Albany County Opportunity Incorporated
Albany County Opportunity Incorporated consistently generates surpluses and has no reported officer compensation.
EIN: 146037204 · Albany, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.6M |
| Total Expenses | $11.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $7.6M |
| Transparency Score | 90/100 |
Is Albany County Opportunity Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albany County Opportunity Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albany County Opportunity Incorporated
Albany County Opportunity Incorporated (EIN: 146037204) is a nonprofit organization based in Albany, NY, classified under NTEE code P200. The organization reported total revenue of $12.6M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albany County Opportunity Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albany County Opportunity Incorporated is a large nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.7M |
| Total Expenses | $11.0M |
| Surplus / Deficit | +$641K |
| Total Assets | $11.0M |
| Total Liabilities | $3.4M |
| Net Assets | $7.6M |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 30.9% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2024, Albany County Opportunity Incorporated reported a surplus of $641K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 30.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Albany County Opportunity Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.1% | +13.9% | +18.1% |
| 2023 | -0.4% | +7.0% | +3.0% |
| 2022 | +6.9% | +3.4% | -3.6% |
| 2021 | -10.2% | -10.9% | +28.5% |
| 2020 | +3.1% | +2.6% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Albany County Opportunity Incorporated with a Mission Score of 90 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, Albany County Opportunity Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $641K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a strong commitment to directing all financial resources towards the organization's mission, especially for an organization with over $11 million in annual expenses.
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.
Strengths
The following positive indicators were identified for Albany County Opportunity Incorporated:
- Consistent operational surpluses, demonstrating sound financial management (e.g., $641,481 surplus in 202402).
- No reported officer compensation, indicating a strong commitment to mission-focused spending.
- Steady growth in assets over the past decade, from $5,733,548 in 201502 to $11,001,125 in 202402.
- Consistent revenue growth, from $8,123,125 in 201502 to $11,671,063 in 202402.
- Regular and extensive IRS 990 filing history (13 filings), indicating strong transparency.
Frequently Asked Questions about Albany County Opportunity Incorporated
Is Albany County Opportunity Incorporated a legitimate charity?
Albany County Opportunity Incorporated (EIN: 146037204) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Albany County Opportunity Incorporated spend its money?
Albany County Opportunity Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Albany County Opportunity Incorporated tax-deductible?
Albany County Opportunity Incorporated is registered as a tax-exempt nonprofit (EIN: 146037204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Albany County Opportunity Incorporated CEO make?
Albany County Opportunity Incorporated's highest-compensated officer earns $11 annually. The organization reported $12.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Albany County Opportunity Incorporated's spending goes to programs?
Albany County Opportunity Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Albany County Opportunity Incorporated compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Albany County Opportunity Incorporated is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Albany County Opportunity Incorporated located?
Albany County Opportunity Incorporated is headquartered in Albany, New York and files with the IRS under EIN 146037204. It is classified under NTEE code P200.
How many years of IRS 990 filings does Albany County Opportunity Incorporated have?
Albany County Opportunity Incorporated has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.6M in total revenue.
Is Albany County Opportunity Incorporated financially stable?
Yes, the organization appears financially stable, consistently generating surpluses (e.g., $11,671,063 revenue vs. $11,029,582 expenses in 202402) and growing its assets from $5,733,548 in 201502 to $11,001,125 in 202402.
How does Albany County Opportunity Incorporated manage executive compensation?
The organization reports 0% officer compensation across all available filings, indicating that no officers received salaries from the organization, which is a strong positive for resource allocation.
Has the organization's financial health improved over time?
Yes, the organization has shown consistent growth in both revenue (from $8,123,125 in 201502 to $11,671,063 in 202402) and assets (from $5,733,548 in 201502 to $11,001,125 in 202402), indicating improved financial health.
Filing History
IRS 990 filing history for Albany County Opportunity Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Albany County Opportunity Incorporated's revenue has grown by 1.7%, moving from $11.5M to $11.7M. Total assets increased by 216.9% over the same period, from $3.5M to $11.0M. Total functional expenses rose by 1.7%, from $10.8M to $11.0M. In its most recent filing year (2024), Albany County Opportunity Incorporated reported a surplus of $641K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $11.0M in assets (debt-to-asset ratio: 30.9%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $11.7M | $11.0M | $11.0M | $3.4M | — | View 990 |
| 2023 | $9.9M | $9.7M | $9.3M | $2.6M | — | — |
| 2022 | $9.9M | $9.1M | $9.0M | $2.3M | — | View 990 |
| 2021 | $9.3M | $8.8M | $9.4M | $3.5M | — | — |
| 2020 | $10.3M | $9.8M | $7.3M | $2.0M | — | View 990 |
| 2019 | $10.0M | $9.6M | $7.0M | $2.3M | — | View 990 |
| 2018 | $10.0M | $9.9M | $6.5M | $2.2M | — | View 990 |
| 2017 | $9.8M | $9.5M | $7.4M | $3.2M | — | View 990 |
| 2016 | $8.6M | $8.4M | $7.1M | $3.3M | — | View 990 |
| 2015 | $8.1M | $8.0M | $5.7M | $2.1M | — | View 990 |
| 2014 | $8.1M | $7.4M | $5.2M | $1.7M | — | View 990 |
| 2013 | $8.2M | $8.1M | $3.5M | $702K | — | View 990 |
| 2012 | $11.5M | $10.8M | $3.5M | $804K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $11.7M, expenses of $11.0M, and assets of $11.0M (revenue +18.1% year-over-year).
- 2023: Revenue of $9.9M, expenses of $9.7M, and assets of $9.3M (revenue -0.4% year-over-year).
- 2022: Revenue of $9.9M, expenses of $9.1M, and assets of $9.0M (revenue +6.9% year-over-year).
- 2021: Revenue of $9.3M, expenses of $8.8M, and assets of $9.4M (revenue -10.2% year-over-year).
- 2020: Revenue of $10.3M, expenses of $9.8M, and assets of $7.3M (revenue +3.1% year-over-year).
- 2019: Revenue of $10.0M, expenses of $9.6M, and assets of $7.0M (revenue -0.1% year-over-year).
- 2018: Revenue of $10.0M, expenses of $9.9M, and assets of $6.5M (revenue +2.3% year-over-year).
- 2017: Revenue of $9.8M, expenses of $9.5M, and assets of $7.4M (revenue +14.2% year-over-year).
- 2016: Revenue of $8.6M, expenses of $8.4M, and assets of $7.1M (revenue +5.9% year-over-year).
- 2015: Revenue of $8.1M, expenses of $8.0M, and assets of $5.7M (revenue +0.3% year-over-year).
- 2014: Revenue of $8.1M, expenses of $7.4M, and assets of $5.2M (revenue -1.2% year-over-year).
- 2013: Revenue of $8.2M, expenses of $8.1M, and assets of $3.5M (revenue -28.5% year-over-year).
- 2012: Revenue of $11.5M, expenses of $10.8M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albany County Opportunity Incorporated:
Data Sources and Methodology
This transparency report for Albany County Opportunity Incorporated 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.