Is Stony Brook Ophthalmology University Faculty Practice Corp Legit?
Quick charity verification for Stony Brook Ophthalmology University Faculty Practice Corp (EIN: 112658697)
Verdict: Stony Brook Ophthalmology University Faculty Practice Corp appears trustworthy
85/100Mission Score
$15.1MRevenue
$1.6MAssets
1Red Flags
3Strengths
Red Flags
Consistent reporting of assets equaling liabilities across all filings, which is an unusual accounting presentation that may obscure financial nuances.
Strengths
Consistent reporting of 0% officer compensation, indicating strong resource allocation towards its mission.
Stable financial operations with consistent revenue streams over a decade.
Apparent strong program focus, given the lack of reported fundraising expenses and officer compensation.
Spending Breakdown
How Stony Brook Ophthalmology University Faculty Practice Corp 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 Stony Brook Ophthalmology University Faculty Practice Corp
Is Stony Brook Ophthalmology University Faculty Practice Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Stony Brook Ophthalmology University Faculty Practice Corp (EIN: 112658697) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Stony Brook Ophthalmology University Faculty Practice Corp a good charity to donate to?
Stony Brook Ophthalmology University Faculty Practice Corp has a Mission Score of 85/100. Revenue: $15.1M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Stony Brook Ophthalmology University Faculty Practice Corp?
The Employer Identification Number (EIN) for Stony Brook Ophthalmology University Faculty Practice Corp is 112658697. 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 Stony Brook Ophthalmology University Faculty Practice Corp spend its money?
Stony Brook Ophthalmology University Faculty Practice Corp allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Stony Brook Ophthalmology University Faculty Practice Corp's tax-exempt status?
You can verify Stony Brook Ophthalmology University Faculty Practice Corp's tax-exempt status using EIN 112658697 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
Stony Brook Ophthalmology University Faculty Practice Corp demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For instance, in 2023, expenses of $12,338,430 slightly exceeded revenues of $12,071,866, indicating a minor operating deficit. The organization's assets and liabilities have also remained closely matched across all reported periods, suggesting a balanced financial structure. Transparency is high regarding executive compensation, as zero officer compensation has been reported in all available filings, which is a notable positive for a nonprofit of this scale. The consistent reporting of assets equaling liabilities across all filings is unusual and may warrant further investigation to understand the underlying accounting practices, though it doesn't inherently indicate a problem without more context.