Seniorfirst Foundation Inc
Seniorfirst Foundation Inc. shows inconsistent annual financial performance but maintains a stable asset base and reports no officer compensation.
EIN: 161378080 · Rochester, NY · NTEE: P73I · Updated: 2026-03-28
Is Seniorfirst Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seniorfirst Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seniorfirst Foundation Inc
Seniorfirst Foundation Inc (EIN: 161378080) is a nonprofit organization based in Rochester, NY, classified under NTEE code P73I. The organization reported total revenue of $3.6M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seniorfirst Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Seniorfirst Foundation 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Seniorfirst Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with assets 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 Seniorfirst Foundation Inc's IRS 990 filings:
- Significant annual fluctuations in revenue and expenses, indicating potential instability or reliance on unpredictable funding.
- Multiple years where expenses substantially exceeded revenue (e.g., 2022, 2017, 2014) without clear explanation of funding sources for the deficit.
Strengths
The following positive indicators were identified for Seniorfirst Foundation Inc:
- Consistent reporting of 0% officer compensation, demonstrating a commitment to directing funds to the mission.
- Maintains a stable asset base (generally above $1.8 million), providing a financial cushion despite operational fluctuations.
- Positive net income in recent years (2023, 2021, 2020, 2019), showing periods of financial health.
Frequently Asked Questions about Seniorfirst Foundation Inc
Is Seniorfirst Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seniorfirst Foundation Inc (EIN: 161378080) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Seniorfirst Foundation Inc spend its money?
Seniorfirst Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seniorfirst Foundation Inc tax-deductible?
Seniorfirst Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161378080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant expense spikes in 2014, 2017, and 2022?
The provided data shows expenses of $1,503,194 in 2014, $1,109,065 in 2017, and $908,487 in 2022. Understanding the nature of these expenditures (e.g., specific program initiatives, capital investments, or operational overruns) would provide crucial insight into the organization's financial management.
How does Seniorfirst Foundation Inc. fund its operations during years when expenses exceed revenue?
In several years, such as 2022 ($281,966 revenue vs. $908,487 expenses), the organization spent significantly more than it brought in. This suggests reliance on accumulated assets, investment income, or other non-operating revenue sources not detailed in the provided summary.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data only offers total expenses. A detailed breakdown is essential to accurately assess the organization's spending efficiency and ensure a high percentage of funds are directed towards its NTEE code P73I mission (Services for the Elderly).
Filing History
IRS 990 filing history for Seniorfirst Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seniorfirst Foundation Inc's revenue has declined by 40.5%, moving from $198K to $118K. Total assets decreased by 45% over the same period, from $3.3M to $1.8M. Total functional expenses fell by 71.3%, from $290K to $83K. In its most recent filing year (2023), Seniorfirst Foundation Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $16K in liabilities against $1.8M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $83K | $1.8M | $16K | — | View 990 |
| 2022 | $282K | $908K | $1.8M | $176K | — | View 990 |
| 2021 | $335K | $170K | $2.9M | $142K | — | View 990 |
| 2020 | $151K | $57K | $2.7M | $211K | — | View 990 |
| 2019 | $228K | $160K | $2.6M | $312K | — | View 990 |
| 2018 | $210K | $245K | $2.4M | $420K | — | View 990 |
| 2017 | $519K | $1.1M | $2.7M | $496K | — | View 990 |
| 2016 | $158K | $396K | $2.9M | $18K | — | View 990 |
| 2015 | $275K | $391K | $3.0M | $15K | — | View 990 |
| 2014 | $766K | $1.5M | $3.2M | $19K | — | View 990 |
| 2013 | $395K | $352K | $4.0M | $14K | — | View 990 |
| 2012 | $274K | $270K | $3.6M | $40K | — | View 990 |
| 2011 | $198K | $290K | $3.3M | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $83K, and assets of $1.8M (revenue -58.3% year-over-year).
- 2022: Revenue of $282K, expenses of $908K, and assets of $1.8M (revenue -15.7% year-over-year).
- 2021: Revenue of $335K, expenses of $170K, and assets of $2.9M (revenue +121.0% year-over-year).
- 2020: Revenue of $151K, expenses of $57K, and assets of $2.7M (revenue -33.6% year-over-year).
- 2019: Revenue of $228K, expenses of $160K, and assets of $2.6M (revenue +8.5% year-over-year).
- 2018: Revenue of $210K, expenses of $245K, and assets of $2.4M (revenue -59.5% year-over-year).
- 2017: Revenue of $519K, expenses of $1.1M, and assets of $2.7M (revenue +227.7% year-over-year).
- 2016: Revenue of $158K, expenses of $396K, and assets of $2.9M (revenue -42.4% year-over-year).
- 2015: Revenue of $275K, expenses of $391K, and assets of $3.0M (revenue -64.1% year-over-year).
- 2014: Revenue of $766K, expenses of $1.5M, and assets of $3.2M (revenue +93.8% year-over-year).
- 2013: Revenue of $395K, expenses of $352K, and assets of $4.0M (revenue +44.2% year-over-year).
- 2012: Revenue of $274K, expenses of $270K, and assets of $3.6M (revenue +38.7% year-over-year).
- 2011: Revenue of $198K, expenses of $290K, and assets of $3.3M.
Data Sources and Methodology
This transparency report for Seniorfirst Foundation 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.