Albany Med Health System

Albany Med Health System shows consistent revenue and asset growth, but lacks detailed expense and compensation transparency.

EIN: 141338547 · Saratoga Spgs, NY · NTEE: E21 · Updated: 2026-03-28

$0Revenue
$0Assets
65/100Mission Score (Good)
E21

About Albany Med Health System

Albany Med Health System (EIN: 141338547) is a nonprofit organization based in Saratoga Spgs, 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.

AI Transparency Report

Albany Med Health System demonstrates consistent financial growth over the past several years, with revenue increasing from $215 million in 2011 to $338 million in 2017. The organization consistently reports positive net income, indicating sound financial management. However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency. Without this information, it's challenging to determine the percentage of funds directly allocated to its mission-related programs versus overhead. The organization's assets have also shown steady growth, reaching $380 million in 2017, while liabilities have remained manageable relative to assets. The absence of reported officer compensation across all filings is a significant transparency concern. While it's possible compensation is reported elsewhere or structured differently, its omission from the 'Officer Comp' field in the provided data hinders a full understanding of executive pay practices and could be perceived as a lack of transparency. Overall, the financial health appears stable and growing based on top-line figures. However, the lack of detailed expense allocation and the absence of officer compensation data are notable gaps in transparency that prevent a complete evaluation of spending efficiency and accountability. A deeper dive into the full IRS 990 forms would be necessary to obtain these critical details.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Albany Med Health System with a Mission Score of 65 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

According to IRS 990 filings, Albany Med Health System allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The provided data indicates 0% officer compensation across all reported periods, which is highly unusual for an organization of this size and revenue. This suggests a lack of transparency in the provided summary data regarding executive pay, as it's improbable that no officers receive compensation.

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:

Strengths

The following positive indicators were identified for Albany Med Health System:

Frequently Asked Questions about Albany Med Health System

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown of expenses, making it difficult to assess the organization's spending efficiency. Further examination of the full IRS 990 forms is required.

Why is officer compensation reported as 0% across all filings?

The consistent reporting of 0% officer compensation is a significant data gap. It's highly unlikely that an organization of this scale has no compensated officers, suggesting a lack of transparency in the provided summary or that compensation is reported under different categories not captured here.

How does the organization manage its liabilities relative to its assets?

The organization's assets have consistently grown, reaching $380 million in 2017, while liabilities were $114 million in the same period. This indicates a healthy asset-to-liability ratio, suggesting good financial management.

Filing History

IRS 990 filing history for Albany Med Health System showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2011–2017), Albany Med Health System's revenue has grown by 57.3%, moving from $215.3M to $338.8M. Total assets increased by 65.9% over the same period, from $229.6M to $380.8M. Total functional expenses rose by 55.4%, from $199.5M to $310.0M. In its most recent filing year (2017), Albany Med Health System reported a surplus of $28.8M, with revenue exceeding expenses. The organization holds $114.4M in liabilities against $380.8M in assets (debt-to-asset ratio: 30.0%), resulting in net assets of $266.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2017 $338.8M $310.0M $380.8M $114.4M View 990
2016 $302.1M $286.7M $333.9M $113.7M View 990
2015 $281.2M $265.5M $319.5M $117.0M View 990
2014 $267.8M $248.8M $303.2M $116.1M View 990
2013 $238.1M $226.5M $262.3M $95.4M View 990
2012 $229.3M $211.2M $252.8M $102.3M View 990
2011 $215.3M $199.5M $229.6M $99.9M View 990

Year-by-Year Financial Summary

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.

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