Is Queensborough Community College Auxiliary Enterprise Assoc Inc Legit?
Quick charity verification for Queensborough Community College Auxiliary Enterprise Assoc Inc (EIN: 112037770)
Verdict: Queensborough Community College Auxiliary Enterprise Assoc Inc appears trustworthy
90/100Mission Score
$3.4MRevenue
$7.6MAssets
1Red Flags
5Strengths
Red Flags
NTEE code Z99Z (Unknown) provides limited insight into specific programmatic focus.
Strengths
Consistent asset growth, reaching $7,500,185 in 2024.
Zero officer compensation reported across all filings, indicating high efficiency.
Generally positive net income, with a surplus of $291,044 in 2024.
Long history of IRS 990 filings (14 filings), demonstrating compliance.
Low liabilities relative to assets, with liabilities at $128,894 against $7,500,185 in assets in 2024.
Spending Breakdown
How Queensborough Community College Auxiliary Enterprise Assoc Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Queensborough Community College Auxiliary Enterprise Assoc Inc
Is Queensborough Community College Auxiliary Enterprise Assoc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Queensborough Community College Auxiliary Enterprise Assoc Inc (EIN: 112037770) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Queensborough Community College Auxiliary Enterprise Assoc Inc a good charity to donate to?
Queensborough Community College Auxiliary Enterprise Assoc Inc has a Mission Score of 90/100. Revenue: $3.4M. Assets: $7.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Queensborough Community College Auxiliary Enterprise Assoc Inc?
The Employer Identification Number (EIN) for Queensborough Community College Auxiliary Enterprise Assoc Inc is 112037770. 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 Queensborough Community College Auxiliary Enterprise Assoc Inc spend its money?
Queensborough Community College Auxiliary Enterprise Assoc Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Queensborough Community College Auxiliary Enterprise Assoc Inc's tax-exempt status?
You can verify Queensborough Community College Auxiliary Enterprise Assoc Inc's tax-exempt status using EIN 112037770 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
Queensborough Community College Auxiliary Enterprise Assoc Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $7,500,185 in 2024. The organization consistently reports zero officer compensation, which is a strong indicator of efficient resource allocation and a focus on its mission rather than executive enrichment. While revenue and expenses have fluctuated, the organization has generally maintained a positive net income, particularly in recent years, with a surplus of $291,044 in 2024. This financial stability suggests a well-managed operation capable of sustaining its activities.
The organization's NTEE code Z99Z (Unknown) is a minor concern for transparency, as it doesn't clearly define its programmatic area. However, the consistent filing of IRS Form 990s over 14 periods indicates a commitment to regulatory compliance. The absence of reported officer compensation across all available filings is a significant positive for transparency and efficiency, suggesting that resources are directed towards the organization's auxiliary functions supporting the college rather than high executive salaries. Overall, the financial health appears sound, with a strong emphasis on program delivery given the lack of executive compensation.