Significant and consistent asset growth, from $466,544 in 2013 to $2,206,044 in 2023, demonstrating financial health.
Low liabilities relative to assets ($6,787 liabilities vs. $2,206,044 assets in 202312), indicating a strong balance sheet.
Stable revenue generation over a decade, with the latest revenue at $780,586.
Spending Breakdown
How Specialty Advertising Association Of Greater New York Inc 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 Specialty Advertising Association Of Greater New York Inc
Is Specialty Advertising Association Of Greater New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Specialty Advertising Association Of Greater New York Inc (EIN: 112336889) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Specialty Advertising Association Of Greater New York Inc a good charity to donate to?
Specialty Advertising Association Of Greater New York Inc has a Mission Score of 85/100. Revenue: $781K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Specialty Advertising Association Of Greater New York Inc?
The Employer Identification Number (EIN) for Specialty Advertising Association Of Greater New York Inc is 112336889. 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 Specialty Advertising Association Of Greater New York Inc spend its money?
Specialty Advertising Association Of Greater New York Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Specialty Advertising Association Of Greater New York Inc's tax-exempt status?
You can verify Specialty Advertising Association Of Greater New York Inc's tax-exempt status using EIN 112336889 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
Specialty Advertising Association Of Greater New York Inc (SAAGNY) demonstrates a stable financial position with consistent revenue generation and healthy asset growth over the past decade. In the latest filing (202312), the organization reported revenue of $780,586 against expenses of $777,790, indicating a near break-even operation for the year. This trend of expenses closely matching revenue is also observed in 202212 ($614,712 revenue vs. $613,523 expenses). SAAGNY has significantly grown its assets from $466,544 in 2013 to $2,206,044 in 2023, suggesting effective financial management and accumulation of reserves. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While specific program spending details are not provided in the summary data, the overall financial health appears robust, with low liabilities relative to assets.