Great Falls Council Inc

Great Falls Council Inc. experiences fluctuating revenue and recent deficit spending, with no reported officer compensation.

EIN: 160743929 · Buffalo, NY · Updated: 2026-03-28

$6.6MRevenue
$5.7MGross Revenue
$19.1MAssets
75/100Mission Score (Good)
Great Falls Council Inc Financial Summary
MetricValue
Total Revenue$6.6M
Total Expenses$1.8M
Program Spending80%
CEO/Top Officer Pay$10
Net Assets$7.4M
Transparency Score75/100

Is Great Falls Council Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Great Falls Council Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Great Falls Council Inc

Great Falls Council Inc (EIN: 160743929) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $6.6M and total assets of $19.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great Falls Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

61Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Great Falls Council Inc is a mid-size nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.6M
Total Expenses$1.8M
Surplus / Deficit$-236,152
Total Assets$10.2M
Total Liabilities$2.8M
Net Assets$7.4M
Operating Margin-14.8%
Debt-to-Asset Ratio27.6%
Months of Reserves67.0 months

Financial Health Grade: B

In 2023, Great Falls Council Inc reported a deficit of $236K with expenses exceeding revenue, holds 67.0 months of operating reserves (strong position), has a debt-to-asset ratio of 27.6% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Great Falls Council Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-58.1%+2.1%+21.0%
2022+107.7%+11.6%+23.0%
2021+101.6%+10.9%+6.7%
2020-64.8%-26.9%-3.5%
2019-3.4%-1.7%+7.4%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1965

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Great Falls Council Inc. demonstrates fluctuating financial health over the past several years. While the organization reported a significant revenue increase to $3,800,093 in 2022, its most recent filing for 2023 shows a decrease to $1,594,096, alongside expenses exceeding revenue by $236,152. This recent deficit spending, following a surplus in 2022, indicates a need for careful financial management to ensure long-term sustainability. The organization's assets have grown substantially from $5,808,724 in 2014 to $10,222,992 in 2023, suggesting a build-up of reserves, but liabilities have also increased significantly from $387,192 to $2,820,182 over the same period, which warrants further investigation into their nature. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The organization's ability to manage its expenses relative to its fluctuating revenue will be key to its operational efficiency. Transparency appears to be strong concerning executive compensation, with no reported officer compensation. However, the lack of detailed expense breakdowns in the provided data limits a comprehensive assessment of how funds are allocated across programs, administration, and fundraising. Further transparency on these specific spending categories would enhance public trust and allow for a more thorough evaluation of its financial practices.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Great Falls Council Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Great Falls Council Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$1.6MTotal Revenue
$1.8MTotal Expenses
$10.2MTotal Assets
$2.8MTotal Liabilities
$7.4MNet Assets
  • The organization reported a deficit of $236K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 27.6%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization with assets exceeding $10 million and annual expenses over $1.8 million.

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 Great Falls Council Inc's IRS 990 filings:

  • Significant revenue volatility between 2022 and 2023, with a sharp decline.
  • Deficit spending in the most recent period (2023), where expenses ($1,830,248) exceeded revenue ($1,594,096).
  • Substantial increase in liabilities over time, from $387,192 in 2014 to $2,820,182 in 2023, without clear explanation.
  • Unusual consistent reporting of 0% officer compensation for an organization of this size and asset base.

Strengths

The following positive indicators were identified for Great Falls Council Inc:

  • Consistent growth in assets over the long term, from $5,808,724 in 2014 to $10,222,992 in 2023.
  • Strong financial surplus in 2022, with revenue significantly exceeding expenses ($3,800,093 vs. $1,793,119).
  • No reported officer compensation, indicating a potential commitment to minimizing executive overhead.

Frequently Asked Questions about Great Falls Council Inc

Is Great Falls Council Inc a legitimate charity?

Great Falls Council Inc (EIN: 160743929) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.6M. 4 red flags identified. 3 strengths noted. Financial health grade: B.

How does Great Falls Council Inc spend its money?

Great Falls Council Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Great Falls Council Inc tax-deductible?

Great Falls Council Inc is registered as a tax-exempt nonprofit (EIN: 160743929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Great Falls Council Inc CEO make?

