Albany Med Health System
Albany Med Health System shows consistent revenue and asset growth, with balanced expenses over three years.
EIN: 141338310 · Albany, NY · NTEE: E21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $287.3M |
| Program Spending | 75% |
| Net Assets | $146.7M |
| Transparency Score | 70/100 |
Is Albany Med Health System Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albany Med Health System directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albany Med Health System
Albany Med Health System (EIN: 141338310) is a nonprofit organization based in Albany, NY, classified under NTEE code E21. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albany Med Health System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albany Med Health System is a major nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $290.7M |
| Total Expenses | $287.3M |
| Surplus / Deficit | +$3.5M |
| Total Assets | $291.5M |
| Total Liabilities | $144.9M |
| Net Assets | $146.7M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 49.7% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2013, Albany Med Health System reported a surplus of $3.5M with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 49.7% (moderate leverage).
Financial Trends
Over 3 years of filings (2011–2013), Albany Med Health System's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +7.5% | +5.7% | +19.2% |
| 2012 | +12.7% | +9.3% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Med Health System with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Albany Med Health System allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.7%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation for all three periods, which is unusual for an organization of this size and suggests that this information may not be fully captured or reported in the summary data provided, or that compensation is reported under other expense categories.
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 Albany Med Health System's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising)
- 0% reported officer compensation, which is atypical for an organization of this size
Strengths
The following positive indicators were identified for Albany Med Health System:
- Consistent revenue growth (from $239,967,272 in 2011 to $290,735,439 in 2013)
- Significant asset growth (from $216,718,045 in 2011 to $291,527,878 in 2013)
- Positive operating margin in 2013 ($290,735,439 revenue vs. $287,275,988 expenses)
- Healthy asset-to-liability ratio
Frequently Asked Questions about Albany Med Health System
Is Albany Med Health System a legitimate charity?
Albany Med Health System (EIN: 141338310) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 3 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Albany Med Health System spend its money?
Albany Med Health System directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Albany Med Health System tax-deductible?
Albany Med Health System is registered as a tax-exempt nonprofit (EIN: 141338310). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Albany Med Health System's spending goes to programs?
Albany Med Health System directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Albany Med Health System compare to similar nonprofits?
With a transparency score of 70/100 (Good), Albany Med Health System is above average for NTEE category E21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Albany Med Health System located?
Albany Med Health System is headquartered in Albany, New York and files with the IRS under EIN 141338310. It is classified under NTEE code E21.
How many years of IRS 990 filings does Albany Med Health System have?
Albany Med Health System has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess spending efficiency accurately.
Why is officer compensation reported as 0% across all periods?
The consistent reporting of 0% officer compensation is unusual for an organization of this scale and suggests that executive compensation might be reported under different expense lines or is not fully captured in the summary data provided.
How does the organization manage its liabilities relative to its assets?
The organization's liabilities have grown from $118,282,590 in 2011 to $144,875,136 in 2013, while assets have also increased significantly, maintaining a healthy asset-to-liability ratio (e.g., $291,527,878 assets vs. $144,875,136 liabilities in 2013).
Filing History
IRS 990 filing history for Albany Med Health System showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Albany Med Health System's revenue has grown by 21.2%, moving from $240.0M to $290.7M. Total assets increased by 34.5% over the same period, from $216.7M to $291.5M. Total functional expenses rose by 15.6%, from $248.5M to $287.3M. In its most recent filing year (2013), Albany Med Health System reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $144.9M in liabilities against $291.5M in assets (debt-to-asset ratio: 49.7%), resulting in net assets of $146.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $290.7M | $287.3M | $291.5M | $144.9M | — | View 990 |
| 2012 | $270.5M | $271.7M | $244.5M | $142.5M | — | View 990 |
| 2011 | $240.0M | $248.5M | $216.7M | $118.3M | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $290.7M, expenses of $287.3M, and assets of $291.5M (revenue +7.5% year-over-year).
- 2012: Revenue of $270.5M, expenses of $271.7M, and assets of $244.5M (revenue +12.7% year-over-year).
- 2011: Revenue of $240.0M, expenses of $248.5M, and assets of $216.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albany Med Health System:
Data Sources and Methodology
This transparency report for Albany Med Health System 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.