0% officer compensation reported across all 13 filings, demonstrating exceptional transparency and mission focus.
Significant asset growth, from $20.2M in 2014 to $42.4M in 2023, enhancing organizational capacity.
Efficient spending with expenses closely tracking revenue, suggesting funds are actively deployed for programs.
Spending Breakdown
How Nysarc Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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: 146028767) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Nysarc Inc a good charity to donate to?
Nysarc Inc has a Mission Score of 92/100. Revenue: $86.4M. Assets: $50.0M. 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 146028767. 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 90% to programs, 7% to administration, and 3% 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 146028767 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 generally sound financial health, with consistent revenue growth over the past decade, culminating in $80,561,528 in revenue for the 2023 period. The organization consistently operates with a surplus, as seen in the 2023 period where expenses were $77,908,442 against $80,561,528 in revenue, indicating responsible financial management. Asset growth is also notable, increasing from $20,258,210 in 2014 to $42,488,574 in 2023, suggesting a growing capacity to fulfill its mission.
Spending efficiency appears strong, with expenses closely tracking revenue, indicating that the majority of funds are being deployed towards operations rather than accumulating excessive reserves. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards programmatic activities rather than executive enrichment. This practice is highly commendable and suggests a donor-centric approach.
Overall, Nysarc Inc exhibits a healthy financial trajectory, efficient spending patterns, and a high degree of transparency regarding executive compensation. The consistent growth in assets and revenue, coupled with prudent expense management, positions the organization well for sustained impact. The absence of reported officer compensation is a particularly strong positive signal regarding its financial practices.