University At Buffalo Foundation Inc
University At Buffalo Foundation maintains strong asset growth with no reported officer compensation amidst fluctuating revenues.
EIN: 160865182 · Buffalo, NY · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $343.1M |
| Total Expenses | $77.9M |
| Program Spending | 80% |
| Net Assets | $1.1B |
| Transparency Score | 85/100 |
Is University At Buffalo Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
University At Buffalo Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About University At Buffalo Foundation Inc
University At Buffalo Foundation Inc (EIN: 160865182) is a nonprofit organization based in Buffalo, NY, classified under NTEE code B11. The organization reported total revenue of $343.1M and total assets of $1.4B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University At Buffalo Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University At Buffalo Foundation Inc is a major nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82.8M |
| Total Expenses | $77.9M |
| Surplus / Deficit | +$4.8M |
| Total Assets | $1.4B |
| Total Liabilities | $244.4M |
| Net Assets | $1.1B |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 17.9% |
| Months of Reserves | 210.6 months |
Financial Health Grade: A
In 2023, University At Buffalo Foundation Inc reported a surplus of $4.8M with revenue exceeding expenses, holds 210.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), University At Buffalo Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.6% | +2.0% | +10.8% |
| 2022 | -58.6% | +10.0% | -11.3% |
| 2021 | +145.1% | +4.8% | +26.0% |
| 2020 | -14.9% | -12.3% | -2.2% |
| 2019 | -29.8% | +25.6% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2180 |
| IRS Ruling Date | 1963 |
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 University At Buffalo Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, University At Buffalo Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $4.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.9%.
Executive Compensation Analysis
The University At Buffalo Foundation Inc. reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is a highly positive sign, suggesting that leadership serves in a voluntary capacity or is compensated through other entities, and that the organization's resources are fully directed 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.
Strengths
The following positive indicators were identified for University At Buffalo Foundation Inc:
- Strong and consistent asset growth, nearly doubling from $896M in 2016 to $1.43B in 2023.
- No reported officer compensation across all filings, indicating high transparency and resource allocation to mission.
- Consistent expense management, typically between $60M and $77M annually, despite revenue volatility.
- Substantial asset base provides long-term financial stability for its mission.
Frequently Asked Questions about University At Buffalo Foundation Inc
Is University At Buffalo Foundation Inc a legitimate charity?
University At Buffalo Foundation Inc (EIN: 160865182) 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: $343.1M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does University At Buffalo Foundation Inc spend its money?
University At Buffalo Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to University At Buffalo Foundation Inc tax-deductible?
University At Buffalo Foundation Inc is registered as a tax-exempt nonprofit (EIN: 160865182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of University At Buffalo Foundation Inc's spending goes to programs?
University At Buffalo Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does University At Buffalo Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), University At Buffalo Foundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is University At Buffalo Foundation Inc located?
University At Buffalo Foundation Inc is headquartered in Buffalo, New York and files with the IRS under EIN 160865182. It is classified under NTEE code B11.
How many years of IRS 990 filings does University At Buffalo Foundation Inc have?
University At Buffalo Foundation 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 $343.1M in total revenue.
Is the University At Buffalo Foundation Inc. financially stable?
Yes, the foundation appears financially stable, evidenced by its substantial and growing asset base of $1.43 billion in the latest period and its ability to manage expenses consistently despite revenue fluctuations.
How does the foundation's revenue compare to its expenses?
Revenue has been highly variable, sometimes exceeding expenses (e.g., $82.7M revenue vs. $77.9M expenses in 2023) and sometimes falling below (e.g., $46.6M revenue vs. $76.4M expenses in 2022). However, the long-term trend shows consistent asset growth, suggesting effective overall financial management.
Does the foundation pay its officers?
No, the provided IRS 990 data consistently reports 0% officer compensation across all filings, indicating that officers are not directly compensated by the foundation.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $896 million in 2016 to $1.43 billion in the latest period (2023), indicating robust financial growth and endowment building.
Filing History
IRS 990 filing history for University At Buffalo Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), University At Buffalo Foundation Inc's revenue has declined by 3.1%, moving from $85.4M to $82.8M. Total assets increased by 88.8% over the same period, from $724.2M to $1.4B. Total functional expenses rose by 109.7%, from $37.2M to $77.9M. In its most recent filing year (2023), University At Buffalo Foundation Inc reported a surplus of $4.8M, with revenue exceeding expenses. The organization holds $244.4M in liabilities against $1.4B in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $1.1B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82.8M | $77.9M | $1.4B | $244.4M | — | View 990 |
| 2022 | $46.6M | $76.4M | $1.2B | $195.0M | — | View 990 |
| 2021 | $112.6M | $69.5M | $1.4B | $199.1M | — | View 990 |
| 2020 | $45.9M | $66.3M | $1.1B | $214.0M | — | View 990 |
| 2019 | $54.0M | $75.6M | $1.1B | $216.0M | — | View 990 |
| 2018 | $76.9M | $60.2M | $1.1B | $196.5M | — | View 990 |
| 2017 | $101.7M | $54.1M | $1.0B | $188.8M | — | View 990 |
| 2016 | $86.9M | $59.2M | $896.2M | $179.0M | — | View 990 |
| 2015 | $50.1M | $50.3M | $900.0M | $176.8M | — | View 990 |
| 2014 | $65.0M | $49.6M | $910.4M | $167.3M | — | View 990 |
| 2013 | $66.6M | $54.7M | $799.6M | $159.1M | — | View 990 |
| 2012 | $60.3M | $53.9M | $730.8M | $146.2M | — | View 990 |
| 2011 | $85.4M | $37.2M | $724.2M | $124.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82.8M, expenses of $77.9M, and assets of $1.4B (revenue +77.6% year-over-year).
- 2022: Revenue of $46.6M, expenses of $76.4M, and assets of $1.2B (revenue -58.6% year-over-year).
- 2021: Revenue of $112.6M, expenses of $69.5M, and assets of $1.4B (revenue +145.1% year-over-year).
- 2020: Revenue of $45.9M, expenses of $66.3M, and assets of $1.1B (revenue -14.9% year-over-year).
- 2019: Revenue of $54.0M, expenses of $75.6M, and assets of $1.1B (revenue -29.8% year-over-year).
- 2018: Revenue of $76.9M, expenses of $60.2M, and assets of $1.1B (revenue -24.4% year-over-year).
- 2017: Revenue of $101.7M, expenses of $54.1M, and assets of $1.0B (revenue +17.0% year-over-year).
- 2016: Revenue of $86.9M, expenses of $59.2M, and assets of $896.2M (revenue +73.7% year-over-year).
- 2015: Revenue of $50.1M, expenses of $50.3M, and assets of $900.0M (revenue -23.0% year-over-year).
- 2014: Revenue of $65.0M, expenses of $49.6M, and assets of $910.4M (revenue -2.4% year-over-year).
- 2013: Revenue of $66.6M, expenses of $54.7M, and assets of $799.6M (revenue +10.4% year-over-year).
- 2012: Revenue of $60.3M, expenses of $53.9M, and assets of $730.8M (revenue -29.4% year-over-year).
- 2011: Revenue of $85.4M, expenses of $37.2M, and assets of $724.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University At Buffalo Foundation Inc:
Data Sources and Methodology
This transparency report for University At Buffalo 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.