Unusually low or 0% reported officer compensation for an organization of this size, which warrants further investigation into how leadership is compensated or structured.
Strengths
Consistent positive net income, with revenues generally exceeding expenses (e.g., $2,118,996 revenue vs. $2,026,368 expenses in 2023).
Steady growth in assets over recent years, indicating financial stability (e.g., assets grew from $493,577 in 2020 to $709,196 in 2023).
Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., $187,340 liabilities vs. $709,196 assets in 2023).
Excellent transparency with 13 consistent IRS 990 filings.
No reported officer compensation, which, if accurate, indicates a highly efficient use of funds for mission-related activities.
Spending Breakdown
How Greater Rochester Enterprise Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Enterprise Inc
Is Greater Rochester Enterprise Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Rochester Enterprise Inc (EIN: 100000080) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Greater Rochester Enterprise Inc a good charity to donate to?
Greater Rochester Enterprise Inc has a Mission Score of 88/100. Revenue: $2.3M. Assets: $772K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Rochester Enterprise Inc?
The Employer Identification Number (EIN) for Greater Rochester Enterprise Inc is 100000080. 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 Enterprise Inc spend its money?
Greater Rochester Enterprise Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Rochester Enterprise Inc's tax-exempt status?
You can verify Greater Rochester Enterprise Inc's tax-exempt status using EIN 100000080 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
Greater Rochester Enterprise Inc. demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets. For instance, in 2023, revenue was $2,118,996 against expenses of $2,026,368, contributing to an increase in assets to $709,196. The organization's liabilities have remained manageable relative to its assets, indicating a stable financial position. The consistent filing of IRS Form 990s over 13 periods reflects a commitment to transparency, providing a clear historical record of its financial operations.
The organization appears to be spending efficiently, as evidenced by its program spending ratio. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the raw data, the overall financial trend suggests that the majority of its resources are directed towards its mission. The absence of reported officer compensation further enhances its perceived efficiency and dedication to its cause, as it implies that leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990s, which is a positive indicator for a nonprofit.
Overall, Greater Rochester Enterprise Inc. exhibits sound financial management and a transparent approach to its operations. Its ability to maintain a positive net income in most years, coupled with a growing asset base, positions it well to continue its mission. The consistent financial reporting and the lack of reported officer compensation contribute to a favorable view of its financial stewardship and accountability.