Education Collaborative Of Wny Inc
Education Collaborative Of WNY Inc maintains stable operations with no reported officer compensation and low liabilities.
EIN: 161555928 · Buffalo, NY · NTEE: B900 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $453K |
| Transparency Score | 92/100 |
Is Education Collaborative Of Wny Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education Collaborative Of Wny Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education Collaborative Of Wny Inc
Education Collaborative Of Wny Inc (EIN: 161555928) is a nonprofit organization based in Buffalo, NY, classified under NTEE code B900. The organization reported total revenue of $1.8M and total assets of $436K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Collaborative Of Wny Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Collaborative Of Wny Inc is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-56,429 |
| Total Assets | $457K |
| Total Liabilities | $4K |
| Net Assets | $453K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Education Collaborative Of Wny Inc reported a deficit of $56K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Education Collaborative Of Wny Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | +4.7% | -11.5% |
| 2022 | -14.8% | -0.5% | -4.9% |
| 2021 | +34.2% | +4.6% | +101.2% |
| 2020 | +6.3% | +27.2% | -29.8% |
| 2019 | +3.2% | -4.9% | +45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Education Collaborative Of Wny Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Education Collaborative Of Wny Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual revenues consistently around $1.5 million to $2 million. This suggests either a fully volunteer leadership structure or that compensation is reported under other expense categories, though the former implies exceptional dedication.
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 Education Collaborative Of Wny Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure actual leadership costs if compensated through other means.
Strengths
The following positive indicators were identified for Education Collaborative Of Wny Inc:
- Consistent financial stability with revenues generally covering expenses.
- Very low liabilities relative to assets, indicating strong financial health.
- Excellent transparency with consistent IRS 990 filings.
- No reported officer compensation, suggesting a high proportion of funds directly support the mission.
Frequently Asked Questions about Education Collaborative Of Wny Inc
Is Education Collaborative Of Wny Inc a legitimate charity?
Education Collaborative Of Wny Inc (EIN: 161555928) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Education Collaborative Of Wny Inc spend its money?
Education Collaborative Of Wny Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Education Collaborative Of Wny Inc tax-deductible?
Education Collaborative Of Wny Inc is registered as a tax-exempt nonprofit (EIN: 161555928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Education Collaborative Of Wny Inc CEO make?
Education Collaborative Of Wny Inc's highest-compensated officer earns $1.5 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Education Collaborative Of Wny Inc's spending goes to programs?
Education Collaborative Of Wny Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Education Collaborative Of Wny Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Education Collaborative Of Wny Inc is above average for NTEE category B900 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education Collaborative Of Wny Inc located?
Education Collaborative Of Wny Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161555928. It is classified under NTEE code B900.
How many years of IRS 990 filings does Education Collaborative Of Wny Inc have?
Education Collaborative Of Wny 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 $1.8M in total revenue.
How does Education Collaborative Of Wny Inc manage to operate without reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It suggests either a fully volunteer leadership model or that executive salaries are categorized differently within the expense breakdown, which would warrant further investigation into the detailed expense schedules.
What is the primary source of Education Collaborative Of Wny Inc's revenue?
While the filings provide total revenue, they do not detail the specific sources (e.g., grants, donations, program service fees). Understanding the revenue mix would provide insight into funding stability and diversification.
What are the specific program services provided by Education Collaborative Of Wny Inc?
The NTEE code B900 indicates 'Education, General,' but the filings do not elaborate on the specific educational programs or initiatives the organization undertakes. This information would be crucial for assessing program effectiveness and impact.
Filing History
IRS 990 filing history for Education Collaborative Of Wny Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Education Collaborative Of Wny Inc's revenue has grown by 147.4%, moving from $720K to $1.8M. Total assets decreased by 17.1% over the same period, from $551K to $457K. Total functional expenses rose by 165%, from $693K to $1.8M. In its most recent filing year (2023), Education Collaborative Of Wny Inc reported a deficit of $56K, with expenses exceeding revenue. The organization holds $4K in liabilities against $457K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $453K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.8M | $457K | $4K | — | View 990 |
| 2022 | $1.8M | $1.8M | $516K | $10K | — | View 990 |
| 2021 | $2.1M | $1.8M | $543K | $12K | — | View 990 |
| 2020 | $1.5M | $1.7M | $270K | $41K | — | View 990 |
| 2019 | $1.4M | $1.3M | $384K | $3K | — | View 990 |
| 2018 | $1.4M | $1.4M | $263K | $0 | — | View 990 |
| 2017 | $1.2M | $1.5M | $327K | $2K | — | View 990 |
| 2016 | $1.4M | $1.7M | $596K | $17K | — | View 990 |
| 2015 | $1.5M | $1.2M | $898K | $29K | — | View 990 |
| 2014 | $1.9M | $1.7M | $553K | $10K | — | View 990 |
| 2013 | $764K | $891K | $323K | $15K | — | View 990 |
| 2012 | $841K | $947K | $426K | $0 | — | View 990 |
| 2011 | $720K | $693K | $551K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.8M, and assets of $457K (revenue +1.7% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $516K (revenue -14.8% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.8M, and assets of $543K (revenue +34.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.7M, and assets of $270K (revenue +6.3% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $384K (revenue +3.2% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $263K (revenue +12.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.5M, and assets of $327K (revenue -13.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.7M, and assets of $596K (revenue -7.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $898K (revenue -18.6% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.7M, and assets of $553K (revenue +148.7% year-over-year).
- 2013: Revenue of $764K, expenses of $891K, and assets of $323K (revenue -9.1% year-over-year).
- 2012: Revenue of $841K, expenses of $947K, and assets of $426K (revenue +16.8% year-over-year).
- 2011: Revenue of $720K, expenses of $693K, and assets of $551K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Collaborative Of Wny Inc:
Data Sources and Methodology
This transparency report for Education Collaborative Of Wny 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.