Allegany Council On Alcoholism And Substance Abuse Inc
Allegany Council On Alcoholism And Substance Abuse Inc maintains stable finances with consistent revenue growth and no reported officer compensation.
EIN: 161023362 · Wellsville, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3,085,164 |
| Net Assets | $2.0M |
| Transparency Score | 85/100 |
Is Allegany Council On Alcoholism And Substance Abuse Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allegany Council On Alcoholism And Substance Abuse Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allegany Council On Alcoholism And Substance Abuse Inc
Allegany Council On Alcoholism And Substance Abuse Inc (EIN: 161023362) is a nonprofit organization based in Wellsville, NY. The organization reported total revenue of $3.8M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allegany Council On Alcoholism And Substance Abuse Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allegany Council On Alcoholism And Substance Abuse Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$23K |
| Total Assets | $2.6M |
| Total Liabilities | $633K |
| Net Assets | $2.0M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 23.9% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Allegany Council On Alcoholism And Substance Abuse Inc reported a surplus of $23K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 23.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Allegany Council On Alcoholism And Substance Abuse Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.9% | +22.0% | +13.9% |
| 2022 | +4.8% | +4.2% | -0.9% |
| 2021 | -15.6% | -1.8% | -5.9% |
| 2020 | +14.9% | -6.4% | -2.4% |
| 2019 | +18.5% | +24.2% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Allegany Council On Alcoholism And Substance Abuse Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Allegany Council On Alcoholism And Substance Abuse Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size (latest revenue $3,085,164) and suggests either a volunteer executive leadership or compensation structured in a way not reported as 'officer compensation' on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Allegany Council On Alcoholism And Substance Abuse Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation practices.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting a precise assessment of spending efficiency.
Strengths
The following positive indicators were identified for Allegany Council On Alcoholism And Substance Abuse Inc:
- Strong financial stability with assets consistently exceeding liabilities (e.g., $2,646,213 assets vs. $633,425 liabilities in 202312).
- Consistent revenue growth over the past decade, from $2,062,838 in 201412 to $3,085,164 in 202312.
- Efficient utilization of funds, with expenses closely tracking revenues (e.g., $3,062,281 expenses vs. $3,085,164 revenue in 202312), indicating funds are being deployed for mission rather than accumulating excessive reserves.
Frequently Asked Questions about Allegany Council On Alcoholism And Substance Abuse Inc
Is Allegany Council On Alcoholism And Substance Abuse Inc a legitimate charity?
Allegany Council On Alcoholism And Substance Abuse Inc (EIN: 161023362) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Allegany Council On Alcoholism And Substance Abuse Inc spend its money?
Allegany Council On Alcoholism And Substance Abuse Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Allegany Council On Alcoholism And Substance Abuse Inc tax-deductible?
Allegany Council On Alcoholism And Substance Abuse Inc is registered as a tax-exempt nonprofit (EIN: 161023362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Allegany Council On Alcoholism And Substance Abuse Inc CEO make?
Allegany Council On Alcoholism And Substance Abuse Inc's highest-compensated officer earns $3,085,164 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Allegany Council On Alcoholism And Substance Abuse Inc located?
Allegany Council On Alcoholism And Substance Abuse Inc is headquartered in Wellsville, New York and files with the IRS under EIN 161023362.
How many years of IRS 990 filings does Allegany Council On Alcoholism And Substance Abuse Inc have?
Allegany Council On Alcoholism And Substance Abuse Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.8M in total revenue.
How does Allegany Council On Alcoholism And Substance Abuse Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with revenues exceeding $3 million. This could indicate that executive leadership is entirely volunteer, compensated through a related entity, or that their compensation is categorized differently on the 990, such as under general salaries and wages rather than specific officer compensation.
What is the organization's primary NTEE code?
The NTEE code for Allegany Council On Alcoholism And Substance Abuse Inc is listed as 'Unknown' in the provided data. Knowing this code would provide clearer insight into its specific mission area within the nonprofit sector.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data only offers total expenses. A detailed breakdown of program, administrative, and fundraising expenses is necessary to fully assess spending efficiency and ensure the majority of funds are directed towards direct program services.
Has the organization experienced any significant changes in its funding sources?
While revenue has shown growth from $2,062,838 in 201412 to $3,085,164 in 202312, the provided data does not detail the sources of this revenue. Understanding funding sources (e.g., government grants, public contributions) would provide insight into financial stability and donor reliance.
Filing History
IRS 990 filing history for Allegany Council On Alcoholism And Substance Abuse Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Allegany Council On Alcoholism And Substance Abuse Inc's revenue has grown by 47.2%, moving from $2.1M to $3.1M. Total assets decreased by 18.4% over the same period, from $3.2M to $2.6M. Total functional expenses rose by 36.2%, from $2.2M to $3.1M. In its most recent filing year (2023), Allegany Council On Alcoholism And Substance Abuse Inc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $633K in liabilities against $2.6M in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.1M | $2.6M | $633K | — | — |
| 2022 | $2.4M | $2.5M | $2.3M | $333K | — | View 990 |
| 2021 | $2.3M | $2.4M | $2.3M | $276K | — | View 990 |
| 2020 | $2.7M | $2.5M | $2.5M | $336K | — | — |
| 2019 | $2.4M | $2.6M | $2.6M | $696K | — | View 990 |
| 2018 | $2.0M | $2.1M | $2.6M | $497K | — | View 990 |
| 2017 | $1.8M | $2.2M | $2.7M | $520K | — | — |
| 2016 | $2.1M | $2.2M | $2.8M | $262K | — | View 990 |
| 2015 | $2.0M | $2.1M | $2.8M | $202K | — | View 990 |
| 2014 | $2.1M | $2.1M | $2.9M | $210K | — | View 990 |
| 2013 | $2.1M | $2.3M | $3.0M | $315K | — | View 990 |
| 2012 | $2.1M | $2.2M | $3.2M | $279K | — | View 990 |
| 2011 | $2.1M | $2.2M | $3.2M | $309K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.1M, and assets of $2.6M (revenue +26.9% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.5M, and assets of $2.3M (revenue +4.8% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.4M, and assets of $2.3M (revenue -15.6% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.5M, and assets of $2.5M (revenue +14.9% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.6M, and assets of $2.6M (revenue +18.5% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.1M, and assets of $2.6M (revenue +11.5% year-over-year).
- 2017: Revenue of $1.8M, expenses of $2.2M, and assets of $2.7M (revenue -12.9% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.2M, and assets of $2.8M (revenue +4.0% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $2.8M (revenue -3.0% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.1M, and assets of $2.9M (revenue -2.5% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.3M, and assets of $3.0M (revenue -0.4% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.2M, and assets of $3.2M (revenue +1.3% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.2M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allegany Council On Alcoholism And Substance Abuse Inc:
Data Sources and Methodology
This transparency report for Allegany Council On Alcoholism And Substance Abuse Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.