Buffalo Naval Park Committee Inc
Buffalo Naval Park Committee Inc. shows fluctuating financial performance with recent deficit spending but no reported officer compensation.
EIN: 161133535 · Buffalo, NY · NTEE: A55I · Updated: 2026-03-28
Is Buffalo Naval Park Committee Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Buffalo Naval Park Committee Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Buffalo Naval Park Committee Inc
Buffalo Naval Park Committee Inc (EIN: 161133535) is a nonprofit organization based in Buffalo, NY, classified under NTEE code A55I. The organization reported total revenue of $2.4M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buffalo Naval Park Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buffalo Naval Park Committee Inc is a mid-size nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $3.4M |
| Surplus / Deficit | $-803,750 |
| Total Assets | $2.7M |
| Total Liabilities | $752K |
| Net Assets | $1.9M |
| Operating Margin | -30.8% |
| Debt-to-Asset Ratio | 28.0% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2023, Buffalo Naval Park Committee Inc reported a deficit of $804K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 28.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Buffalo Naval Park Committee Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.6% | +239.1% | -17.8% |
| 2022 | +53.1% | +42.7% | +49.6% |
| 2021 | +7.8% | -42.7% | +63.1% |
| 2020 | +14.3% | -2.7% | +12.8% |
| 2019 | -30.6% | +14.4% | -21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Naval Park Committee 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: 80%
- fundraising: 10%
According to IRS 990 filings, Buffalo Naval Park Committee Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $804K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to program services.
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 Naval Park Committee Inc's IRS 990 filings:
- Significant deficit spending in 2023 ($3,412,570 expenses vs. $2,608,820 revenue)
- Fluctuating revenue and expense patterns, making financial forecasting challenging.
Strengths
The following positive indicators were identified for Buffalo Naval Park Committee Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Overall growth in assets over the past decade, from $797,822 in 2014 to $2,689,480 in 2023.
- Strong surplus in 2022 ($2,093,282 revenue vs. $1,006,375 expenses) demonstrates capacity for efficient operation.
Frequently Asked Questions about Buffalo Naval Park Committee Inc
Is Buffalo Naval Park Committee Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Buffalo Naval Park Committee Inc (EIN: 161133535) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Buffalo Naval Park Committee Inc spend its money?
Buffalo Naval Park Committee Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Buffalo Naval Park Committee Inc tax-deductible?
Buffalo Naval Park Committee Inc is registered as a tax-exempt nonprofit (EIN: 161133535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Buffalo Naval Park Committee Inc. financially stable?
While the organization has experienced periods of significant surplus, such as in 2022 with revenue more than double expenses, it also reported a substantial deficit in 2023 ($3,412,570 expenses vs. $2,608,820 revenue). This suggests fluctuating financial stability, requiring closer examination of the nature of the 2023 expenses.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a strong commitment to minimizing administrative overhead related to executive salaries and maximizing funds for its mission.
What is the trend in the organization's assets?
Assets have generally increased over the decade, from $797,822 in 2014 to $2,689,480 in 2023, demonstrating long-term growth in financial resources, despite a dip from $3,272,013 in 2022.
Filing History
IRS 990 filing history for Buffalo Naval Park Committee Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Buffalo Naval Park Committee Inc's revenue has grown by 299.7%, moving from $653K to $2.6M. Total assets increased by 444.7% over the same period, from $494K to $2.7M. Total functional expenses rose by 407.7%, from $672K to $3.4M. In its most recent filing year (2023), Buffalo Naval Park Committee Inc reported a deficit of $804K, with expenses exceeding revenue. The organization holds $752K in liabilities against $2.7M in assets (debt-to-asset ratio: 28.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $3.4M | $2.7M | $752K | — | View 990 |
| 2022 | $2.1M | $1.0M | $3.3M | $531K | — | View 990 |
| 2021 | $1.4M | $705K | $2.2M | $533K | — | View 990 |
| 2020 | $1.3M | $1.2M | $1.3M | $349K | — | View 990 |
| 2019 | $1.1M | $1.3M | $1.2M | $233K | — | View 990 |
| 2018 | $1.6M | $1.1M | $1.5M | $398K | — | View 990 |
| 2017 | $1.1M | $983K | $812K | $196K | — | View 990 |
| 2016 | $951K | $879K | $731K | $201K | — | View 990 |
| 2015 | $913K | $841K | $799K | $340K | — | View 990 |
| 2014 | $929K | $791K | $798K | $411K | — | View 990 |
| 2013 | $776K | $745K | $602K | $353K | — | View 990 |
| 2012 | $653K | $672K | $494K | $276K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $3.4M, and assets of $2.7M (revenue +24.6% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.0M, and assets of $3.3M (revenue +53.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $705K, and assets of $2.2M (revenue +7.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $1.3M (revenue +14.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.3M, and assets of $1.2M (revenue -30.6% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.1M, and assets of $1.5M (revenue +49.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $983K, and assets of $812K (revenue +12.4% year-over-year).
- 2016: Revenue of $951K, expenses of $879K, and assets of $731K (revenue +4.2% year-over-year).
- 2015: Revenue of $913K, expenses of $841K, and assets of $799K (revenue -1.7% year-over-year).
- 2014: Revenue of $929K, expenses of $791K, and assets of $798K (revenue +19.7% year-over-year).
- 2013: Revenue of $776K, expenses of $745K, and assets of $602K (revenue +18.9% year-over-year).
- 2012: Revenue of $653K, expenses of $672K, and assets of $494K.
Data Sources and Methodology
This transparency report for Buffalo Naval Park Committee 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.