Capital Area Schools Health Insur Consortium
Capital Area Schools Health Insur Consortium consistently directs nearly all revenue to program services with no reported officer compensation.
EIN: 146168576 · Scotia, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $295.8M |
| Total Expenses | $268.9M |
| Program Spending | 99% |
| CEO/Top Officer Pay | $270M |
| Net Assets | $79.1M |
| Transparency Score | 95/100 |
Is Capital Area Schools Health Insur Consortium Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital Area Schools Health Insur Consortium directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital Area Schools Health Insur Consortium
Capital Area Schools Health Insur Consortium (EIN: 146168576) is a nonprofit organization based in Scotia, NY. The organization reported total revenue of $295.8M and total assets of $85.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Area Schools Health Insur Consortium's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Area Schools Health Insur Consortium is a major nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $270.8M |
| Total Expenses | $268.9M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $87.3M |
| Total Liabilities | $8.2M |
| Net Assets | $79.1M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 9.4% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2024, Capital Area Schools Health Insur Consortium reported a surplus of $1.9M with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 9.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Capital Area Schools Health Insur Consortium's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.5% | +6.0% | +0.6% |
| 2023 | +9.1% | +11.0% | +1.2% |
| 2022 | +3.5% | +9.9% | +4.1% |
| 2021 | +10.3% | +9.9% | +20.0% |
| 2020 | +2.7% | +2.7% | +24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Capital Area Schools Health Insur Consortium with a Mission Score of 95 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Capital Area Schools Health Insur Consortium allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation directly from the organization, which is highly unusual for an entity of this size ($270M+ revenue) and suggests a very lean administrative structure or that compensation is handled through a different mechanism not reported on the 990.
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 Capital Area Schools Health Insur Consortium's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
- Consistent 0% officer compensation for an organization of this scale is unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Capital Area Schools Health Insur Consortium:
- Extremely high program spending ratio, with expenses closely matching revenue (e.g., 202406: $268,942,609 expenses vs. $270,832,204 revenue).
- No reported officer compensation across all filings, indicating a strong commitment to directing funds to its mission.
- Consistent and significant growth in revenue and assets over the past decade, demonstrating financial stability and expansion.
- Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., 202406: $8,168,876 liabilities vs. $87,312,475 assets).
Frequently Asked Questions about Capital Area Schools Health Insur Consortium
Is Capital Area Schools Health Insur Consortium a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital Area Schools Health Insur Consortium (EIN: 146168576) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Capital Area Schools Health Insur Consortium spend its money?
Capital Area Schools Health Insur Consortium directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capital Area Schools Health Insur Consortium tax-deductible?
Capital Area Schools Health Insur Consortium is registered as a tax-exempt nonprofit (EIN: 146168576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Capital Area Schools Health Insur Consortium CEO make?
Capital Area Schools Health Insur Consortium's highest-compensated officer earns $270M annually. The organization reported $295.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Capital Area Schools Health Insur Consortium located?
Capital Area Schools Health Insur Consortium is headquartered in Scotia, New York and files with the IRS under EIN 146168576.
How many years of IRS 990 filings does Capital Area Schools Health Insur Consortium have?
Capital Area Schools Health Insur Consortium 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 $295.8M in total revenue.
Is Capital Area Schools Health Insur Consortium a good charity?
Based on the financial data, the organization appears to be highly effective and efficient in its mission. It consistently allocates nearly all its revenue to program services, with minimal administrative overhead and no reported officer compensation, which are strong indicators of a well-managed and mission-focused entity.
How does the organization manage to have 0% officer compensation with such high revenue?
The IRS 990 filings consistently report 0% officer compensation. This could mean that executive functions are performed by volunteers, by staff whose compensation is categorized differently (e.g., as program expenses if they also deliver services), or that the organization contracts for executive services rather than employing officers directly. Further investigation into their operational structure would be needed to fully understand this.
What is the trend in the organization's financial growth?
