Is International Institute Of Buffalo Inc Legit?

Quick charity verification for International Institute Of Buffalo Inc (EIN: 160743052)

Verdict: International Institute Of Buffalo Inc appears trustworthy

95/100Mission Score

$6.9MRevenue

$4.2MAssets

1Red Flags

5Strengths

Red Flags

Unusually low or zero reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.

Strengths

Consistent and significant revenue growth, more than doubling from 2014 to 2023.
Strong financial health with consistent operating surpluses and growing assets, reaching $4,897,907 in 2023.
Efficient spending, as evidenced by expenses consistently below revenue, allowing for asset accumulation.
Excellent transparency with 0% officer compensation reported across all filings, suggesting a high dedication of funds to mission.
Well-managed liabilities, which remain a small percentage of total assets.

Spending Breakdown

How International Institute Of Buffalo Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 International Institute Of Buffalo Inc

Is International Institute Of Buffalo Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, International Institute Of Buffalo Inc (EIN: 160743052) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is International Institute Of Buffalo Inc a good charity to donate to?

International Institute Of Buffalo Inc has a Mission Score of 95/100. Revenue: $6.9M. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for International Institute Of Buffalo Inc?

The Employer Identification Number (EIN) for International Institute Of Buffalo Inc is 160743052. 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 International Institute Of Buffalo Inc spend its money?

International Institute Of Buffalo Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify International Institute Of Buffalo Inc's tax-exempt status?

You can verify International Institute Of Buffalo Inc's tax-exempt status using EIN 160743052 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 International Institute Of Buffalo Inc demonstrates strong financial health and efficient spending, particularly in recent years. The organization has shown consistent growth in revenue, increasing from $2,898,806 in 2014 to $7,176,707 in 2023, indicating growing support for its mission. Expenses have generally tracked revenue, with a healthy operating surplus in most years, contributing to a steady increase in assets from $2,023,789 to $4,897,907 over the same period. This growth in assets provides a solid financial foundation.

Spending efficiency appears high, as evidenced by the consistent positive net income (Revenue - Expenses) across all reported periods. For example, in 2023, revenue was $7,176,707 against expenses of $7,085,605, resulting in a surplus of $91,102. The organization's liabilities are also well-managed, remaining a relatively small percentage of total assets, suggesting good financial stewardship. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a strong commitment to directing funds towards programmatic activities rather than executive salaries.

Overall, the International Institute Of Buffalo Inc exhibits robust financial management, consistent growth, and a clear dedication to its mission through efficient resource allocation. The absence of reported officer compensation further enhances its transparency profile, suggesting that leadership may be volunteer-based or compensated through other means not classified as 'officer compensation' on the 990, which warrants further investigation but is positive on its face.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.