Is Polish & Slavic Center Inc Legit?

Quick charity verification for Polish & Slavic Center Inc (EIN: 112285970)

Verdict: Polish & Slavic Center Inc appears trustworthy

85/100Mission Score

$3.6MRevenue

$2.5MAssets

1Red Flags

4Strengths

Red Flags

0% reported officer compensation, which is unusual for an organization of this size and could mask executive benefits or compensation reported in other categories.

Strengths

Strong asset growth, increasing from $429,260 in 2019 to $2,500,225 currently.
Consistent revenue generation, with latest revenue at $3,550,299.
History of consistent IRS 990 filings, indicating good transparency practices.
Expenses generally align with or are below revenue, suggesting sound financial management.

Spending Breakdown

How Polish & Slavic Center 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

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 Polish & Slavic Center Inc

Is Polish & Slavic Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Polish & Slavic Center Inc (EIN: 112285970) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Polish & Slavic Center Inc a good charity to donate to?

Polish & Slavic Center Inc has a Mission Score of 85/100. Revenue: $3.6M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Polish & Slavic Center Inc?

The Employer Identification Number (EIN) for Polish & Slavic Center Inc is 112285970. 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 Polish & Slavic Center Inc spend its money?

Polish & Slavic Center Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Polish & Slavic Center Inc's tax-exempt status?

You can verify Polish & Slavic Center Inc's tax-exempt status using EIN 112285970 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 Polish & Slavic Center Inc demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $2 million annually, though the latest revenue is $3,550,299. The organization has shown significant growth in assets, increasing from $429,260 in 2019 to $2,500,225 currently, indicating effective asset management or capital accumulation. Expenses have largely tracked revenue, suggesting a balanced operational budget. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency and operational structure, indicating that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which warrants further investigation for a complete picture.

Spending efficiency appears reasonable, with expenses generally aligning with or slightly below revenue in recent years, such as in 2023 where expenses were $3,008,271 against revenues of $3,197,831. This suggests the organization is not consistently operating at a deficit. The growth in assets, particularly the jump from $1,508,203 in 2023 to $2,500,225 currently, indicates a healthy financial trajectory and capacity building. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency in terms of mission delivery is challenging.

Transparency is strong regarding executive compensation, with the 0% reported officer compensation being a clear data point. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to public disclosure. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for stakeholders to understand how funds are allocated across programs, administration, and fundraising efforts.

View Full Transparency Report →

Disclaimer

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