Buffalo Olmsted Parks Conservancy Inc
Buffalo Olmsted Parks Conservancy: Strong Mission, Financial Fluctuations
EIN: 222720927 · Buffalo, NY · NTEE: A82Z · Updated: 2026-04-04
Is Buffalo Olmsted Parks Conservancy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Buffalo Olmsted Parks Conservancy Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Buffalo Olmsted Parks Conservancy Inc
Buffalo Olmsted Parks Conservancy Inc (EIN: 222720927) is a nonprofit organization based in Buffalo, NY, classified under NTEE code A82Z. The organization reported total revenue of $6.7M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buffalo Olmsted Parks Conservancy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Buffalo Olmsted Parks Conservancy 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 Olmsted Parks Conservancy 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.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the provided data.
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 Olmsted Parks Conservancy Inc's IRS 990 filings:
- Revenue in 2023 decreased to $4,519,592 from $6,415,508 in 2022, a significant drop.
- Expenses exceeded revenue in 2022 ($6,821,443 expenses vs. $6,415,508 revenue), indicating a deficit for that year.
Strengths
The following positive indicators were identified for Buffalo Olmsted Parks Conservancy Inc:
- Consistently maintains a positive net asset position.
- Demonstrates a long history of operation and financial reporting.
- Strong asset base, with assets of $3,545,619 in 2023.
Frequently Asked Questions about Buffalo Olmsted Parks Conservancy Inc
Is Buffalo Olmsted Parks Conservancy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Buffalo Olmsted Parks Conservancy Inc (EIN: 222720927) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Buffalo Olmsted Parks Conservancy Inc spend its money?
Buffalo Olmsted Parks Conservancy Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Buffalo Olmsted Parks Conservancy Inc tax-deductible?
Buffalo Olmsted Parks Conservancy Inc is registered as a tax-exempt nonprofit (EIN: 222720927). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Buffalo Olmsted Parks Conservancy Inc do?
Buffalo Olmsted Parks Conservancy Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Buffalo, New York. It is classified under NTEE code A82Z.
How much revenue does Buffalo Olmsted Parks Conservancy Inc have?
Buffalo Olmsted Parks Conservancy Inc reported total revenue of $6,718,290. Based on 13 IRS 990 filings on record.
What are Buffalo Olmsted Parks Conservancy Inc's total assets?
Buffalo Olmsted Parks Conservancy Inc holds total assets of $3,171,203 as reported in IRS 990 filings.
Where is Buffalo Olmsted Parks Conservancy Inc located?
Buffalo Olmsted Parks Conservancy Inc is based in Buffalo, New York.
What is Buffalo Olmsted Parks Conservancy Inc's EIN?
Buffalo Olmsted Parks Conservancy Inc's Employer Identification Number (EIN) is 222720927. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Buffalo Olmsted Parks Conservancy Inc?
Buffalo Olmsted Parks Conservancy Inc is classified under NTEE code A82Z (Arts, Culture & Humanities).
Is Buffalo Olmsted Parks Conservancy Inc a registered 501(c)(3)?
Yes, Buffalo Olmsted Parks Conservancy Inc is recognized as a tax-exempt organization by the IRS. EIN: 222720927.
Does Buffalo Olmsted Parks Conservancy Inc file IRS Form 990?
Yes, Buffalo Olmsted Parks Conservancy Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Buffalo Olmsted Parks Conservancy Inc's revenue in 2023?
In the 202312 filing period, Buffalo Olmsted Parks Conservancy Inc reported total revenue of $4,519,592, total expenses of $5,975,193, and net assets of $3,545,619.
Is Buffalo Olmsted Parks Conservancy Inc's revenue growing or declining?
Buffalo Olmsted Parks Conservancy Inc's revenue is declining. Revenue went from $6,415,508 (202212) to $4,519,592 (202312), a -29.6% change. Based on 13 filings on record.
What is Buffalo Olmsted Parks Conservancy Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Buffalo Olmsted Parks Conservancy Inc covers tax period 202312. It shows revenue of $4,519,592, expenses of $5,975,193, total assets of $3,545,619, and liabilities of $845,771.
How much does Buffalo Olmsted Parks Conservancy Inc spend on programs vs administration?
