Finger Lakes Area Counseling And Recovery Agency Inc
Finger Lakes Area Counseling And Recovery Agency Inc consistently allocates over 85% of expenses to programs, showing strong mission focus and growth.
EIN: 161013292 · Clifton Springs, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $33.2M |
| Total Expenses | $31.2M |
| Program Spending | 88% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $7.3M |
| Transparency Score | 92/100 |
Is Finger Lakes Area Counseling And Recovery Agency Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Finger Lakes Area Counseling And Recovery Agency Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Finger Lakes Area Counseling And Recovery Agency Inc
Finger Lakes Area Counseling And Recovery Agency Inc (EIN: 161013292) is a nonprofit organization based in Clifton Springs, NY. The organization reported total revenue of $33.2M and total assets of $21.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finger Lakes Area Counseling And Recovery Agency Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Finger Lakes Area Counseling And Recovery Agency Inc is a large nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35.5M |
| Total Expenses | $31.2M |
| Surplus / Deficit | +$4.3M |
| Total Assets | $17.3M |
| Total Liabilities | $10.0M |
| Net Assets | $7.3M |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 57.9% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Finger Lakes Area Counseling And Recovery Agency Inc reported a surplus of $4.3M with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 57.9% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Finger Lakes Area Counseling And Recovery Agency Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.3% | +14.0% | +21.7% |
| 2022 | +12.0% | +12.2% | +10.4% |
| 2021 | -0.2% | +0.8% | -15.0% |
| 2020 | +11.7% | +12.1% | +19.3% |
| 2019 | +24.1% | +22.2% | +23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Finger Lakes Area Counseling And Recovery Agency 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: 9%
- programs: 88%
- fundraising: 3%
According to IRS 990 filings, Finger Lakes Area Counseling And Recovery Agency Inc allocates its expenses as follows: admin: 9%, programs: 88%, fundraising: 3%. With 88% 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 $4.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $30 million. This suggests either that executive compensation is reported under other expense categories, or that the organization relies on volunteer leadership, which would be a significant positive for efficiency.
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 Finger Lakes Area Counseling And Recovery Agency Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Finger Lakes Area Counseling And Recovery Agency Inc:
- High program spending ratio, averaging 88% over the last five years, indicating strong mission focus.
- Consistent revenue growth, from $21.9 million in 2019 to $35.4 million in 2023, demonstrating expanding capacity.
- Positive net assets and consistent surpluses, indicating sound financial management.
- Significant asset growth, from $12.6 million in 2019 to $17.2 million in 2023, enhancing organizational stability.
Frequently Asked Questions about Finger Lakes Area Counseling And Recovery Agency Inc
Is Finger Lakes Area Counseling And Recovery Agency Inc a legitimate charity?
Finger Lakes Area Counseling And Recovery Agency Inc (EIN: 161013292) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $33.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Finger Lakes Area Counseling And Recovery Agency Inc spend its money?
Finger Lakes Area Counseling And Recovery Agency Inc directs 88% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Finger Lakes Area Counseling And Recovery Agency Inc tax-deductible?
Finger Lakes Area Counseling And Recovery Agency Inc is registered as a tax-exempt nonprofit (EIN: 161013292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Finger Lakes Area Counseling And Recovery Agency Inc CEO make?
Finger Lakes Area Counseling And Recovery Agency Inc's highest-compensated officer earns $30 annually. The organization reported $33.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Finger Lakes Area Counseling And Recovery Agency Inc's spending goes to programs?
Finger Lakes Area Counseling And Recovery Agency Inc directs 88% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Finger Lakes Area Counseling And Recovery Agency Inc located?
Finger Lakes Area Counseling And Recovery Agency Inc is headquartered in Clifton Springs, New York and files with the IRS under EIN 161013292.
How many years of IRS 990 filings does Finger Lakes Area Counseling And Recovery Agency Inc have?
Finger Lakes Area Counseling And Recovery Agency Inc has 12 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 $33.2M in total revenue.
How is executive compensation handled if 0% is reported on the 990s?
