Is Staten Island Academy Legit?

Quick charity verification for Staten Island Academy (EIN: 135600423)

Verdict: Staten Island Academy appears trustworthy

88/100Mission Score
$17.7MRevenue
$29.3MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Staten Island Academy 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 Staten Island Academy

Is Staten Island Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, Staten Island Academy (EIN: 135600423) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

Is Staten Island Academy a good charity to donate to?

Staten Island Academy has a Mission Score of 88/100. Revenue: $17.7M. Assets: $29.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Staten Island Academy?

The Employer Identification Number (EIN) for Staten Island Academy is 135600423. 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 Staten Island Academy spend its money?

Staten Island Academy allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Staten Island Academy's tax-exempt status?

You can verify Staten Island Academy's tax-exempt status using EIN 135600423 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

Staten Island Academy demonstrates consistent financial health, generally operating with a surplus as evidenced by revenues exceeding expenses in most recent filings, such as $16,351,886 in revenue against $15,470,160 in expenses for the 202306 period. The organization maintains substantial assets, reported at $29,273,207 in the latest filing, indicating a strong financial foundation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent positive net income suggests efficient management of resources. The academy's financial stability is further supported by its long filing history, with 13 filings available, indicating a commitment to regulatory compliance. A notable aspect is the reported 0% officer compensation across all provided periods, which suggests that the highest-ranking individuals are either volunteers or compensated through other means not categorized as 'officer compensation' in this summary, potentially indicating a lean administrative structure or a strong volunteer leadership model. This practice, if accurately reflecting no compensation for top leadership, could be a positive indicator of resource allocation towards its mission. Overall, Staten Island Academy appears to be a financially stable organization with a history of responsible fiscal management. The consistent growth in assets over the years, from $15,128,011 in 2014 to $29,273,207 currently, alongside generally positive operating margins, points to a well-managed entity. The absence of reported officer compensation is a significant data point that, depending on the full context of their compensation structure, could be interpreted as a strong commitment to directing funds towards its educational programs.

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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