Quick charity verification for Buffalo Rodeo Association (EIN: 201104475)
Verdict: Buffalo Rodeo Association appears trustworthy
75/100Mission Score
$239KRevenue
$137KAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits: Expenses frequently exceed revenue, as seen in 2023 ($255,965 expenses vs. $249,741 revenue) and 2022 ($258,263 expenses vs. $234,346 revenue).
Declining asset base: Total assets have decreased significantly from $209,220 in 2015 to $92,212 in 2023, which could impact long-term stability.
Strengths
Zero executive compensation: No officer compensation is reported across all filings, indicating that all funds are directed towards the organization's mission and operations.
Consistent filing history: 13 filings demonstrate a commitment to transparency and compliance with IRS regulations.
Stable revenue generation: Despite deficits, the organization consistently generates revenue, with recent years showing over $230,000 in revenue (e.g., $249,741 in 2023, $234,346 in 2022).
Spending Breakdown
How Buffalo Rodeo Association allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Rodeo Association
Is Buffalo Rodeo Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Buffalo Rodeo Association (EIN: 201104475) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Buffalo Rodeo Association a good charity to donate to?
Buffalo Rodeo Association has a Mission Score of 75/100. Revenue: $239K. Assets: $137K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Buffalo Rodeo Association?
The Employer Identification Number (EIN) for Buffalo Rodeo Association is 201104475. 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 Rodeo Association spend its money?
Buffalo Rodeo Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Buffalo Rodeo Association's tax-exempt status?
You can verify Buffalo Rodeo Association's tax-exempt status using EIN 201104475 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 Rodeo Association demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past several years. For instance, in 2023, revenue was $249,741 against expenses of $255,965, indicating a slight operational deficit. This trend of expenses slightly exceeding revenue is observable in multiple recent periods, such as 2022 ($234,346 revenue vs. $258,263 expenses) and 2021 ($171,799 revenue vs. $172,329 expenses). While the organization's assets have fluctuated, they have generally decreased from a high of $209,220 in 2015 to $92,212 in 2023, suggesting a reliance on existing reserves or a need for more robust fundraising to cover operational costs.
The organization's financial health appears stable for its size, with no reported officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, the consistent operational deficits, even if small, could lead to long-term sustainability challenges if not addressed. The lack of detailed program spending breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the absence of officer compensation suggests that funds are not being diverted to high executive salaries. Transparency is generally good given the consistent filing history, but more granular expense reporting would enhance it further.
Overall, the Buffalo Rodeo Association appears to be a lean operation focused on its mission, as evidenced by the lack of executive compensation. However, the recurring slight deficits and declining asset base warrant attention to ensure long-term financial viability. Donors should be aware that while funds are not going to executive salaries, the organization is consistently spending slightly more than it brings in, which could impact its ability to grow or maintain services without increased revenue.