Is The Addictions Care Center Of Albany Inc Legit?
Quick charity verification for The Addictions Care Center Of Albany Inc (EIN: 141501404)
Verdict: The Addictions Care Center Of Albany Inc appears trustworthy
95/100Mission Score
$13.0MRevenue
$18.5MAssets
1Red Flags
5Strengths
Red Flags
Unusually low reported officer compensation (0%) for an organization of this size, which might warrant further investigation into how leadership is compensated or structured.
Strengths
Strong revenue growth, increasing from $3.35 million in 2014 to $12.99 million in 2023.
Significant asset growth, from $2.79 million in 2014 to $17.25 million in 2023, indicating financial stability and capacity.
Consistent reporting of 0% officer compensation, suggesting a high degree of financial efficiency and mission focus.
Positive net income in most recent years (e.g., $2.43 million surplus in 2023), contributing to asset building.
Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How The Addictions Care Center Of Albany Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 The Addictions Care Center Of Albany Inc
Is The Addictions Care Center Of Albany Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Addictions Care Center Of Albany Inc (EIN: 141501404) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is The Addictions Care Center Of Albany Inc a good charity to donate to?
The Addictions Care Center Of Albany Inc has a Mission Score of 95/100. Revenue: $13.0M. Assets: $18.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Addictions Care Center Of Albany Inc?
The Employer Identification Number (EIN) for The Addictions Care Center Of Albany Inc is 141501404. 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 The Addictions Care Center Of Albany Inc spend its money?
The Addictions Care Center Of Albany Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Addictions Care Center Of Albany Inc's tax-exempt status?
You can verify The Addictions Care Center Of Albany Inc's tax-exempt status using EIN 141501404 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
The Addictions Care Center Of Albany Inc demonstrates a strong and improving financial position, with significant growth in both revenue and assets over the past several years. For instance, revenue surged from $3,350,260 in 2014 to $12,995,135 in 2023, while assets grew from $2,789,050 to $17,245,609 in the same period. This indicates effective fundraising or service delivery and sound financial management. The organization consistently reports 0% officer compensation, which is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-led or very lean executive structure.
While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall expense ratio relative to revenue is favorable. For example, in 2023, expenses were $10,567,055 against revenues of $12,995,135, leaving a substantial surplus. This surplus contributes to asset growth and financial stability, allowing for future program expansion or reserves. The consistent growth in assets, particularly the jump from $10,789,566 in 2020 to $17,245,609 in 2023, further solidifies its financial health and capacity to sustain its operations.
The organization's consistent filing history and the detailed financial figures provided in the IRS 990 data suggest a commitment to transparency. The absence of reported officer compensation is a significant positive for transparency and public perception. The overall financial trajectory indicates a well-managed and growing nonprofit focused on its mission.