Is Nysarc Inc Legit?

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: 141437657) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.

Is Nysarc Inc a good charity to donate to?

Nysarc Inc has a Mission Score of 80/100. Revenue: $99.7M. Assets: $66.5M. 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 141437657. 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 141437657 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 activity, with revenues and expenses generally in close alignment over the past decade. The organization's assets have grown significantly, from $43,184,377 in 2014 to $66,472,609 currently, indicating a healthy accumulation of resources. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the consistent operational scale suggests a stable financial foundation. The reported 0% officer compensation across all filings is a notable point regarding executive pay, suggesting that top leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which could be a strength for donor confidence. However, without detailed expense categories, a full assessment of spending efficiency is limited.

The organization's revenue has seen substantial growth, nearly doubling from $53,675,471 in 2014 to $99,669,419 currently. This growth, coupled with generally positive net assets (assets exceeding liabilities), indicates financial stability and an ability to sustain its operations. The slight deficit in 2022 ($99,383,008 revenue vs. $100,977,605 expenses) was an anomaly, with the organization returning to a surplus in 2023 ($89,715,943 revenue vs. $86,961,680 expenses). The consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency.

Verdict: Nysarc Inc appears trustworthy

Red Flags

Strengths