Quick charity verification for Rescue Mission Alliance Of Syracuse N Y (EIN: 150532146)
Verdict: Rescue Mission Alliance Of Syracuse N Y appears trustworthy
88/100Mission Score
$33.6MRevenue
$51.7MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this scale, warranting further investigation into executive remuneration practices.
Strengths
Consistent and significant revenue growth, from $18.9M in 2014 to $30.3M in 2023, indicating strong fundraising and operational success.
Healthy financial surpluses year over year, with revenue consistently exceeding expenses (e.g., $30.3M revenue vs. $28.3M expenses in 2023).
Substantial growth in assets, from $23.4M in 2014 to $47.8M in 2023, demonstrating effective resource accumulation and financial stability.
Strong asset-to-liability ratio, with assets significantly outpacing liabilities, indicating a robust balance sheet.
Spending Breakdown
How Rescue Mission Alliance Of Syracuse N Y 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 Rescue Mission Alliance Of Syracuse N Y
Is Rescue Mission Alliance Of Syracuse N Y a legitimate charity?
Based on AI analysis of IRS 990 filings, Rescue Mission Alliance Of Syracuse N Y (EIN: 150532146) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Rescue Mission Alliance Of Syracuse N Y a good charity to donate to?
Rescue Mission Alliance Of Syracuse N Y has a Mission Score of 88/100. Revenue: $33.6M. Assets: $51.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rescue Mission Alliance Of Syracuse N Y?
The Employer Identification Number (EIN) for Rescue Mission Alliance Of Syracuse N Y is 150532146. 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 Rescue Mission Alliance Of Syracuse N Y spend its money?
Rescue Mission Alliance Of Syracuse N Y allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rescue Mission Alliance Of Syracuse N Y's tax-exempt status?
You can verify Rescue Mission Alliance Of Syracuse N Y's tax-exempt status using EIN 150532146 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
Rescue Mission Alliance Of Syracuse N Y demonstrates strong financial health and consistent growth, with revenue increasing from $18.9 million in 2014 to over $30 million in 2023. The organization consistently operates with a surplus, as seen in the 2023 filing where revenue of $30,362,896 exceeded expenses of $28,333,419. This indicates effective financial management and a sustainable operating model. Their asset base has also grown significantly, from $23.4 million in 2014 to $47.8 million in 2023, suggesting prudent accumulation of resources to support their mission.
The organization appears to prioritize program spending, though specific breakdowns are not provided in the raw data. The consistent surpluses and growth in assets suggest that a significant portion of their funds are directed towards their mission. The absence of reported officer compensation across all filings is a notable aspect of their financial structure, potentially indicating a volunteer-led executive team or compensation being reported under different categories not immediately visible, which could be a point for further inquiry regarding transparency in executive remuneration.
Overall, Rescue Mission Alliance Of Syracuse N Y exhibits a robust financial position with a clear trend of growth and responsible management of resources. The consistent positive net income and asset growth over a decade point to a well-managed and financially stable nonprofit. Further transparency on the allocation of expenses into program, administrative, and fundraising categories would enhance the understanding of their spending efficiency.