Wolferts Roost Inc
Wolferts Roost Inc. maintains operational balance but carries more liabilities than assets.
EIN: 141187970 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $4.7M |
| Program Spending | 75% |
| Net Assets | $-454,411 |
| Transparency Score | 70/100 |
Is Wolferts Roost Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wolferts Roost Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wolferts Roost Inc
Wolferts Roost Inc (EIN: 141187970) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $5.9M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolferts Roost Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolferts Roost Inc is a mid-size nonprofit that has been operating for 62 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$56K |
| Total Assets | $3.9M |
| Total Liabilities | $4.4M |
| Net Assets | $-454,411 |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 111.5% |
| Months of Reserves | 10.0 months |
Financial Health Grade: A
In 2023, Wolferts Roost Inc reported a surplus of $56K with revenue exceeding expenses, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 111.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Wolferts Roost Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | -2.7% | -12.2% |
| 2022 | -1.4% | +21.8% | +25.2% |
| 2021 | +62.0% | +15.7% | +19.5% |
| 2020 | -17.1% | -8.7% | -7.2% |
| 2019 | +9.2% | +2.0% | -13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Wolferts Roost Inc with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Wolferts Roost Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 111.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either that officers are uncompensated or that their compensation is not reported in a way that is captured by this metric, which is a strong positive for donor perception of financial stewardship.
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 Wolferts Roost Inc's IRS 990 filings:
- Liabilities consistently exceed assets in recent years (e.g., 2023: $4,395,088 liabilities vs. $3,940,677 assets), indicating potential long-term financial strain.
- Lack of detailed spending breakdown (program, admin, fundraising) prevents a full assessment of spending efficiency.
- NTEE code is unknown, making it difficult to benchmark against peer organizations.
Strengths
The following positive indicators were identified for Wolferts Roost Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship or volunteer leadership.
- Generally manages to keep expenses close to or below revenue in recent years (e.g., 2023 revenue $4,805,848 vs. expenses $4,749,436), showing operational control.
- Long filing history (14 filings) suggests established operations and commitment to transparency through IRS reporting.
Frequently Asked Questions about Wolferts Roost Inc
Is Wolferts Roost Inc a legitimate charity?
Wolferts Roost Inc (EIN: 141187970) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $5.9M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Wolferts Roost Inc spend its money?
Wolferts Roost Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Wolferts Roost Inc tax-deductible?
Wolferts Roost Inc is registered as a tax-exempt nonprofit (EIN: 141187970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wolferts Roost Inc's spending goes to programs?
Wolferts Roost Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Wolferts Roost Inc located?
Wolferts Roost Inc is headquartered in Albany, New York and files with the IRS under EIN 141187970.
How many years of IRS 990 filings does Wolferts Roost Inc have?
Wolferts Roost Inc has 14 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 $5.9M in total revenue.
Is Wolferts Roost Inc. financially stable?
While the organization has generally managed to keep expenses below or close to revenue in recent years (e.g., 2023 revenue $4,805,848 vs. expenses $4,749,436), its liabilities have consistently exceeded its assets (e.g., 2023 assets $3,940,677 vs. liabilities $4,395,088), which could indicate long-term financial vulnerability.
How efficient is Wolferts Roost Inc. with its spending?
Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency assessment is challenging. However, the organization generally operates with expenses close to revenue, suggesting a degree of operational control.
What is the trend in Wolferts Roost Inc.'s assets and liabilities?
Assets have fluctuated, decreasing from $4,489,924 in 2022 to $3,940,677 in 2023. Liabilities have consistently been higher than assets in recent years, such as $4,395,088 in liabilities against $3,940,677 in assets in 2023.
Does Wolferts Roost Inc. compensate its officers?
According to the provided IRS 990 data, officer compensation is consistently reported as 0% across all available filing periods, suggesting officers are not compensated or their compensation is not reported under this category.
Filing History
IRS 990 filing history for Wolferts Roost Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Wolferts Roost Inc's revenue has grown by 13.2%, moving from $4.2M to $4.8M. Total assets decreased by 36.9% over the same period, from $6.2M to $3.9M. Total functional expenses rose by 11.9%, from $4.2M to $4.7M. In its most recent filing year (2023), Wolferts Roost Inc reported a surplus of $56K, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $3.9M in assets (debt-to-asset ratio: 111.5%), resulting in net assets of $-454,411.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $4.7M | $3.9M | $4.4M | — | View 990 |
| 2022 | $4.7M | $4.9M | $4.5M | $5.0M | — | — |
| 2021 | $4.7M | $4.0M | $3.6M | $3.9M | — | View 990 |
| 2020 | $2.9M | $3.5M | $3.0M | $4.0M | — | View 990 |
| 2019 | $3.5M | $3.8M | $3.2M | $3.7M | — | View 990 |
| 2018 | $3.2M | $3.7M | $3.7M | $3.9M | — | View 990 |
| 2017 | $3.6M | $3.8M | $4.2M | $3.9M | — | View 990 |
| 2016 | $3.8M | $4.5M | $4.1M | $3.6M | — | View 990 |
| 2015 | $3.6M | $4.2M | $4.4M | $3.1M | — | View 990 |
| 2014 | $3.6M | $4.1M | $4.5M | $2.7M | — | View 990 |
| 2013 | $3.8M | $3.9M | $5.0M | $2.6M | — | View 990 |
| 2012 | $4.0M | $4.0M | $5.5M | $3.1M | — | View 990 |
| 2011 | $4.2M | $4.2M | $5.8M | $3.4M | — | View 990 |
| 2010 | $4.2M | $4.2M | $6.2M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $4.7M, and assets of $3.9M (revenue +3.2% year-over-year).
- 2022: Revenue of $4.7M, expenses of $4.9M, and assets of $4.5M (revenue -1.4% year-over-year).
- 2021: Revenue of $4.7M, expenses of $4.0M, and assets of $3.6M (revenue +62.0% year-over-year).
- 2020: Revenue of $2.9M, expenses of $3.5M, and assets of $3.0M (revenue -17.1% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.8M, and assets of $3.2M (revenue +9.2% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.7M, and assets of $3.7M (revenue -11.4% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.8M, and assets of $4.2M (revenue -3.9% year-over-year).
- 2016: Revenue of $3.8M, expenses of $4.5M, and assets of $4.1M (revenue +3.7% year-over-year).
- 2015: Revenue of $3.6M, expenses of $4.2M, and assets of $4.4M (revenue +1.9% year-over-year).
- 2014: Revenue of $3.6M, expenses of $4.1M, and assets of $4.5M (revenue -7.0% year-over-year).
- 2013: Revenue of $3.8M, expenses of $3.9M, and assets of $5.0M (revenue -4.8% year-over-year).
- 2012: Revenue of $4.0M, expenses of $4.0M, and assets of $5.5M (revenue -4.4% year-over-year).
- 2011: Revenue of $4.2M, expenses of $4.2M, and assets of $5.8M (revenue -0.4% year-over-year).
- 2010: Revenue of $4.2M, expenses of $4.2M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolferts Roost Inc:
Data Sources and Methodology
This transparency report for Wolferts Roost 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.