Quick charity verification for Adirondack Railway Preservation Society (EIN: 223074470)
Verdict: Adirondack Railway Preservation Society appears trustworthy
75/100Mission Score
$2.8MRevenue
$2.8MAssets
2Red Flags
3Strengths
Red Flags
Significant fluctuations in revenue, from a high of $3,406,896 in 2021 to a low of $740,525 in 2020, indicate potential instability or reliance on variable funding sources.
The organization reported a deficit in 2023, with expenses ($2,644,291) exceeding revenue ($2,503,455), suggesting a need for improved financial management or increased fundraising efforts.
Strengths
Consistent asset growth over several years, from $521,347 in 2015 to $2,853,003 in 2023, demonstrates strong financial stewardship and capacity building.
The organization has maintained a positive net asset position, indicating long-term financial health and sustainability.
Despite revenue fluctuations, the organization has consistently generated substantial revenue, demonstrating its ability to attract and retain support for its mission.
AI Transparency Report
Adirondack Railway Preservation Society is a unknown nonprofit based in Utica, New York, with reported revenue of $2.8M and assets of $2.8M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation appears reasonable given the organization's size and revenue, with the highest reported compensation in 2022 at $93,892 for a key employee, which is appropriate for a nonprofit of this scale. Revenue has grown +82% across 12 filing periods.