Quick charity verification for Roslyn Downtown Association (EIN: 204041024)
Verdict: Roslyn Downtown Association appears trustworthy
85/100Mission Score
$409KRevenue
$1.0MAssets
2Red Flags
4Strengths
Red Flags
Unexplained expense spike in 2020 ($3,223,623 against $73,335 revenue)
Significant fluctuation in annual revenue and expenses, indicating potential reliance on inconsistent funding sources.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong program spending ratio due to minimal administrative overhead.
Healthy asset base, reaching over $1 million in recent years, demonstrating financial stability.
Low liabilities across most filing periods, indicating good financial management.
Spending Breakdown
How Roslyn Downtown Association 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 Roslyn Downtown Association
Is Roslyn Downtown Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Roslyn Downtown Association (EIN: 204041024) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Roslyn Downtown Association a good charity to donate to?
Roslyn Downtown Association has a Mission Score of 85/100. Revenue: $409K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Roslyn Downtown Association?
The Employer Identification Number (EIN) for Roslyn Downtown Association is 204041024. 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 Roslyn Downtown Association spend its money?
Roslyn Downtown Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Roslyn Downtown Association's tax-exempt status?
You can verify Roslyn Downtown Association's tax-exempt status using EIN 204041024 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 Roslyn Downtown Association demonstrates a generally healthy financial position with fluctuating but often strong revenue streams. In the most recent filing (202312), the organization reported revenue of $437,387 against expenses of $368,257, indicating a surplus. Their assets have shown significant growth over the years, reaching $884,224 in 2023, though this is a decrease from a peak of $3.8 million in 2019. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for mission-related activities. However, the dramatic expense spike in 2020 to $3,223,623 against revenue of only $73,335 warrants further investigation to understand the nature of these expenditures and their funding source, as it represents a significant anomaly in their financial history. Overall, the organization appears to be financially stable, with a commitment to minimizing administrative overhead.