Is Northeast College Of Health Sciences Legit?

Quick charity verification for Northeast College Of Health Sciences (EIN: 131916574)

Verdict: Northeast College Of Health Sciences appears trustworthy

75/100Mission Score

$33.5MRevenue

$90.7MAssets

2Red Flags

4Strengths

Red Flags

Recent operational deficit in 202308 ($23,519,518 expenses vs. $22,211,254 revenue)
Unusually low (0%) reported officer compensation across all filings, potentially obscuring executive pay details.

Strengths

Strong asset base ($90,666,591 in latest filing) significantly exceeding liabilities.
Consistent history of IRS 990 filings, indicating transparency in reporting.
Healthy asset-to-liability ratio (approx. 4.67 in 202308), demonstrating financial resilience.
Historically, expenses have generally been well-managed within revenue limits, with most years showing a surplus.

Spending Breakdown

How Northeast College Of Health Sciences allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Northeast College Of Health Sciences

Is Northeast College Of Health Sciences a legitimate charity?

Based on AI analysis of IRS 990 filings, Northeast College Of Health Sciences (EIN: 131916574) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Northeast College Of Health Sciences a good charity to donate to?

Northeast College Of Health Sciences has a Mission Score of 75/100. Revenue: $33.5M. Assets: $90.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Northeast College Of Health Sciences?

The Employer Identification Number (EIN) for Northeast College Of Health Sciences is 131916574. 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 Northeast College Of Health Sciences spend its money?

Northeast College Of Health Sciences allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Northeast College Of Health Sciences's tax-exempt status?

You can verify Northeast College Of Health Sciences's tax-exempt status using EIN 131916574 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

Northeast College Of Health Sciences demonstrates a generally stable financial position with consistent revenue streams over the past decade, typically exceeding expenses. For instance, in 202208, revenue was $23,816,443 against expenses of $21,233,403, indicating a surplus. However, the most recent filing for 202308 shows expenses ($23,519,518) slightly exceeding revenue ($22,211,254), resulting in a deficit for that period. The organization maintains substantial assets, reported at $90,666,591 in the latest filing, significantly outweighing liabilities, which were $18,274,997 in 202308. This strong asset base provides a buffer against short-term fluctuations.

The organization's spending efficiency appears to be focused on its programmatic mission, as is typical for educational institutions. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise efficiency ratio cannot be calculated. However, the consistent operational surpluses in most years suggest effective management of resources. The consistent reporting of 0% for officer compensation across all available filings is a notable point regarding executive pay, suggesting that top leadership may not be compensated directly through the organization's reported officer compensation line item, or that it is reported differently, which could impact transparency if not clearly explained elsewhere.

In terms of transparency, the consistent filing of IRS Form 990s over many years is a positive indicator. However, the lack of reported officer compensation in the provided data, while potentially a positive for cost-efficiency, could also raise questions if the actual compensation is simply categorized differently and not easily discernible. Further detail on how executive leadership is compensated would enhance transparency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.