Quick charity verification for Paterson Eye And Ear Infirmary (EIN: 221487291)
Verdict: Paterson Eye And Ear Infirmary shows mixed signals
65/100Mission Score
$812KRevenue
$4.1MAssets
2Red Flags
3Strengths
Red Flags
Consistent reporting of 0% compensation for highest-paid employees raises questions about the true nature of executive compensation.
Significant year-over-year fluctuations in revenue (e.g., $71,617 in 2020 vs. $250,402 in 2021) could indicate an unstable funding model or reliance on sporadic large donations.
Strengths
Maintains a stable asset base, consistently around $3.8M - $4.0M, indicating good financial stewardship of its reserves.
Low reported expenses relative to assets suggest efficient operations or a focus on long-term asset preservation.
The organization has consistently reported its financial data over many years, demonstrating a commitment to transparency in its filings.
AI Transparency Report
Paterson Eye And Ear Infirmary is a unknown nonprofit based in Fair Lawn, New Jersey, with reported revenue of $812K and assets of $4.1M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. - The organization consistently reports 0% compensation for its highest-paid employees, which warrants further investigation into how executive compensation is structured or if it's reported under different categories.
- Financial filings show a consistent level of assets around $3.8M - $4.0M over the past several years, indicating financial stability.
- Revenue has fluctuated significantly year-over-year, from a low of $71,617 in 2020 to a high of $250,402 in 2021. Executive compensation is consistently reported as $0 in the provided filings, which is unusual for an organization of this size and suggests compensation may be indirect or not fully disclosed in these specific line items. Revenue has remained stable +4% across 13 filing periods.