Is Plumb Club Of New York State Inc Legit?

Quick charity verification for Plumb Club Of New York State Inc (EIN: 133180239)

Verdict: Plumb Club Of New York State Inc appears trustworthy

85/100Mission Score
$6.3MRevenue
$3.2MAssets
2Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Plumb Club Of New York State Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Plumb Club Of New York State Inc

Is Plumb Club Of New York State Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Plumb Club Of New York State Inc (EIN: 133180239) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is Plumb Club Of New York State Inc a good charity to donate to?

Plumb Club Of New York State Inc has a Mission Score of 85/100. Revenue: $6.3M. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Plumb Club Of New York State Inc?

The Employer Identification Number (EIN) for Plumb Club Of New York State Inc is 133180239. 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 Plumb Club Of New York State Inc spend its money?

Plumb Club Of New York State Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Plumb Club Of New York State Inc's tax-exempt status?

You can verify Plumb Club Of New York State Inc's tax-exempt status using EIN 133180239 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 Plumb Club Of New York State Inc demonstrates a generally stable financial position, with recent revenues consistently exceeding expenses, as seen in the 202312 period where revenue was $7,012,492 against expenses of $6,900,795. The organization's assets have fluctuated, peaking around $6 million in 2019 and currently standing at $3,911,787 in 2023, indicating a healthy reserve. A notable aspect is the reported 0% officer compensation across all available filings, which suggests either a volunteer-led executive structure or that compensation is reported differently, warranting further investigation for full transparency. The organization's NTEE code S46 (Business & Professional Associations, Federations, etc.) suggests its primary activities are likely member services and industry promotion, which aligns with its financial patterns of significant revenue and expense flows typical of such associations. Spending efficiency appears reasonable given the nature of a professional association. While specific program spending ratios aren't detailed in the provided data, the consistent operational surplus in most years (e.g., $111,697 in 2023) indicates sound financial management. The significant dip in revenue and corresponding increase in expenses in 2020 ($664,377 revenue vs. $2,032,684 expenses) likely reflects the impact of the COVID-19 pandemic on its operations, demonstrating resilience in recovering to pre-pandemic revenue levels by 2022 and 2023. The low liabilities across all periods also point to a fiscally responsible approach. Transparency regarding executive compensation is high, with 0% reported, which is a positive indicator. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency and program focus is challenging. The consistent filing of IRS Form 990s over many years demonstrates a commitment to regulatory compliance and public disclosure of financial information.

View Full Transparency Report →

Disclaimer

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

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