Is Patchogue Village Center For The Performing Arts Inc Legit?
Quick charity verification for Patchogue Village Center For The Performing Arts Inc (EIN: 113586794)
Verdict: Patchogue Village Center For The Performing Arts Inc appears trustworthy
88/100Mission Score
$4.0MRevenue
$1.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong asset growth, increasing from $514,457 in 202005 to $2,014,523 in 202305.
Consistent reporting of 0% officer compensation, indicating low executive overhead.
Significant revenue growth, especially from $894,986 in 202105 to $3,580,838 in 202305.
Positive net assets, with assets consistently exceeding liabilities across all reported periods.
Consistent filing history over 13 periods, demonstrating transparency and compliance.
Spending Breakdown
How Patchogue Village Center For The Performing Arts 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 Patchogue Village Center For The Performing Arts Inc
Is Patchogue Village Center For The Performing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Patchogue Village Center For The Performing Arts Inc (EIN: 113586794) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is Patchogue Village Center For The Performing Arts Inc a good charity to donate to?
Patchogue Village Center For The Performing Arts Inc has a Mission Score of 88/100. Revenue: $4.0M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Patchogue Village Center For The Performing Arts Inc?
The Employer Identification Number (EIN) for Patchogue Village Center For The Performing Arts Inc is 113586794. 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 Patchogue Village Center For The Performing Arts Inc spend its money?
Patchogue Village Center For The Performing Arts Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Patchogue Village Center For The Performing Arts Inc's tax-exempt status?
You can verify Patchogue Village Center For The Performing Arts Inc's tax-exempt status using EIN 113586794 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
Patchogue Village Center For The Performing Arts Inc demonstrates generally sound financial health, with recent revenue growth and a strong asset base. In the 202305 period, the organization reported revenues of $3,580,838 against expenses of $3,604,285, indicating a near break-even operation for that year. However, the prior year (202205) showed a significant surplus with revenues of $2,916,141 exceeding expenses of $2,125,434. The organization's assets have grown substantially over the past few years, from $514,457 in 202005 to $2,014,523 in 202305, suggesting effective asset management and reinvestment. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead in this area and strong transparency regarding executive pay practices.