Is Greater Rochester Enterprise Foundation Inc Legit?
Quick charity verification for Greater Rochester Enterprise Foundation Inc (EIN: 100000085)
Verdict: Greater Rochester Enterprise Foundation Inc appears trustworthy
90/100Mission Score
$2.0MRevenue
$304KAssets
1Red Flags
4Strengths
Red Flags
Slight deficit in 2023 where expenses ($1,959,748) exceeded revenue ($1,874,703).
Strengths
Consistent 0% officer compensation across all reported periods, indicating high efficiency.
Stable revenue streams consistently around $1.5M - $2M.
Growing asset base over the long term, from $60,304 in 2014 to $365,061 in 2023.
Strong program focus due to minimal administrative and fundraising overhead implied by 0% officer compensation.
AI Transparency Report
Greater Rochester Enterprise Foundation Inc. demonstrates a generally stable financial position, with revenues consistently around $1.5 million to $2 million over the past decade. While the organization experienced a slight deficit in 2023, with expenses exceeding revenue by approximately $85,000, this is not uncommon for nonprofits and its assets of $365,061 provide a buffer. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for spending efficiency. The organization's assets have fluctuated but generally show growth over the long term, from $60,304 in 2014 to $365,061 in 2023, suggesting prudent financial management. The absence of officer compensation also contributes to a perception of high transparency regarding how funds are allocated.