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
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
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
- admin: 10%
- programs: 85%
- fundraising: 5%
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:
- Consistently high liabilities relative to total assets, suggesting potential restrictions or significant debt obligations.
- Overall decline in net assets over the past decade, despite recent surpluses.
Strengths
The following positive indicators were identified for Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill:
- Consistent reporting of 0% officer compensation, indicating strong control over executive pay.
- Generally positive operating margins with revenues exceeding expenses in most recent years.
- Substantial asset base, providing financial stability.
- Long history of IRS 990 filings, indicating transparency and compliance.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2023: Revenue of $1.9M, expenses of $1.4M, and assets of $10.0M (revenue +12.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $10.2M (revenue +14.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $10.8M (revenue +2.9% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.8M, and assets of $11.5M (revenue -17.9% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $11.8M (revenue -3.6% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.6M, and assets of $12.4M (revenue +5.4% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.5M, and assets of $12.3M (revenue +4.3% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.4M, and assets of $12.4M (revenue +7.2% year-over-year).
- 2015: Revenue of $1.5M, expenses of $990K, and assets of $12.8M (revenue +896.5% year-over-year).
- 2014: Revenue of $152K, expenses of $186K, and assets of $9.7M (revenue -86.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $110K, and assets of $1.8M (revenue +670.8% year-over-year).
- 2012: Revenue of $148K, expenses of $74K, and assets of $693K (revenue +19.4% year-over-year).
- 2011: Revenue of $124K, expenses of $143K, and assets of $646K.
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.