Is Rensselaer County Agricultural And Horticultural Society Legit?
Quick charity verification for Rensselaer County Agricultural And Horticultural Society (EIN: 141370705)
Verdict: Rensselaer County Agricultural And Horticultural Society appears trustworthy
85/100Mission Score
$1.7MRevenue
$408KAssets
2Red Flags
4Strengths
Red Flags
Significant revenue volatility in 2020 ($208,174) compared to surrounding years (e.g., $1,049,747 in 2019 and $1,137,799 in 2021), indicating potential vulnerability to external factors.
Historically low asset base relative to revenue in earlier years, though this has improved significantly by 2023.
Strengths
Strong financial recovery and growth post-2020, with revenue increasing from $208,174 to $1,497,396 by 2023.
Consistent reporting of 0% officer compensation across all 13 filings, indicating high efficiency in executive overhead.
Significant reduction in liabilities from $332,514 in 2020 to $25,697 in 2023, improving financial stability.
Positive trend in asset accumulation, increasing from $4,484 in 2020 to $130,821 in 2023.
Spending Breakdown
How Rensselaer County Agricultural And Horticultural Society allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Rensselaer County Agricultural And Horticultural Society
Is Rensselaer County Agricultural And Horticultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Rensselaer County Agricultural And Horticultural Society (EIN: 141370705) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Rensselaer County Agricultural And Horticultural Society a good charity to donate to?
Rensselaer County Agricultural And Horticultural Society has a Mission Score of 85/100. Revenue: $1.7M. Assets: $408K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rensselaer County Agricultural And Horticultural Society?
The Employer Identification Number (EIN) for Rensselaer County Agricultural And Horticultural Society is 141370705. 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 Rensselaer County Agricultural And Horticultural Society spend its money?
Rensselaer County Agricultural And Horticultural Society allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rensselaer County Agricultural And Horticultural Society's tax-exempt status?
You can verify Rensselaer County Agricultural And Horticultural Society's tax-exempt status using EIN 141370705 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
Rensselaer County Agricultural And Horticultural Society demonstrates a fluctuating but generally improving financial trajectory, particularly in recent years. After a significant dip in revenue and an increase in liabilities in 2020, the organization has shown strong recovery, with revenue increasing from $208,174 in 2020 to $1,497,396 in 2023. This growth has allowed them to significantly reduce liabilities from $332,514 in 2020 to $25,697 in 2023, and increase assets from $4,484 to $130,821 over the same period. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for transparency and efficiency. While specific program spending ratios aren't detailed in the provided data, the overall financial health appears to be stabilizing and strengthening.