Quick charity verification for Yale Club Of New York City (EIN: 131489775)
Verdict: Yale Club Of New York City appears trustworthy
75/100Mission Score
$54.0MRevenue
$64.9MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a reporting nuance or lack of transparency in executive pay disclosure.
NTEE Code is unknown, which limits the ability to benchmark against similar organizations in the sector.
Strengths
Strong financial recovery post-pandemic, with revenue rebounding from $18.9 million in 2020 to $45.6 million in 2023.
Consistent operational surpluses in most years, indicating sound financial management (e.g., $4,062,400 surplus in 2023).
Growing asset base, increasing from $50.0 million in 2020 to $58.4 million in 2023, demonstrating financial stability.
Long history of IRS 990 filings (13 filings), indicating a commitment to regulatory compliance and transparency.
Spending Breakdown
How Yale Club Of New York City allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Yale Club Of New York City
Is Yale Club Of New York City a legitimate charity?
Based on AI analysis of IRS 990 filings, Yale Club Of New York City (EIN: 131489775) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Yale Club Of New York City a good charity to donate to?
Yale Club Of New York City has a Mission Score of 75/100. Revenue: $54.0M. Assets: $64.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Yale Club Of New York City?
The Employer Identification Number (EIN) for Yale Club Of New York City is 131489775. 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 Yale Club Of New York City spend its money?
Yale Club Of New York City allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Yale Club Of New York City's tax-exempt status?
You can verify Yale Club Of New York City's tax-exempt status using EIN 131489775 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
The Yale Club Of New York City demonstrates a generally stable financial position, with recent revenue growth rebounding significantly from the pandemic-affected years. In 2023, revenue reached $45,619,848, exceeding expenses of $41,557,448, indicating operational surplus. The organization's assets have also shown consistent growth, reaching $58,475,788 in 2023, while liabilities remain manageable relative to assets. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would warrant further investigation.
Spending efficiency, based on the provided data, appears to prioritize program services, though specific breakdowns are not detailed in the raw data. However, the consistent operational surpluses in most years indicate that the organization is generally managing its expenses within its revenue streams. The significant dip in revenue and corresponding increase in expenses during 2020 and 2021 highlights the impact of external events, but the subsequent recovery demonstrates financial resilience. The absence of detailed functional expense breakdowns (program, administrative, fundraising) in the provided data limits a precise assessment of spending efficiency ratios.
Overall, the Yale Club of New York City appears to be a financially sound organization with a positive trend in revenue and assets post-pandemic. Its consistent filing of IRS Form 990s over many years indicates a commitment to regulatory transparency. The lack of reported officer compensation is a notable point for further inquiry to fully understand executive remuneration practices.