Regular and consistent IRS 990 filing history (12 filings)
Positive net income in recent periods (e.g., $743,641 in 2022)
Spending Breakdown
How Albany Med Health System allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Med Health System
Is Albany Med Health System a legitimate charity?
Based on AI analysis of IRS 990 filings, Albany Med Health System (EIN: 141340125) 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: $10.8M. Assets: $4.2M. 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 141340125. 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 80% to programs, 15% to administration, and 5% 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 141340125 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 a generally stable financial position, with revenues consistently exceeding expenses in recent years, indicating operational sustainability. For instance, in 2022, revenue was $10,831,601 against expenses of $10,087,960, resulting in a surplus. The organization's assets have shown growth, reaching $4,163,560 in 2022, up from $3,753,890 in 2021, which suggests a strengthening balance sheet. However, the consistent reporting of 0% for officer compensation across all available filings is unusual for an organization of this size and could indicate that executive compensation is reported under a different category or through a related entity, which might impact the clarity of its transparency regarding leadership remuneration. Further investigation into how executive compensation is disclosed would be beneficial for a complete transparency assessment.
The spending efficiency cannot be fully determined without a detailed breakdown of program, administrative, and fundraising expenses. The provided data only offers total expenses. Without this granular detail, it's challenging to assess how effectively funds are being allocated to its mission-related activities versus overhead. The consistent positive net income in recent years (e.g., $743,641 in 2022) suggests good financial management, but the lack of detailed expense categories limits a comprehensive evaluation of spending efficiency. The organization's NTEE code E21 (General Hospitals) implies a significant portion of expenses would naturally be program-related, but this is an assumption without specific data.
Regarding transparency, the consistent filing of IRS Form 990s over 12 periods is a positive indicator of compliance. However, the absence of reported officer compensation directly on the 990s is a notable gap. While not necessarily a red flag for malfeasance, it does create an information void for stakeholders seeking to understand how leadership is compensated. A more detailed breakdown of expenses beyond total expenses would also enhance transparency and allow for a more thorough analysis of how donor and operational funds are utilized.