American Federation Of Labor & Congress Of Industrial Orgs
AFL-CIO Albany shows consistent revenue but faces increasing liabilities, exceeding assets in 2023.
EIN: 140923720 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.5M |
| Total Expenses | $6.9M |
| Program Spending | 70% |
| Net Assets | $-1,836,158 |
| Transparency Score | 75/100 |
Is American Federation Of Labor & Congress Of Industrial Orgs Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Federation Of Labor & Congress Of Industrial Orgs directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Federation Of Labor & Congress Of Industrial Orgs
American Federation Of Labor & Congress Of Industrial Orgs (EIN: 140923720) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $7.5M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Federation Of Labor & Congress Of Industrial Orgs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Federation Of Labor & Congress Of Industrial Orgs is a mid-size nonprofit that has been operating for 70 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$169K |
| Total Assets | $11.6M |
| Total Liabilities | $13.5M |
| Net Assets | $-1,836,158 |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 115.8% |
| Months of Reserves | 20.2 months |
Financial Health Grade: A
In 2023, American Federation Of Labor & Congress Of Industrial Orgs reported a surplus of $169K with revenue exceeding expenses, holds 20.2 months of operating reserves (strong position), has a debt-to-asset ratio of 115.8% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), American Federation Of Labor & Congress Of Industrial Orgs's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | -7.7% | +11.9% |
| 2022 | +1.0% | +25.0% | +1.0% |
| 2021 | -1.7% | +3.2% | +14.3% |
| 2020 | -1.3% | -6.3% | +15.4% |
| 2019 | +1.8% | -7.7% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1956 |
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 American Federation Of Labor & Congress Of Industrial Orgs 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, American Federation Of Labor & Congress Of Industrial Orgs allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $169K, with revenue exceeding expenses.
- Debt-to-asset ratio: 115.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers received reportable compensation from the organization, which is highly favorable for directing resources to its mission.
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 American Federation Of Labor & Congress Of Industrial Orgs's IRS 990 filings:
- Liabilities ($13,485,086 in 2023) significantly exceeded assets ($11,648,928) in the most recent filing period, indicating potential solvency concerns.
- Significant fluctuation in liabilities over recent years, from $259,977 in 2020 to $13,485,086 in 2023, suggests potential financial instability or large, unexplained obligations.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for American Federation Of Labor & Congress Of Industrial Orgs:
- Consistent revenue generation, averaging around $7 million annually in recent years, demonstrates stable funding.
- Zero reported officer compensation across all filings indicates a strong commitment to directing funds towards the organization's mission.
- Long history of IRS 990 filings (14 periods) suggests a commitment to transparency and compliance.
Frequently Asked Questions about American Federation Of Labor & Congress Of Industrial Orgs
Is American Federation Of Labor & Congress Of Industrial Orgs a legitimate charity?
American Federation Of Labor & Congress Of Industrial Orgs (EIN: 140923720) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $7.5M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does American Federation Of Labor & Congress Of Industrial Orgs spend its money?
American Federation Of Labor & Congress Of Industrial Orgs directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to American Federation Of Labor & Congress Of Industrial Orgs tax-deductible?
American Federation Of Labor & Congress Of Industrial Orgs is registered as a tax-exempt nonprofit (EIN: 140923720). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Federation Of Labor & Congress Of Industrial Orgs's spending goes to programs?
American Federation Of Labor & Congress Of Industrial Orgs directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is American Federation Of Labor & Congress Of Industrial Orgs located?
American Federation Of Labor & Congress Of Industrial Orgs is headquartered in Albany, New York and files with the IRS under EIN 140923720.
How many years of IRS 990 filings does American Federation Of Labor & Congress Of Industrial Orgs have?
American Federation Of Labor & Congress Of Industrial Orgs has 14 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 $7.5M in total revenue.
What is the nature of the significant liabilities reported, especially the $13,485,086 in 2023?
The provided data does not specify the nature of these liabilities. Further investigation into the organization's full IRS Form 990 would be necessary to understand if they are program-related, debt, or other obligations.
