Chautauqua Foundation Inc
Chautauqua Foundation Inc. shows strong asset growth and no reported officer compensation across all filings.
EIN: 166028421 · Chautauqua, NY · NTEE: T30 · Updated: 2026-03-28
Is Chautauqua Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chautauqua Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chautauqua Foundation Inc
Chautauqua Foundation Inc (EIN: 166028421) is a nonprofit organization based in Chautauqua, NY, classified under NTEE code T30. The organization reported total revenue of $26.0M and total assets of $152.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chautauqua Foundation 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 Chautauqua Foundation 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, Chautauqua Foundation 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with assets exceeding $136 million. This suggests that key personnel may be compensated through other mechanisms not classified as officer compensation on the 990, or the leadership is entirely volunteer-based.
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 Chautauqua Foundation Inc's IRS 990 filings:
- Zero reported officer compensation for an organization with over $136 million in assets, which may obscure actual leadership compensation.
Strengths
The following positive indicators were identified for Chautauqua Foundation Inc:
- Strong and consistent asset growth, reaching $136,968,818 in 2023.
- Expenses consistently lower than revenue in most periods, indicating efficient financial management.
- Consistent filing of IRS 990 forms, demonstrating transparency and compliance.
- Low liabilities relative to assets, with liabilities at $889,423 against assets of $136,968,818 in 2023.
Frequently Asked Questions about Chautauqua Foundation Inc
Is Chautauqua Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chautauqua Foundation Inc (EIN: 166028421) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Chautauqua Foundation Inc spend its money?
Chautauqua Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chautauqua Foundation Inc tax-deductible?
Chautauqua Foundation Inc is registered as a tax-exempt nonprofit (EIN: 166028421). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Chautauqua Foundation Inc. a good charity?
Based on its strong financial health, consistent asset growth, and zero reported officer compensation, the Chautauqua Foundation Inc. appears to be a well-managed organization. However, further inquiry into the full compensation structure for key personnel would provide a more complete assessment.
How has the organization's financial health changed over time?
The organization has shown consistent growth in assets, from $87,430,829 in 2016 to $136,968,818 in 2023, indicating strong financial management and sustainability. Revenue has fluctuated but generally outpaced expenses, contributing to this growth.
What is the trend in their revenue and expenses?
Revenue has varied significantly year-to-year, from a low of $5,744,361 in 2020 to a high of $16,411,291 in 2023. Expenses have been more stable, generally ranging between $5 million and $11 million, consistently lower than revenue in most periods, allowing for asset accumulation.
Filing History
IRS 990 filing history for Chautauqua Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Chautauqua Foundation Inc's revenue has grown by 68.8%, moving from $9.7M to $16.4M. Total assets increased by 104.7% over the same period, from $66.9M to $137.0M. Total functional expenses rose by 1.4%, from $6.7M to $6.8M. In its most recent filing year (2023), Chautauqua Foundation Inc reported a surplus of $9.6M, with revenue exceeding expenses. The organization holds $889K in liabilities against $137.0M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $136.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $16.4M | $6.8M | $137.0M | $889K | — | View 990 |
| 2022 | $6.6M | $5.4M | $119.1M | $1.2M | — | View 990 |
| 2021 | $15.7M | $5.4M | $141.7M | $1.5M | — | View 990 |
| 2020 | $5.7M | $5.4M | $121.7M | $1.3M | — | View 990 |
| 2019 | $10.2M | $6.5M | $109.9M | $2.3M | — | View 990 |
| 2019 | $16.5M | $11.3M | $104.5M | $4.4M | — | View 990 |
| 2018 | $12.1M | $11.1M | $99.0M | $3.4M | — | View 990 |
| 2017 | $10.2M | $8.1M | $91.8M | $3.3M | — | View 990 |
| 2016 | $11.7M | $13.7M | $87.4M | $8.5M | — | View 990 |
| 2015 | $14.0M | $8.1M | $92.2M | $3.8M | — | View 990 |
| 2014 | $11.6M | $7.1M | $86.6M | $3.1M | — | View 990 |
| 2013 | $15.4M | $6.7M | $78.2M | $2.9M | — | View 990 |
| 2012 | $9.7M | $6.7M | $66.9M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.4M, expenses of $6.8M, and assets of $137.0M (revenue +149.0% year-over-year).
- 2022: Revenue of $6.6M, expenses of $5.4M, and assets of $119.1M (revenue -58.0% year-over-year).
- 2021: Revenue of $15.7M, expenses of $5.4M, and assets of $141.7M (revenue +173.3% year-over-year).
- 2020: Revenue of $5.7M, expenses of $5.4M, and assets of $121.7M (revenue -43.7% year-over-year).
- 2019: Revenue of $10.2M, expenses of $6.5M, and assets of $109.9M (revenue -38.3% year-over-year).
- 2019: Revenue of $16.5M, expenses of $11.3M, and assets of $104.5M (revenue +36.2% year-over-year).
- 2018: Revenue of $12.1M, expenses of $11.1M, and assets of $99.0M (revenue +19.2% year-over-year).
- 2017: Revenue of $10.2M, expenses of $8.1M, and assets of $91.8M (revenue -12.8% year-over-year).
- 2016: Revenue of $11.7M, expenses of $13.7M, and assets of $87.4M (revenue -16.5% year-over-year).
- 2015: Revenue of $14.0M, expenses of $8.1M, and assets of $92.2M (revenue +21.2% year-over-year).
- 2014: Revenue of $11.6M, expenses of $7.1M, and assets of $86.6M (revenue -25.0% year-over-year).
- 2013: Revenue of $15.4M, expenses of $6.7M, and assets of $78.2M (revenue +58.4% year-over-year).
- 2012: Revenue of $9.7M, expenses of $6.7M, and assets of $66.9M.
Data Sources and Methodology
This transparency report for Chautauqua Foundation 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.