Allegany Rehabilitation Associates Inc
Allegany Rehabilitation Associates Inc. consistently allocates 100% of reported officer compensation to programs, maintaining stable operations despite occasional expense overruns.
EIN: 161174531 · Wellsville, NY · NTEE: F220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $6.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6,078,509 |
| Net Assets | $212K |
| Transparency Score | 95/100 |
Is Allegany Rehabilitation Associates Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allegany Rehabilitation Associates Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allegany Rehabilitation Associates Inc
Allegany Rehabilitation Associates Inc (EIN: 161174531) is a nonprofit organization based in Wellsville, NY, classified under NTEE code F220. The organization reported total revenue of $6.1M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allegany Rehabilitation Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allegany Rehabilitation Associates Inc is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $6.4M |
| Surplus / Deficit | $-28,682 |
| Total Assets | $1.0M |
| Total Liabilities | $796K |
| Net Assets | $212K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 79.0% |
| Months of Reserves | 1.9 months |
Financial Health Grade: D
In 2023, Allegany Rehabilitation Associates Inc reported a deficit of $29K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 79.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Allegany Rehabilitation Associates Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.1% | +0.3% | +11.9% |
| 2022 | +13.3% | +21.0% | -39.1% |
| 2021 | -11.3% | +7.7% | -6.2% |
| 2020 | +17.0% | -7.0% | +148.5% |
| 2019 | +3.2% | +13.4% | -36.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Rehabilitation Associates Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Allegany Rehabilitation Associates Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 79.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are receiving compensation, which is highly unusual for an organization of this size (latest revenue $6,078,509) and suggests a strong volunteer leadership or that compensation is categorized differently and not reported as officer compensation.
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 Rehabilitation Associates Inc's IRS 990 filings:
- Occasional periods where expenses exceed revenue, such as in 2023 ($6,387,221 expenses vs. $6,358,539 revenue) and 2022 ($6,365,392 expenses vs. $5,725,257 revenue), which could indicate reliance on reserves or other funding sources.
- Unusually low (0%) reported officer compensation, which while positive for program spending, could also indicate that executive compensation is being reported under other expense categories, or that the organization is entirely volunteer-led at the executive level, which is rare for its size.
Strengths
The following positive indicators were identified for Allegany Rehabilitation Associates Inc:
- Consistent reporting of 0% officer compensation across all available filings, indicating a strong commitment to directing funds to programs.
- Healthy asset-to-liability ratio, with assets of $1,007,948 against liabilities of $796,134 in 2023, suggesting financial stability.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating strong transparency and compliance.
- Steady revenue growth over the past decade, from $3.6M in 2014 to over $6.3M in 2023, indicating increasing support and impact.
Frequently Asked Questions about Allegany Rehabilitation Associates Inc
Is Allegany Rehabilitation Associates Inc a legitimate charity?
Allegany Rehabilitation Associates Inc (EIN: 161174531) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.1M. 2 red flags identified. 4 strengths noted. Financial health grade: D.
How does Allegany Rehabilitation Associates Inc spend its money?
Allegany Rehabilitation Associates Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Allegany Rehabilitation Associates Inc tax-deductible?
Allegany Rehabilitation Associates Inc is registered as a tax-exempt nonprofit (EIN: 161174531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Allegany Rehabilitation Associates Inc CEO make?
Allegany Rehabilitation Associates Inc's highest-compensated officer earns $6,078,509 annually. The organization reported $6.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Allegany Rehabilitation Associates Inc's spending goes to programs?
Allegany Rehabilitation Associates Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Allegany Rehabilitation Associates Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Allegany Rehabilitation Associates Inc is above average for NTEE category F220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Allegany Rehabilitation Associates Inc located?
Allegany Rehabilitation Associates Inc is headquartered in Wellsville, New York and files with the IRS under EIN 161174531. It is classified under NTEE code F220.
How many years of IRS 990 filings does Allegany Rehabilitation Associates Inc have?
Allegany Rehabilitation Associates 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 $6.1M in total revenue.
Is Allegany Rehabilitation Associates Inc. a good charity?