How does the organization allocate its expenses between program services, administrative costs, and fundraising?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be crucial for a more precise assessment of spending efficiency.
Given the fluctuating asset and liability figures, what is the organization's long-term financial strategy?
The data shows significant shifts in assets and liabilities, particularly the jump in liabilities in 2023. Understanding the underlying financial strategy, including investment and debt management, would require more detailed financial statements.
Filing History
IRS 990 filing history for American Federation Of Labor & Congress Of Industrial Orgs showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), American Federation Of Labor & Congress Of Industrial Orgs's revenue has grown by 14.7%, moving from $6.2M to $7.1M. Total assets increased by 163.2% over the same period, from $4.4M to $11.6M. Total functional expenses rose by 6.3%, from $6.5M to $6.9M. In its most recent filing year (2023), American Federation Of Labor & Congress Of Industrial Orgs reported a surplus of $169K, with revenue exceeding expenses. The organization holds $13.5M in liabilities against $11.6M in assets (debt-to-asset ratio: 115.8%), resulting in net assets of $-1,836,158.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $6.9M | $11.6M | $13.5M | — | — |
| 2022 | $7.0M | $7.5M | $10.4M | $9.9M | — | — |
| 2021 | $6.9M | $6.0M | $10.3M | $11.5M | — | View 990 |
| 2020 | $7.0M | $5.8M | $9.0M | $260K | — | — |
| 2019 | $7.1M | $6.2M | $7.8M | $276K | — | View 990 |
| 2018 | $7.0M | $6.7M | $7.0M | $415K | — | View 990 |
| 2017 | $6.9M | $6.4M | $6.7M | $347K | — | View 990 |
| 2016 | $7.0M | $6.8M | $6.0M | $175K | — | View 990 |
| 2015 | $3.4M | $2.9M | $6.0M | $313K | — | View 990 |
| 2015 | $6.8M | $6.8M | $5.5M | $323K | — | View 990 |
| 2014 | $6.6M | $6.3M | $5.6M | $388K | — | View 990 |
| 2013 | $6.4M | $6.1M | $5.1M | $174K | — | View 990 |
| 2012 | $6.8M | $6.3M | $4.9M | $303K | — | View 990 |
| 2011 | $6.2M | $6.5M | $4.4M | $267K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $6.9M, and assets of $11.6M (revenue +1.5% year-over-year).
- 2022: Revenue of $7.0M, expenses of $7.5M, and assets of $10.4M (revenue +1.0% year-over-year).
- 2021: Revenue of $6.9M, expenses of $6.0M, and assets of $10.3M (revenue -1.7% year-over-year).
- 2020: Revenue of $7.0M, expenses of $5.8M, and assets of $9.0M (revenue -1.3% year-over-year).
- 2019: Revenue of $7.1M, expenses of $6.2M, and assets of $7.8M (revenue +1.8% year-over-year).
- 2018: Revenue of $7.0M, expenses of $6.7M, and assets of $7.0M (revenue +1.3% year-over-year).
- 2017: Revenue of $6.9M, expenses of $6.4M, and assets of $6.7M (revenue -0.7% year-over-year).
- 2016: Revenue of $7.0M, expenses of $6.8M, and assets of $6.0M (revenue +104.4% year-over-year).
- 2015: Revenue of $3.4M, expenses of $2.9M, and assets of $6.0M (revenue -49.7% year-over-year).
- 2015: Revenue of $6.8M, expenses of $6.8M, and assets of $5.5M (revenue +2.8% year-over-year).
- 2014: Revenue of $6.6M, expenses of $6.3M, and assets of $5.6M (revenue +2.6% year-over-year).
- 2013: Revenue of $6.4M, expenses of $6.1M, and assets of $5.1M (revenue -5.1% year-over-year).
- 2012: Revenue of $6.8M, expenses of $6.3M, and assets of $4.9M (revenue +9.5% year-over-year).
- 2011: Revenue of $6.2M, expenses of $6.5M, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Federation Of Labor & Congress Of Industrial Orgs:
Data Sources and Methodology
This transparency report for American Federation Of Labor & Congress Of Industrial Orgs 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.