Is Row New York Inc Legit?

Spending Breakdown

How Row New York Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Row New York Inc

Is Row New York Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Row New York Inc (EIN: 113632924) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Row New York Inc a good charity to donate to?

Row New York Inc has a Mission Score of 85/100. Revenue: $23.2M. Assets: $24.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Row New York Inc?

The Employer Identification Number (EIN) for Row New York Inc is 113632924. 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 Row New York Inc spend its money?

Row New York Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Row New York Inc's tax-exempt status?

You can verify Row New York Inc's tax-exempt status using EIN 113632924 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

Row New York Inc demonstrates strong financial health and growth, with its assets increasing significantly from $1,754,968 in 2014 to $22,778,326 in 2023. The organization consistently reports positive net income in most recent years, notably in 2023 where revenue of $10,671,493 far exceeded expenses of $4,024,404. This indicates effective financial management and a strong ability to attract funding. The organization's liabilities remain relatively low compared to its assets, suggesting a stable financial position.

While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed organization. The consistent growth in revenue and assets over the past decade, coupled with a healthy surplus in recent years, points to a sustainable operational model. The absence of reported officer compensation across all filings is a notable aspect of its transparency, indicating that top leadership may be compensated through other means or that the organization operates with a volunteer-led executive structure, which could be a positive sign for donor confidence.

However, without detailed expense breakdowns for program services, management and general, and fundraising, it's challenging to fully assess spending efficiency. The significant increase in revenue and assets, particularly the jump in assets from $16,317,592 in 2022 to $22,778,326 in 2023, suggests substantial capital accumulation, which could be for future projects or endowments. Further scrutiny of their Form 990 would be needed to understand the allocation of these funds and ensure they align with the organization's mission.

Verdict: Row New York Inc appears trustworthy

Red Flags

Strengths