Is Paul Smiths College Of Arts And Sciences Legit?

Quick charity verification for Paul Smiths College Of Arts And Sciences (EIN: 150533545)

Verdict: Paul Smiths College Of Arts And Sciences appears trustworthy

70/100Mission Score

$34.8MRevenue

$75.5MAssets

2Red Flags

3Strengths

Red Flags

Consistent operational deficits (expenses exceeding revenue) in recent years, such as a $2,115,243 deficit in 202306.
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.

Strengths

Strong and stable asset base, consistently above $75 million, providing financial resilience.
Exceptional transparency regarding executive compensation, reporting 0% officer compensation across all available filings.
Long history of IRS 990 filings (13 filings), indicating consistent compliance and public disclosure.

Spending Breakdown

How Paul Smiths College Of Arts And Sciences allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Paul Smiths College Of Arts And Sciences

Is Paul Smiths College Of Arts And Sciences a legitimate charity?

Based on AI analysis of IRS 990 filings, Paul Smiths College Of Arts And Sciences (EIN: 150533545) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

Is Paul Smiths College Of Arts And Sciences a good charity to donate to?

Paul Smiths College Of Arts And Sciences has a Mission Score of 70/100. Revenue: $34.8M. Assets: $75.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Paul Smiths College Of Arts And Sciences?

The Employer Identification Number (EIN) for Paul Smiths College Of Arts And Sciences is 150533545. 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 Paul Smiths College Of Arts And Sciences spend its money?

Paul Smiths College Of Arts And Sciences allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Paul Smiths College Of Arts And Sciences's tax-exempt status?

You can verify Paul Smiths College Of Arts And Sciences's tax-exempt status using EIN 150533545 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

Paul Smiths College Of Arts And Sciences demonstrates a consistent pattern of operating with expenses exceeding revenue in recent years, as seen in the 202306 period where expenses were $41,638,488 against revenues of $39,523,245, and similarly in 202206 with expenses of $43,313,784 against revenues of $40,777,249. This trend of deficit spending could indicate a need for closer examination of financial sustainability, although the organization maintains substantial assets, reaching $79,764,344 in 202306. The college's asset base has remained relatively stable over the past decade, fluctuating but generally staying above $75 million, suggesting a degree of financial resilience despite operational deficits.

The organization's transparency is notably high regarding executive compensation, with all filings from 201406 to 202306 reporting 0% officer compensation. This indicates that no compensation was reported for officers, directors, trustees, or key employees on Part VII of the Form 990, which is an unusual but positive sign for transparency in this specific area. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The consistent operational deficits, however, warrant attention to ensure long-term financial health.

While the college maintains a significant asset base, the recurring operational deficits, where expenses consistently outpace revenue, are a key area for financial scrutiny. For instance, in 202306, the deficit was over $2 million. This pattern, if continued, could erode the asset base over time. The lack of reported officer compensation is a strong point for transparency in that specific area, but a more granular breakdown of functional expenses would provide a clearer picture of how efficiently funds are being allocated across programs, administration, and fundraising.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.