Civic Intelligence

Explore Buffalo Inc.

990 • Fiscal year 2021 • EIN 81-3080055

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 07, 2022

One Symphony CircleBuffalo, NY 14201

(716) 245-3032

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

0.86x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.31x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Net Margin

41st percentile

11%

Higher net margin than 41% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$80,396

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 17.1% of source-year revenue.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Asset Growth

89th percentile

126%

Faster asset growth than 89% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

57th percentile

36%

Faster revenue growth than 57% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$167,911

Up $93,576 (+126%) from 2020

Net Assets

Up

$24,149

Up $53,579 (+182%) from 2020

Liabilities

Up

$143,762

Up $39,997 (+39%) from 2020

Revenue

Up

$469,466

Up $123,811 (+36%) from 2020

Expenses

Up

$415,887

Up $112,899 (+37%) from 2020

Net Income

Up

$53,579

Up $10,912 (+26%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100KAssets 2017: $47,469Liabilities 2017: $72,642Net Assets 2017: -$25,1732017Assets 2018: $52,463Liabilities 2018: $98,118Net Assets 2018: -$45,6552018Assets 2019: $43,355Liabilities 2019: $115,452Net Assets 2019: -$72,0972019Assets 2020: $74,335Liabilities 2020: $103,765Net Assets 2020: -$29,4302020Assets 2021: $167,911Liabilities 2021: $143,762Net Assets 2021: $24,1492021Assets 2022: $84,670Liabilities 2022: $82,323Net Assets 2022: $2,3472022Assets 2023: $84,578Liabilities 2023: $85,353Net Assets 2023: -$7752023Assets 2024: $106,586Liabilities 2024: $112,825Net Assets 2024: -$6,2392024

Highlighted filing

2021

Assets$167,911
Liabilities$143,762
Net Assets$24,149

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2017: $163,012Expenses 2017: $188,185Net Income 2017: -$25,1732017Revenue 2018: $359,015Expenses 2018: $379,497Net Income 2018: -$20,4822018Revenue 2019: $391,581Expenses 2019: $418,023Net Income 2019: -$26,4422019Revenue 2020: $345,655Expenses 2020: $302,988Net Income 2020: $42,6672020Revenue 2021: $469,466Expenses 2021: $415,887Net Income 2021: $53,5792021Revenue 2022: $433,617Expenses 2022: $455,419Net Income 2022: -$21,8022022Revenue 2023: $496,971Expenses 2023: $500,093Net Income 2023: -$3,1222023Revenue 2024: $535,257Expenses 2024: $540,721Net Income 2024: -$5,4642024

Highlighted filing

2021

Revenue$469,466
Expenses$415,887
Net Income$53,579
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 7, 2022
Return Version
2021v4.2
Gross Receipts
$481,706
Mission and Program Overview

Mission

To provide tours and other opportunities to learn about and discover buffalos great architecture, history and neighborhoods. The tours are given by trained volunteers and are generally aimed at the general public, with many specific tours aimed at students and teachers

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$65,965$116,259▲ $50,294
Savings and Temporary Cash Investments-$25,001-
Land, Buildings, and Equipment, Net-$16,336-
Prepaid Expenses and Deferred Charges$7,809$8,460▲ $651
Accounts Receivable$561$1,855▲ $1,294
Total Assets$74,335$167,911▲ $93,576
Liabilities
Deferred Revenue$81,792$123,238▲ $41,446
Accounts Payable and Accrued Expenses$15,587$16,067▲ $480
Other Liabilities$6,386$4,457▼ $1,929
Total Liabilities$103,765$143,762▲ $39,997
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$28,530-
Net Assets Without Donor Restrictions$-29,430$-4,381▲ $25,049
Total Net Assets Fund Balance$-29,430$24,149▲ $53,579
Total Liabilities and Net Assets / Fund Balance$74,335$167,911▲ $93,576

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$16,336$4,084$20,420
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bradley HahnExecutive DirectorFT$80,396$80,396

