Quick charity verification for North Plainfield Giving Nest Inc (EIN: 20693989)
Verdict: North Plainfield Giving Nest Inc appears trustworthy
85/100Mission Score
$678KRevenue
$330KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
Positive financial trend with revenue exceeding expenses in recent years (e.g., 2023 revenue $794,734 vs. expenses $648,753).
Growing net assets, increasing from $134,680 in 2021 to $346,559 in 2023.
Manageable liabilities relative to assets, with liabilities at $72,488 in 2023 against $346,559 in assets.
Stable revenue generation over multiple years, demonstrating consistent operational capacity.
Spending Breakdown
How North Plainfield Giving Nest Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about North Plainfield Giving Nest Inc
Is North Plainfield Giving Nest Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Plainfield Giving Nest Inc (EIN: 20693989) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is North Plainfield Giving Nest Inc a good charity to donate to?
North Plainfield Giving Nest Inc has a Mission Score of 85/100. Revenue: $678K. Assets: $330K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Plainfield Giving Nest Inc?
The Employer Identification Number (EIN) for North Plainfield Giving Nest Inc is 20693989. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does North Plainfield Giving Nest Inc spend its money?
North Plainfield Giving Nest Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Plainfield Giving Nest Inc's tax-exempt status?
You can verify North Plainfield Giving Nest Inc's tax-exempt status using EIN 20693989 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
North Plainfield Giving Nest Inc demonstrates a generally stable financial position, with recent filings showing consistent revenue generation and positive net assets. In 2023, the organization reported revenue of $794,734 against expenses of $648,753, resulting in a surplus that contributed to an increase in assets to $346,559. This trend of revenue exceeding expenses is a positive development, especially compared to earlier years like 2019 and 2020 where expenses outpaced revenue. The organization's liabilities have remained relatively low and manageable, indicating good financial control.
The absence of reported officer compensation across all available filings is a significant indicator of efficiency and a strong commitment to directing funds towards the mission. This suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation, which can free up resources for programs. The NTEE code B21 (Child Day Care) aligns with a direct service model, and the financial data supports an organization focused on its operational mission.
Overall, North Plainfield Giving Nest Inc appears to be a financially sound and transparent organization. Its consistent operations, growth in assets, and lack of reported officer compensation point to a well-managed entity. The organization's financial health has improved in recent years, moving from periods of deficit to consistent surpluses, which is a positive sign for its long-term sustainability and ability to deliver on its mission.