Great Falls Council Inc's highest-compensated officer earns $10 annually. The organization reported $6.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Great Falls Council Inc's spending goes to programs?

Great Falls Council Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Great Falls Council Inc located?

Great Falls Council Inc is headquartered in Buffalo, New York and files with the IRS under EIN 160743929.

How many years of IRS 990 filings does Great Falls Council Inc have?

Great Falls Council 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 $6.6M in total revenue.

Why has Great Falls Council Inc.'s revenue fluctuated so significantly, from $3.8 million in 2022 to $1.59 million in 2023?

The provided data shows a substantial drop in revenue from $3,800,093 in 2022 to $1,594,096 in 2023, which could be due to changes in funding sources, grant cycles, or economic factors affecting donations. Further details from the organization's financial statements would be needed to understand the specific reasons for this volatility.

What is the nature of the significant increase in liabilities, from $387,192 in 2014 to $2,820,182 in 2023?

The nearly seven-fold increase in liabilities over nine years is a notable trend. This could be due to various factors such as new debt, deferred revenue, or increased accounts payable. Understanding the composition of these liabilities is crucial for assessing the organization's financial risk.

How does Great Falls Council Inc. manage to operate with 0% officer compensation, given its size and operational scope?

The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It suggests that executive leadership may be entirely volunteer-based, compensated through other means not reported as officer compensation, or that the organization has a unique operational structure. This practice, while potentially saving on overhead, warrants further inquiry into its sustainability and leadership model.

Filing History

IRS 990 filing history for Great Falls Council Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Great Falls Council Inc's revenue has declined by 37.9%, moving from $2.6M to $1.6M. Total assets increased by 88.1% over the same period, from $5.4M to $10.2M. Total functional expenses fell by 24%, from $2.4M to $1.8M. In its most recent filing year (2023), Great Falls Council Inc reported a deficit of $236K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $10.2M in assets (debt-to-asset ratio: 27.6%), resulting in net assets of $7.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.6M $1.8M $10.2M $2.8M View 990
2022 $3.8M $1.8M $8.4M $2.5M View 990
2021 $1.8M $1.6M $6.9M $2.4M View 990
2020 $908K $1.4M $6.4M $744K View 990
2019 $2.6M $2.0M $6.7M $542K View 990
2018 $2.7M $2.0M $6.2M $415K View 990
2017 $2.2M $2.2M $5.8M $505K View 990
2016 $2.1M $2.3M $5.6M $417K View 990
2015 $2.1M $2.2M $5.7M $409K View 990
2014 $2.4M $2.4M $5.8M $387K View 990
2013 $2.2M $2.3M $5.8M $400K View 990
2012 $2.7M $2.3M $5.7M $416K View 990
2011 $2.6M $2.4M $5.4M $753K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.6M, expenses of $1.8M, and assets of $10.2M (revenue -58.1% year-over-year).
  • 2022: Revenue of $3.8M, expenses of $1.8M, and assets of $8.4M (revenue +107.7% year-over-year).
  • 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $6.9M (revenue +101.6% year-over-year).
  • 2020: Revenue of $908K, expenses of $1.4M, and assets of $6.4M (revenue -64.8% year-over-year).
  • 2019: Revenue of $2.6M, expenses of $2.0M, and assets of $6.7M (revenue -3.4% year-over-year).
  • 2018: Revenue of $2.7M, expenses of $2.0M, and assets of $6.2M (revenue +23.3% year-over-year).
  • 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $5.8M (revenue +1.4% year-over-year).
  • 2016: Revenue of $2.1M, expenses of $2.3M, and assets of $5.6M (revenue +1.4% year-over-year).
  • 2015: Revenue of $2.1M, expenses of $2.2M, and assets of $5.7M (revenue -13.4% year-over-year).
  • 2014: Revenue of $2.4M, expenses of $2.4M, and assets of $5.8M (revenue +8.9% year-over-year).
  • 2013: Revenue of $2.2M, expenses of $2.3M, and assets of $5.8M (revenue -17.7% year-over-year).
  • 2012: Revenue of $2.7M, expenses of $2.3M, and assets of $5.7M (revenue +5.8% year-over-year).
  • 2011: Revenue of $2.6M, expenses of $2.4M, and assets of $5.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Great Falls Council Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Great Falls Council 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.

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