Buffalo Niagara Association Of Realtors Inc
Buffalo Niagara Association Of Realtors Inc maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 160367770 · Amherst, NY · NTEE: S41 · Updated: 2026-03-28
Is Buffalo Niagara Association Of Realtors Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Buffalo Niagara Association Of Realtors Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Buffalo Niagara Association Of Realtors Inc
Buffalo Niagara Association Of Realtors Inc (EIN: 160367770) is a nonprofit organization based in Amherst, NY, classified under NTEE code S41. The organization reported total revenue of $3.5M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buffalo Niagara Association Of Realtors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buffalo Niagara Association Of Realtors Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-10,914 |
| Total Assets | $4.1M |
| Total Liabilities | $3.1M |
| Net Assets | $984K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 75.9% |
| Months of Reserves | 16.1 months |
Financial Health Grade: C
In 2023, Buffalo Niagara Association Of Realtors Inc reported a deficit of $11K with expenses exceeding revenue, holds 16.1 months of operating reserves (strong position), has a debt-to-asset ratio of 75.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Buffalo Niagara Association Of Realtors Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.6% | +4.9% | -4.4% |
| 2022 | -2.8% | +4.3% | +61.1% |
| 2021 | +50.1% | +38.4% | +48.4% |
| 2020 | +1.8% | -12.1% | -7.9% |
| 2019 | +5.5% | +15.4% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Niagara Association Of Realtors 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Buffalo Niagara Association Of Realtors Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 75.9%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990 form. This indicates a potential commitment to directing funds towards organizational activities rather than high executive salaries.
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 Niagara Association Of Realtors Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown makes precise spending efficiency assessment difficult.
Strengths
The following positive indicators were identified for Buffalo Niagara Association Of Realtors Inc:
- Consistent revenue growth over the past decade, from $1.6M in 2014 to over $3M in 2023.
- Healthy asset growth, reaching over $4M in 2023.
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
- Generally stable financial operations with positive net income in most recent years.
Frequently Asked Questions about Buffalo Niagara Association Of Realtors Inc
Is Buffalo Niagara Association Of Realtors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Buffalo Niagara Association Of Realtors Inc (EIN: 160367770) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Buffalo Niagara Association Of Realtors Inc spend its money?
Buffalo Niagara Association Of Realtors Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Buffalo Niagara Association Of Realtors Inc tax-deductible?
Buffalo Niagara Association Of Realtors Inc is registered as a tax-exempt nonprofit (EIN: 160367770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Buffalo Niagara Association Of Realtors Inc a good charity?
Based on the available financial data, the organization appears to be financially stable with consistent revenue and asset growth. The absence of reported officer compensation is a positive indicator of resource allocation. However, without a detailed functional expense breakdown, it's difficult to fully assess program efficiency.
How has the organization's financial health changed over the last decade?
The organization has shown significant financial growth over the last decade. Revenue has increased from $1,642,605 in 2014 to $3,040,524 in 2023, and assets have grown from $1,643,461 to $4,081,627 in the same period, demonstrating strong financial expansion.
What is the significance of 0% officer compensation?
0% officer compensation suggests that the organization's top leadership may be unpaid volunteers, or their compensation is structured in a way that is not reported in the 'Officer Comp' field on the 990. This can be a positive sign for donors, indicating that more funds are potentially available for programs rather than executive salaries.
Filing History
IRS 990 filing history for Buffalo Niagara Association Of Realtors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Buffalo Niagara Association Of Realtors Inc's revenue has grown by 144.2%, moving from $1.2M to $3.0M. Total assets increased by 454.2% over the same period, from $737K to $4.1M. Total functional expenses rose by 118.6%, from $1.4M to $3.1M. In its most recent filing year (2023), Buffalo Niagara Association Of Realtors Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $3.1M in liabilities against $4.1M in assets (debt-to-asset ratio: 75.9%), resulting in net assets of $984K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.1M | $4.1M | $3.1M | — | — |
| 2022 | $3.1M | $2.9M | $4.3M | $3.3M | — | — |
| 2021 | $3.2M | $2.8M | $2.6M | $1.8M | — | View 990 |
| 2020 | $2.1M | $2.0M | $1.8M | $1.3M | — | — |
| 2019 | $2.1M | $2.3M | $1.9M | $1.6M | — | View 990 |
| 2018 | $2.0M | $2.0M | $1.8M | $1.4M | — | View 990 |
| 2017 | $1.9M | $1.9M | $1.8M | $1.3M | — | View 990 |
| 2016 | $1.8M | $1.8M | $1.9M | $1.5M | — | View 990 |
| 2015 | $1.7M | $1.6M | $1.7M | $1.3M | — | View 990 |
| 2014 | $1.6M | $1.6M | $1.6M | $1.3M | — | View 990 |
| 2013 | $1.5M | $1.4M | $1.4M | $1.1M | — | View 990 |
| 2012 | $1.3M | $1.3M | $971K | $754K | — | View 990 |
| 2011 | $1.2M | $1.4M | $737K | $497K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.1M, and assets of $4.1M (revenue -2.6% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.9M, and assets of $4.3M (revenue -2.8% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.8M, and assets of $2.6M (revenue +50.1% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.0M, and assets of $1.8M (revenue +1.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.3M, and assets of $1.9M (revenue +5.5% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.0M, and assets of $1.8M (revenue +6.3% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $1.8M (revenue +3.0% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $1.9M (revenue +7.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.6M, and assets of $1.7M (revenue +3.5% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $1.6M (revenue +9.4% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $1.4M (revenue +14.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $971K (revenue +5.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.4M, and assets of $737K.
Data Sources and Methodology
This transparency report for Buffalo Niagara Association Of Realtors 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.