Is Sick Kids Need Involved People Of New York Inc Legit?
Quick charity verification for Sick Kids Need Involved People Of New York Inc (EIN: 133236869)
Verdict: Sick Kids Need Involved People Of New York Inc appears trustworthy
75/100Mission Score
$8.2MRevenue
$14.3MAssets
3Red Flags
4Strengths
Red Flags
Unexplained significant increase in liabilities in the latest fiscal period (202306) to $9,048,479 from $1,240,509 in 202206.
Consistent reporting of 0% officer compensation for an organization of this size, which may obscure executive remuneration practices.
Periods of deficit spending in earlier years (e.g., 201906, 202006, 201606, 201506, 201406) where expenses exceeded revenues.
Strengths
Recent positive net income, with 202306 showing a surplus of over $600,000.
Significant growth in assets in the latest fiscal period (202306) to $15,876,222.
Consistent revenue generation over $10 million annually, indicating a stable funding base.
Long operational history with 12 filings, suggesting organizational maturity and resilience.
Spending Breakdown
How Sick Kids Need Involved People Of New York Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Sick Kids Need Involved People Of New York Inc
Is Sick Kids Need Involved People Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sick Kids Need Involved People Of New York Inc (EIN: 133236869) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Sick Kids Need Involved People Of New York Inc a good charity to donate to?
Sick Kids Need Involved People Of New York Inc has a Mission Score of 75/100. Revenue: $8.2M. Assets: $14.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sick Kids Need Involved People Of New York Inc?
The Employer Identification Number (EIN) for Sick Kids Need Involved People Of New York Inc is 133236869. 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 Sick Kids Need Involved People Of New York Inc spend its money?
Sick Kids Need Involved People Of New York Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sick Kids Need Involved People Of New York Inc's tax-exempt status?
You can verify Sick Kids Need Involved People Of New York Inc's tax-exempt status using EIN 133236869 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
Sick Kids Need Involved People Of New York Inc (SKIP of NY) demonstrates a generally stable financial position, with revenues consistently in the $10-14 million range over the past decade. The organization has shown a positive net income in recent years, with 202306 reporting revenues of $10,464,526 against expenses of $9,800,091, indicating a surplus. This trend is a positive shift from earlier periods like 201906 and 202006, where expenses exceeded revenues. The significant increase in assets from $7,423,766 in 202206 to $15,876,222 in 202306, alongside a corresponding increase in liabilities to $9,048,479, warrants further investigation to understand the nature of these changes, potentially indicating new investments or funding structures.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent operation at this scale suggests a mature organization. The absence of reported officer compensation across all filings is a notable aspect of its financial transparency, indicating either a volunteer leadership structure or compensation being reported under other expense categories. Further detailed analysis of the full 990 forms would be necessary to fully assess spending efficiency and the allocation of funds across different functions.
Overall, SKIP of NY appears to be a financially sound organization, particularly in its recent fiscal periods. The substantial asset growth in the latest period is a key development that could reflect strategic expansion or significant capital acquisition. The consistent revenue stream and recent surpluses contribute to a positive outlook on its ability to sustain its mission.