Is Western New York Grantmakers Association Inc Legit?
Quick charity verification for Western New York Grantmakers Association Inc (EIN: 161332634)
Verdict: Western New York Grantmakers Association Inc appears trustworthy
90/100Mission Score
$1.8MRevenue
$3.5MAssets
2Red Flags
4Strengths
Red Flags
NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Consistent 0% officer compensation for an organization of this size could indicate compensation is paid by a related entity, which would require further disclosure for complete transparency.
Strengths
Consistent and significant revenue growth over the past decade, from $65,442 in 2014 to $1,901,617 in 2023.
Strong asset growth, indicating increasing financial stability and capacity.
Exceptional transparency regarding executive compensation, reporting 0% officer compensation across all available filings.
Expenses generally track revenue, suggesting efficient deployment of funds for operations (e.g., 2023 revenue $1,901,617 vs. expenses $1,799,077).
Spending Breakdown
How Western New York Grantmakers Association 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 Western New York Grantmakers Association Inc
Is Western New York Grantmakers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Western New York Grantmakers Association Inc (EIN: 161332634) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Western New York Grantmakers Association Inc a good charity to donate to?
Western New York Grantmakers Association Inc has a Mission Score of 90/100. Revenue: $1.8M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Western New York Grantmakers Association Inc?
The Employer Identification Number (EIN) for Western New York Grantmakers Association Inc is 161332634. 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 Western New York Grantmakers Association Inc spend its money?
Western New York Grantmakers Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Western New York Grantmakers Association Inc's tax-exempt status?
You can verify Western New York Grantmakers Association Inc's tax-exempt status using EIN 161332634 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
Western New York Grantmakers Association Inc (WNYGA) demonstrates a strong financial trajectory, with revenue consistently increasing over the past decade, from $65,442 in 2014 to $1,901,617 in 2023. This growth indicates robust fundraising or grant acquisition capabilities. The organization has also maintained a healthy asset base, growing from $54,199 to $2,097,483 over the same period, suggesting good financial management and capacity building. Their liabilities have also increased, but generally remain manageable relative to assets.
Spending efficiency appears to be sound, with expenses generally tracking revenue growth. For instance, in 2023, expenses were $1,799,077 against revenues of $1,901,617, indicating that the majority of incoming funds are being deployed for operations. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice is highly commendable and suggests a volunteer-led or very lean executive structure.
Overall, WNYGA exhibits strong financial health and a high degree of transparency, particularly concerning executive compensation. The consistent growth in revenue and assets, coupled with efficient spending and no reported officer compensation, paints a picture of a well-managed and mission-focused organization. Further analysis of program, administrative, and fundraising expenses would provide a more granular view of spending efficiency, but the available data is very positive.