Commission On Independent Colleges & Universities

Commission On Independent Colleges & Universities shows consistent asset growth and no reported officer compensation.

EIN: 132707879 · Albany, NY · NTEE: B40F · