Quick charity verification for Nysarc Inc (EIN: 146020996)
Verdict: Nysarc Inc appears trustworthy
90/100Mission Score
$123.2MRevenue
$88.1MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or 0% officer compensation reported, which may warrant further investigation into how leadership is compensated or structured.
Strengths
Consistent revenue generation, with recent years exceeding $100 million.
Significant asset growth, nearly doubling from 2019 to the present.
Positive net income (revenue exceeding expenses) in most reported periods, indicating financial stability.
Reported 0% officer compensation across all filings, suggesting a strong focus on mission spending.
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: 146020996) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Nysarc Inc a good charity to donate to?
Nysarc Inc has a Mission Score of 90/100. Revenue: $123.2M. Assets: $88.1M. 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 146020996. 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 146020996 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 health with a strong revenue base, exceeding $100 million in recent years, and a positive trend in asset growth. For example, in 2023, the organization reported revenues of $118,119,695 against expenses of $115,689,876, indicating a surplus. The organization's assets have also shown significant growth, nearly doubling from $44,016,488 in 2019 to $88,104,593 currently. This suggests effective financial management and an ability to build reserves. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a focus on mission-related spending rather than executive enrichment. While specific program spending ratios are not detailed in the provided data, the overall financial picture suggests a well-managed and stable organization.