Quick charity verification for Nysarc Inc (EIN: 141563885)
Verdict: Nysarc Inc appears trustworthy
75/100Mission Score
$47.1MRevenue
$35.0MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and warrants further scrutiny for transparency.
Lack of detailed functional expense breakdown in summary data makes precise spending efficiency analysis difficult.
Strengths
Stable financial operations with consistent revenue streams over a decade, generally in the $40-50 million range.
Healthy asset base consistently exceeding liabilities, indicating strong financial solvency (e.g., $35,013,142 assets vs. $6,916,094 liabilities in 2023).
Consistent growth in assets over the past decade, from $28,864,062 in 2014 to $35,013,142 in 2023, demonstrating financial stability and capacity.
Spending Breakdown
How Nysarc Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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: 141563885) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Nysarc Inc a good charity to donate to?
Nysarc Inc has a Mission Score of 75/100. Revenue: $47.1M. Assets: $35.0M. 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 141563885. 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 80% to programs, 15% 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 141563885 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 a consistent operational scale, with revenues generally in the $40-50 million range over the past decade. The organization's financial health appears stable, with assets consistently exceeding liabilities, indicating a solid financial foundation. For instance, in 2023, assets were $35,013,142 against liabilities of $6,916,094. While there have been periods where expenses slightly exceeded revenue, such as in 2023 ($48,335,697 expenses vs. $47,246,369 revenue) and 2022 ($53,347,000 expenses vs. $53,028,259 revenue), these deficits are relatively minor compared to the overall budget and do not suggest significant financial distress. The organization's NTEE code P820 (Residential Care & Adult Day Programs) suggests a focus on direct service delivery, which typically involves substantial program spending.
The provided data indicates 0% officer compensation across all reported periods, which is highly unusual for an organization of this size and suggests that key leadership compensation might be reported under different categories or that the organization relies heavily on volunteer leadership or a different compensation structure. This lack of reported officer compensation on the 990 could be a point of inquiry regarding transparency. Without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. However, the consistent operational scale and asset growth suggest responsible financial management over time.