Is Hudson Valley Community College Foundation Inc Legit?
Quick charity verification for Hudson Valley Community College Foundation Inc (EIN: 222427015)
Verdict: Hudson Valley Community College Foundation Inc appears trustworthy
85/100Mission Score
$5.7MRevenue
$14.7MAssets
2Red Flags
3Strengths
Red Flags
Significant fluctuation in revenue, with a peak of $5,182,008 in 2023 and a low of $1,139,439 in 2019, could indicate reliance on large, infrequent donations or grants.
Expenses in 2019 ($2,472,600) exceeded revenue ($1,139,439) by a substantial margin, leading to a net loss for that year.
Strengths
Consistent and strong asset growth from $7,530,027 in 2019 to $11,430,990 in 2023, demonstrating effective financial management and investment.
Low liabilities relative to assets, with liabilities consistently below $700,000 in recent years, indicating financial stability.
The foundation consistently maintains a positive net asset position, growing from $7,530,027 in 2019 to $11,430,990 in 2023.
AI Transparency Report
Hudson Valley Community College Foundation Inc is a education nonprofit based in Troy, New York, with reported revenue of $5.7M and assets of $14.7M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is not reported in the provided filings, with 'c0%' consistently listed for compensation to officers, directors, trustees, and key employees, suggesting a volunteer-led board or compensation handled by the college directly. Revenue has grown +253% across 13 filing periods.