Rochester Management Inc
Rochester Management Inc. shows consistent growth but reported a deficit in its latest 2023 filing.
EIN: 161556654 · Rochester, NY · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.9M |
| Total Expenses | $12.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $13.8M |
| Transparency Score | 85/100 |
Is Rochester Management Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochester Management Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rochester Management Inc
Rochester Management Inc (EIN: 161556654) is a nonprofit organization based in Rochester, NY, classified under NTEE code L21. The organization reported total revenue of $12.9M and total assets of $17.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochester Management Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochester Management Inc is a large nonprofit that has been operating for 27 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 | $11.9M |
| Total Expenses | $12.4M |
| Surplus / Deficit | $-497,341 |
| Total Assets | $15.1M |
| Total Liabilities | $1.3M |
| Net Assets | $13.8M |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 14.7 months |
Financial Health Grade: B
In 2023, Rochester Management Inc reported a deficit of $497K with expenses exceeding revenue, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rochester Management Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.8% | +18.3% | -3.4% |
| 2022 | +8.6% | +16.2% | +3.7% |
| 2021 | +23.6% | +13.2% | +3.4% |
| 2020 | +0.1% | -0.3% | +10.2% |
| 2019 | +3.0% | +6.0% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Rochester Management Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Rochester Management Inc 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 deficit of $497K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Rochester Management Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees. This suggests a strong commitment to directing financial resources towards the organization's mission rather than executive pay, especially for an organization with over $11 million in annual revenue.
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 Rochester Management Inc's IRS 990 filings:
- Expenses exceeded revenue in the 2023 filing by $497,341, a deviation from prior years' surpluses.
Strengths
The following positive indicators were identified for Rochester Management Inc:
- Consistent revenue growth over the past decade, from $7.1M in 2014 to $11.8M in 2023.
- Significant asset growth, from $7.2M in 2014 to $15.1M in 2023, indicating strong financial health.
- 0% officer compensation reported across all filings, demonstrating excellent financial stewardship regarding executive pay.
- Low liabilities relative to assets, with liabilities of $1,320,262 against assets of $15,139,296 in 2023.
Frequently Asked Questions about Rochester Management Inc
Is Rochester Management Inc a legitimate charity?
Rochester Management Inc (EIN: 161556654) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Rochester Management Inc spend its money?
Rochester Management Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rochester Management Inc tax-deductible?
Rochester Management Inc is registered as a tax-exempt nonprofit (EIN: 161556654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rochester Management Inc CEO make?
Rochester Management Inc's highest-compensated officer earns $11 annually. The organization reported $12.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rochester Management Inc's spending goes to programs?
Rochester Management Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rochester Management Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rochester Management Inc is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rochester Management Inc located?
Rochester Management Inc is headquartered in Rochester, New York and files with the IRS under EIN 161556654. It is classified under NTEE code L21.
How many years of IRS 990 filings does Rochester Management Inc have?
Rochester Management 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 $12.9M in total revenue.
Is Rochester Management Inc. financially stable?
Yes, Rochester Management Inc. appears financially stable, with assets growing from $7,216,365 in 2014 to $15,139,296 in 2023. While the 2023 filing showed expenses exceeding revenue by $497,341, this single-year deficit follows many years of revenue exceeding expenses, and the organization maintains substantial assets.
How does Rochester Management Inc. manage executive compensation?
Rochester Management Inc. reports 0% officer compensation in all available IRS 990 filings, meaning no compensation was paid to its officers, directors, or trustees. This is a highly positive indicator of financial stewardship.
Has Rochester Management Inc. experienced revenue growth?
Yes, Rochester Management Inc. has shown significant revenue growth, increasing from $7,182,304 in 2014 to $11,884,676 in 2023, demonstrating a strong upward trend over the past decade.
Filing History
IRS 990 filing history for Rochester Management Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rochester Management Inc's revenue has grown by 75.9%, moving from $6.8M to $11.9M. Total assets increased by 215.7% over the same period, from $4.8M to $15.1M. Total functional expenses rose by 94.9%, from $6.4M to $12.4M. In its most recent filing year (2023), Rochester Management Inc reported a deficit of $497K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $15.1M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.9M | $12.4M | $15.1M | $1.3M | — | — |
| 2022 | $11.0M | $10.5M | $15.7M | $1.4M | — | View 990 |
| 2021 | $10.1M | $9.0M | $15.1M | $1.0M | — | View 990 |
| 2020 | $8.2M | $8.0M | $14.6M | $1.9M | — | — |
| 2019 | $8.2M | $8.0M | $13.3M | $889K | — | View 990 |
| 2018 | $8.0M | $7.5M | $13.2M | $1.0M | — | View 990 |
| 2017 | $7.8M | $7.2M | $12.8M | $1.1M | — | View 990 |
| 2016 | $10.9M | $7.0M | $11.9M | $822K | — | View 990 |
| 2015 | $7.8M | $7.2M | $7.9M | $785K | — | View 990 |
| 2014 | $7.2M | $6.4M | $7.2M | $518K | — | View 990 |
| 2013 | $6.9M | $6.2M | $6.4M | $523K | — | View 990 |
| 2012 | $7.0M | $6.2M | $5.7M | $542K | — | View 990 |
| 2011 | $6.8M | $6.4M | $4.8M | $467K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.9M, expenses of $12.4M, and assets of $15.1M (revenue +7.8% year-over-year).
- 2022: Revenue of $11.0M, expenses of $10.5M, and assets of $15.7M (revenue +8.6% year-over-year).
- 2021: Revenue of $10.1M, expenses of $9.0M, and assets of $15.1M (revenue +23.6% year-over-year).
- 2020: Revenue of $8.2M, expenses of $8.0M, and assets of $14.6M (revenue +0.1% year-over-year).
- 2019: Revenue of $8.2M, expenses of $8.0M, and assets of $13.3M (revenue +3.0% year-over-year).
- 2018: Revenue of $8.0M, expenses of $7.5M, and assets of $13.2M (revenue +1.5% year-over-year).
- 2017: Revenue of $7.8M, expenses of $7.2M, and assets of $12.8M (revenue -28.3% year-over-year).
- 2016: Revenue of $10.9M, expenses of $7.0M, and assets of $11.9M (revenue +41.2% year-over-year).
- 2015: Revenue of $7.8M, expenses of $7.2M, and assets of $7.9M (revenue +8.0% year-over-year).
- 2014: Revenue of $7.2M, expenses of $6.4M, and assets of $7.2M (revenue +4.1% year-over-year).
- 2013: Revenue of $6.9M, expenses of $6.2M, and assets of $6.4M (revenue -1.1% year-over-year).
- 2012: Revenue of $7.0M, expenses of $6.2M, and assets of $5.7M (revenue +3.3% year-over-year).
- 2011: Revenue of $6.8M, expenses of $6.4M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochester Management Inc:
Data Sources and Methodology
This transparency report for Rochester Management 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.