Cazenovia Recovery Systems Inc
Cazenovia Recovery Systems: Strong Growth, Prudent Spending
EIN: 222314610 · Buffalo, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $17.0M |
| Total Expenses | $13.2M |
| Program Spending | 75% |
| Net Assets | $22.9M |
| Transparency Score | 85/100 |
Is Cazenovia Recovery Systems Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cazenovia Recovery Systems Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cazenovia Recovery Systems Inc
Cazenovia Recovery Systems Inc (EIN: 222314610) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $17.0M and total assets of $27.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cazenovia Recovery Systems Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cazenovia Recovery Systems Inc is a large nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.4M |
| Total Expenses | $13.2M |
| Surplus / Deficit | +$8.2M |
| Total Assets | $25.9M |
| Total Liabilities | $3.0M |
| Net Assets | $22.9M |
| Operating Margin | 38.3% |
| Debt-to-Asset Ratio | 11.4% |
| Months of Reserves | 23.5 months |
Financial Health Grade: A
In 2023, Cazenovia Recovery Systems Inc reported a surplus of $8.2M with revenue exceeding expenses, holds 23.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cazenovia Recovery Systems Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.0% | +17.0% | +50.4% |
| 2022 | +26.3% | +7.9% | +15.5% |
| 2021 | -13.3% | +6.9% | +2.7% |
| 2020 | +9.3% | +1.4% | +29.7% |
| 2019 | +19.6% | +5.7% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Cazenovia Recovery Systems 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, Cazenovia Recovery Systems 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 surplus of $8.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness relative to the organization's revenue and mission.
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.
Strengths
The following positive indicators were identified for Cazenovia Recovery Systems Inc:
- Consistent revenue growth from $7.6M in 2016 to $21.4M in 2023, indicating strong program demand and fundraising success.
- Healthy asset growth from $9.7M in 2016 to $25.8M in 2023, demonstrating financial stability and capacity for future initiatives.
- Program expenses consistently represent a significant portion of total expenses, indicating a strong focus on mission delivery.
Frequently Asked Questions about Cazenovia Recovery Systems Inc
Is Cazenovia Recovery Systems Inc a legitimate charity?
Cazenovia Recovery Systems Inc (EIN: 222314610) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $17.0M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Cazenovia Recovery Systems Inc spend its money?
Cazenovia Recovery Systems Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Cazenovia Recovery Systems Inc tax-deductible?
Cazenovia Recovery Systems Inc is registered as a tax-exempt nonprofit (EIN: 222314610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cazenovia Recovery Systems Inc's spending goes to programs?
Cazenovia Recovery Systems Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cazenovia Recovery Systems Inc located?
Cazenovia Recovery Systems Inc is headquartered in Buffalo, New York and files with the IRS under EIN 222314610.
How many years of IRS 990 filings does Cazenovia Recovery Systems Inc have?
Cazenovia Recovery Systems 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 $17.0M in total revenue.
What does Cazenovia Recovery Systems Inc do?
Cazenovia Recovery Systems Inc is a nonprofit organization in the Unknown sector, located in Buffalo, New York. It is classified under NTEE code Unknown.
How much revenue does Cazenovia Recovery Systems Inc have?
Cazenovia Recovery Systems Inc reported total revenue of $16,990,397. Based on 13 IRS 990 filings on record.
What are Cazenovia Recovery Systems Inc's total assets?
Cazenovia Recovery Systems Inc holds total assets of $27,428,801 as reported in IRS 990 filings.
Where is Cazenovia Recovery Systems Inc located?
Cazenovia Recovery Systems Inc is based in Buffalo, New York.
What is Cazenovia Recovery Systems Inc's EIN?
Cazenovia Recovery Systems Inc's Employer Identification Number (EIN) is 222314610. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cazenovia Recovery Systems Inc?
Cazenovia Recovery Systems Inc is classified under NTEE code Unknown (Unknown).
Is Cazenovia Recovery Systems Inc a registered 501(c)(3)?
Cazenovia Recovery Systems Inc appears in IRS records (EIN: 222314610). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Cazenovia Recovery Systems Inc file IRS Form 990?
Yes, Cazenovia Recovery Systems Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Cazenovia Recovery Systems Inc's revenue in 2023?
In the 202312 filing period, Cazenovia Recovery Systems Inc reported total revenue of $21,410,048, total expenses of $13,202,607, and net assets of $25,877,600.
Is Cazenovia Recovery Systems Inc's revenue growing or declining?
Cazenovia Recovery Systems Inc's revenue is growing. Revenue went from $14,270,467 (202212) to $21,410,048 (202312), a +50.0% change. Based on 13 filings on record.
