Is Nysarc Inc Legit?

Strengths

Consistent operational surpluses, with revenue generally exceeding expenses (e.g., $66,512,654 revenue vs. $66,054,471 expenses in 2023).
Growing asset base, increasing from $21,764,476 in 2016 to $28,773,189 in 2023, indicating financial stability.
Reported 0% officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
Clear program focus indicated by NTEE Code P820 (Developmental Disabilities).

Spending Breakdown

How Nysarc 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

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 Nysarc Inc

Is Nysarc Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Nysarc Inc (EIN: 111845294) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

Is Nysarc Inc a good charity to donate to?

Nysarc Inc has a Mission Score of 88/100. Revenue: $72.4M. Assets: $34.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Nysarc Inc?

The Employer Identification Number (EIN) for Nysarc Inc is 111845294. 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 Nysarc Inc spend its money?

Nysarc Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Nysarc Inc's tax-exempt status?

You can verify Nysarc Inc's tax-exempt status using EIN 111845294 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

Nysarc Inc demonstrates consistent financial operations with revenues generally exceeding expenses, indicating a stable financial position. For instance, in 2023, revenue was $66,512,654 against expenses of $66,054,471, resulting in a surplus. The organization's assets have shown growth over the years, from $21,764,476 in 2016 to $28,773,189 in 2023, suggesting prudent financial management and accumulation of resources. Liabilities have also fluctuated but remain manageable relative to assets.

While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent operational surpluses suggest that the organization is effectively managing its costs. The absence of reported officer compensation across all filings is a notable point regarding transparency, as it indicates either no compensation for officers or that it is reported under other categories, which would warrant further investigation for complete transparency. The organization's NTEE code P820 (Developmental Disabilities) indicates a clear program focus.

Overall, Nysarc Inc appears to be a financially stable organization with a consistent revenue stream and growing asset base. The lack of reported officer compensation is a positive indicator for resource allocation directly to mission, assuming officers are genuinely uncompensated or compensated through other means not categorized as 'Officer Comp'. Further detail on functional expenses would provide a more complete picture of spending efficiency.

Verdict: Nysarc Inc appears trustworthy

Red Flags