COMMUNITY FOUNDATION FOR GREATER BUFFALO INC (EIN 222743917) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1919

Legal Domicile

Principal Officer

ELIZABETH CONSTANTINE

Phone

7168522857

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY FOUNDATION FOR GREATER BUFFALO INC, founded in 1919, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $48.7M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $46.6M left a modest 4% surplus.

Mission

TO CONNECT PEOPLE, IDEAS AND RESOURCES TO IMPROVE LIVES IN WESTERN NEW YORK.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $35,509,949

Program Service Revenue $0

Investment Income $12,024,564

Other Revenue $1,123,849

TOTAL REVENUE $48,658,362

Expense Breakdown

Grants Paid $38,236,066

Salaries & Benefits $5,544,396

Fundraising Expenses $296,678

Program Expenses $42,156,362

Other Expenses $2,835,078

TOTAL EXPENSES $46,615,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$48,658,362	$54,971,299	-0.1%
Expenses	$46,615,540	$41,559,311	+0.1%
Net Income	$2,042,822	$13,411,988	-0.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

106

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

$701,351

Total Directors

Key Employees

$318,959

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE FINCH	CHAIR	5.00	Officer Director	$0	$0	$0
TAMARA ALSACE PH D	VICE CHAIR	4.00	Officer Director	$0	$0	$0
OWEN HERNE ESQ	SECRETARY	4.00	Officer Director	$0	$0	$0
CHERYL JANKOWSKI CPA	TREASURER	4.00	Officer Director	$0	$0	$0
JENNIFER BALBACH	DIRECTOR	3.00	Director	$0	$0	$0
ROSALIND BURGUN	DIRECTOR	3.00	Director	$0	$0	$0
DAVID BLESY CPA	DIRECTOR	3.00	Director	$0	$0	$0
BONI R DURAND PHD	DIRECTOR	3.00	Director	$0	$0	$0
DARBY FISHKIN	DIRECTOR	3.00	Director	$0	$0	$0
DOTTIE GALLAGHER	DIRECTOR	3.00	Director	$0	$0	$0
SCOTT GARDNER	DIRECTOR	3.00	Director	$0	$0	$0
ALLEN PETE GRUM	DIRECTOR	3.00	Director	$0	$0	$0
ALICE JACOBS JD	DIRECTOR	3.00	Director	$0	$0	$0
JEFFREY KATZ ESQ	DIRECTOR	3.00	Director	$0	$0	$0
ALEX MONTANTE	DIRECTOR	3.00	Director	$0	$0	$0
JENNIFER PAULY	DIRECTOR	3.00	Director	$0	$0	$0
HAL PAYNE PH D	DIRECTOR	3.00	Director	$0	$0	$0
LUIS RODRIGUEZ	DIRECTOR	3.00	Director	$0	$0	$0
ROSE SCONIERS	DIRECTOR	3.00	Director	$0	$0	$0
JOHN SOMERS	DIRECTOR	3.00	Director	$0	$0	$0
NANCY WARE	DIRECTOR	3.00	Director	$0	$0	$0
ELIZABETH CONSTANTINE	PRESIDENT/CEO	55.00	Officer	$407,000	$59,397	$466,397
ELLEN MUSIALOWSKI	CFO	55.00	Officer	$211,667	$23,287	$234,954
MARIA WHYTE	CHIEF COMMUNITY IMPACT OFF	50.00	Key Emp	$274,546	$44,413	$318,959
CARA MATTELIANO	SENIOR DIRECTOR, POLICY AN	50.00	Highest	$169,850	$13,108	$182,958
JEAN MCKEOWN	SPECIAL ADVISOR TO PRESIDE	25.00	Highest	$196,700	$21,619	$218,319
MYRA LAWRENCE	V.P. FINANCE	50.00	Highest	$204,720	$34,191	$238,911
FELICIA BEARD	ASSOCIATE VICE PRESIDENT, RE PHILANTHROPY AND STRA	50.00	Highest	$180,500	$19,417	$199,917
HALIMAH MADYUN	ASSOCIATE VICE PRESIDENT ADMINISTRATIVE OPERATIONS	50.00	Highest	$178,500	$21,003	$199,503

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
2024	$48,658,362	$46,615,540	$944,045,975	$2,042,822
2023	$54,971,299	$41,559,311	$880,132,334	$13,411,988
2022	$56,537,676	$55,052,109	$772,638,253	$1,485,567
2021	$143,802,626	$47,739,302	$874,380,305	$96,063,324
2020	$53,285,057	$44,761,679	$668,671,266	$8,523,378
2019	$60,605,250	$38,027,210	$567,602,647	$22,578,040
2018	$36,690,988	$28,972,154	$453,587,642	$7,718,834

COMMUNITY FOUNDATION FOR GREATER BUFFALO INC