No reported officer compensation, indicating a strong commitment to mission-focused spending.
Steady growth in assets over the past decade, from $5,733,548 in 201502 to $11,001,125 in 202402.
Consistent revenue growth, from $8,123,125 in 201502 to $11,671,063 in 202402.
Regular and extensive IRS 990 filing history (13 filings), indicating strong transparency.
Spending Breakdown
How Albany County Opportunity Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Albany County Opportunity Incorporated
Is Albany County Opportunity Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Albany County Opportunity Incorporated (EIN: 146037204) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Albany County Opportunity Incorporated a good charity to donate to?
Albany County Opportunity Incorporated has a Mission Score of 90/100. Revenue: $12.6M. Assets: $11.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Albany County Opportunity Incorporated?
The Employer Identification Number (EIN) for Albany County Opportunity Incorporated is 146037204. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Albany County Opportunity Incorporated spend its money?
Albany County Opportunity Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Albany County Opportunity Incorporated's tax-exempt status?
You can verify Albany County Opportunity Incorporated's tax-exempt status using EIN 146037204 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Albany County Opportunity Incorporated demonstrates consistent financial health, with revenues steadily increasing over the past decade, reaching $11,671,063 in the latest filing period (202402). The organization consistently operates with a surplus, as evidenced by its revenues exceeding expenses in all reported periods, indicating sound financial management. For instance, in 202402, revenue was $11,671,063 against expenses of $11,029,582, resulting in a surplus of over $640,000. This consistent surplus has contributed to a healthy growth in assets, which have increased from $5,733,548 in 201502 to $11,001,125 in 202402.
The organization's spending efficiency appears strong, with a significant portion of its expenses likely directed towards program services, given the consistent operational surpluses and asset growth. The absence of reported officer compensation across all filings suggests a commitment to directing resources towards its mission rather than executive salaries, which is a positive indicator of financial stewardship and transparency. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to transparency and accountability.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial trends suggest a well-managed organization. The growth in assets and consistent positive net income indicate a sustainable financial model. The lack of reported officer compensation is a notable strength in terms of transparency and resource allocation.