Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill

Alumni Association maintains stable finances with substantial assets, though high liabilities persist.

EIN: 146088042 · Cobleskill, NY · NTEE: B84Z · Updated: 2026-03-28

$2.1MRevenue
$10.1MAssets
75/100Mission Score (Good)
B84Z

About Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill

Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill (EIN: 146088042) is a nonprofit organization based in Cobleskill, NY, classified under NTEE code B84Z. The organization reported total revenue of $2.1M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to asset growth. For example, in 2023, revenue was $1,868,256 against expenses of $1,373,288, indicating a surplus. The organization's assets have remained substantial, hovering around $10-12 million over the past decade, with current assets at $10,059,689. However, a significant portion of these assets are offset by liabilities, which have consistently been high, such as $7,777,420 in liabilities in 2023. This suggests a reliance on restricted funds or specific financial arrangements that tie up a large part of their asset base. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to minimizing administrative overhead in this area, enhancing transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill 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

According to IRS 990 filings, Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of its size and asset base.

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 Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill's IRS 990 filings:

Strengths

The following positive indicators were identified for Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill:

Frequently Asked Questions about Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill

Is Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill a good charity?

Based on the available data, the organization appears to be financially stable with consistent revenue generation and substantial assets. The 0% officer compensation is a notable positive for efficiency. However, the high liabilities relative to assets warrant further investigation to understand their nature and impact on unrestricted funds.

What is the trend in the organization's net assets?

The organization's net assets (Assets - Liabilities) have shown a general decline over the past decade, from $1,311,968 in 2014 ($9,748,656 - $8,952,396) to $2,257,946 in 2023 ($10,035,366 - $7,777,420). While there's a recent uptick, the overall trend from a peak of $1,805,818 in 2018 ($12,368,454 - $10,399,557) to the current level suggests a need to monitor long-term financial health.

How does the organization's revenue compare to its expenses?

In most recent years, the organization's revenue has exceeded its expenses, indicating a surplus. For example, in 2023, revenue was $1,868,256 and expenses were $1,373,288, resulting in a surplus of $494,968. This trend generally reflects sound financial management, though there were periods like 2020 and 2021 where expenses slightly surpassed revenue.

Filing History

IRS 990 filing history for Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill's revenue has grown by 1404.2%, moving from $124K to $1.9M. Total assets increased by 1454.3% over the same period, from $646K to $10.0M. Total functional expenses rose by 863.7%, from $143K to $1.4M. In its most recent filing year (2023), Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill reported a surplus of $495K, with revenue exceeding expenses. The organization holds $7.8M in liabilities against $10.0M in assets (debt-to-asset ratio: 77.5%), resulting in net assets of $2.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $1.9M $1.4M $10.0M $7.8M View 990
2022 $1.7M $1.4M $10.2M $8.2M View 990
2021 $1.5M $1.5M $10.8M $8.8M View 990
2020 $1.4M $1.8M $11.5M $9.6M View 990
2019 $1.7M $1.5M $11.8M $9.5M View 990
2018 $1.8M $1.6M $12.4M $10.4M
2017 $1.7M $1.5M $12.3M $10.6M View 990
2016 $1.6M $1.4M $12.4M $11.0M View 990
2015 $1.5M $990K $12.8M $11.5M
2014 $152K $186K $9.7M $9.0M
2013 $1.1M $110K $1.8M $45K View 990
2012 $148K $74K $693K $2K View 990
2011 $124K $143K $646K $1K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill 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.

Related Nonprofits

Browse by State