Quick charity verification for Education Collaborative Of Wny Inc (EIN: 161555928)
Verdict: Education Collaborative Of Wny Inc appears trustworthy
92/100Mission Score
$1.8MRevenue
$436KAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may obscure actual leadership costs if compensated through other means.
Strengths
Consistent financial stability with revenues generally covering expenses.
Very low liabilities relative to assets, indicating strong financial health.
Excellent transparency with consistent IRS 990 filings.
No reported officer compensation, suggesting a high proportion of funds directly support the mission.
Spending Breakdown
How Education Collaborative Of Wny Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Education Collaborative Of Wny Inc
Is Education Collaborative Of Wny Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Education Collaborative Of Wny Inc (EIN: 161555928) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Education Collaborative Of Wny Inc a good charity to donate to?
Education Collaborative Of Wny Inc has a Mission Score of 92/100. Revenue: $1.8M. Assets: $436K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Education Collaborative Of Wny Inc?
The Employer Identification Number (EIN) for Education Collaborative Of Wny Inc is 161555928. 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 Education Collaborative Of Wny Inc spend its money?
Education Collaborative Of Wny Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Education Collaborative Of Wny Inc's tax-exempt status?
You can verify Education Collaborative Of Wny Inc's tax-exempt status using EIN 161555928 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
Education Collaborative Of Wny Inc demonstrates consistent operational activity with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, expenses slightly outpaced revenue ($1,837,115 vs. $1,780,686), indicating a minor deficit. However, the organization has maintained a healthy asset base, with assets at $456,685 in 2023, significantly exceeding its liabilities of $4,158. This suggests good financial stability and a low debt burden.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that a very high proportion of funds are likely directed towards program services and operational costs rather than executive salaries. The relatively stable revenue and expense figures over time, hovering around $1.5 million to $2 million annually, suggest a predictable operational scale.
Transparency is a notable strength, as evidenced by the consistent filing of IRS Form 990s and the clear disclosure of 0% officer compensation. This level of detail allows for a straightforward assessment of how funds are being managed and allocated. The low liabilities further contribute to a positive financial outlook, indicating responsible financial management.