Is Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund Legit?
Quick charity verification for Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund (EIN: 133418414)
Verdict: Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund appears trustworthy
75/100Mission Score
$8.7MRevenue
$24.9MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or through related entities.
Operational deficits in recent years (e.g., 202305: Revenue $2,898,915 vs. Expenses $3,478,623; 202105: Revenue $2,003,149 vs. Expenses $2,710,938) suggest reliance on prior reserves or asset growth to cover annual spending.
Strengths
Strong asset growth over the past decade, from $11,349,750 in 201405 to $18,305,901 in 202305, indicating long-term financial stability.
Relatively low liabilities compared to assets, demonstrating good financial management and solvency.
Consistent financial reporting with 12 filings, indicating transparency in submitting required IRS documents.
Spending Breakdown
How Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund 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 Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund
Is Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund (EIN: 133418414) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund a good charity to donate to?
Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund has a Mission Score of 75/100. Revenue: $8.7M. Assets: $24.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund?
The Employer Identification Number (EIN) for Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund is 133418414. 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 Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund spend its money?
Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund's tax-exempt status?
You can verify Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund's tax-exempt status using EIN 133418414 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 Ny Hotel & Motel Trades Council & Hotel Assoc Of Nyc Inc Legal Fund demonstrates consistent financial activity, with revenues and expenses fluctuating over the past decade. In the latest available period (202305), the organization reported revenues of $2,898,915 against expenses of $3,478,623, indicating a deficit for that year. However, its assets have shown significant growth, increasing from $11,349,750 in 201405 to $18,305,901 in 202305, suggesting a healthy long-term financial position despite annual fluctuations. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial management and transparency regarding executive pay.
While the specific breakdown of program, administrative, and fundraising expenses is not explicitly detailed in the provided summary, the consistent reporting of 0% officer compensation suggests a commitment to minimizing overhead in that specific area. The organization's liabilities have remained relatively low compared to its assets, indicating good financial stability. The overall trend of asset growth, even with periods of operational deficits, points to a well-managed endowment or investment strategy supporting its mission.