Based on the available data, Allegany Rehabilitation Associates Inc. appears to be a very good charity. It consistently reports 0% officer compensation, suggesting that resources are maximized for programmatic use. While there have been periods where expenses slightly exceeded revenue (e.g., 2023 and 2022), the organization maintains a healthy asset base and a strong commitment to its mission.
How does Allegany Rehabilitation Associates Inc. manage its finances given occasional expense overruns?
Despite occasional expense overruns, such as in 2023 where expenses were $6,387,221 against revenues of $6,358,539, the organization has maintained a positive net asset position. For instance, assets were $1,007,948 in 2023 against liabilities of $796,134. This suggests careful management of reserves and assets to cover operational costs.
What is the trend in Allegany Rehabilitation Associates Inc.'s revenue?
Allegany Rehabilitation Associates Inc. has shown a generally increasing revenue trend over the past decade, growing from $3,616,231 in 2014 to $6,358,539 in 2023, indicating sustained growth and support for its services.
Filing History
IRS 990 filing history for Allegany Rehabilitation Associates Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Allegany Rehabilitation Associates Inc's revenue has grown by 43.4%, moving from $4.4M to $6.4M. Total assets decreased by 44.5% over the same period, from $1.8M to $1.0M. Total functional expenses rose by 41.1%, from $4.5M to $6.4M. In its most recent filing year (2023), Allegany Rehabilitation Associates Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $796K in liabilities against $1.0M in assets (debt-to-asset ratio: 79.0%), resulting in net assets of $212K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $6.4M | $1.0M | $796K | — | — |
| 2022 | $5.7M | $6.4M | $901K | $660K | — | View 990 |
| 2021 | $5.1M | $5.3M | $1.5M | $599K | — | View 990 |
| 2020 | $5.7M | $4.9M | $1.6M | $489K | — | View 990 |
| 2019 | $4.9M | $5.3M | $635K | $361K | — | View 990 |
| 2018 | $4.7M | $4.6M | $1.0M | $352K | — | View 990 |
| 2017 | $4.9M | $4.6M | $1.0M | $479K | — | View 990 |
| 2016 | $5.0M | $4.9M | $1.1M | $817K | — | View 990 |
| 2015 | $4.4M | $4.3M | $1.2M | $1.1M | — | View 990 |
| 2014 | $3.6M | $3.6M | $1.2M | $1.1M | — | View 990 |
| 2013 | $3.9M | $4.0M | $1.2M | $1.2M | — | View 990 |
| 2012 | $4.7M | $4.7M | $1.3M | $1.1M | — | View 990 |
| 2011 | $4.4M | $4.5M | $1.8M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $6.4M, and assets of $1.0M (revenue +11.1% year-over-year).
- 2022: Revenue of $5.7M, expenses of $6.4M, and assets of $901K (revenue +13.3% year-over-year).
- 2021: Revenue of $5.1M, expenses of $5.3M, and assets of $1.5M (revenue -11.3% year-over-year).
- 2020: Revenue of $5.7M, expenses of $4.9M, and assets of $1.6M (revenue +17.0% year-over-year).
- 2019: Revenue of $4.9M, expenses of $5.3M, and assets of $635K (revenue +3.2% year-over-year).
- 2018: Revenue of $4.7M, expenses of $4.6M, and assets of $1.0M (revenue -3.7% year-over-year).
- 2017: Revenue of $4.9M, expenses of $4.6M, and assets of $1.0M (revenue -1.6% year-over-year).
- 2016: Revenue of $5.0M, expenses of $4.9M, and assets of $1.1M (revenue +14.0% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.3M, and assets of $1.2M (revenue +20.7% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.6M, and assets of $1.2M (revenue -7.5% year-over-year).
- 2013: Revenue of $3.9M, expenses of $4.0M, and assets of $1.2M (revenue -16.8% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.7M, and assets of $1.3M (revenue +5.9% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.5M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allegany Rehabilitation Associates Inc:
Data Sources and Methodology
This transparency report for Allegany Rehabilitation Associates 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.