Quick charity verification for Paterson Nj Oic (EIN: 221947953)
Verdict: Paterson Nj Oic appears trustworthy
75/100Mission Score
$159KRevenue
$120KAssets
3Red Flags
2Strengths
Red Flags
Identical financial figures for 202306 and 202206 filings (revenue $183,245, expenses $274,777, assets $154,364, liabilities $270,323) raise concerns about data accuracy or reporting practices.
Consistent reporting of 0% compensation across all years suggests that executive compensation may be miscategorized, paid by a related entity, or not disclosed in the standard manner.
Significant fluctuations in revenue and expenses year-over-year (e.g., revenue dropped from $813,214 in 202106 to $183,245 in 202206) indicate potential instability or changes in operational scale.
Strengths
Despite financial fluctuations, the organization consistently allocates a high percentage of its spending to programs, indicating a strong commitment to its mission.
The organization has a long history of operations, with financial data available back to 201606, suggesting established community presence.
Spending Breakdown
How Paterson Nj Oic allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
10%
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 Paterson Nj Oic
Is Paterson Nj Oic a legitimate charity?
Based on AI analysis of IRS 990 filings, Paterson Nj Oic (EIN: 221947953) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
Is Paterson Nj Oic a good charity to donate to?
Paterson Nj Oic has a Mission Score of 75/100. Revenue: $159K. Assets: $120K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Paterson Nj Oic?
The Employer Identification Number (EIN) for Paterson Nj Oic is 221947953. 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 Paterson Nj Oic spend its money?
Paterson Nj Oic allocates 85% to programs, 5% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Paterson Nj Oic's tax-exempt status?
You can verify Paterson Nj Oic's tax-exempt status using EIN 221947953 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
Paterson Nj Oic is a unknown nonprofit based in Paterson, New Jersey, with reported revenue of $159K and assets of $120K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 5% to administration, and 10% to fundraising. Executive compensation is consistently reported as $0 across all available filings, which is highly unusual for an organization with significant revenue and expenses and warrants further inquiry into how leadership is compensated. Revenue has declined -82% across 12 filing periods.