Is Northfield Community Ldc Of Staten Island Inc Legit?
Quick charity verification for Northfield Community Ldc Of Staten Island Inc (EIN: 132974137)
Verdict: Northfield Community Ldc Of Staten Island Inc appears trustworthy
85/100Mission Score
$3.0MRevenue
$1.8MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data, hindering precise efficiency analysis.
Growing liabilities ($930,142 in 202305) alongside assets, requiring further scrutiny of the balance sheet.
Strengths
Consistent financial stability with revenues generally exceeding or closely matching expenses (e.g., $1,898,705 revenue vs. $1,812,215 expenses in 202305).
No reported officer compensation across all filings, indicating strong transparency and potentially low overhead.
Steady asset growth over the decade, from $602,914 in 201405 to $1,162,979 in 202305, suggesting increasing capacity.
Positive net income in most recent periods (e.g., $86,490 surplus in 202305).
Spending Breakdown
How Northfield Community Ldc Of Staten Island Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Northfield Community Ldc Of Staten Island Inc
Is Northfield Community Ldc Of Staten Island Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northfield Community Ldc Of Staten Island Inc (EIN: 132974137) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Northfield Community Ldc Of Staten Island Inc a good charity to donate to?
Northfield Community Ldc Of Staten Island Inc has a Mission Score of 85/100. Revenue: $3.0M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northfield Community Ldc Of Staten Island Inc?
The Employer Identification Number (EIN) for Northfield Community Ldc Of Staten Island Inc is 132974137. 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 Northfield Community Ldc Of Staten Island Inc spend its money?
Northfield Community Ldc Of Staten Island Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northfield Community Ldc Of Staten Island Inc's tax-exempt status?
You can verify Northfield Community Ldc Of Staten Island Inc's tax-exempt status using EIN 132974137 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
Northfield Community Ldc Of Staten Island Inc demonstrates a generally stable financial position with consistent revenue generation over the past decade. In the latest filing period (202305), the organization reported revenues of $1,898,705 against expenses of $1,812,215, indicating a surplus. This trend of revenues closely matching or slightly exceeding expenses is common across its filing history, suggesting careful financial management. The organization's assets have shown growth, reaching $1,162,979 in 202305, up from $602,914 in 201405, which is a positive indicator of increasing capacity.
However, a detailed breakdown of spending efficiency (program vs. administrative vs. fundraising) is not explicitly provided in the summary data, making a precise assessment challenging. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive roles are unpaid, which is a strong positive for donor confidence. The organization's liabilities have also grown alongside assets, with liabilities at $930,142 in 202305, which warrants monitoring to ensure a healthy debt-to-asset ratio.
Overall, the organization appears to be financially sound with a history of managing its budget effectively. The absence of reported officer compensation is a notable strength in terms of transparency and potentially lower overhead. Further analysis would benefit from a detailed functional expense breakdown to fully evaluate spending efficiency.