Is Northeastern Association Of The Blind At Albany Inc Legit?
Quick charity verification for Northeastern Association Of The Blind At Albany Inc (EIN: 141338302)
Verdict: Northeastern Association Of The Blind At Albany Inc appears trustworthy
85/100Mission Score
$12.8MRevenue
$5.8MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown (programs, admin, fundraising) in provided data
Unusual 0% officer compensation reported, which may obscure actual executive remuneration if compensated through other means
Strengths
Consistent revenue exceeding expenses in recent years (e.g., 2023 surplus of $655,231)
Strong asset position relative to liabilities (e.g., 2023 assets $6,560,519 vs. liabilities $5,748,004)
Consistent reporting of 0% officer compensation, suggesting high efficiency or volunteer leadership
Long history of IRS 990 filings (14 filings), indicating transparency
Spending Breakdown
How Northeastern Association Of The Blind At Albany Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Northeastern Association Of The Blind At Albany Inc
Is Northeastern Association Of The Blind At Albany Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeastern Association Of The Blind At Albany Inc (EIN: 141338302) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Northeastern Association Of The Blind At Albany Inc a good charity to donate to?
Northeastern Association Of The Blind At Albany Inc has a Mission Score of 85/100. Revenue: $12.8M. Assets: $5.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northeastern Association Of The Blind At Albany Inc?
The Employer Identification Number (EIN) for Northeastern Association Of The Blind At Albany Inc is 141338302. 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 Northeastern Association Of The Blind At Albany Inc spend its money?
Northeastern Association Of The Blind At Albany Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northeastern Association Of The Blind At Albany Inc's tax-exempt status?
You can verify Northeastern Association Of The Blind At Albany Inc's tax-exempt status using EIN 141338302 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
The Northeastern Association Of The Blind At Albany Inc demonstrates a generally stable financial position, with recent revenue in 2023 at $7,637,918 exceeding expenses of $6,982,687, leading to a surplus. Over the past several years, the organization has consistently managed expenses close to or below revenue, indicating sound financial management. While assets have fluctuated, they have generally remained above liabilities, such as in 2023 where assets were $6,560,519 against liabilities of $5,748,004, suggesting a healthy balance sheet. The organization's consistent filing of IRS 990s over 14 periods indicates a commitment to transparency.
Spending efficiency appears to be a strong point, as the organization consistently reports 0% officer compensation, which is highly unusual and suggests that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which would significantly reduce administrative overhead. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency, but the absence of reported officer compensation is a notable positive indicator for resource allocation towards its mission.
Overall, the organization exhibits good financial health with consistent revenue generation and expense management. The lack of reported officer compensation is a significant factor that could contribute to higher program spending efficiency. To further enhance transparency, a detailed breakdown of functional expenses would be beneficial for external stakeholders.