Adirondack North Country Association Inc
Adirondack North Country Association Inc shows consistent revenue growth and no reported officer compensation across all filings.
EIN: 150563934 · Saranac Lake, NY · NTEE: K28Z · Updated: 2026-03-28
Is Adirondack North Country Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adirondack North Country Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adirondack North Country Association Inc
Adirondack North Country Association Inc (EIN: 150563934) is a nonprofit organization based in Saranac Lake, NY, classified under NTEE code K28Z. The organization reported total revenue of $2.2M and total assets of $901K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adirondack North Country Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adirondack North Country Association Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$269K |
| Total Assets | $947K |
| Total Liabilities | $469K |
| Net Assets | $478K |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 49.6% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Adirondack North Country Association Inc reported a surplus of $269K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 49.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Adirondack North Country Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.9% | +32.7% | -7.5% |
| 2022 | +38.3% | +26.5% | +121.5% |
| 2021 | +42.8% | +17.2% | +94.3% |
| 2020 | -23.9% | +8.6% | -55.3% |
| 2019 | +4.4% | -24.8% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Adirondack North Country Association Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Adirondack North Country Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $269K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $2 million. This suggests either a fully volunteer-led executive team or that executive compensation is structured in a way not reported as officer compensation on the 990, which warrants further investigation for complete transparency.
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 Adirondack North Country Association Inc's IRS 990 filings:
- Consistent 0% officer compensation, which is unusual for an organization of this scale and could indicate alternative compensation structures or reliance on unpaid leadership that may not be sustainable long-term.
Strengths
The following positive indicators were identified for Adirondack North Country Association Inc:
- Consistent and significant revenue growth over the past decade, from $716,660 in 2014 to $2,720,552 in 2023.
- Strong asset growth, increasing from $115,930 in 2015 to $947,101 in 2023, indicating enhanced financial capacity.
- Generally positive net income in recent years, demonstrating sound financial management and sustainability.
- Low administrative overhead due to 0% reported officer compensation, potentially allowing more funds for programs.
Frequently Asked Questions about Adirondack North Country Association Inc
Is Adirondack North Country Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Adirondack North Country Association Inc (EIN: 150563934) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Adirondack North Country Association Inc spend its money?
Adirondack North Country Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Adirondack North Country Association Inc tax-deductible?
Adirondack North Country Association Inc is registered as a tax-exempt nonprofit (EIN: 150563934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Adirondack North Country Association Inc a good charity?
Based on its financial health, consistent revenue growth, and the absence of reported officer compensation, ANCA appears to be a well-managed and efficient organization. Its increasing assets and generally positive net income trends suggest a strong capacity to deliver on its mission.
How does ANCA fund its operations given 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based, compensated through other entities, or that compensation is structured in a way that does not fall under 'officer compensation' on the 990. This practice significantly reduces administrative overhead but could raise questions about the long-term sustainability of leadership.
What is the trend in ANCA's financial growth?
ANCA has demonstrated significant financial growth, with revenue increasing from $716,660 in 2014 to $2,720,552 in 2023. Assets have also grown substantially from $115,930 in 2015 to $947,101 in 2023, indicating a robust expansion of its financial capacity.
Are ANCA's liabilities manageable?
While liabilities have fluctuated, reaching $818,564 in 2022, they decreased to $469,498 in 2023 and remain well below the organization's total assets of $947,101, suggesting a manageable debt load relative to its financial resources.
Filing History
IRS 990 filing history for Adirondack North Country Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adirondack North Country Association Inc's revenue has grown by 625.1%, moving from $375K to $2.7M. Total assets increased by 739.9% over the same period, from $113K to $947K. Total functional expenses rose by 355.5%, from $538K to $2.5M. In its most recent filing year (2023), Adirondack North Country Association Inc reported a surplus of $269K, with revenue exceeding expenses. The organization holds $469K in liabilities against $947K in assets (debt-to-asset ratio: 49.6%), resulting in net assets of $478K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.5M | $947K | $469K | — | — |
| 2022 | $2.0M | $1.8M | $1.0M | $819K | — | — |
| 2021 | $1.4M | $1.5M | $462K | $397K | — | View 990 |
| 2020 | $1.0M | $1.2M | $238K | $154K | — | — |
| 2019 | $1.3M | $1.1M | $532K | $210K | — | View 990 |
| 2018 | $1.3M | $1.5M | $488K | $341K | — | View 990 |
| 2017 | $1.7M | $1.5M | $395K | $28K | — | View 990 |
| 2016 | $1.3M | $1.2M | $281K | $112K | — | View 990 |
| 2015 | $850K | $874K | $116K | $52K | — | View 990 |
| 2014 | $717K | $894K | $131K | $43K | — | View 990 |
| 2013 | $1.2M | $1.1M | $282K | $17K | — | View 990 |
| 2012 | $765K | $673K | $205K | $0 | — | View 990 |
| 2011 | $375K | $538K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.5M, and assets of $947K (revenue +36.9% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $1.0M (revenue +38.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.5M, and assets of $462K (revenue +42.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.2M, and assets of $238K (revenue -23.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $532K (revenue +4.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.5M, and assets of $488K (revenue -25.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.5M, and assets of $395K (revenue +31.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $281K (revenue +51.4% year-over-year).
- 2015: Revenue of $850K, expenses of $874K, and assets of $116K (revenue +18.6% year-over-year).
- 2014: Revenue of $717K, expenses of $894K, and assets of $131K (revenue -38.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $282K (revenue +52.9% year-over-year).
- 2012: Revenue of $765K, expenses of $673K, and assets of $205K (revenue +104.0% year-over-year).
- 2011: Revenue of $375K, expenses of $538K, and assets of $113K.
Data Sources and Methodology
This transparency report for Adirondack North Country Association 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.