THE WEST KORTRIGHT CENTRE INC ENDOWMENT

EIN: 166354222 501(c)(3) Philanthropy & Grantmaking

ONEONTA, NY

Total Revenue
$37,077
Total Expenses
$30,420
Total Assets
$695,987
Net Assets
$695,987
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NY
Principal Officer
COMMUNITY BANK NA
Phone
6074334127
Tax Period
2023-01-01 to 2023-12-31

THE WEST KORTRIGHT CENTRE INC ENDOWMENT, founded in 1990, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $37K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $7K, a strong 18% operating margin.

Mission

THE PROPERTY OF THE TRUST SHALL BE USED AT ALL TIMES FOR RELIGIOUS, CHARITABLE AND EDUCATIONAL PURPOSES, AND SPECIFICALLY: 1)TO PRESERVE, REPLACE, MAINTAIN, PROTECT, INSURE, RESTORE AND CARE FOR TEH SAID BUILDING, 2)TO PRESERVE, REPLACE, MAINTAIN, PROTECT, INSURE, RESTORE AND CARE FOR TEH OTHER PROPERTY, EITHER PURCHASED OR CONSTRUCTED, HEREINAFTER ACQUIRED FOR THE PURPOSE OF ENRICHING AND PROMOTING THE ACTIVITIES OF THE DONOR, 3)TO PERMIT, UNDER CATASTROPHIC CIRCUMSTANCES, THE TRUSTEE, IN ITS ABSOLUTE DISCRETION, AND AT THE REQUEST OF THE DONOR'S BOARD OF DIRECTORS, TO APPLY A PORTION OF THE PRINCIPAL TO RESTORE OR REPLACE THE SAID BUILDING, AND HEREINAFTER ACQUIRED BUILDING OR BUILDINGS, OR ANY PORTION THEREOF, AND 4)TO PROVIDE FOR THE PAYMENT OF THE COSTS OF THE ADMINISTRATION OF THE DONOR CORPORATION AND OF THE TRUST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $37,077
Other Revenue $0
TOTAL REVENUE $37,077

Expense Breakdown

Grants Paid $25,816
Salaries & Benefits $3,669
Fundraising Expenses $0
Program Expenses $25,816
Other Expenses $935
TOTAL EXPENSES $30,420

Year-over-Year Comparison

2023 2022 Change
Revenue $37,077 $39,046 -0.1%
Expenses $30,420 $26,829 +0.1%
Net Income $6,657 $12,217 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.0
$3,669 $0 $3,669
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $37,077 $30,420 $695,987 $6,657
2022 $39,046 $26,829 $689,339 $12,217
2021 $65,268 $23,947 $911,039 $41,321
2020 $29,815 $22,776 $827,249 $7,039
2019 $42,860 $22,952 $775,465 $19,908
2018 $33,157 $20,485 $677,882 $12,672
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