Board Members and Trustees

NameTitle
Cindy GorskiPresident
Duncan HeminkVice President
Gary SzakmaryVice President
Barbara PetersonDirector
Brandi CaneDirector
Calder FlynnDirector
Danielle OssherDirector
Dave FijasDirector
Francesca BairdDirector
Kathy PollackDirector
Paul RizzoDirector
Ron EatonDirector
Sylvia LloydDirector
Tom MudraDirector
Trish KenyonDirector
Wayne MinearDirector
Gerri KozlowskiSecretary
Robert WetterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$338,466
Program Service Revenue
$129,505
Investment Income
$0
Other Revenue
$1,495
All Other Contributions
$177,999
Change in Net Assets
$53,579
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$296,464
Other Expenses$119,423
Total Fundraising Expense$66,133
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$131,520$2,932$43,918$178,370
Current Officers, Directors, Trustees, and Key Employees$56,740$16,211$8,106$81,057
Payroll Taxes$15,549$1,581$4,297$21,427
All Other Expenses$12,922-$4,998$17,920
Other Employee Benefits$11,328$1,152$3,130$15,610
Other Expenses$14,076$6,048-$14,076
Insurance$10,169--$10,169
Occupancy$6,096$620$1,684$8,400
Fees for Services Accounting-$5,012-$5,012
Depreciation Depletion$4,084--$4,084
Fees for Services Legal-$3,640-$3,640
Office Expenses-$3,347-$3,347
Advertising$2,484--$2,484
Conferences and Meetings-$309-$309
Travel-$82-$82
Total Functional Expenses$308,820$40,934$66,133$415,887
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,735
Fundraising Direct Expenses$12,240
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter Gala$30,909$7,148$4,048$3,100
Chicken Bbq$6,587$6,587-$6,587
Total Events$37,496$13,735$12,240$1,495
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Certificate Liability$4,457
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Paul and cindy gorski are spouses.

Form 990 governing body review Part VI line 11

The executive director, the treasurer and the finance committee are appointed by the board to review the 990 prior to signature.

Conflict of interest policy compliance Part VI line 12C

Each director shall, prior to election and annually thereafter, submit a written annual certification under the organizations conflict of interest policy. Prompt disclosure to the board in the interim is required if a potential conflict of interest arises. The board shall review all pertinent information to determine if a conflict of interest exists.

CEO executive director top management comp Part VI line 15A

The governing board sets the salary for the executive director. Compensation is discussedand voted at the board level.

Other officer or key employee compensation Part VI line 15B

The board appoints the executive director to set the key employee compensation.

Governing documents etc available to public Part VI line 19

Copies are available upon request.

Filing and Contact Details

Filer

Filer Name
Explore Buffalo Inc
EIN
81-3080055
Address
ONE SYMPHONY CIRCLE, BUFFALO, NY 14201

Signing Officer

Name
Bradley Hahn
Title
Executive Direc
Phone
7162453032
Signed
2022-07-07
Discuss with paid preparer
Yes

Organization Details

Formed
2016
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
7
Volunteers
300

Preparer

Firm
Barbara A Hauser CPA
Address
4535 Southwestern Blvd Suite 803B, Hamburg, NY 14075
Preparer
Barbara A Hauser
Phone
7166498605
Supplemental Narrative

Additional Explanations

General explanation attachment

Explore buffalo follows gaap for their explore pass revenue which is as follows:deferred subscription revenueincome from explorer pass subscriptions are deferred and recognized over the periods to which the subscription relates.

Raw XML AppendixShowing 400 of 550 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18SECRETARY
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IRS990/FormationYr02016
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IRS990/MissionDesc0TO PROVIDE TOURS AND OTHER OPPORTUNITIES TO LEARN ABOUT AND DISCOVER BUFFALOS GREAT ARCHITECTURE, HISTORY AND NEIGHBORHOODS. THE TOURS ARE GIVEN BY TRAINED VOLUNTEERS AND ARE GENERALLY AIMED AT THE GENERAL PUBLIC, WITH MANY SPECIFIC TOURS AIMED AT STUDENTS AND TEACHERS
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IRS990/OtherExpensesGrp/Desc0TOUR COSTS
IRS990/OtherExpensesGrp/Desc1FEES
IRS990/OtherExpensesGrp/Desc2COMMUNITY PROGRAMMING
IRS990/OtherExpensesGrp/Desc3SUPPLIES AND EQUIPMENT
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IRS990/OtherExpensesGrp/ProgramServicesAmt223261
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IRS990/ProgramServiceRevenueGrp/Desc0TOURS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc2EXPLORER PASS SUBSCRIPT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt066857
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IRS990/ProgSrvcAccomActy2Grp/Desc0A COMMUNITY PROGRAM, DOOR OPEN BUFFALO WAS PROVIDED WITH FREE PUBLIC ACCESS TO SIGNIFICANT BUILDING INTERIORS. THE VISION WAS TO BUILD RELATIONSHIPS FOR RESIDENTS AND VISITORS WITH BUFFALOS HISTORY AND ACHITECTURE. THIRTY FIVE DOWNTOWN BUILDINGS PARTICIPATED WITH 6,398 EVENT ATTENDEES. THIS WAS MADE POSSIBLE WITH MANY SPONSORS AND 275 EVENT VOLUNTEERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023261
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER EDUCATIONAL PROGRAMMING, INCLUDING SPEAKER SERIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017134
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt06245
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IRS990/RevenueAmt0123260
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt051461
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt098937
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0255415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0258718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0111551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0854126
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt01495
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000

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