Quick charity verification for Wyckoff Kappa Corp (EIN: 156022992)
Verdict: Wyckoff Kappa Corp appears trustworthy
85/100Mission Score
$517KRevenue
$1.7MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
Consistent financial surpluses, e.g., $82,949 in 2023
Steady growth in assets, reaching $1,684,457 in 2023
No reported officer compensation across all filings
Low liabilities relative to assets, with liabilities at $184,260 against $1,684,457 in assets in 2023
Spending Breakdown
How Wyckoff Kappa Corp allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Wyckoff Kappa Corp
Is Wyckoff Kappa Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Wyckoff Kappa Corp (EIN: 156022992) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Wyckoff Kappa Corp a good charity to donate to?
Wyckoff Kappa Corp has a Mission Score of 85/100. Revenue: $517K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wyckoff Kappa Corp?
The Employer Identification Number (EIN) for Wyckoff Kappa Corp is 156022992. 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 Wyckoff Kappa Corp spend its money?
Wyckoff Kappa Corp allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wyckoff Kappa Corp's tax-exempt status?
You can verify Wyckoff Kappa Corp's tax-exempt status using EIN 156022992 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
Wyckoff Kappa Corp demonstrates consistent financial health with a steady increase in assets over the past decade, reaching $1,684,457 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $546,263 exceeded expenses of $463,314. This indicates sound financial management and an ability to build reserves. The absence of reported officer compensation across all available filings suggests a high degree of volunteerism at the leadership level, which is a positive indicator for donor confidence and efficient use of funds. However, without a detailed breakdown of expenses (program, administrative, fundraising) within the provided data, a precise assessment of spending efficiency is challenging. The consistent growth in assets and positive net income trends suggest a well-managed and financially stable organization.