Albertson H & L & E H Co I Inc
Albertson H & L & E H Co I Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 111951304 · Albertson, NY · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $5.1M |
| Transparency Score | 90/100 |
Is Albertson H & L & E H Co I Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albertson H & L & E H Co I Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albertson H & L & E H Co I Inc
Albertson H & L & E H Co I Inc (EIN: 111951304) is a nonprofit organization based in Albertson, NY, classified under NTEE code M24. The organization reported total revenue of $1.9M and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albertson H & L & E H Co I Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albertson H & L & E H Co I Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$207K |
| Total Assets | $5.4M |
| Total Liabilities | $241K |
| Net Assets | $5.1M |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 50.0 months |
Financial Health Grade: A
In 2023, Albertson H & L & E H Co I Inc reported a surplus of $207K with revenue exceeding expenses, holds 50.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Albertson H & L & E H Co I Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | +5.3% | +8.6% |
| 2022 | +12.3% | +19.1% | +3.5% |
| 2021 | -0.4% | +31.6% | +4.3% |
| 2020 | +0.6% | -6.8% | +8.6% |
| 2019 | +13.8% | +3.6% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Albertson H & L & E H Co I Inc with a Mission Score of 90 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Albertson H & L & E H Co I Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $207K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with revenues exceeding $1 million annually.
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 Albertson H & L & E H Co I Inc's IRS 990 filings:
- Consistent 0% officer compensation, which is unusual for an organization of this size and could warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Albertson H & L & E H Co I Inc:
- Consistent revenue growth, increasing from $1,012,002 in 2014 to $1,492,386 in 2023.
- Strong asset accumulation, with assets growing from $3,227,126 to $5,350,899 over the last decade.
- Very low liabilities relative to assets, indicating strong financial stability (e.g., 2023 assets of $5,350,899 vs. liabilities of $241,315).
- No reported officer compensation, suggesting a high dedication of funds to the mission and potentially volunteer leadership.
Frequently Asked Questions about Albertson H & L & E H Co I Inc
Is Albertson H & L & E H Co I Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Albertson H & L & E H Co I Inc (EIN: 111951304) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Albertson H & L & E H Co I Inc spend its money?
Albertson H & L & E H Co I Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Albertson H & L & E H Co I Inc tax-deductible?
Albertson H & L & E H Co I Inc is registered as a tax-exempt nonprofit (EIN: 111951304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Albertson H & L & E H Co I Inc CEO make?
Albertson H & L & E H Co I Inc's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Albertson H & L & E H Co I Inc's spending goes to programs?
Albertson H & L & E H Co I Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Albertson H & L & E H Co I Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Albertson H & L & E H Co I Inc is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Albertson H & L & E H Co I Inc located?
Albertson H & L & E H Co I Inc is headquartered in Albertson, New York and files with the IRS under EIN 111951304. It is classified under NTEE code M24.
How many years of IRS 990 filings does Albertson H & L & E H Co I Inc have?
Albertson H & L & E H Co I Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
How does Albertson H & L & E H Co I Inc manage to operate without officer compensation?
The filings consistently show 0% officer compensation. This could indicate that officers are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or that the organization's operational structure does not involve paid officers in the traditional sense. Further investigation into their operational model would be needed.
What are the primary sources of revenue for the organization?
While the specific breakdown of revenue sources (e.g., donations, program service revenue, investments) is not provided in the summary data, the consistent growth in revenue from $1,012,002 in 2014 to $1,492,386 in 2023 suggests a stable and growing funding base.
What is the organization's strategy for managing its growing assets?
The organization has shown consistent growth in assets, from $3,227,126 in 2014 to $5,350,899 in 2023. This indicates effective asset management, potentially through investments or accumulation of reserves. The specific strategy would require reviewing the detailed financial statements.
Filing History
IRS 990 filing history for Albertson H & L & E H Co I Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Albertson H & L & E H Co I Inc's revenue has grown by 31.3%, moving from $1.1M to $1.5M. Total assets increased by 90.9% over the same period, from $2.8M to $5.4M. Total functional expenses rose by 16.4%, from $1.1M to $1.3M. In its most recent filing year (2023), Albertson H & L & E H Co I Inc reported a surplus of $207K, with revenue exceeding expenses. The organization holds $241K in liabilities against $5.4M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $5.4M | $241K | — | — |
| 2022 | $1.4M | $1.2M | $4.9M | $26K | — | — |
| 2021 | $1.2M | $1.0M | $4.8M | $27K | — | View 990 |
| 2020 | $1.2M | $778K | $4.6M | $43K | — | View 990 |
| 2019 | $1.2M | $836K | $4.2M | $85K | — | View 990 |
| 2018 | $1.1M | $806K | $3.8M | $64K | — | View 990 |
| 2017 | $1.1M | $815K | $3.5M | $26K | — | View 990 |
| 2016 | $1.1M | $841K | $3.4M | $254K | — | View 990 |
| 2015 | $1.0M | $793K | $3.4M | $373K | — | View 990 |
| 2014 | $1.0M | $834K | $3.2M | $480K | — | View 990 |
| 2013 | $990K | $913K | $3.2M | $608K | — | View 990 |
| 2012 | $1.1M | $876K | $2.9M | $422K | — | View 990 |
| 2012 | $1.1M | $1.1M | $2.8M | $493K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $5.4M (revenue +7.5% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $4.9M (revenue +12.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $4.8M (revenue -0.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $778K, and assets of $4.6M (revenue +0.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $836K, and assets of $4.2M (revenue +13.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $806K, and assets of $3.8M (revenue +1.7% year-over-year).
- 2017: Revenue of $1.1M, expenses of $815K, and assets of $3.5M (revenue +1.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $841K, and assets of $3.4M (revenue +2.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $793K, and assets of $3.4M (revenue +1.4% year-over-year).
- 2014: Revenue of $1.0M, expenses of $834K, and assets of $3.2M (revenue +2.2% year-over-year).
- 2013: Revenue of $990K, expenses of $913K, and assets of $3.2M (revenue -6.3% year-over-year).
- 2012: Revenue of $1.1M, expenses of $876K, and assets of $2.9M (revenue -7.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albertson H & L & E H Co I Inc:
Data Sources and Methodology
This transparency report for Albertson H & L & E H Co I Inc 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.