Is Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny Legit?
Quick charity verification for Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny (EIN: 146014454)
Verdict: Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny appears trustworthy
75/100Mission Score
$16KRevenue
$40KAssets
2Red Flags
3Strengths
Red Flags
Lack of detailed program spending information in provided data
Revenue frequently lower than expenses, potentially drawing down on principal
Strengths
Consistent reporting of 0% officer compensation
Stable asset base over time
Very low or zero liabilities
Spending Breakdown
How Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny 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 Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny
Is Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny a legitimate charity?
Based on AI analysis of IRS 990 filings, Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny (EIN: 146014454) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny a good charity to donate to?
Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny has a Mission Score of 75/100. Revenue: $16K. Assets: $40K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny?
The Employer Identification Number (EIN) for Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny is 146014454. 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 Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny spend its money?
Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny's tax-exempt status?
You can verify Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny's tax-exempt status using EIN 146014454 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 Seth Clute Memorial Tr Uw Norstar Bank Of Upstate Ny appears to be a small, private foundation or trust, given its consistent asset base and minimal revenue and expenses over the years. Its financial health seems stable, maintaining assets around $40,000-$44,000 despite fluctuating revenues. The organization consistently reports zero officer compensation, which is a positive indicator for donor trust and efficient use of funds, especially for an entity of its size. However, without detailed expense breakdowns in the provided data, it's challenging to fully assess spending efficiency beyond the lack of executive compensation. The consistent filing of IRS Form 990-PF (implied by the data structure for a trust) indicates a basic level of transparency, but the lack of specific program details makes a deeper analysis difficult. The organization's revenue has been quite low, with the latest reported revenue at $2,524 in 2019, and expenses generally tracking closely to or exceeding revenue in several periods, suggesting it operates on a tight budget.