Albany Med Health System
EIN: 472468259 · Saratoga Spgs, NY · NTEE: E21
| Metric | Value |
|---|---|
| Total Expenses | $9.3M |
| Net Assets | $-6,068,054 |
Search Intent Cockpit
Albany Med Health System Form 990, Revenue, CEO Pay, and IRS Filing Signals
Albany Med Health System is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Albany Med Health System in one place.
Form 990 Filing Summary
5 filing years are available, with latest revenue of $8.8M and expenses of $9.3M.
Revenue and Expenses
Albany Med Health System reported $8.8M in revenue and $9.3M in expenses, a deficit of $574K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Albany Med Health System Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Albany Med Health System shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade C | 5 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Health context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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About Albany Med Health System
Albany Med Health System (EIN: 472468259) 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.
Organization Overview
Albany Med Health System is a mid-size nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2015–2019). Revenue has grown at a compound annual rate of 152.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $9.3M |
| Surplus / Deficit | $-573,902 |
| Total Assets | $8.5M |
| Total Liabilities | $14.6M |
| Net Assets | $-6,068,054 |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 171.3% |
| Months of Reserves | 10.9 months |
Financial Health Grade: C
In 2019, Albany Med Health System reported a deficit of $574K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 171.3% (high leverage).
Financial Trends
Over 5 years of filings (2015–2019), Albany Med Health System's revenue has grown at a compound annual growth rate (CAGR) of 152.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +280.8% | +169.1% | +102.8% |
| 2018 | +277.6% | +65.6% | +197.8% |
| 2017 | +11.0% | +6.4% | +37.4% |
| 2016 | +152.7% | +20.5% | +122.9% |
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 Analysis Pending
AI enrichment for Albany Med Health System has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albany Med Health System with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $574K, with expenses exceeding revenue.
- Debt-to-asset ratio: 171.3%.
Frequently Asked Questions about Albany Med Health System
Is Albany Med Health System a legitimate charity?
Albany Med Health System (EIN: 472468259) is a registered tax-exempt nonprofit based in New York. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Albany Med Health System spend its money?
Albany Med Health System reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Albany Med Health System tax-deductible?
Albany Med Health System is registered as a tax-exempt nonprofit (EIN: 472468259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Albany Med Health System located?
Albany Med Health System is headquartered in Saratoga Spgs, New York and files with the IRS under EIN 472468259. 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 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Albany Med Health System showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2015–2019), Albany Med Health System's revenue has grown by 3931.8%, moving from $217K to $8.8M. Total assets increased by 1749.2% over the same period, from $460K to $8.5M. Total functional expenses rose by 471%, from $1.6M to $9.3M. In its most recent filing year (2019), Albany Med Health System reported a deficit of $574K, with expenses exceeding revenue. The organization holds $14.6M in liabilities against $8.5M in assets (debt-to-asset ratio: 171.3%), resulting in net assets of $-6,068,054.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $8.8M | $9.3M | $8.5M | $14.6M | — | View 990 |
| 2018 | $2.3M | $3.5M | $4.2M | $9.7M | — | View 990 |
| 2017 | $610K | $2.1M | $1.4M | $5.7M | — | View 990 |
| 2016 | $549K | $2.0M | $1.0M | $3.9M | — | View 990 |
| 2015 | $217K | $1.6M | $460K | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $8.8M, expenses of $9.3M, and assets of $8.5M (revenue +280.8% year-over-year).
- 2018: Revenue of $2.3M, expenses of $3.5M, and assets of $4.2M (revenue +277.6% year-over-year).
- 2017: Revenue of $610K, expenses of $2.1M, and assets of $1.4M (revenue +11.0% year-over-year).
- 2016: Revenue of $549K, expenses of $2.0M, and assets of $1.0M (revenue +152.7% year-over-year).
- 2015: Revenue of $217K, expenses of $1.6M, and assets of $460K.
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.