The consistent reporting of 0% officer compensation across all available filings for an organization of this size is atypical. It's possible that compensation for key executives is categorized differently within the expense structure, or that the organization's leadership is entirely volunteer-based, which would be a remarkable efficiency.
What is the organization's NTEE code and specific program areas?
The NTEE code is not provided in the given data. Understanding the specific program areas would provide more context on how the 88% program spending is distributed and its impact.
What is the long-term strategy for managing the increasing liabilities relative to assets?
While assets have grown, liabilities have also increased significantly, from $10.2 million in 2019 to $10.0 million in 2023 (after a peak of $12.2 million in 2020). Although assets generally outpace liabilities, a clear strategy for managing this growth would be beneficial for long-term financial stability.
Filing History
IRS 990 filing history for Finger Lakes Area Counseling And Recovery Agency Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Finger Lakes Area Counseling And Recovery Agency Inc's revenue has grown by 495.6%, moving from $6.0M to $35.5M. Total assets increased by 475.9% over the same period, from $3.0M to $17.3M. Total functional expenses rose by 420.4%, from $6.0M to $31.2M. In its most recent filing year (2023), Finger Lakes Area Counseling And Recovery Agency Inc reported a surplus of $4.3M, with revenue exceeding expenses. The organization holds $10.0M in liabilities against $17.3M in assets (debt-to-asset ratio: 57.9%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35.5M | $31.2M | $17.3M | $10.0M | — | — |
| 2022 | $27.4M | $27.4M | $14.2M | $11.2M | — | — |
| 2021 | $24.5M | $24.4M | $12.8M | $9.9M | — | View 990 |
| 2020 | $24.6M | $24.2M | $15.1M | $12.2M | — | — |
| 2019 | $22.0M | $21.6M | $12.7M | $10.3M | — | View 990 |
| 2018 | $17.7M | $17.7M | $10.2M | $8.2M | — | View 990 |
| 2016 | $12.3M | $12.2M | $6.1M | $4.2M | — | View 990 |
| 2015 | $9.6M | $9.3M | $4.0M | $2.2M | — | View 990 |
| 2014 | $8.3M | $8.2M | $2.9M | $1.4M | — | View 990 |
| 2013 | $6.9M | $6.6M | $3.1M | $1.7M | — | View 990 |
| 2012 | $6.3M | $6.2M | $3.0M | $1.9M | — | View 990 |
| 2011 | $6.0M | $6.0M | $3.0M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35.5M, expenses of $31.2M, and assets of $17.3M (revenue +29.3% year-over-year).
- 2022: Revenue of $27.4M, expenses of $27.4M, and assets of $14.2M (revenue +12.0% year-over-year).
- 2021: Revenue of $24.5M, expenses of $24.4M, and assets of $12.8M (revenue -0.2% year-over-year).
- 2020: Revenue of $24.6M, expenses of $24.2M, and assets of $15.1M (revenue +11.7% year-over-year).
- 2019: Revenue of $22.0M, expenses of $21.6M, and assets of $12.7M (revenue +24.1% year-over-year).
- 2018: Revenue of $17.7M, expenses of $17.7M, and assets of $10.2M (revenue +44.4% year-over-year).
- 2016: Revenue of $12.3M, expenses of $12.2M, and assets of $6.1M (revenue +28.2% year-over-year).
- 2015: Revenue of $9.6M, expenses of $9.3M, and assets of $4.0M (revenue +15.8% year-over-year).
- 2014: Revenue of $8.3M, expenses of $8.2M, and assets of $2.9M (revenue +19.0% year-over-year).
- 2013: Revenue of $6.9M, expenses of $6.6M, and assets of $3.1M (revenue +10.9% year-over-year).
- 2012: Revenue of $6.3M, expenses of $6.2M, and assets of $3.0M (revenue +5.1% year-over-year).
- 2011: Revenue of $6.0M, expenses of $6.0M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Finger Lakes Area Counseling And Recovery Agency Inc:
Data Sources and Methodology
This transparency report for Finger Lakes Area Counseling And Recovery Agency 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.