Allentown Association Inc
Nonprofit profile at a glance
- EIN
- 160975342
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- Buffalo, NY, USA
- Phone
- 7168811024
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $81,171
- Expenses
- $60,171
- Assets
- $370,608
- Liabilities
- $128,741
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- LAINE WALNICKI (PRESIDENT)
People named in this filing
- LAINE WALNICKI (PRESIDENT)
- RACHEL MITCHELL-SPADE (VICE PRESIDE)
- JOSH WILSON (VICE PRESIDE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Civic improvement, economic development and charitable activities
What it reported doing in 2024
Beautification: purchase trees and schrubbery; provided street and sidewalk cleaners and ornimental lights
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 60
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.3%; rating input score 27
- Program expense ratio: 38.1%; rating input score 38
- Fundraising efficiency: $0.99 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 25.9%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 6.16; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -22.6% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -0.8% per year; rating input score 0; 57th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 27.3% of revenue deployed · 38.1% of spending went to programs
- Governance: 10 of 10 board members independent · 1 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $23K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- Moderate — Financial Efficiency: Program expense ratio scored 38/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.