Old Fort Niagara Association Incorporated
Old Fort Niagara Association maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 160768721 · Youngstown, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.7M |
| Program Spending | 85% |
| Net Assets | $6.0M |
| Transparency Score | 90/100 |
Is Old Fort Niagara Association Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Old Fort Niagara Association Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Old Fort Niagara Association Incorporated
Old Fort Niagara Association Incorporated (EIN: 160768721) is a nonprofit organization based in Youngstown, NY. The organization reported total revenue of $2.5M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old Fort Niagara Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Old Fort Niagara Association Incorporated is a mid-size nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$117K |
| Total Assets | $6.4M |
| Total Liabilities | $481K |
| Net Assets | $6.0M |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 44.8 months |
Financial Health Grade: A
In 2023, Old Fort Niagara Association Incorporated reported a surplus of $117K with revenue exceeding expenses, holds 44.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Old Fort Niagara Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.4% | +8.2% | +3.5% |
| 2022 | -29.2% | +7.9% | -14.3% |
| 2021 | +72.9% | -1.8% | +21.0% |
| 2020 | -41.3% | -26.3% | +0.0% |
| 2019 | -30.6% | -1.2% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1941 |
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 Old Fort Niagara Association Incorporated with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Old Fort Niagara Association Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $117K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a highly positive indicator for directing funds towards its mission.
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 Old Fort Niagara Association Incorporated's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Old Fort Niagara Association Incorporated:
- Consistent Asset Growth: Assets have grown from $3,772,719 in 2014 to $6,441,680 in 2023, indicating strong financial stewardship.
- Zero Officer Compensation: No officer compensation reported across all filings, demonstrating a strong commitment to mission-focused spending.
- Healthy Liabilities-to-Assets Ratio: Liabilities remain low relative to assets, indicating financial stability.
- Long Filing History: 13 years of available IRS 990 data provides excellent transparency and allows for thorough financial trend analysis.
- Generally Positive Net Income: In most years, revenue has exceeded expenses, allowing for reinvestment and asset growth.
Frequently Asked Questions about Old Fort Niagara Association Incorporated
Is Old Fort Niagara Association Incorporated a legitimate charity?
Old Fort Niagara Association Incorporated (EIN: 160768721) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Old Fort Niagara Association Incorporated spend its money?
Old Fort Niagara Association Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Old Fort Niagara Association Incorporated tax-deductible?
Old Fort Niagara Association Incorporated is registered as a tax-exempt nonprofit (EIN: 160768721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Old Fort Niagara Association Incorporated's spending goes to programs?
Old Fort Niagara Association Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Old Fort Niagara Association Incorporated located?
Old Fort Niagara Association Incorporated is headquartered in Youngstown, New York and files with the IRS under EIN 160768721.
How many years of IRS 990 filings does Old Fort Niagara Association Incorporated have?
Old Fort Niagara Association Incorporated 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 $2.5M in total revenue.
How does the organization sustain operations without officer compensation?
The provided data indicates 0% officer compensation, suggesting that officers may be volunteers or compensated through other means not categorized as 'officer compensation' on the 990, or that the organization has a unique operational structure.
What is the primary source of revenue for the organization?
While specific revenue streams are not detailed in the provided summary, the organization consistently generates substantial revenue, ranging from $1.2 million to over $3 million annually, likely through admissions, donations, grants, and gift shop sales related to its historical site.
Has the organization experienced any significant financial challenges?
The organization experienced a dip in revenue in 2020 ($1,230,241) and a year in 2022 where expenses ($1,594,718) slightly exceeded revenue ($1,505,557), but overall, it has maintained a healthy financial position with growing assets.
Filing History
IRS 990 filing history for Old Fort Niagara Association Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Old Fort Niagara Association Incorporated's revenue has grown by 85%, moving from $996K to $1.8M. Total assets increased by 99% over the same period, from $3.2M to $6.4M. Total functional expenses rose by 41.3%, from $1.2M to $1.7M. In its most recent filing year (2023), Old Fort Niagara Association Incorporated reported a surplus of $117K, with revenue exceeding expenses. The organization holds $481K in liabilities against $6.4M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.7M | $6.4M | $481K | — | — |
| 2022 | $1.5M | $1.6M | $6.2M | $481K | — | View 990 |
| 2021 | $2.1M | $1.5M | $7.3M | $956K | — | View 990 |
| 2020 | $1.2M | $1.5M | $6.0M | $418K | — | View 990 |
| 2019 | $2.1M | $2.0M | $6.0M | $301K | — | View 990 |
| 2018 | $3.0M | $2.1M | $5.7M | $299K | — | View 990 |
| 2017 | $2.2M | $2.0M | $4.9M | $257K | — | View 990 |
| 2016 | $2.2M | $1.8M | $4.5M | $222K | — | View 990 |
| 2015 | $1.9M | $1.7M | $4.0M | $154K | — | View 990 |
| 2014 | $1.6M | $1.4M | $3.8M | $94K | — | View 990 |
| 2013 | $1.6M | $1.3M | $3.6M | $103K | — | View 990 |
| 2012 | $1.4M | $1.2M | $3.4M | $229K | — | View 990 |
| 2011 | $996K | $1.2M | $3.2M | $335K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.7M, and assets of $6.4M (revenue +22.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $6.2M (revenue -29.2% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.5M, and assets of $7.3M (revenue +72.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.5M, and assets of $6.0M (revenue -41.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $6.0M (revenue -30.6% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.1M, and assets of $5.7M (revenue +34.4% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.0M, and assets of $4.9M (revenue +0.6% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.8M, and assets of $4.5M (revenue +19.1% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.7M, and assets of $4.0M (revenue +16.2% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $3.8M (revenue +-0.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.3M, and assets of $3.6M (revenue +11.6% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.2M, and assets of $3.4M (revenue +45.3% year-over-year).
- 2011: Revenue of $996K, expenses of $1.2M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Old Fort Niagara Association Incorporated:
Data Sources and Methodology
This transparency report for Old Fort Niagara Association Incorporated 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.