Quick charity verification for Vaad Haarabonim Of Queens Inc (EIN: 112774666)
Verdict: Vaad Haarabonim Of Queens Inc appears trustworthy
80/100Mission Score
$2.6MRevenue
$368KAssets
2Red Flags
4Strengths
Red Flags
Lack of reported officer compensation for an organization with over $2 million in annual revenue, which could indicate unreported compensation or a highly unusual volunteer-led structure.
Absence of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting a precise assessment of spending efficiency.
Strengths
Consistent financial reporting with 13 IRS 990 filings, demonstrating transparency and compliance.
Stable financial operations with revenues and expenses generally in balance over a decade.
Low liabilities relative to assets and revenue, indicating good financial management and limited debt.
No reported officer compensation, suggesting high efficiency in leadership costs or volunteer-driven executive roles.
Spending Breakdown
How Vaad Haarabonim Of Queens 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 Vaad Haarabonim Of Queens Inc
Is Vaad Haarabonim Of Queens Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vaad Haarabonim Of Queens Inc (EIN: 112774666) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Vaad Haarabonim Of Queens Inc a good charity to donate to?
Vaad Haarabonim Of Queens Inc has a Mission Score of 80/100. Revenue: $2.6M. Assets: $368K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vaad Haarabonim Of Queens Inc?
The Employer Identification Number (EIN) for Vaad Haarabonim Of Queens Inc is 112774666. 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 Vaad Haarabonim Of Queens Inc spend its money?
Vaad Haarabonim Of Queens Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vaad Haarabonim Of Queens Inc's tax-exempt status?
You can verify Vaad Haarabonim Of Queens Inc's tax-exempt status using EIN 112774666 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
Vaad Haarabonim Of Queens Inc demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade, hovering around the $2 million to $2.8 million mark. For instance, in 2023, expenses ($2,645,559) slightly exceeded revenue ($2,489,473), a common occurrence for nonprofits managing cash flow. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership or that compensation is not reported in this section, enhancing its perceived financial efficiency and dedication to its mission. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) from the provided data, a comprehensive assessment of spending efficiency is limited.
The organization's assets have fluctuated, ranging from a low of $367,506 to a high of $620,933 in 2022, indicating a stable but not rapidly growing asset base relative to its operational scale. Liabilities have remained relatively low, typically under $70,000, suggesting good financial management and limited reliance on debt. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to regulatory compliance and transparency, providing a clear historical financial record for public scrutiny. However, the absence of specific program details in the provided data makes it challenging to fully evaluate the impact and focus of its programmatic spending.
Overall, Vaad Haarabonim Of Queens Inc appears to be a financially stable organization with consistent operations and a strong commitment to reporting. The lack of officer compensation reported is a notable positive for efficiency. To fully assess its financial health and spending efficiency, more detailed expense breakdowns would be beneficial, but the available data suggests a well-managed entity operating within its means.