Quick charity verification for Seventy Five State Street (EIN: 10211791)
Verdict: Seventy Five State Street appears trustworthy
85/100Mission Score
$14.4MRevenue
$26.6MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and could indicate a lack of transparency in executive remuneration reporting.
Strengths
Strong and consistent revenue growth, increasing from $5.38 million in 2014 to $9.23 million in 2023.
Healthy asset accumulation, with assets growing from $11.93 million in 2014 to $26.61 million currently.
Consistent operational surpluses in most years (e.g., $9.23M revenue vs. $8.69M expenses in 2023), indicating sound financial management.
Positive trend in net assets (Assets minus Liabilities) over time, suggesting increasing financial stability.
Spending Breakdown
How Seventy Five State Street 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 Seventy Five State Street
Is Seventy Five State Street a legitimate charity?
Based on AI analysis of IRS 990 filings, Seventy Five State Street (EIN: 10211791) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Seventy Five State Street a good charity to donate to?
Seventy Five State Street has a Mission Score of 85/100. Revenue: $14.4M. Assets: $26.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seventy Five State Street?
The Employer Identification Number (EIN) for Seventy Five State Street is 10211791. 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 Seventy Five State Street spend its money?
Seventy Five State Street allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seventy Five State Street's tax-exempt status?
You can verify Seventy Five State Street's tax-exempt status using EIN 10211791 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
Seventy Five State Street demonstrates a consistent pattern of financial growth and stability over the past decade. Revenue has steadily increased from $5.38 million in 2014 to $9.23 million in 2023, with a notable jump to $14.44 million in the latest reported period. The organization has generally managed its expenses well, often operating with a surplus, as seen in 2023 where revenue of $9.23 million exceeded expenses of $8.69 million. This indicates sound financial management and an ability to build reserves.
The organization's asset base has also grown significantly, from $11.93 million in 2014 to $26.61 million currently, suggesting a healthy accumulation of resources. Liabilities have also increased, but at a slower pace than assets, indicating a strengthening balance sheet. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could warrant further investigation for full transparency.
Overall, Seventy Five State Street appears to be in strong financial health, with a growing revenue stream and increasing assets. Its spending efficiency seems reasonable given the consistent surpluses. However, the lack of reported officer compensation could be a point for further inquiry regarding executive remuneration transparency.