Based on IRS 990 analysis, Buffalo Olmsted Parks Conservancy Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Buffalo Olmsted Parks Conservancy Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Buffalo Olmsted Parks Conservancy Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Buffalo Olmsted Parks Conservancy Inc?
The following concerns were identified: Revenue in 2023 decreased to $4,519,592 from $6,415,508 in 2022, a significant drop.. Expenses exceeded revenue in 2022 ($6,821,443 expenses vs. $6,415,508 revenue), indicating a deficit for that year.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Buffalo Olmsted Parks Conservancy Inc's strengths?
Positive indicators for Buffalo Olmsted Parks Conservancy Inc include: Consistently maintains a positive net asset position.. Demonstrates a long history of operation and financial reporting.. Strong asset base, with assets of $3,545,619 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Buffalo Olmsted Parks Conservancy Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial revenue decline from 2022 to 2023, and what strategies are in place to address this trend?
The provided data does not specify the reasons for the revenue decline from $6,415,508 in 2022 to $4,519,592 in 2023. Further investigation into their annual reports or public statements would be needed to understand the contributing factors and future strategies.
How does the organization plan to manage the recurring instances where expenses exceed revenue, as seen in 2022?
In 2022, expenses ($6,821,443) surpassed revenue ($6,415,508). While 2023 shows a positive margin, understanding the organization's strategy to prevent future deficits and ensure long-term financial stability is crucial.
Filing History
IRS 990 filing history for Buffalo Olmsted Parks Conservancy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Buffalo Olmsted Parks Conservancy Inc's revenue has grown by 32.2%, moving from $3.4M to $4.5M. Total assets increased by 262.3% over the same period, from $979K to $3.5M. Total functional expenses rose by 65.9%, from $3.6M to $6.0M. In its most recent filing year (2023), Buffalo Olmsted Parks Conservancy Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $846K in liabilities against $3.5M in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $6.0M | $3.5M | $846K | — | — |
| 2022 | $6.4M | $6.8M | $5.9M | $2.0M | — | View 990 |
| 2021 | $5.7M | $5.3M | $5.3M | $727K | — | View 990 |
| 2020 | $4.8M | $4.1M | $4.3M | $288K | — | — |
| 2019 | $5.8M | $4.4M | $3.9M | $612K | — | View 990 |
| 2018 | $5.7M | $4.7M | $2.5M | $689K | — | View 990 |
| 2017 | $3.8M | $3.7M | $1.8M | $946K | — | View 990 |
| 2016 | $4.1M | $3.9M | $1.7M | $919K | — | View 990 |
| 2015 | $3.6M | $3.5M | $1.3M | $784K | — | View 990 |
| 2014 | $4.1M | $4.0M | $1.4M | $965K | — | View 990 |
| 2013 | $4.1M | $4.0M | $1.6M | $1.2M | — | View 990 |
| 2012 | $3.5M | $3.5M | $1.3M | $995K | — | View 990 |
| 2011 | $3.4M | $3.6M | $979K | $727K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $6.0M, and assets of $3.5M (revenue -29.6% year-over-year).
- 2022: Revenue of $6.4M, expenses of $6.8M, and assets of $5.9M (revenue +12.3% year-over-year).
- 2021: Revenue of $5.7M, expenses of $5.3M, and assets of $5.3M (revenue +19.4% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.1M, and assets of $4.3M (revenue -17.1% year-over-year).
- 2019: Revenue of $5.8M, expenses of $4.4M, and assets of $3.9M (revenue +2.2% year-over-year).
- 2018: Revenue of $5.7M, expenses of $4.7M, and assets of $2.5M (revenue +47.2% year-over-year).
- 2017: Revenue of $3.8M, expenses of $3.7M, and assets of $1.8M (revenue -6.3% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.9M, and assets of $1.7M (revenue +13.7% year-over-year).
- 2015: Revenue of $3.6M, expenses of $3.5M, and assets of $1.3M (revenue -11.8% year-over-year).
- 2014: Revenue of $4.1M, expenses of $4.0M, and assets of $1.4M (revenue +0.5% year-over-year).
- 2013: Revenue of $4.1M, expenses of $4.0M, and assets of $1.6M (revenue +16.0% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.5M, and assets of $1.3M (revenue +2.5% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.6M, and assets of $979K.
Data Sources and Methodology
This transparency report for Buffalo Olmsted Parks Conservancy 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.