Is Wraparound Services Of The Hudson Valley Inc Legit?
Quick charity verification for Wraparound Services Of The Hudson Valley Inc (EIN: 141377518)
Verdict: Wraparound Services Of The Hudson Valley Inc appears trustworthy
85/100Mission Score
$19.7MRevenue
$14.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization with nearly $20 million in revenue and may indicate incomplete compensation disclosure.
Minor operating deficit in 2023 ($16,898,356 revenue vs. $16,961,482 expenses), though not a significant concern given overall financial health.
Strengths
Strong financial stability with assets consistently exceeding liabilities (e.g., $13,651,094 assets vs. $3,001,211 liabilities in 2023).
Consistent revenue growth over the past decade, from $11.3 million in 2014 to $16.9 million in 2023.
Expenses generally managed in line with revenue, indicating sound financial management.
Healthy asset base, providing a buffer for operations and future investments.
Spending Breakdown
How Wraparound Services Of The Hudson Valley Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Wraparound Services Of The Hudson Valley Inc
Is Wraparound Services Of The Hudson Valley Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wraparound Services Of The Hudson Valley Inc (EIN: 141377518) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Wraparound Services Of The Hudson Valley Inc a good charity to donate to?
Wraparound Services Of The Hudson Valley Inc has a Mission Score of 85/100. Revenue: $19.7M. Assets: $14.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wraparound Services Of The Hudson Valley Inc?
The Employer Identification Number (EIN) for Wraparound Services Of The Hudson Valley Inc is 141377518. 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 Wraparound Services Of The Hudson Valley Inc spend its money?
Wraparound Services Of The Hudson Valley Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wraparound Services Of The Hudson Valley Inc's tax-exempt status?
You can verify Wraparound Services Of The Hudson Valley Inc's tax-exempt status using EIN 141377518 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
Wraparound Services Of The Hudson Valley Inc demonstrates consistent financial operations with revenues generally tracking expenses closely over the past decade. For instance, in 2023, expenses of $16,961,482 were slightly higher than revenues of $16,898,356, indicating a minor operating deficit for that year. However, the organization maintains a healthy asset base, with assets of $13,651,094 in 2023 significantly exceeding liabilities of $3,001,211, suggesting strong financial solvency. The consistent growth in revenue from $11,318,400 in 2014 to $16,898,356 in 2023 also points to a growing operational scale.
The organization's spending efficiency appears to be strong, particularly given the reported 0% officer compensation across all available filings. This suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is unusual for an organization of this size (latest revenue $19,662,999). This lack of reported officer compensation, while potentially indicating high efficiency in compensation structure, also raises questions regarding the completeness of compensation disclosure, which could impact transparency. Further details on program, administrative, and fundraising expenses would provide a more complete picture of spending efficiency.
Overall, Wraparound Services Of The Hudson Valley Inc appears to be a financially stable organization with a growing revenue stream and a solid asset-to-liability ratio. The absence of reported officer compensation is a notable characteristic that could be interpreted as either a strength in cost control or a potential area for enhanced transparency regarding leadership remuneration. The organization's ability to manage expenses in line with revenue growth over a long period indicates sound financial management.