Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported differently or through related entities not immediately visible in this summary.
Strengths
Consistent financial stability with revenues closely matching expenses (e.g., 2023: $2,817,048 revenue vs. $2,817,046 expenses).
Steady growth in assets over the past decade, from $2,118,009 in 2014 to $3,242,470 in 2023.
Long history of consistent IRS 990 filings (13 filings), indicating good compliance and transparency.
Spending Breakdown
How Buffalo Niagara Partnership 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 Niagara Partnership Inc
Is Buffalo Niagara Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Buffalo Niagara Partnership Inc (EIN: 160365700) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Buffalo Niagara Partnership Inc a good charity to donate to?
Buffalo Niagara Partnership Inc has a Mission Score of 85/100. Revenue: $3.0M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Buffalo Niagara Partnership Inc?
The Employer Identification Number (EIN) for Buffalo Niagara Partnership Inc is 160365700. 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 Niagara Partnership Inc spend its money?
Buffalo Niagara Partnership Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Buffalo Niagara Partnership Inc's tax-exempt status?
You can verify Buffalo Niagara Partnership Inc's tax-exempt status using EIN 160365700 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 Niagara Partnership Inc demonstrates consistent financial activity, with revenues and expenses closely matched over the past decade. For instance, in 2023, revenue was $2,817,048 against expenses of $2,817,046, indicating a break-even operational model. The organization's assets have shown a steady increase, from $2,118,009 in 2014 to $3,242,470 in 2023, suggesting sound financial management and growth in reserves. Liabilities have also increased, but at a slower rate than assets, maintaining a healthy asset-to-liability ratio.
Spending efficiency appears to be a core focus, as evidenced by the near-equal revenue and expense figures year after year. This suggests that the organization is effectively utilizing its incoming funds for its operations without accumulating significant surpluses or deficits. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and commitment to directing funds towards its mission rather than executive pay.
Overall, the Buffalo Niagara Partnership Inc exhibits a stable financial profile with a clear pattern of balancing its budget. The growth in assets and the consistent reporting of financial data over 13 filings contribute to a positive assessment of its financial health and transparency. The absence of reported officer compensation further enhances its image as an organization focused on its programmatic goals.