Is Allegany Council On Alcoholism And Substance Abuse Inc Legit?

Quick charity verification for Allegany Council On Alcoholism And Substance Abuse Inc (EIN: 161023362)

Verdict: Allegany Council On Alcoholism And Substance Abuse Inc appears trustworthy

85/100Mission Score

$3.8MRevenue

$2.6MAssets

2Red Flags

3Strengths

Red Flags

Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation practices.
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting a precise assessment of spending efficiency.

Strengths

Strong financial stability with assets consistently exceeding liabilities (e.g., $2,646,213 assets vs. $633,425 liabilities in 202312).
Consistent revenue growth over the past decade, from $2,062,838 in 201412 to $3,085,164 in 202312.
Efficient utilization of funds, with expenses closely tracking revenues (e.g., $3,062,281 expenses vs. $3,085,164 revenue in 202312), indicating funds are being deployed for mission rather than accumulating excessive reserves.

Spending Breakdown

How Allegany Council On Alcoholism And Substance Abuse Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Allegany Council On Alcoholism And Substance Abuse Inc

Is Allegany Council On Alcoholism And Substance Abuse Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Allegany Council On Alcoholism And Substance Abuse Inc (EIN: 161023362) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Allegany Council On Alcoholism And Substance Abuse Inc a good charity to donate to?

Allegany Council On Alcoholism And Substance Abuse Inc has a Mission Score of 85/100. Revenue: $3.8M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Allegany Council On Alcoholism And Substance Abuse Inc?

The Employer Identification Number (EIN) for Allegany Council On Alcoholism And Substance Abuse Inc is 161023362. 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 Allegany Council On Alcoholism And Substance Abuse Inc spend its money?

Allegany Council On Alcoholism And Substance Abuse Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Allegany Council On Alcoholism And Substance Abuse Inc's tax-exempt status?

You can verify Allegany Council On Alcoholism And Substance Abuse Inc's tax-exempt status using EIN 161023362 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

Allegany Council On Alcoholism And Substance Abuse Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. In the latest period (202312), the organization reported assets of $2,646,213 against liabilities of $633,425, indicating a healthy balance sheet. Revenue has shown growth, increasing from $2,062,838 in 201412 to $3,085,164 in 202312, though there have been fluctuations. The organization has consistently spent nearly all of its revenue on expenses, with the 202312 period showing expenses of $3,062,281 against revenues of $3,085,164, suggesting efficient utilization of funds rather than significant accumulation of reserves.

Spending efficiency appears strong, as the organization's expenses closely track its revenues, indicating that funds are being deployed for its mission. The absence of reported officer compensation across all available filings is a notable aspect of its financial management, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which could contribute to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.

Transparency regarding executive compensation is high due to the consistent reporting of 0% officer compensation. However, the lack of detailed NTEE code information and a granular breakdown of functional expenses (program, admin, fundraising) in the provided data limits a full transparency assessment. While the overall financial health appears sound with consistent asset levels and revenue growth, more detailed expense categorization would enhance understanding of its operational efficiency and program focus.

View Full Transparency Report →

Disclaimer

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