Quick charity verification for Albany Med Health System (EIN: 141338310)
Verdict: Albany Med Health System appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising)
0% reported officer compensation, which is atypical for an organization of this size
Strengths
Consistent revenue growth (from $239,967,272 in 2011 to $290,735,439 in 2013)
Significant asset growth (from $216,718,045 in 2011 to $291,527,878 in 2013)
Positive operating margin in 2013 ($290,735,439 revenue vs. $287,275,988 expenses)
Healthy asset-to-liability ratio
Spending Breakdown
How Albany Med Health System allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Med Health System
Is Albany Med Health System a legitimate charity?
Based on AI analysis of IRS 990 filings, Albany Med Health System (EIN: 141338310) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Albany Med Health System a good charity to donate to?
Albany Med Health System has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Albany Med Health System?
The Employer Identification Number (EIN) for Albany Med Health System is 141338310. 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 Med Health System spend its money?
Albany Med Health System allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Albany Med Health System's tax-exempt status?
You can verify Albany Med Health System's tax-exempt status using EIN 141338310 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 Med Health System demonstrates consistent growth in revenue and assets over the three-year period analyzed. In 2013, the organization reported revenues of $290,735,439 against expenses of $287,275,988, indicating a positive operating margin. This trend of increasing financial scale suggests a growing capacity to deliver on its mission. The asset base has also expanded significantly, from $216,718,045 in 2011 to $291,527,878 in 2013, which could reflect investments in infrastructure or program capacity.
While the provided data does not offer a detailed breakdown of spending by program, administration, and fundraising, the overall financial health appears stable with a positive net asset position. The consistent growth in both revenue and assets, coupled with a generally balanced expense profile, suggests a well-managed organization. However, without more granular expense data, it's challenging to fully assess spending efficiency and the exact allocation towards direct program services versus overhead. The absence of reported officer compensation in the provided data points to a potential area for further transparency, as executive pay is a key indicator for many stakeholders.
Overall, Albany Med Health System appears to be a financially growing entity. Its increasing asset base and revenue suggest a robust operational capacity. A more detailed breakdown of expenses would enhance the assessment of its spending efficiency and program focus, while information on executive compensation would improve transparency.