Is Queens College Student Services Corporation Legit?
Quick charity verification for Queens College Student Services Corporation (EIN: 116080523)
Verdict: Queens College Student Services Corporation appears trustworthy
92/100Mission Score
$2.6MRevenue
$2.2MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed spending breakdown in provided data (program, admin, fundraising) makes precise efficiency analysis challenging.
Strengths
Strong financial solvency with assets consistently exceeding liabilities (e.g., $4,407,171 assets vs. $338,288 liabilities in 202306).
Consistent reporting of 0% officer compensation, indicating high dedication of funds to mission.
Generated surpluses in recent fiscal periods (e.g., $123,232 surplus in 202306, $26,015 in 202206, $1,409,264 in 202106).
Consistent IRS 990 filing history over 13 periods demonstrates transparency.
Significant growth in assets in recent years, from $2,010,092 in 202006 to $4,407,171 in 202306.
Spending Breakdown
How Queens College Student Services Corporation 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 Queens College Student Services Corporation
Is Queens College Student Services Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Queens College Student Services Corporation (EIN: 116080523) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Queens College Student Services Corporation a good charity to donate to?
Queens College Student Services Corporation has a Mission Score of 92/100. Revenue: $2.6M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Queens College Student Services Corporation?
The Employer Identification Number (EIN) for Queens College Student Services Corporation is 116080523. 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 Queens College Student Services Corporation spend its money?
Queens College Student Services Corporation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Queens College Student Services Corporation's tax-exempt status?
You can verify Queens College Student Services Corporation's tax-exempt status using EIN 116080523 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
Queens College Student Services Corporation demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade. In the latest filing (202306), the organization reported assets of $4,407,171 against liabilities of $338,288, indicating strong financial solvency. Revenue and expenses have fluctuated, with a notable surplus in 202106 ($3,791,160 revenue vs. $2,381,896 expenses) and a smaller surplus in 202306 ($2,916,364 revenue vs. $2,793,132 expenses). The organization's NTEE code B80Z suggests a focus on student services, which aligns with its name. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.
Spending efficiency appears to be strong, particularly given the absence of officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent surpluses in recent years (202306, 202206, 202106) suggest effective management of resources. The organization's financial health is robust, with a healthy asset base and manageable liabilities. The consistent filing of IRS 990s over 13 periods further demonstrates a commitment to transparency and accountability.
Overall, Queens College Student Services Corporation appears to be a financially sound and well-managed organization. Its consistent surpluses, strong asset-to-liability ratio, and zero reported officer compensation are positive indicators of its financial health and dedication to its mission. The fluctuations in revenue and expenses are typical for organizations of this type and do not suggest any significant financial distress.