Buffalo Federation Of Neighborhood Centers Inc
Buffalo Federation Of Neighborhood Centers shows consistent revenue and asset growth, with undisclosed executive compensation.
EIN: 161172623 · Buffalo, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.9M |
| Total Expenses | $9.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $5.2M |
| Transparency Score | 75/100 |
Is Buffalo Federation Of Neighborhood Centers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Buffalo Federation Of Neighborhood Centers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Buffalo Federation Of Neighborhood Centers Inc
Buffalo Federation Of Neighborhood Centers Inc (EIN: 161172623) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $10.9M and total assets of $13.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buffalo Federation Of Neighborhood Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buffalo Federation Of Neighborhood Centers Inc is a large nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.0M |
| Total Expenses | $9.5M |
| Surplus / Deficit | +$531K |
| Total Assets | $13.5M |
| Total Liabilities | $8.3M |
| Net Assets | $5.2M |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 61.5% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2023, Buffalo Federation Of Neighborhood Centers Inc reported a surplus of $531K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 61.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Buffalo Federation Of Neighborhood Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.0% | +16.9% | +9.5% |
| 2022 | -21.0% | -5.3% | +37.9% |
| 2021 | +48.9% | +16.2% | +82.5% |
| 2020 | -10.2% | -2.7% | +12.5% |
| 2019 | -6.3% | -4.9% | -11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Buffalo Federation Of Neighborhood Centers Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Buffalo Federation Of Neighborhood Centers Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $531K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.5%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is unusual for an organization of this size with over $10 million in annual revenue. This suggests that executive compensation may be categorized differently or that the organization relies on unpaid leadership, requiring further clarification for a complete financial picture.
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 Buffalo Federation Of Neighborhood Centers Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, lacking transparency on executive pay.
- Unknown NTEE code, hindering sector-specific analysis.
Strengths
The following positive indicators were identified for Buffalo Federation Of Neighborhood Centers Inc:
- Consistent revenue generation, averaging over $8 million annually.
- Strong asset growth, from $3.5 million in 2014 to $13.5 million in 2023.
- Positive net income in most recent years, indicating financial stability (e.g., $530,802 surplus in 2023).
Frequently Asked Questions about Buffalo Federation Of Neighborhood Centers Inc
Is Buffalo Federation Of Neighborhood Centers Inc a legitimate charity?
Buffalo Federation Of Neighborhood Centers Inc (EIN: 161172623) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.9M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Buffalo Federation Of Neighborhood Centers Inc spend its money?
Buffalo Federation Of Neighborhood Centers Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Buffalo Federation Of Neighborhood Centers Inc tax-deductible?
Buffalo Federation Of Neighborhood Centers Inc is registered as a tax-exempt nonprofit (EIN: 161172623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Buffalo Federation Of Neighborhood Centers Inc CEO make?
Buffalo Federation Of Neighborhood Centers Inc's highest-compensated officer earns $10 annually. The organization reported $10.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Buffalo Federation Of Neighborhood Centers Inc located?
Buffalo Federation Of Neighborhood Centers Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161172623.
How many years of IRS 990 filings does Buffalo Federation Of Neighborhood Centers Inc have?
Buffalo Federation Of Neighborhood Centers 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 $10.9M in total revenue.
How is executive compensation handled if 0% is reported for officer compensation?
The consistent reporting of 0% for officer compensation across all filings suggests that executive salaries might be included in other expense categories, or the organization operates with unpaid leadership. This requires further detail to understand the full compensation structure.
What is the organization's NTEE code and specific programmatic focus?
The NTEE code is currently unknown, which makes it difficult to precisely categorize the organization's mission and compare its financial metrics against similar nonprofits. Understanding its specific programs would provide better context for its spending.
What is the breakdown of administrative expenses given the 0% officer compensation?
With officer compensation reported as 0%, a detailed breakdown of administrative expenses would be beneficial to understand where the 15% allocated to administration is being spent and if it includes leadership salaries.
Filing History
IRS 990 filing history for Buffalo Federation Of Neighborhood Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Buffalo Federation Of Neighborhood Centers Inc's revenue has grown by 68.4%, moving from $6.0M to $10.0M. Total assets increased by 415.7% over the same period, from $2.6M to $13.5M. Total functional expenses rose by 60.7%, from $5.9M to $9.5M. In its most recent filing year (2023), Buffalo Federation Of Neighborhood Centers Inc reported a surplus of $531K, with revenue exceeding expenses. The organization holds $8.3M in liabilities against $13.5M in assets (debt-to-asset ratio: 61.5%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.0M | $9.5M | $13.5M | $8.3M | — | — |
| 2022 | $8.8M | $8.1M | $12.3M | $7.6M | — | — |
| 2021 | $11.1M | $8.6M | $9.0M | $4.9M | — | View 990 |
| 2020 | $7.5M | $7.4M | $4.9M | $3.3M | — | — |
| 2019 | $8.3M | $7.6M | $4.4M | $2.8M | — | View 990 |
| 2018 | $8.9M | $8.0M | $4.9M | $4.1M | — | View 990 |
| 2017 | $8.0M | $8.3M | $3.6M | $3.7M | — | View 990 |
| 2016 | $8.3M | $8.3M | $3.8M | $3.6M | — | View 990 |
| 2015 | $8.5M | $8.5M | $4.0M | $3.8M | — | View 990 |
| 2014 | $6.7M | $6.3M | $3.5M | $3.4M | — | View 990 |
| 2013 | $5.7M | $6.1M | $2.9M | $3.1M | — | View 990 |
| 2012 | $6.0M | $6.0M | $2.6M | $2.5M | — | View 990 |
| 2011 | $6.0M | $5.9M | $2.6M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.0M, expenses of $9.5M, and assets of $13.5M (revenue +14.0% year-over-year).
- 2022: Revenue of $8.8M, expenses of $8.1M, and assets of $12.3M (revenue -21.0% year-over-year).
- 2021: Revenue of $11.1M, expenses of $8.6M, and assets of $9.0M (revenue +48.9% year-over-year).
- 2020: Revenue of $7.5M, expenses of $7.4M, and assets of $4.9M (revenue -10.2% year-over-year).
- 2019: Revenue of $8.3M, expenses of $7.6M, and assets of $4.4M (revenue -6.3% year-over-year).
- 2018: Revenue of $8.9M, expenses of $8.0M, and assets of $4.9M (revenue +10.5% year-over-year).
- 2017: Revenue of $8.0M, expenses of $8.3M, and assets of $3.6M (revenue -3.0% year-over-year).
- 2016: Revenue of $8.3M, expenses of $8.3M, and assets of $3.8M (revenue -2.6% year-over-year).
- 2015: Revenue of $8.5M, expenses of $8.5M, and assets of $4.0M (revenue +26.8% year-over-year).
- 2014: Revenue of $6.7M, expenses of $6.3M, and assets of $3.5M (revenue +16.9% year-over-year).
- 2013: Revenue of $5.7M, expenses of $6.1M, and assets of $2.9M (revenue -4.0% year-over-year).
- 2012: Revenue of $6.0M, expenses of $6.0M, and assets of $2.6M (revenue +0.3% year-over-year).
- 2011: Revenue of $6.0M, expenses of $5.9M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Buffalo Federation Of Neighborhood Centers Inc:
Data Sources and Methodology
This transparency report for Buffalo Federation Of Neighborhood Centers 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.