Quick charity verification for Finger Lakes Area Community Endowment (EIN: 161467675)
Verdict: Finger Lakes Area Community Endowment appears trustworthy
95/100Mission Score
$9.9MRevenue
$20.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, reaching over $20 million in 202312.
Zero liabilities reported across all filing periods, indicating strong financial stability.
0% officer compensation reported, suggesting high efficiency in directing funds to mission.
Positive net assets (Assets exceed Liabilities) in all reported periods.
Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
AI Transparency Report
The Finger Lakes Area Community Endowment demonstrates a strong financial position with consistently growing assets, reaching over $20 million in the latest filing period (202312). The organization maintains zero liabilities across all reported periods, indicating excellent financial stability and risk management. While revenue and expenses fluctuate year-to-year, the endowment has shown a general trend of increasing financial activity and asset growth over the past decade. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to directing funds towards its mission, rather than executive salaries. This suggests a volunteer-led or very lean administrative structure regarding top leadership compensation.