Faatz Crofut Home For The Elderly

Faatz Crofut Home For The Elderly maintains stable finances with growing assets and no reported officer compensation.

EIN: 150533560 · Auburn, NY · Updated: 2026-03-28

$8.3MRevenue

$12.9MAssets

85/100Mission Score (Excellent)

About Faatz Crofut Home For The Elderly

Faatz Crofut Home For The Elderly (EIN: 150533560) is a nonprofit organization based in Auburn, NY. The organization reported total revenue of $8.3M and total assets of $12.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faatz Crofut Home For The Elderly's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Faatz Crofut Home For The Elderly demonstrates consistent financial operations, with revenues generally covering expenses over the past decade. While the organization experienced a slight deficit in 2023 (expenses of $1,761,642 against revenues of $1,719,074), this is not a significant concern given its substantial asset base of $12,556,815. The organization's assets have shown steady growth, increasing from $9,232,086 in 2014 to over $12.5 million in 2023, indicating sound financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation directly to mission-related activities.

The organization's financial health appears stable, with a strong asset base relative to its annual expenses. The absence of reported officer compensation enhances its transparency and suggests a high degree of efficiency in administrative costs, as executive salaries are often a significant component. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent financial reporting over 13 periods indicates a commitment to transparency in its operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Faatz Crofut Home For The Elderly 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: 90%
fundraising: 0%

According to IRS 990 filings, Faatz Crofut Home For The Elderly allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and asset base.

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 Faatz Crofut Home For The Elderly's IRS 990 filings:

Lack of detailed program, administrative, and fundraising expense breakdown in provided data, making precise efficiency analysis difficult.
Unusually consistent 0% officer compensation for an organization with over $12 million in assets, which might warrant further inquiry into compensation structures if any.

Strengths

The following positive indicators were identified for Faatz Crofut Home For The Elderly:

Strong and growing asset base, increasing from $9.2 million in 2014 to $12.5 million in 2023.
Consistent financial stability with revenues generally covering expenses over a long period.
No reported officer compensation, suggesting high efficiency in executive overhead.
Long history of consistent IRS 990 filings (13 filings), indicating transparency and compliance.

Frequently Asked Questions about Faatz Crofut Home For The Elderly

Is Faatz Crofut Home For The Elderly a good charity?

Based on the available IRS 990 data, Faatz Crofut Home For The Elderly appears to be a financially stable organization with a strong asset base and a consistent history of operations. The absence of reported officer compensation is a notable positive, suggesting a high proportion of resources are directed towards its mission. However, a detailed breakdown of program vs. administrative expenses would provide a more complete picture of its spending efficiency.

How has the organization's financial position changed over the last decade?

Over the last decade, Faatz Crofut Home For The Elderly has seen its assets grow significantly from $9,232,086 in 2014 to $12,556,815 in 2023. Revenues and expenses have also generally increased, with revenues ranging from $1.2 million to over $2 million annually, indicating a growing operational scale while maintaining financial stability.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's top leadership either serves on a purely volunteer basis or is compensated in a way that is not classified as officer compensation on the 990 form. This typically indicates a very lean administrative structure and a strong commitment to directing funds towards the organization's mission rather than executive salaries.

Filing History

IRS 990 filing history for Faatz Crofut Home For The Elderly showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Faatz Crofut Home For The Elderly's revenue has grown by 45.8%, moving from $1.2M to $1.7M. Total assets increased by 59.6% over the same period, from $7.9M to $12.6M. Total functional expenses rose by 46%, from $1.2M to $1.8M. In its most recent filing year (2023), Faatz Crofut Home For The Elderly reported a deficit of $43K, with expenses exceeding revenue. The organization holds $141K in liabilities against $12.6M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $12.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.7M	$1.8M	$12.6M	$141K	—	—
2022	$1.6M	$1.6M	$12.5M	$119K	—	View 990
2021	$1.8M	$1.6M	$13.6M	$137K	—	View 990
2020	$2.0M	$1.5M	$12.5M	$114K	—	View 990
2019	$1.6M	$1.4M	$12.0M	$93K	—	View 990
2018	$1.5M	$1.4M	$10.6M	$84K	—	View 990
2017	$1.3M	$1.3M	$10.3M	$76K	—	View 990
2016	$1.3M	$1.4M	$9.7M	$103K	—	View 990
2015	$1.3M	$1.3M	$9.1M	$104K	—	View 990
2014	$1.2M	$1.2M	$9.2M	$98K	—	View 990
2013	$1.1M	$1.2M	$9.0M	$84K	—	View 990
2012	$1.2M	$1.2M	$8.2M	$98K	—	View 990
2011	$1.2M	$1.2M	$7.9M	$106K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.7M, expenses of $1.8M, and assets of $12.6M (revenue +7.1% year-over-year).
2022: Revenue of $1.6M, expenses of $1.6M, and assets of $12.5M (revenue -9.0% year-over-year).
2021: Revenue of $1.8M, expenses of $1.6M, and assets of $13.6M (revenue -13.4% year-over-year).
2020: Revenue of $2.0M, expenses of $1.5M, and assets of $12.5M (revenue +30.5% year-over-year).
2019: Revenue of $1.6M, expenses of $1.4M, and assets of $12.0M (revenue +3.8% year-over-year).
2018: Revenue of $1.5M, expenses of $1.4M, and assets of $10.6M (revenue +17.3% year-over-year).
2017: Revenue of $1.3M, expenses of $1.3M, and assets of $10.3M (revenue -3.2% year-over-year).
2016: Revenue of $1.3M, expenses of $1.4M, and assets of $9.7M (revenue -1.0% year-over-year).
2015: Revenue of $1.3M, expenses of $1.3M, and assets of $9.1M (revenue +11.4% year-over-year).
2014: Revenue of $1.2M, expenses of $1.2M, and assets of $9.2M (revenue +4.7% year-over-year).
2013: Revenue of $1.1M, expenses of $1.2M, and assets of $9.0M (revenue -4.4% year-over-year).
2012: Revenue of $1.2M, expenses of $1.2M, and assets of $8.2M (revenue +1.8% year-over-year).
2011: Revenue of $1.2M, expenses of $1.2M, and assets of $7.9M.

Data Sources and Methodology

This transparency report for Faatz Crofut Home For The Elderly 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.