Is Safe Space Nyc Inc Legit?

Quick charity verification for Safe Space Nyc Inc (EIN: 111711014)

Verdict: Safe Space Nyc Inc has notable concerns

30/100Mission Score
$0Revenue
$0Assets
4Red Flags
1Strengths

Red Flags

Strengths

Spending Breakdown

How Safe Space Nyc 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 Safe Space Nyc Inc

Is Safe Space Nyc Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Safe Space Nyc Inc (EIN: 111711014) has notable concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.

Is Safe Space Nyc Inc a good charity to donate to?

Safe Space Nyc Inc has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Safe Space Nyc Inc?

The Employer Identification Number (EIN) for Safe Space Nyc Inc is 111711014. 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 Safe Space Nyc Inc spend its money?

Safe Space Nyc Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Safe Space Nyc Inc's tax-exempt status?

You can verify Safe Space Nyc Inc's tax-exempt status using EIN 111711014 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

Safe Space Nyc Inc's financial health appears to be in a precarious state, as indicated by its latest filing showing $0 in revenue and assets. This suggests a potential cessation of operations or a significant restructuring since its last active filing in 2016. Prior to this, the organization consistently operated with revenues and expenses in the $12-13 million range, often incurring deficits, such as in 2015 ($12.6M revenue vs $12.8M expenses) and 2013 ($12.6M revenue vs $13.8M expenses). The consistent negative net assets (liabilities exceeding assets, e.g., $8.1M liabilities vs $5.4M assets in 2016) throughout its active period are a significant concern, indicating a reliance on debt or restricted funds to cover operational costs. The lack of officer compensation reported across all active filings could be a positive sign of resource allocation, or it could indicate that key leadership roles were filled by volunteers or compensated through other means not captured in this specific line item. The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits suggest that the organization was spending at or above its revenue generation capacity for several years. The sudden drop to $0 revenue and assets in the latest filing raises serious questions about its long-term sustainability and current operational status. Transparency is limited by the lack of detailed expense categories and the abrupt financial cliff shown in the latest data.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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