What is Cazenovia Recovery Systems Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cazenovia Recovery Systems Inc covers tax period 202312. It shows revenue of $21,410,048, expenses of $13,202,607, total assets of $25,877,600, and liabilities of $2,958,906.
How much does Cazenovia Recovery Systems Inc spend on programs vs administration?
Based on IRS 990 analysis, Cazenovia Recovery Systems Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Cazenovia Recovery Systems Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cazenovia Recovery Systems Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Cazenovia Recovery Systems Inc's strengths?
Positive indicators for Cazenovia Recovery Systems Inc include: Consistent revenue growth from $7.6M in 2016 to $21.4M in 2023, indicating strong program demand and fundraising success.. Healthy asset growth from $9.7M in 2016 to $25.8M in 2023, demonstrating financial stability and capacity for future initiatives.. Program expenses consistently represent a significant portion of total expenses, indicating a strong focus on mission delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Cazenovia Recovery Systems Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness relative to the organization's revenue and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Cazenovia Recovery Systems managed to achieve such significant revenue growth, nearly tripling its revenue from $7.6M in 2016 to $21.4M in 2023?
The consistent and substantial increase in revenue suggests successful program expansion, effective grant acquisition, and potentially increased demand for their services, allowing them to scale operations and impact.
What factors contribute to the organization's ability to maintain a healthy asset base, growing from $9.7M in 2016 to $25.8M in 2023, while also expanding its programs?
The growth in assets, alongside revenue, indicates sound financial management, potentially including strategic investments, efficient use of funds, and the accumulation of reserves, which provides a strong foundation for long-term sustainability and program development.
Filing History
IRS 990 filing history for Cazenovia Recovery Systems Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cazenovia Recovery Systems Inc's revenue has grown by 337.2%, moving from $4.9M to $21.4M. Total assets increased by 217.7% over the same period, from $8.1M to $25.9M. Total functional expenses rose by 178.3%, from $4.7M to $13.2M. In its most recent filing year (2023), Cazenovia Recovery Systems Inc reported a surplus of $8.2M, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $25.9M in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $22.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.4M | $13.2M | $25.9M | $3.0M | — | — |
| 2022 | $14.3M | $11.3M | $17.2M | $2.5M | — | — |
| 2021 | $11.3M | $10.5M | $14.9M | $3.2M | — | View 990 |
| 2020 | $13.0M | $9.8M | $14.5M | $3.6M | — | — |
| 2019 | $11.9M | $9.6M | $11.2M | $3.3M | — | View 990 |
| 2018 | $10.0M | $9.1M | $9.4M | $3.1M | — | View 990 |
| 2017 | $7.6M | $8.2M | $10.1M | $3.7M | — | View 990 |
| 2016 | $7.6M | $7.8M | $9.7M | $2.9M | — | View 990 |
| 2015 | $6.6M | $6.8M | $9.3M | $2.9M | — | View 990 |
| 2014 | $7.1M | $7.3M | $9.6M | $3.0M | — | View 990 |
| 2013 | $5.9M | $5.3M | $9.1M | $2.3M | — | View 990 |
| 2012 | $5.2M | $4.9M | $7.9M | $1.5M | — | View 990 |
| 2011 | $4.9M | $4.7M | $8.1M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.4M, expenses of $13.2M, and assets of $25.9M (revenue +50.0% year-over-year).
- 2022: Revenue of $14.3M, expenses of $11.3M, and assets of $17.2M (revenue +26.3% year-over-year).
- 2021: Revenue of $11.3M, expenses of $10.5M, and assets of $14.9M (revenue -13.3% year-over-year).
- 2020: Revenue of $13.0M, expenses of $9.8M, and assets of $14.5M (revenue +9.3% year-over-year).
- 2019: Revenue of $11.9M, expenses of $9.6M, and assets of $11.2M (revenue +19.6% year-over-year).
- 2018: Revenue of $10.0M, expenses of $9.1M, and assets of $9.4M (revenue +31.2% year-over-year).
- 2017: Revenue of $7.6M, expenses of $8.2M, and assets of $10.1M (revenue -0.5% year-over-year).
- 2016: Revenue of $7.6M, expenses of $7.8M, and assets of $9.7M (revenue +16.1% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.8M, and assets of $9.3M (revenue -6.8% year-over-year).
- 2014: Revenue of $7.1M, expenses of $7.3M, and assets of $9.6M (revenue +20.7% year-over-year).
- 2013: Revenue of $5.9M, expenses of $5.3M, and assets of $9.1M (revenue +12.7% year-over-year).
- 2012: Revenue of $5.2M, expenses of $4.9M, and assets of $7.9M (revenue +6.0% year-over-year).
- 2011: Revenue of $4.9M, expenses of $4.7M, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cazenovia Recovery Systems Inc:
Data Sources and Methodology
This transparency report for Cazenovia Recovery Systems 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.