Quick charity verification for Nysarc Inc (EIN: 131740065)
Verdict: Nysarc Inc appears trustworthy
88/100Mission Score
$65.8MRevenue
$56.6MAssets
1Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which may indicate compensation is reported elsewhere or a lack of transparency in this specific field.
Strengths
Consistent financial stability with revenues generally exceeding expenses (e.g., $57,867,960 revenue vs. $56,352,287 expenses in 2023).
Growing asset base, indicating long-term financial health (e.g., assets grew from $45,345,838 in 2014 to $49,377,903 in 2023).
Stable revenue streams over a decade, demonstrating consistent support and operational capacity.
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
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 Nysarc Inc
Is Nysarc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nysarc Inc (EIN: 131740065) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 3 strengths noted.
Is Nysarc Inc a good charity to donate to?
Nysarc Inc has a Mission Score of 88/100. Revenue: $65.8M. Assets: $56.6M. 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 131740065. 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 131740065 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 stable financial health. For instance, in 2023, revenue was $57,867,960 against expenses of $56,352,287. The organization's assets have shown growth over the years, reaching $49,377,903 in 2023, which provides a solid financial foundation. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is not reported in this specific field, which would warrant further investigation. Overall, the financial data points to a well-managed organization with a focus on its mission, maintaining a healthy balance between income and expenditures.