Is Roswell Park Alliance Foundation Legit?

Quick charity verification for Roswell Park Alliance Foundation (EIN: 161391608)

Verdict: Roswell Park Alliance Foundation appears trustworthy

90/100Mission Score
$40.6MRevenue
$162.8MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Roswell Park Alliance Foundation demonstrates a generally strong financial position and commitment to its mission, as evidenced by its consistent growth in assets and revenue over the past decade. With assets growing from $94.8 million in 2014 to $162.8 million currently, the organization has built a substantial endowment to support its long-term goals. While the latest filing (202303) shows expenses ($29,906,082) exceeding revenue ($27,730,770), this appears to be an anomaly in a trend of positive net income, suggesting strategic spending or market fluctuations rather than systemic financial distress. The foundation's consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency and a focus on directing funds towards its programmatic activities rather than executive salaries, which is a significant positive for spending efficiency. Further analysis of spending efficiency would require a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the absence of reported officer compensation suggests that administrative overhead related to executive salaries is minimal. The foundation's substantial and growing asset base provides a strong financial cushion and indicates effective asset management. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency.

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Disclaimer

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

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