Quick charity verification for Mohawk Valley Health System Foundation (EIN: 223078768)
Verdict: Mohawk Valley Health System Foundation appears trustworthy
75/100Mission Score
$8.3MRevenue
$44.8MAssets
2Red Flags
2Strengths
Red Flags
Significant fluctuation in revenue, from $35,282,555 in 2021 to $8,397,350 in 2023, warrants further investigation into funding sources and sustainability.
The consistent reporting of 0% compensation for top employees could mask actual compensation if it's paid by an affiliated entity, potentially obscuring a full financial picture.
Strengths
Demonstrates strong asset growth, increasing from $6,971,575 in 2018 to $54,731,808 in 2023, indicating robust financial health and capacity.
Maintains a relatively low liability burden compared to assets, suggesting good financial management and stability.
AI Transparency Report
Mohawk Valley Health System Foundation is a health care nonprofit based in Utica, New York, with reported revenue of $8.3M and assets of $44.8M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is consistently reported as $0 in the provided filings, suggesting that these costs are either absorbed by the parent organization or not directly attributed to the foundation's expenses. Revenue has grown +645% across 13 filing periods.