Is Old Fort Niagara Association Incorporated Legit?

Quick charity verification for Old Fort Niagara Association Incorporated (EIN: 160768721)

Verdict: Old Fort Niagara Association Incorporated appears trustworthy

90/100Mission Score

$2.5MRevenue

$6.5MAssets

1Red Flags

5Strengths

Red Flags

NTEE Code Unknown: Lack of a specified NTEE code can make it harder to benchmark against similar organizations.

Strengths

Consistent Asset Growth: Assets have grown from $3,772,719 in 2014 to $6,441,680 in 2023, indicating strong financial stewardship.
Zero Officer Compensation: No officer compensation reported across all filings, demonstrating a strong commitment to mission-focused spending.
Healthy Liabilities-to-Assets Ratio: Liabilities remain low relative to assets, indicating financial stability.
Long Filing History: 13 years of available IRS 990 data provides excellent transparency and allows for thorough financial trend analysis.
Generally Positive Net Income: In most years, revenue has exceeded expenses, allowing for reinvestment and asset growth.

Spending Breakdown

How Old Fort Niagara Association Incorporated allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Old Fort Niagara Association Incorporated

Is Old Fort Niagara Association Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Old Fort Niagara Association Incorporated (EIN: 160768721) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Old Fort Niagara Association Incorporated a good charity to donate to?

Old Fort Niagara Association Incorporated has a Mission Score of 90/100. Revenue: $2.5M. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Old Fort Niagara Association Incorporated?

The Employer Identification Number (EIN) for Old Fort Niagara Association Incorporated is 160768721. 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 Old Fort Niagara Association Incorporated spend its money?

Old Fort Niagara Association Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Old Fort Niagara Association Incorporated's tax-exempt status?

You can verify Old Fort Niagara Association Incorporated's tax-exempt status using EIN 160768721 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 Old Fort Niagara Association Incorporated demonstrates generally stable financial health, with assets consistently growing over the past decade, reaching $6,441,680 in 2023. Revenue has fluctuated, with a notable dip in 2020 to $1,230,241, but has since recovered to $1,842,907 in 2023. The organization has consistently managed to keep expenses below revenue in most years, indicating sound financial management, though there were instances like 2022 where expenses ($1,594,718) slightly exceeded revenue ($1,505,557). The absence of reported officer compensation across all filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust. The organization's liabilities remain relatively low compared to its assets, indicating a healthy balance sheet.

Spending efficiency appears strong, particularly given the zero reported officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall trend of managing expenses within revenue limits (with minor exceptions) suggests efficient use of resources. The consistent growth in assets over time, from $3,772,719 in 2014 to $6,441,680 in 2023, further supports the notion of effective financial stewardship and the ability to build reserves.

Transparency is a significant strength for Old Fort Niagara Association Incorporated, primarily due to the consistent reporting of zero officer compensation. This practice signals that the organization prioritizes its mission and avoids potential conflicts of interest or excessive executive pay often scrutinized in the nonprofit sector. The availability of 13 years of filing history also contributes to transparency, allowing for a comprehensive review of its financial trajectory.

View Full Transparency Report →

Disclaimer

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