Is Trinity Broadcasting Of New York Inc…

Quick charity verification for Trinity Broadcasting Of New York Inc (EIN: 141631995)

Spending Breakdown

How Trinity Broadcasting Of New York Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Trinity Broadcasting Of New York Inc

Is Trinity Broadcasting Of New York Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Trinity Broadcasting Of New York Inc (EIN: 141631995) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.

Is Trinity Broadcasting Of New York Inc a good charity to donate to?

Trinity Broadcasting Of New York Inc has a Mission Score of 55/100. Revenue: $3.4M. Assets: $63.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Trinity Broadcasting Of New York Inc?

The Employer Identification Number (EIN) for Trinity Broadcasting Of New York Inc is 141631995. 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 Trinity Broadcasting Of New York Inc spend its money?

Trinity Broadcasting Of New York Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Trinity Broadcasting Of New York Inc's tax-exempt status?

You can verify Trinity Broadcasting Of New York Inc's tax-exempt status using EIN 141631995 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

Trinity Broadcasting Of New York Inc (TBNY) exhibits a concerning financial trend, with expenses consistently exceeding revenue in recent years. For example, in 2023, expenses were $6,837,282 against revenues of $3,618,282, resulting in a significant deficit. This pattern of operating at a loss has been observed since at least 2019, with the exception of 2018 and a substantial surplus in 2017 due to an exceptionally high revenue year. The organization's assets, while substantial at $65,846,675 in 2023, have been steadily declining from a peak of $76,377,329 in 2018, suggesting that the deficits are being covered by drawing down reserves or asset depreciation.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent operational deficits raise questions about long-term sustainability if current spending patterns continue relative to revenue generation. The organization reports 0% officer compensation across all provided filings, which could indicate either a volunteer-led executive team or that compensation is reported under different categories, warranting further investigation for full transparency.

Overall, while the organization maintains significant assets, its recent financial performance shows a trend of declining revenue and increasing deficits. This suggests a need for strategic review of its financial model to ensure long-term viability and mission fulfillment. The lack of officer compensation is a notable point, but the broader financial picture indicates potential challenges.

Is Trinity Broadcasting Of New York Inc Legit?

Verdict: Trinity Broadcasting Of New York Inc shows mixed signals

Red Flags

Strengths