Albany Med Health System
Albany Med Health System: Consistent Growth, High Liabilities
EIN: 222635792 · Albany, NY · NTEE: E21 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $2.0M |
| Program Spending | 80% |
| Net Assets | $929K |
| 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 80% 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: 222635792) 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 5.2%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$108K |
| Total Assets | $1.7M |
| Total Liabilities | $722K |
| Net Assets | $929K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 43.7% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2017, Albany Med Health System reported a surplus of $108K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 43.7% (moderate 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 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +2.1% | +3.9% | -3.5% |
| 2016 | +7.7% | +7.6% | -4.9% |
| 2015 | +2.1% | -1.2% | +0.5% |
| 2014 | +3.2% | +3.3% | -4.8% |
| 2013 | +14.8% | +2.8% | -3.3% |
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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Albany Med Health System allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $108K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.7%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific salary data from the filings; however, the overall financial health suggests a need for careful management of all 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.
Red Flags
The following concerns were identified during AI analysis of Albany Med Health System's IRS 990 filings:
- Liabilities consistently exceed assets, reaching $1,372,527 in 2011 and $721,948 in 2017, indicating potential long-term financial strain.
- The provided data lacks specific executive compensation figures, which is a red flag for transparency regarding leadership pay.
Strengths
The following positive indicators were identified for Albany Med Health System:
- Consistent revenue growth from $1,550,740 in 2011 to $2,106,911 in 2017 demonstrates strong operational performance.
- The organization has maintained a positive net income (revenue minus expenses) in most years, indicating financial stability despite high liabilities.
Frequently Asked Questions about Albany Med Health System
Is Albany Med Health System a legitimate charity?
Albany Med Health System (EIN: 222635792) 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. 2 strengths noted. Financial health grade: A.
How does Albany Med Health System spend its money?
Albany Med Health System directs 80% 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: 222635792). 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 80% 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 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 222635792. 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.
What does Albany Med Health System do?
Albany Med Health System is a nonprofit organization in the Health Care sector, located in Albany, New York. It is classified under NTEE code E21.
How much revenue does Albany Med Health System have?
Albany Med Health System reported total revenue of N/A. Based on 7 IRS 990 filings on record.
What are Albany Med Health System's total assets?
Albany Med Health System holds total assets of N/A as reported in IRS 990 filings.
Where is Albany Med Health System located?
Albany Med Health System is based in Albany, New York.
What is Albany Med Health System's EIN?
Albany Med Health System's Employer Identification Number (EIN) is 222635792. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Albany Med Health System?
Albany Med Health System is classified under NTEE code E21 (Health Care).
Is Albany Med Health System a registered 501(c)(3)?
Yes, Albany Med Health System is recognized as a tax-exempt organization by the IRS. EIN: 222635792.
Does Albany Med Health System file IRS Form 990?
Yes, Albany Med Health System has 7 IRS Form 990 filings on record. The most recent covers tax period 201712.
What was Albany Med Health System's revenue in 2017?
In the 201712 filing period, Albany Med Health System reported total revenue of $2,106,911, total expenses of $1,998,705, and net assets of $1,651,436.
Is Albany Med Health System's revenue growing or declining?
Albany Med Health System's revenue is relatively stable. Revenue went from $2,063,959 (201612) to $2,106,911 (201712), a +2.1% change. Based on 7 filings on record.
What is Albany Med Health System's most recent 990 filing?
The most recent IRS Form 990 filing for Albany Med Health System covers tax period 201712. It shows revenue of $2,106,911, expenses of $1,998,705, total assets of $1,651,436, and liabilities of $721,948.
How much does Albany Med Health System spend on programs vs administration?
Based on IRS 990 analysis, Albany Med Health System allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Albany Med Health System a trustworthy charity?
Based on AI analysis of IRS 990 data, Albany Med Health System appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Albany Med Health System?
The following concerns were identified: Liabilities consistently exceed assets, reaching $1,372,527 in 2011 and $721,948 in 2017, indicating potential long-term financial strain.. The provided data lacks specific executive compensation figures, which is a red flag for transparency regarding leadership pay.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Albany Med Health System's strengths?
Positive indicators for Albany Med Health System include: Consistent revenue growth from $1,550,740 in 2011 to $2,106,911 in 2017 demonstrates strong operational performance.. The organization has maintained a positive net income (revenue minus expenses) in most years, indicating financial stability despite high liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Albany Med Health System compensate executives?
Executive compensation cannot be assessed without specific salary data from the filings; however, the overall financial health suggests a need for careful management of all expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent growth in revenue and expenses, what strategies might Albany Med Health System be employing to manage its persistently high liabilities relative to assets?
The consistent growth in revenue and expenses suggests an expanding operation, likely involving significant capital investments in facilities or technology. To manage high liabilities, they might be leveraging long-term debt for these investments, relying on future revenue streams to service this debt, or actively negotiating favorable terms with creditors. Without more detailed balance sheet information, it's difficult to pinpoint exact strategies, but it points to a growth-oriented approach that is heavily financed.
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 35.9%, moving from $1.6M to $2.1M. Total assets decreased by 14% over the same period, from $1.9M to $1.7M. Total functional expenses rose by 24.6%, from $1.6M to $2.0M. In its most recent filing year (2017), Albany Med Health System reported a surplus of $108K, with revenue exceeding expenses. The organization holds $722K in liabilities against $1.7M in assets (debt-to-asset ratio: 43.7%), resulting in net assets of $929K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $2.1M | $2.0M | $1.7M | $722K | — | View 990 |
| 2016 | $2.1M | $1.9M | $1.7M | $889K | — | View 990 |
| 2015 | $1.9M | $1.8M | $1.8M | $1.1M | — | View 990 |
| 2014 | $1.9M | $1.8M | $1.8M | $1.2M | — | View 990 |
| 2013 | $1.8M | $1.8M | $1.9M | $1.4M | — | View 990 |
| 2012 | $1.6M | $1.7M | $1.9M | $1.5M | — | View 990 |
| 2011 | $1.6M | $1.6M | $1.9M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $2.1M, expenses of $2.0M, and assets of $1.7M (revenue +2.1% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.9M, and assets of $1.7M (revenue +7.7% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.8M, and assets of $1.8M (revenue +2.1% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $1.8M (revenue +3.2% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $1.9M (revenue +14.8% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.7M, and assets of $1.9M (revenue +2.1% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M.
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.