Quick charity verification for Tri State Italian American Congress (EIN: 133528553)
Verdict: Tri State Italian American Congress appears trustworthy
85/100Mission Score
$514KRevenue
$643KAssets
2Red Flags
4Strengths
Red Flags
Extremely low reported expenses relative to revenue, potentially obscuring actual program spending or indicating significant fund accumulation without clear immediate program deployment.
Lack of detailed program expense breakdown in available data, making it difficult to assess the impact of funds on the mission.
Strengths
Consistent financial growth with increasing assets and low liabilities, indicating strong financial stability (Assets grew from $53,403 in 2020 to $798,678 in 2023).
Zero reported officer compensation across all filings, demonstrating a commitment to minimizing administrative overhead and maximizing resources for the mission.
Strong revenue generation, with latest revenue at $514,190 and consistent revenue streams over the years.
Healthy asset-to-liability ratio, indicating a very low financial risk profile (e.g., $798,678 assets vs. $9,500 liabilities in 2023).
Spending Breakdown
How Tri State Italian American Congress allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Tri State Italian American Congress
Is Tri State Italian American Congress a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri State Italian American Congress (EIN: 133528553) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Tri State Italian American Congress a good charity to donate to?
Tri State Italian American Congress has a Mission Score of 85/100. Revenue: $514K. Assets: $643K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tri State Italian American Congress?
The Employer Identification Number (EIN) for Tri State Italian American Congress is 133528553. 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 Tri State Italian American Congress spend its money?
Tri State Italian American Congress allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tri State Italian American Congress's tax-exempt status?
You can verify Tri State Italian American Congress's tax-exempt status using EIN 133528553 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
Tri State Italian American Congress demonstrates strong financial health in recent years, consistently increasing its assets and maintaining low liabilities. For example, assets grew from $53,403 in 2020 to $798,678 in 2023, while liabilities remained minimal, peaking at $34,500 in 2018 and dropping to $9,500 in 2023. The organization's spending efficiency appears exceptionally high, with expenses significantly lower than revenue in most recent periods, such as $19,608 in expenses against $330,280 in revenue in 2023. This suggests a very lean operational model or a significant portion of revenue being retained for future programs or investments.
However, the extremely low reported expenses relative to revenue, particularly in recent years (e.g., 2023 expenses were only 5.9% of revenue), raises questions about the full scope of program activities and how funds are being utilized. While this could indicate excellent efficiency, it might also suggest that a substantial portion of funds are being accumulated rather than actively spent on programs in the reporting year. The consistent reporting of 0% officer compensation enhances transparency regarding executive pay, indicating a volunteer-led or very low-cost leadership structure. Overall, the organization appears financially robust and transparent regarding executive compensation, but further detail on program spending would clarify its operational model.