Albany Med Health System
Albany Med Health System shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 141820447 · Albany, NY · NTEE: E21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6.3M |
| Program Spending | 70% |
| Net Assets | $9.8M |
| Transparency Score | 75/100 |
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 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Albany Med Health System
Albany Med Health System (EIN: 141820447) 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 mid-size nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.5M |
| Total Expenses | $6.3M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $10.5M |
| Total Liabilities | $657K |
| Net Assets | $9.8M |
| Operating Margin | 15.6% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 19.9 months |
Financial Health Grade: A
In 2017, Albany Med Health System reported a surplus of $1.2M with revenue exceeding expenses, holds 19.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Albany Med Health System's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +7.8% | +5.2% | +14.1% |
| 2016 | +9.2% | +0.9% | +11.5% |
| 2015 | +6.1% | +9.4% | +5.3% |
| 2014 | +0.3% | +2.0% | +8.5% |
| 2013 | +15.5% | -0.4% | +11.2% |
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 75 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: 20%
- programs: 70%
- fundraising: 10%
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.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with millions in revenue and assets. This suggests either a fully volunteer executive team or that executive compensation is categorized under other expense lines, which would reduce transparency regarding leadership costs.
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 vs. admin vs. fundraising)
- Consistent 0% officer compensation without further explanation, potentially obscuring executive remuneration.
Strengths
The following positive indicators were identified for Albany Med Health System:
- Consistent revenue growth over the years, from $5,484,008 in 2011 to $7,468,449 in 2017.
- Healthy financial surplus, with revenues generally exceeding expenses, contributing to asset growth.
- Steady increase in assets, from $6,608,521 in 2011 to $10,477,371 in 2017, indicating strong financial health.
- Well-managed liabilities, consistently a small percentage of total assets, suggesting low financial risk.
Frequently Asked Questions about Albany Med Health System
Is Albany Med Health System a legitimate charity?
Albany Med Health System (EIN: 141820447) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 7 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 70% of its spending to programs and services. Fundraising costs 10%. This meets 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: 141820447). 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 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Albany Med Health System compare to similar nonprofits?
With a transparency score of 75/100 (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 141820447. 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 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why is officer compensation consistently reported as 0%?
The IRS 990 filings for Albany Med Health System consistently show 0% officer compensation from 2011 to 2017. This could indicate a volunteer-led executive team or that compensation is reported under different expense categories, which would require further investigation for clarity.
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. This information is crucial for a comprehensive assessment of spending efficiency and mission focus.
How does the organization manage its liabilities relative to its assets?
Albany Med Health System consistently maintains a healthy balance, with liabilities being a small fraction of its total assets. For example, in 2017, liabilities were $657,216 against assets of $10,477,371, indicating strong financial stability and low risk.
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 36.2%, moving from $5.5M to $7.5M. Total assets increased by 58.5% over the same period, from $6.6M to $10.5M. Total functional expenses rose by 17.9%, from $5.4M to $6.3M. In its most recent filing year (2017), Albany Med Health System reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $657K in liabilities against $10.5M in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $7.5M | $6.3M | $10.5M | $657K | — | View 990 |
| 2016 | $6.9M | $6.0M | $9.2M | $526K | — | View 990 |
| 2015 | $6.3M | $5.9M | $8.2M | $509K | — | View 990 |
| 2014 | $6.0M | $5.4M | $7.8M | $492K | — | View 990 |
| 2013 | $6.0M | $5.3M | $7.2M | $420K | — | View 990 |
| 2012 | $5.2M | $5.3M | $6.5M | $325K | — | View 990 |
| 2011 | $5.5M | $5.4M | $6.6M | $262K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $7.5M, expenses of $6.3M, and assets of $10.5M (revenue +7.8% year-over-year).
- 2016: Revenue of $6.9M, expenses of $6.0M, and assets of $9.2M (revenue +9.2% year-over-year).
- 2015: Revenue of $6.3M, expenses of $5.9M, and assets of $8.2M (revenue +6.1% year-over-year).
- 2014: Revenue of $6.0M, expenses of $5.4M, and assets of $7.8M (revenue +0.3% year-over-year).
- 2013: Revenue of $6.0M, expenses of $5.3M, and assets of $7.2M (revenue +15.5% year-over-year).
- 2012: Revenue of $5.2M, expenses of $5.3M, and assets of $6.5M (revenue -6.0% year-over-year).
- 2011: Revenue of $5.5M, expenses of $5.4M, and assets of $6.6M.
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.