BUFFALO EVENING NEWS CHARITY FUND

EIN: 166054306 501(c)(3) Philanthropy & Grantmaking

BUFFALO, NY

Total Revenue
$202,918
Total Expenses
$171,227
Total Assets
$336,885
Net Assets
$316,506
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
NY
Principal Officer
TOM WILEY
Phone
7168495570
Tax Period
2020-01-01 to 2020-12-31

BUFFALO EVENING NEWS CHARITY FUND, founded in 1948, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $203K in total revenue in fiscal year 2020. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $32K, a strong 16% operating margin.

Mission

THE BUFFALO EVENING NEWS CHARITY FUND RAISES MONEY TO PROVIDE FUNDRAISING SUPPORT TO VARIOUS CHARITABLE ORGANIZATIONS AND TO MAKE DONATIONS TO SPECIFIC INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $202,918
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $202,918

Expense Breakdown

Grants Paid $165,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $170,473
Other Expenses $6,227
TOTAL EXPENSES $171,227

Year-over-Year Comparison

2020 2019 Change
Revenue $202,918 $174,342 +0.2%
Expenses $171,227 $56,682 +2.0%
Net Income $31,691 $117,660 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN J DONOHUE TREASURER, THROUGH 7/20 1.00
Officer Director
$0 $0 $0
WARREN T COLVILLE PRESIDENT, THROUGH 3/20 1.00
Officer Director
$0 $0 $0
SANDRA LUEDKE SECRETARY 1.00
Officer Director
$0 $0 $0
MARY PARENT BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN HARBISON TREASURER, EFFECTIVE 8/1/20 1.00
Officer Director
$0 $0 $0
TOM WILEY PRESIDENT, EFFECTIVE 4/1/20 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $202,918 $171,227 $336,885 $31,691
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