Quick charity verification for Plattsburgh College Foundation Inc (EIN: 141484644)
Verdict: Plattsburgh College Foundation Inc appears trustworthy
92/100Mission Score
$5.1MRevenue
$43.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, reaching $41,163,520 in 202406.
Zero reported officer compensation across all 14 filings, indicating high efficiency.
Strong financial stability with low liabilities relative to assets.
Long history of consistent IRS 990 filings, demonstrating transparency.
NTEE code B110 (College/University) aligns with its mission as a college foundation.
Spending Breakdown
How Plattsburgh College Foundation 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 Plattsburgh College Foundation Inc
Is Plattsburgh College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Plattsburgh College Foundation Inc (EIN: 141484644) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Plattsburgh College Foundation Inc a good charity to donate to?
Plattsburgh College Foundation Inc has a Mission Score of 92/100. Revenue: $5.1M. Assets: $43.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plattsburgh College Foundation Inc?
The Employer Identification Number (EIN) for Plattsburgh College Foundation Inc is 141484644. 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 Plattsburgh College Foundation Inc spend its money?
Plattsburgh College Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plattsburgh College Foundation Inc's tax-exempt status?
You can verify Plattsburgh College Foundation Inc's tax-exempt status using EIN 141484644 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
The Plattsburgh College Foundation Inc. demonstrates a generally healthy financial position, with assets consistently growing over the past decade, reaching $41,163,520 in the 202406 period. Revenue has fluctuated, with a notable peak of $8,457,454 in 202206, but the organization has consistently maintained a strong asset base relative to its liabilities, indicating good financial stability. The foundation's primary purpose is to support Plattsburgh College, and its spending patterns reflect this mission.
Spending efficiency appears strong, with program expenses likely constituting the vast majority of total expenditures, given the nature of a college foundation. The consistent reporting of 0% officer compensation across all available filings suggests a highly efficient use of funds, with leadership likely serving in a volunteer capacity or compensated through other means not reported as officer compensation. This practice significantly reduces administrative overhead and maximizes resources available for programmatic activities.
Transparency is high, as evidenced by the readily available and consistent IRS 990 filings over 14 periods. The detailed financial data, including revenue, expenses, assets, liabilities, and officer compensation, provides a clear picture of the foundation's financial operations. The absence of reported officer compensation is a key indicator of fiscal prudence and a commitment to directing resources towards its educational mission.