Is Adirondack Foundation Legit?

Quick charity verification for Adirondack Foundation (EIN: 161535724)

Verdict: Adirondack Foundation appears trustworthy

90/100Mission Score
$27.4MRevenue
$117.8MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Adirondack Foundation demonstrates strong financial health with consistently growing assets, reaching $117,799,803 in the latest period. Revenue has fluctuated, with a notable increase to $27,365,479 in the latest available data, though the most recent filing (202406) shows $14,349,046. The organization appears to manage its expenses effectively, with expenses generally representing a reasonable proportion of revenue. For instance, in 202406, expenses were $9,303,499 against $14,349,046 in revenue, indicating a significant portion of funds are retained or directed towards future programs. The consistent reporting of 0% officer compensation across all filings suggests a high degree of transparency and a commitment to directing funds towards the mission rather than executive salaries, which is a significant strength for a community foundation.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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