St Francis Of Buffalo Inc
St Francis Of Buffalo Inc faces persistent deficits and declining net assets despite revenue growth.
EIN: 161523535 · Buffalo, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.8M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $-180,602 |
| Transparency Score | 45/100 |
Is St Francis Of Buffalo Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Francis Of Buffalo Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About St Francis Of Buffalo Inc
St Francis Of Buffalo Inc (EIN: 161523535) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $2.7M and total assets of $10.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Francis Of Buffalo Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Francis Of Buffalo Inc is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-292,536 |
| Total Assets | $10.2M |
| Total Liabilities | $10.4M |
| Net Assets | $-180,602 |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 101.8% |
| Months of Reserves | 43.9 months |
Financial Health Grade: C
In 2023, St Francis Of Buffalo Inc reported a deficit of $293K with expenses exceeding revenue, holds 43.9 months of operating reserves (strong position), has a debt-to-asset ratio of 101.8% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.6% | +8.1% | -2.0% |
| 2022 | +21.5% | +9.2% | -0.5% |
| 2021 | +0.6% | +18.1% | -6.0% |
| 2020 | -1.1% | +0.5% | -2.7% |
| 2019 | +14.9% | +21.2% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 St Francis Of Buffalo Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, St Francis Of Buffalo Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $293K, with expenses exceeding revenue.
- Debt-to-asset ratio: 101.8%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, which is unusual for an organization with over $2 million in annual revenue and could indicate a volunteer-led executive team or that compensation is categorized differently, impacting transparency.
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 St Francis Of Buffalo Inc's IRS 990 filings:
- Consistent net deficits (e.g., $292,536 in 2023)
- Liabilities exceeding assets ($10,411,390 vs. $10,230,788 in 2023)
- Declining asset base (from $11,645,032 in 2018 to $10,230,788 in 2023)
- Lack of reported officer compensation, which can obscure leadership costs.
Strengths
The following positive indicators were identified for St Francis Of Buffalo Inc:
- Consistent revenue growth over the past five years (from $1,544,638 in 2018 to $2,502,343 in 2023)
Frequently Asked Questions about St Francis Of Buffalo Inc
Is St Francis Of Buffalo Inc a legitimate charity?
St Francis Of Buffalo Inc (EIN: 161523535) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. 4 red flags identified. 1 strength noted. Financial health grade: C.
How does St Francis Of Buffalo Inc spend its money?
St Francis Of Buffalo Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to St Francis Of Buffalo Inc tax-deductible?
St Francis Of Buffalo Inc is registered as a tax-exempt nonprofit (EIN: 161523535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Francis Of Buffalo Inc CEO make?
St Francis Of Buffalo Inc's highest-compensated officer earns $2 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Francis Of Buffalo Inc's spending goes to programs?
St Francis Of Buffalo Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is St Francis Of Buffalo Inc located?
St Francis Of Buffalo Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161523535.
How many years of IRS 990 filings does St Francis Of Buffalo Inc have?
St Francis Of Buffalo 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 $2.7M in total revenue.
Is St Francis Of Buffalo Inc financially sustainable?
Based on the consistent deficits (e.g., $292,536 in 2023) and the fact that liabilities ($10,411,390 in 2023) now exceed assets ($10,230,788 in 2023), the organization's financial sustainability is a significant concern.
Why are assets declining while liabilities are increasing?
Assets have declined from $11,645,032 in 2018 to $10,230,788 in 2023, while liabilities have generally risen, surpassing assets in 2023. This trend suggests that the organization is either liquidating assets or incurring more debt to cover its operational expenses, which are consistently higher than its revenues.
What is the reason for the consistent revenue-expense gap?
The organization has consistently spent more than it earned, with expenses exceeding revenue in every reported year since 2018 (e.g., $2,794,879 in expenses vs. $2,502,343 in revenue in 2023). Without detailed expense breakdowns, it's difficult to pinpoint the exact cause, but it indicates an operational model that is not currently self-sustaining.
Filing History
IRS 990 filing history for St Francis Of Buffalo Inc showing financial trends over 13 years of public records:
Total assets increased by 698.3% over the same period, from $1.3M to $10.2M. In its most recent filing year (2023), St Francis Of Buffalo Inc reported a deficit of $293K, with expenses exceeding revenue. The organization holds $10.4M in liabilities against $10.2M in assets (debt-to-asset ratio: 101.8%), resulting in net assets of $-180,602.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.8M | $10.2M | $10.4M | — | — |
| 2022 | $2.1M | $2.6M | $10.4M | $10.3M | — | View 990 |
| 2021 | $1.8M | $2.4M | $10.5M | $9.9M | — | View 990 |
| 2020 | $1.8M | $2.0M | $11.2M | $10.0M | — | View 990 |
| 2019 | $1.8M | $2.0M | $11.5M | $10.1M | — | View 990 |
| 2018 | $1.5M | $1.6M | $11.6M | $10.0M | — | View 990 |
| 2017 | $0 | $0 | $1.5M | $7K | — | — |
| 2016 | $0 | $0 | $1.4M | $7K | — | View 990 |
| 2015 | $0 | $0 | $1.4M | $7K | — | View 990 |
| 2014 | $0 | $0 | $1.4M | $7K | — | View 990 |
| 2013 | $0 | $0 | $1.4M | $236K | — | View 990 |
| 2012 | $0 | $0 | $1.3M | $349K | — | View 990 |
| 2011 | $0 | $0 | $1.3M | $470K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.8M, and assets of $10.2M (revenue +16.6% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.6M, and assets of $10.4M (revenue +21.5% year-over-year).
- 2021: Revenue of $1.8M, expenses of $2.4M, and assets of $10.5M (revenue +0.6% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.0M, and assets of $11.2M (revenue -1.1% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.0M, and assets of $11.5M (revenue +14.9% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.6M, and assets of $11.6M.
- 2017: Revenue of $0, expenses of $0, and assets of $1.5M.
- 2016: Revenue of $0, expenses of $0, and assets of $1.4M.
- 2015: Revenue of $0, expenses of $0, and assets of $1.4M.
- 2014: Revenue of $0, expenses of $0, and assets of $1.4M.
- 2013: Revenue of $0, expenses of $0, and assets of $1.4M.
- 2012: Revenue of $0, expenses of $0, and assets of $1.3M.
- 2011: Revenue of $0, expenses of $0, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Francis Of Buffalo Inc:
Data Sources and Methodology
This transparency report for St Francis Of Buffalo 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.