Greater Rochester Association Of Realtors Inc
Greater Rochester Association Of Realtors Inc maintains stable finances with consistent revenue and expenses.
EIN: 160601887 · Rochester, NY · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| Net Assets | $1.5M |
| Transparency Score | 75/100 |
Is Greater Rochester Association Of Realtors Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Rochester Association Of Realtors Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Rochester Association Of Realtors Inc
Greater Rochester Association Of Realtors Inc (EIN: 160601887) is a nonprofit organization based in Rochester, NY, classified under NTEE code S47. The organization reported total revenue of $2.2M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Rochester Association Of Realtors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Rochester Association Of Realtors 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 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-41,878 |
| Total Assets | $2.6M |
| Total Liabilities | $1.1M |
| Net Assets | $1.5M |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 43.0% |
| Months of Reserves | 16.1 months |
Financial Health Grade: B
In 2023, Greater Rochester Association Of Realtors Inc reported a deficit of $42K with expenses exceeding revenue, holds 16.1 months of operating reserves (strong position), has a debt-to-asset ratio of 43.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Rochester Association Of Realtors Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | -0.1% | -1.5% |
| 2022 | +7.3% | +8.5% | +1.5% |
| 2021 | +3.9% | +7.6% | -1.3% |
| 2020 | -6.2% | -13.4% | -1.0% |
| 2019 | +1.8% | +6.5% | +1.5% |
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 Greater Rochester Association Of Realtors 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, Greater Rochester Association Of Realtors 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:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.0%.
Executive Compensation Analysis
No officer compensation has been reported across all available IRS 990 filings, suggesting either a volunteer executive leadership or that executive salaries are categorized under general administrative expenses, which could obscure a full understanding of leadership costs.
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 Greater Rochester Association Of Realtors Inc's IRS 990 filings:
- Lack of reported officer compensation could obscure true leadership costs.
- Consistent minor operating deficits in recent years (e.g., $41,878 in 2023, $65,109 in 2022) suggest expenses are slightly outpacing revenue growth.
Strengths
The following positive indicators were identified for Greater Rochester Association Of Realtors Inc:
- Consistent revenue generation over a decade, indicating stable operations.
- Healthy asset base ($2,686,169 latest) providing financial stability.
- Manageable liabilities relative to assets, demonstrating good solvency.
- Long filing history (13 filings) indicates consistent compliance and transparency in reporting.
Frequently Asked Questions about Greater Rochester Association Of Realtors Inc
Is Greater Rochester Association Of Realtors Inc a legitimate charity?
Greater Rochester Association Of Realtors Inc (EIN: 160601887) 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: $2.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Greater Rochester Association Of Realtors Inc spend its money?
Greater Rochester Association Of Realtors Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Greater Rochester Association Of Realtors Inc tax-deductible?
Greater Rochester Association Of Realtors Inc is registered as a tax-exempt nonprofit (EIN: 160601887). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater Rochester Association Of Realtors Inc's spending goes to programs?
Greater Rochester Association Of Realtors Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greater Rochester Association Of Realtors Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Greater Rochester Association Of Realtors Inc is above average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater Rochester Association Of Realtors Inc located?
Greater Rochester Association Of Realtors Inc is headquartered in Rochester, New York and files with the IRS under EIN 160601887. It is classified under NTEE code S47.
How many years of IRS 990 filings does Greater Rochester Association Of Realtors Inc have?
Greater Rochester Association Of Realtors 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 $2.2M in total revenue.
Is Greater Rochester Association Of Realtors Inc a good charity?
As a professional association (NTEE Code S47), GRAR primarily serves its members rather than operating as a traditional public charity. Its financial stability, consistent operations, and healthy asset-to-liability ratio suggest it is well-managed in fulfilling its organizational purpose.
What is the trend in GRAR's financial performance?
GRAR's financial performance has been remarkably consistent over the past decade, with revenues and expenses generally staying within a narrow range, typically between $1.5 million and $2 million annually. Assets have also remained stable, fluctuating around $2.6 million to $3.2 million.
How does GRAR manage its liabilities?
GRAR maintains a healthy balance between assets and liabilities. For example, in 2023, assets of $2,585,289 significantly exceeded liabilities of $1,110,650, indicating good financial management and solvency.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation across all filings suggests that either the organization's top officers are unpaid volunteers, or their compensation is not reported in the 'Officer Comp' section but rather included within other expense categories, such as salaries and wages for administrative staff.
Filing History
IRS 990 filing history for Greater Rochester Association Of Realtors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Rochester Association Of Realtors Inc's revenue has grown by 75.5%, moving from $1.1M to $1.9M. Total assets decreased by 26.1% over the same period, from $3.5M to $2.6M. Total functional expenses rose by 93.8%, from $996K to $1.9M. In its most recent filing year (2023), Greater Rochester Association Of Realtors Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $2.6M in assets (debt-to-asset ratio: 43.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.9M | $2.6M | $1.1M | — | View 990 |
| 2022 | $1.9M | $1.9M | $2.6M | $1.2M | — | — |
| 2021 | $1.7M | $1.8M | $2.6M | $998K | — | View 990 |
| 2020 | $1.7M | $1.7M | $2.6M | $969K | — | — |
| 2019 | $1.8M | $1.9M | $2.6M | $1.1M | — | View 990 |
| 2018 | $1.8M | $1.8M | $2.6M | $900K | — | View 990 |
| 2017 | $1.6M | $1.8M | $2.8M | $949K | — | — |
| 2016 | $1.6M | $1.7M | $3.2M | $1.1M | — | View 990 |
| 2015 | $1.4M | $1.3M | $3.2M | $1.0M | — | View 990 |
| 2014 | $1.4M | $1.2M | $2.9M | $862K | — | View 990 |
| 2013 | $1.1M | $1.1M | $2.7M | $820K | — | View 990 |
| 2012 | $1.1M | $1.1M | $3.2M | $1.2M | — | View 990 |
| 2011 | $1.1M | $996K | $3.5M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.9M, and assets of $2.6M (revenue +1.2% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.9M, and assets of $2.6M (revenue +7.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $2.6M (revenue +3.9% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $2.6M (revenue -6.2% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.9M, and assets of $2.6M (revenue +1.8% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $2.6M (revenue +10.8% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.8M, and assets of $2.8M (revenue +1.2% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $3.2M (revenue +8.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $3.2M (revenue +6.0% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $2.9M (revenue +27.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $2.7M (revenue -4.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $3.2M (revenue +3.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $996K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Rochester Association Of Realtors Inc:
Data Sources and Methodology
This transparency report for Greater Rochester Association Of Realtors 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.