Rochesterworks Inc
Rochesterworks Inc. consistently operates with minimal surplus/deficit and reports no officer compensation.
EIN: 161596825 · Rochester, NY · NTEE: J20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.6M |
| Total Expenses | $8.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $547K |
| Transparency Score | 92/100 |
Is Rochesterworks Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochesterworks Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rochesterworks Inc
Rochesterworks Inc (EIN: 161596825) is a nonprofit organization based in Rochester, NY, classified under NTEE code J20. The organization reported total revenue of $9.6M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochesterworks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochesterworks Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.3M |
| Total Expenses | $8.2M |
| Surplus / Deficit | +$37K |
| Total Assets | $1.7M |
| Total Liabilities | $1.1M |
| Net Assets | $547K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 66.9% |
| Months of Reserves | 2.4 months |
Financial Health Grade: B
In 2023, Rochesterworks Inc reported a surplus of $37K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 66.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rochesterworks Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | +7.0% | +19.5% |
| 2022 | +8.9% | +11.9% | +37.3% |
| 2021 | -16.6% | -21.8% | -21.6% |
| 2020 | -2.4% | +1.8% | +10.0% |
| 2019 | +5.3% | +7.0% | -17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Rochesterworks 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Rochesterworks Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.9%.
Executive Compensation Analysis
Rochesterworks Inc. consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $8 million. This suggests either a volunteer-led executive team or compensation structured in a way that is not reported as officer compensation on the 990, which warrants further investigation for complete understanding.
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 Rochesterworks Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size may indicate compensation is reported under other categories, requiring deeper scrutiny for full transparency.
Strengths
The following positive indicators were identified for Rochesterworks Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to programs.
- Stable financial operations with revenues and expenses closely aligned over many years.
- Consistent growth in assets, from $1,215,797 in 2015 to $1,654,060 in 2023, demonstrating financial health.
- Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
- Lean operational model with minimal surpluses or deficits, suggesting efficient use of funds.
Frequently Asked Questions about Rochesterworks Inc
Is Rochesterworks Inc a legitimate charity?
Rochesterworks Inc (EIN: 161596825) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.6M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Rochesterworks Inc spend its money?
Rochesterworks Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Rochesterworks Inc tax-deductible?
Rochesterworks Inc is registered as a tax-exempt nonprofit (EIN: 161596825). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rochesterworks Inc CEO make?
Rochesterworks Inc's highest-compensated officer earns $8 annually. The organization reported $9.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rochesterworks Inc's spending goes to programs?
Rochesterworks Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rochesterworks Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Rochesterworks Inc is above average for NTEE category J20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rochesterworks Inc located?
Rochesterworks Inc is headquartered in Rochester, New York and files with the IRS under EIN 161596825. It is classified under NTEE code J20.
How many years of IRS 990 filings does Rochesterworks Inc have?
Rochesterworks 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 $9.6M in total revenue.
Is Rochesterworks Inc. a good charity?
Based on the available financial data, Rochesterworks Inc. appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its revenues and expenses are closely aligned, and assets have grown steadily, suggesting stable and responsible financial management.
How does Rochesterworks Inc. manage its executive compensation?
The IRS 990 filings for Rochesterworks Inc. consistently report 0% officer compensation. This is a significant finding for an organization of its size and suggests that executive leadership may be volunteer-based or compensated through mechanisms not classified as officer compensation on the 990 form.
What is the trend in Rochesterworks Inc.'s financial health?
Rochesterworks Inc. shows a stable financial trend. Revenues and expenses have generally increased over the past decade, from $6,866,872 revenue in 2014 to $8,261,376 in 2023. Assets have also grown from $1,215,797 in 2015 to $1,654,060 in 2023, indicating a healthy and growing financial position.
Filing History
IRS 990 filing history for Rochesterworks Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rochesterworks Inc's revenue has grown by 21.1%, moving from $6.8M to $8.3M. Total assets increased by 267% over the same period, from $451K to $1.7M. Total functional expenses rose by 21.8%, from $6.8M to $8.2M. In its most recent filing year (2023), Rochesterworks Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $1.7M in assets (debt-to-asset ratio: 66.9%), resulting in net assets of $547K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.3M | $8.2M | $1.7M | $1.1M | — | View 990 |
| 2022 | $7.7M | $7.7M | $1.4M | $874K | — | View 990 |
| 2021 | $7.0M | $6.9M | $1.0M | $470K | — | View 990 |
| 2020 | $8.4M | $8.8M | $1.3M | $913K | — | View 990 |
| 2019 | $8.6M | $8.6M | $1.2M | $455K | — | View 990 |
| 2018 | $8.2M | $8.0M | $1.4M | $733K | — | View 990 |
| 2017 | $8.6M | $8.7M | $1.7M | $1.2M | — | View 990 |
| 2016 | $8.1M | $8.3M | $1.4M | $775K | — | View 990 |
| 2015 | $7.3M | $7.3M | $1.2M | $429K | — | View 990 |
| 2014 | $6.9M | $6.6M | $1.5M | $707K | — | View 990 |
| 2013 | $7.0M | $6.8M | $1.4M | $917K | — | View 990 |
| 2012 | $6.3M | $6.3M | $729K | $509K | — | View 990 |
| 2011 | $6.8M | $6.8M | $451K | $302K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.3M, expenses of $8.2M, and assets of $1.7M (revenue +7.9% year-over-year).
- 2022: Revenue of $7.7M, expenses of $7.7M, and assets of $1.4M (revenue +8.9% year-over-year).
- 2021: Revenue of $7.0M, expenses of $6.9M, and assets of $1.0M (revenue -16.6% year-over-year).
- 2020: Revenue of $8.4M, expenses of $8.8M, and assets of $1.3M (revenue -2.4% year-over-year).
- 2019: Revenue of $8.6M, expenses of $8.6M, and assets of $1.2M (revenue +5.3% year-over-year).
- 2018: Revenue of $8.2M, expenses of $8.0M, and assets of $1.4M (revenue -5.0% year-over-year).
- 2017: Revenue of $8.6M, expenses of $8.7M, and assets of $1.7M (revenue +7.1% year-over-year).
- 2016: Revenue of $8.1M, expenses of $8.3M, and assets of $1.4M (revenue +9.8% year-over-year).
- 2015: Revenue of $7.3M, expenses of $7.3M, and assets of $1.2M (revenue +6.9% year-over-year).
- 2014: Revenue of $6.9M, expenses of $6.6M, and assets of $1.5M (revenue -2.6% year-over-year).
- 2013: Revenue of $7.0M, expenses of $6.8M, and assets of $1.4M (revenue +11.2% year-over-year).
- 2012: Revenue of $6.3M, expenses of $6.3M, and assets of $729K (revenue -7.1% year-over-year).
- 2011: Revenue of $6.8M, expenses of $6.8M, and assets of $451K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochesterworks Inc:
Data Sources and Methodology
This transparency report for Rochesterworks 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.