Is Buffalo Chamber Of Commerce Andagriculture Inc Legit?
Quick charity verification for Buffalo Chamber Of Commerce Andagriculture Inc (EIN: 208932167)
Verdict: Buffalo Chamber Of Commerce Andagriculture Inc appears trustworthy
70/100Mission Score
$7KRevenue
$8KAssets
2Red Flags
3Strengths
Red Flags
Inconsistent revenue generation with significant fluctuations year-over-year (e.g., $480 in 2021 vs. $10,989 in 2023).
Occasional deficit spending where expenses exceed revenue (e.g., 2021 expenses of $4,052 against $480 revenue).
Strengths
Consistent 0% officer compensation, indicating efficient use of funds and likely volunteer leadership.
Maintains a positive asset balance despite revenue fluctuations, suggesting some financial stability.
Demonstrates a long filing history (8 filings), indicating ongoing operations and compliance.
Spending Breakdown
How Buffalo Chamber Of Commerce Andagriculture Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Buffalo Chamber Of Commerce Andagriculture Inc
Is Buffalo Chamber Of Commerce Andagriculture Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Buffalo Chamber Of Commerce Andagriculture Inc (EIN: 208932167) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Buffalo Chamber Of Commerce Andagriculture Inc a good charity to donate to?
Buffalo Chamber Of Commerce Andagriculture Inc has a Mission Score of 70/100. Revenue: $7K. Assets: $8K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Buffalo Chamber Of Commerce Andagriculture Inc?
The Employer Identification Number (EIN) for Buffalo Chamber Of Commerce Andagriculture Inc is 208932167. 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 Buffalo Chamber Of Commerce Andagriculture Inc spend its money?
Buffalo Chamber Of Commerce Andagriculture Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Buffalo Chamber Of Commerce Andagriculture Inc's tax-exempt status?
You can verify Buffalo Chamber Of Commerce Andagriculture Inc's tax-exempt status using EIN 208932167 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 Buffalo Chamber Of Commerce Andagriculture Inc operates on a very small scale, with its latest reported revenue at $6,560 and assets of $8,337. Over the past few years, its revenue has fluctuated, showing a peak of $10,989 in 2023 and a low of $480 in 2021. The organization consistently reports 0% officer compensation, which is a positive indicator for a small, volunteer-driven entity, suggesting that resources are not being diverted to high executive salaries. However, the organization's expenses have sometimes exceeded its revenue, such as in 2021 where expenses were $4,052 against $480 in revenue, and in 2018 where expenses were $7,579 against $7,299 in revenue, indicating periods of deficit spending. The presence of liabilities, albeit small at $14 in 2023, is a new development compared to previous years with no reported liabilities.