Business Council Of New York State
Business Council Of New York State consistently generates revenue but carries significant liabilities relative to assets.
EIN: 141401680 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.8M |
| Total Expenses | $7.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $-455,603 |
| Transparency Score | 75/100 |
Is Business Council Of New York State Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Business Council Of New York State directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Business Council Of New York State
Business Council Of New York State (EIN: 141401680) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $8.8M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Business Council Of New York State's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Business Council Of New York State is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.6M |
| Total Expenses | $7.0M |
| Surplus / Deficit | +$527K |
| Total Assets | $4.8M |
| Total Liabilities | $5.3M |
| Net Assets | $-455,603 |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 109.4% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2023, Business Council Of New York State reported a surplus of $527K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 109.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Business Council Of New York State's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.8% | +5.9% | -0.8% |
| 2022 | -1.5% | +7.7% | +26.5% |
| 2021 | +8.4% | +3.1% | +13.8% |
| 2020 | -13.8% | -11.7% | -6.2% |
| 2019 | +5.8% | -11.2% | -15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Business Council Of New York State 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Business Council Of New York State allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $527K, with revenue exceeding expenses.
- Debt-to-asset ratio: 109.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $7 million annually. This suggests either that executive leadership is entirely uncompensated, or that their compensation is reported under different categories, warranting further clarification for complete transparency.
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 Business Council Of New York State's IRS 990 filings:
- Consistent high liabilities relative to assets, indicating potential long-term financial risk or complex financial structure.
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive remuneration if it's reported elsewhere or through related entities.
Strengths
The following positive indicators were identified for Business Council Of New York State:
- Consistent revenue generation, with recent years showing revenues exceeding expenses (e.g., $7,567,509 revenue vs. $7,040,018 expenses in 2023).
- Operational surpluses in recent years, indicating sound day-to-day financial management.
- Strong transparency regarding reported officer compensation (0%), though further clarification on executive remuneration is needed.
Frequently Asked Questions about Business Council Of New York State
Is Business Council Of New York State a legitimate charity?
Business Council Of New York State (EIN: 141401680) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.8M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Business Council Of New York State spend its money?
Business Council Of New York State directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Business Council Of New York State tax-deductible?
Business Council Of New York State is registered as a tax-exempt nonprofit (EIN: 141401680). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Business Council Of New York State CEO make?
Business Council Of New York State's highest-compensated officer earns $7 annually. The organization reported $8.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Business Council Of New York State's spending goes to programs?
Business Council Of New York State directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Business Council Of New York State located?
Business Council Of New York State is headquartered in Albany, New York and files with the IRS under EIN 141401680.
How many years of IRS 990 filings does Business Council Of New York State have?
Business Council Of New York State 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 $8.8M in total revenue.
How does the Business Council Of New York State manage its significant liabilities, which consistently exceed its assets?
The filings show a consistent pattern where liabilities are higher than assets (e.g., 2023: $5,304,350 liabilities vs. $4,848,747 assets). This could indicate reliance on debt, deferred revenue, or specific accounting practices that require further context to fully understand the organization's financial structure and solvency.
Is the 0% officer compensation reported accurate, and if so, how is executive leadership compensated?
The IRS 990 filings consistently state 0% officer compensation. This is highly unusual for an organization of this scale. It suggests either that executives are volunteers, compensated by a related entity, or their compensation is categorized differently within the financial statements, which would require deeper analysis of the full 990 forms to clarify.
What is the primary source of the organization's revenue, given its consistent annual income of over $7 million?
While the provided data shows consistent revenue generation (e.g., $7,567,509 in 2023), the specific sources (e.g., membership dues, program service revenue, contributions) are not detailed in this summary. A full IRS 990 would provide this breakdown.
Filing History
IRS 990 filing history for Business Council Of New York State showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Business Council Of New York State's revenue has grown by 10.9%, moving from $6.8M to $7.6M. Total assets increased by 8.9% over the same period, from $4.5M to $4.8M. Total functional expenses rose by 2.7%, from $6.9M to $7.0M. In its most recent filing year (2023), Business Council Of New York State reported a surplus of $527K, with revenue exceeding expenses. The organization holds $5.3M in liabilities against $4.8M in assets (debt-to-asset ratio: 109.4%), resulting in net assets of $-455,603.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.6M | $7.0M | $4.8M | $5.3M | — | View 990 |
| 2022 | $7.2M | $6.6M | $4.9M | $6.7M | — | View 990 |
| 2021 | $7.3M | $6.2M | $3.9M | $7.3M | — | View 990 |
| 2020 | $6.8M | $6.0M | $3.4M | $9.5M | — | — |
| 2019 | $7.9M | $6.8M | $3.6M | $9.0M | — | View 990 |
| 2018 | $7.4M | $7.6M | $4.3M | $10.6M | — | View 990 |
| 2017 | $7.2M | $7.4M | $4.5M | $11.3M | — | View 990 |
| 2016 | $6.7M | $7.3M | $4.5M | $11.5M | — | View 990 |
| 2015 | $6.8M | $7.4M | $4.7M | $10.1M | — | View 990 |
| 2014 | $7.0M | $6.9M | $5.1M | $9.6M | — | View 990 |
| 2013 | $7.4M | $7.3M | $5.0M | $6.4M | — | View 990 |
| 2012 | $7.0M | $7.2M | $4.6M | $9.9M | — | View 990 |
| 2011 | $6.8M | $6.9M | $4.5M | $8.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.6M, expenses of $7.0M, and assets of $4.8M (revenue +4.8% year-over-year).
- 2022: Revenue of $7.2M, expenses of $6.6M, and assets of $4.9M (revenue -1.5% year-over-year).
- 2021: Revenue of $7.3M, expenses of $6.2M, and assets of $3.9M (revenue +8.4% year-over-year).
- 2020: Revenue of $6.8M, expenses of $6.0M, and assets of $3.4M (revenue -13.8% year-over-year).
- 2019: Revenue of $7.9M, expenses of $6.8M, and assets of $3.6M (revenue +5.8% year-over-year).
- 2018: Revenue of $7.4M, expenses of $7.6M, and assets of $4.3M (revenue +2.9% year-over-year).
- 2017: Revenue of $7.2M, expenses of $7.4M, and assets of $4.5M (revenue +8.5% year-over-year).
- 2016: Revenue of $6.7M, expenses of $7.3M, and assets of $4.5M (revenue -2.2% year-over-year).
- 2015: Revenue of $6.8M, expenses of $7.4M, and assets of $4.7M (revenue -3.2% year-over-year).
- 2014: Revenue of $7.0M, expenses of $6.9M, and assets of $5.1M (revenue -4.8% year-over-year).
- 2013: Revenue of $7.4M, expenses of $7.3M, and assets of $5.0M (revenue +4.8% year-over-year).
- 2012: Revenue of $7.0M, expenses of $7.2M, and assets of $4.6M (revenue +3.1% year-over-year).
- 2011: Revenue of $6.8M, expenses of $6.9M, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Business Council Of New York State:
Data Sources and Methodology
This transparency report for Business Council Of New York State 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.