Is Greater Rochester Association Of Realtors Inc Legit?
Quick charity verification for Greater Rochester Association Of Realtors Inc (EIN: 160601887)
Verdict: Greater Rochester Association Of Realtors Inc appears trustworthy
75/100Mission Score
$2.2MRevenue
$2.7MAssets
2Red Flags
4Strengths
Red Flags
Lack of reported officer compensation could obscure true leadership costs.
Consistent minor operating deficits in recent years (e.g., $41,878 in 2023, $65,109 in 2022) suggest expenses are slightly outpacing revenue growth.
Strengths
Consistent revenue generation over a decade, indicating stable operations.
Healthy asset base ($2,686,169 latest) providing financial stability.
Manageable liabilities relative to assets, demonstrating good solvency.
Long filing history (13 filings) indicates consistent compliance and transparency in reporting.
Spending Breakdown
How Greater Rochester Association Of Realtors 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 Greater Rochester Association Of Realtors Inc
Is Greater Rochester Association Of Realtors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Rochester Association Of Realtors Inc (EIN: 160601887) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Greater Rochester Association Of Realtors Inc a good charity to donate to?
Greater Rochester Association Of Realtors Inc has a Mission Score of 75/100. Revenue: $2.2M. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Rochester Association Of Realtors Inc?
The Employer Identification Number (EIN) for Greater Rochester Association Of Realtors Inc is 160601887. 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 Greater Rochester Association Of Realtors Inc spend its money?
Greater Rochester Association Of Realtors Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Rochester Association Of Realtors Inc's tax-exempt status?
You can verify Greater Rochester Association Of Realtors Inc's tax-exempt status using EIN 160601887 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 Greater Rochester Association Of Realtors Inc (GRAR) demonstrates consistent financial operations, with revenues closely tracking expenses over the past decade. For instance, in 2023, expenses of $1,931,042 slightly exceeded revenues of $1,889,164, a common pattern for membership-based organizations aiming to provide services to their members. The organization maintains a healthy asset base, with $2,585,289 in assets against $1,110,650 in liabilities in 2023, indicating good financial stability. While specific program spending ratios are not detailed in the provided summary, the consistent revenue and expense figures suggest a stable operational model.
GRAR's financial health appears sound, with a stable asset base and manageable liabilities. The organization has consistently operated near break-even or with minor deficits/surpluses, which is typical for a professional association. The absence of reported officer compensation across all filings suggests either a volunteer-led executive structure or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. Further details on functional expenses would be needed to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising.
Overall, GRAR exhibits financial stability and consistent operations. The lack of reported officer compensation is a notable point for transparency, and a deeper dive into functional expenses would provide a clearer picture of spending efficiency. However, the consistent asset levels and controlled liabilities indicate a well-managed organization.