Quick charity verification for Albany Med Health System (EIN: 141338547)
Verdict: Albany Med Health System shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising)
0% officer compensation reported, indicating a transparency issue or data omission
Absence of latest revenue and asset data for the current period
Strengths
Consistent revenue growth from $215M in 2011 to $338M in 2017
Steady increase in assets over the reporting period
Positive net income consistently reported, indicating financial stability
Spending Breakdown
How Albany Med Health System allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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: 141338547) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Albany Med Health System a good charity to donate to?
Albany Med Health System has a Mission Score of 65/100. 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 141338547. 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 70% to programs, 20% 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 141338547 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 financial growth over the past several years, with revenue increasing from $215 million in 2011 to $338 million in 2017. The organization consistently reports positive net income, indicating sound financial management. However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency. Without this information, it's challenging to determine the percentage of funds directly allocated to its mission-related programs versus overhead.
The organization's assets have also shown steady growth, reaching $380 million in 2017, while liabilities have remained manageable relative to assets. The absence of reported officer compensation across all filings is a significant transparency concern. While it's possible compensation is reported elsewhere or structured differently, its omission from the 'Officer Comp' field in the provided data hinders a full understanding of executive pay practices and could be perceived as a lack of transparency.
Overall, the financial health appears stable and growing based on top-line figures. However, the lack of detailed expense allocation and the absence of officer compensation data are notable gaps in transparency that prevent a complete evaluation of spending efficiency and accountability. A deeper dive into the full IRS 990 forms would be necessary to obtain these critical details.