Academic Medicine Services Inc
Academic Medicine Services Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 161455134 · Amherst, NY · NTEE: E31 · Updated: 2026-03-28
Is Academic Medicine Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Academic Medicine Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Academic Medicine Services Inc
Academic Medicine Services Inc (EIN: 161455134) is a nonprofit organization based in Amherst, NY, classified under NTEE code E31. The organization reported total revenue of $49.8M and total assets of $18.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academic Medicine Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academic Medicine Services Inc is a large nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46.5M |
| Total Expenses | $43.6M |
| Surplus / Deficit | +$2.9M |
| Total Assets | $16.5M |
| Total Liabilities | $6.0M |
| Net Assets | $10.5M |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 36.3% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Academic Medicine Services Inc reported a surplus of $2.9M with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 36.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Academic Medicine Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.2% | +8.9% | +17.6% |
| 2022 | -8.5% | +2.8% | +4.1% |
| 2021 | +16.8% | +1.2% | -11.0% |
| 2020 | -0.8% | -7.4% | +119.2% |
| 2019 | +1.6% | +1.6% | -15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Academic Medicine Services Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Academic Medicine Services Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.3%.
Executive Compensation Analysis
Academic Medicine Services Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization of its size with nearly $50 million in revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Academic Medicine Services Inc's IRS 990 filings:
- 0% officer compensation for an organization with nearly $50M in revenue is unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Academic Medicine Services Inc:
- Consistent revenue growth, increasing from $26.8M in 2014 to $46.5M in 2023.
- Strong asset accumulation, growing from $4.9M in 2014 to $16.4M in 2023, indicating financial stability.
- Positive net income in recent years (e.g., $2.9M in 2023, $2.1M in 2022, $7.2M in 2021), demonstrating sound financial management.
- No reported officer compensation, suggesting a high proportion of funds may be directed to programs.
- Long history of IRS 990 filings (13 filings), indicating transparency and consistent reporting.
Frequently Asked Questions about Academic Medicine Services Inc
Is Academic Medicine Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Academic Medicine Services Inc (EIN: 161455134) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Academic Medicine Services Inc spend its money?
Academic Medicine Services Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Academic Medicine Services Inc tax-deductible?
Academic Medicine Services Inc is registered as a tax-exempt nonprofit (EIN: 161455134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Academic Medicine Services Inc a good charity?
Based on its financial health, consistent revenue growth, increasing assets, and the absence of reported officer compensation, Academic Medicine Services Inc appears to be a very good charity. Its financial stability and apparent focus on program spending are strong indicators of effective resource utilization.
How has Academic Medicine Services Inc's financial health changed over time?
Academic Medicine Services Inc has shown significant financial improvement. Its revenue has grown from $26,859,407 in 2014 to $46,528,881 in 2023, and assets have more than tripled from $4,932,664 to $16,459,355 over the same period, indicating strong and sustained financial growth.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting a unique approach where top leadership may be volunteer-based or compensated in ways not categorized as officer compensation, which is a notable characteristic for an organization of this scale.
Filing History
IRS 990 filing history for Academic Medicine Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Academic Medicine Services Inc's revenue has grown by 146.8%, moving from $18.9M to $46.5M. Total assets increased by 455.4% over the same period, from $3.0M to $16.5M. Total functional expenses rose by 123.2%, from $19.5M to $43.6M. In its most recent filing year (2023), Academic Medicine Services Inc reported a surplus of $2.9M, with revenue exceeding expenses. The organization holds $6.0M in liabilities against $16.5M in assets (debt-to-asset ratio: 36.3%), resulting in net assets of $10.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46.5M | $43.6M | $16.5M | $6.0M | — | — |
| 2022 | $42.2M | $40.0M | $14.0M | $6.5M | — | View 990 |
| 2021 | $46.1M | $38.9M | $13.4M | $8.1M | — | View 990 |
| 2020 | $39.5M | $38.5M | $15.1M | $16.9M | — | View 990 |
| 2019 | $39.8M | $41.6M | $6.9M | $9.8M | — | View 990 |
| 2018 | $39.2M | $40.9M | $8.1M | $9.2M | — | View 990 |
| 2017 | $39.8M | $40.0M | $9.4M | $8.8M | — | — |
| 2016 | $35.6M | $36.8M | $6.9M | $6.1M | — | View 990 |
| 2015 | $28.2M | $28.4M | $5.7M | $3.6M | — | View 990 |
| 2014 | $26.9M | $26.0M | $4.9M | $2.7M | — | View 990 |
| 2013 | $23.7M | $23.6M | $5.1M | $3.7M | — | View 990 |
| 2012 | $21.1M | $20.7M | $4.8M | $3.4M | — | View 990 |
| 2011 | $18.9M | $19.5M | $3.0M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46.5M, expenses of $43.6M, and assets of $16.5M (revenue +10.2% year-over-year).
- 2022: Revenue of $42.2M, expenses of $40.0M, and assets of $14.0M (revenue -8.5% year-over-year).
- 2021: Revenue of $46.1M, expenses of $38.9M, and assets of $13.4M (revenue +16.8% year-over-year).
- 2020: Revenue of $39.5M, expenses of $38.5M, and assets of $15.1M (revenue -0.8% year-over-year).
- 2019: Revenue of $39.8M, expenses of $41.6M, and assets of $6.9M (revenue +1.6% year-over-year).
- 2018: Revenue of $39.2M, expenses of $40.9M, and assets of $8.1M (revenue -1.6% year-over-year).
- 2017: Revenue of $39.8M, expenses of $40.0M, and assets of $9.4M (revenue +11.9% year-over-year).
- 2016: Revenue of $35.6M, expenses of $36.8M, and assets of $6.9M (revenue +26.2% year-over-year).
- 2015: Revenue of $28.2M, expenses of $28.4M, and assets of $5.7M (revenue +5.0% year-over-year).
- 2014: Revenue of $26.9M, expenses of $26.0M, and assets of $4.9M (revenue +13.4% year-over-year).
- 2013: Revenue of $23.7M, expenses of $23.6M, and assets of $5.1M (revenue +12.4% year-over-year).
- 2012: Revenue of $21.1M, expenses of $20.7M, and assets of $4.8M (revenue +11.8% year-over-year).
- 2011: Revenue of $18.9M, expenses of $19.5M, and assets of $3.0M.
Data Sources and Methodology
This transparency report for Academic Medicine Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.