The organization has shown significant and consistent growth over the past decade. Revenue has more than doubled from $111,101,257 in 2015 to $270,832,204 in 2024, and assets have grown from $24,807,723 to $87,312,475 in the same period, indicating strong financial health and expansion.
Filing History
IRS 990 filing history for Capital Area Schools Health Insur Consortium showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Capital Area Schools Health Insur Consortium's revenue has grown by 192.2%, moving from $92.7M to $270.8M. Total assets increased by 559.8% over the same period, from $13.2M to $87.3M. Total functional expenses rose by 183.4%, from $94.9M to $268.9M. In its most recent filing year (2024), Capital Area Schools Health Insur Consortium reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $8.2M in liabilities against $87.3M in assets (debt-to-asset ratio: 9.4%), resulting in net assets of $79.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $270.8M | $268.9M | $87.3M | $8.2M | — | View 990 |
| 2023 | $252.0M | $253.6M | $86.8M | $9.6M | — | — |
| 2022 | $230.9M | $228.5M | $85.8M | $3.5M | — | View 990 |
| 2021 | $223.1M | $207.9M | $82.4M | $2.4M | — | — |
| 2020 | $202.2M | $189.2M | $68.7M | $3.8M | — | View 990 |
| 2019 | $196.9M | $184.3M | $55.2M | $3.3M | — | View 990 |
| 2018 | $183.3M | $170.1M | $44.2M | $4.9M | — | — |
| 2017 | $123.2M | $120.4M | $28.5M | $2.4M | — | View 990 |
| 2016 | $115.1M | $114.2M | $25.0M | $1.7M | — | View 990 |
| 2015 | $111.1M | $108.6M | $24.8M | $2.4M | — | View 990 |
| 2014 | $105.6M | $99.2M | $21.9M | $2.0M | — | View 990 |
| 2013 | $99.7M | $94.7M | $14.7M | $1.3M | — | View 990 |
| 2012 | $97.0M | $93.6M | $9.8M | $1.2M | — | View 990 |
| 2011 | $92.7M | $94.9M | $13.2M | $8.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $270.8M, expenses of $268.9M, and assets of $87.3M (revenue +7.5% year-over-year).
- 2023: Revenue of $252.0M, expenses of $253.6M, and assets of $86.8M (revenue +9.1% year-over-year).
- 2022: Revenue of $230.9M, expenses of $228.5M, and assets of $85.8M (revenue +3.5% year-over-year).
- 2021: Revenue of $223.1M, expenses of $207.9M, and assets of $82.4M (revenue +10.3% year-over-year).
- 2020: Revenue of $202.2M, expenses of $189.2M, and assets of $68.7M (revenue +2.7% year-over-year).
- 2019: Revenue of $196.9M, expenses of $184.3M, and assets of $55.2M (revenue +7.4% year-over-year).
- 2018: Revenue of $183.3M, expenses of $170.1M, and assets of $44.2M (revenue +48.8% year-over-year).
- 2017: Revenue of $123.2M, expenses of $120.4M, and assets of $28.5M (revenue +7.1% year-over-year).
- 2016: Revenue of $115.1M, expenses of $114.2M, and assets of $25.0M (revenue +3.6% year-over-year).
- 2015: Revenue of $111.1M, expenses of $108.6M, and assets of $24.8M (revenue +5.2% year-over-year).
- 2014: Revenue of $105.6M, expenses of $99.2M, and assets of $21.9M (revenue +5.9% year-over-year).
- 2013: Revenue of $99.7M, expenses of $94.7M, and assets of $14.7M (revenue +2.8% year-over-year).
- 2012: Revenue of $97.0M, expenses of $93.6M, and assets of $9.8M (revenue +4.6% year-over-year).
- 2011: Revenue of $92.7M, expenses of $94.9M, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Area Schools Health Insur Consortium:
Data Sources and Methodology
This transparency report for Capital Area Schools Health Insur Consortium 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.