Is Chautauqua Foundation Inc Legit?

Quick charity verification for Chautauqua Foundation Inc (EIN: 166028421)

Verdict: Chautauqua Foundation Inc appears trustworthy

85/100Mission Score
$26.0MRevenue
$152.8MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Chautauqua Foundation Inc. demonstrates a strong financial position with consistently growing assets, reaching $136,968,818 in 2023. The organization's revenue has fluctuated, with a notable high of $16,411,291 in 2023, indicating robust fundraising capabilities. Their spending efficiency appears sound, as expenses generally remain well below revenue, allowing for asset growth. For instance, in 2023, expenses were $6,811,218 against $16,411,291 in revenue. The foundation's transparency is commendable regarding executive compensation, reporting 0% officer compensation across all available filings. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which warrants further investigation for a complete picture. The consistent filing of IRS 990 forms over many years also indicates a commitment to regulatory compliance and public disclosure. Overall, the Chautauqua Foundation Inc. appears to be a financially healthy organization with a strong asset base and effective revenue generation. The absence of reported officer compensation is a significant point for transparency, though understanding the full compensation structure for key personnel would provide even greater clarity.

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Disclaimer

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

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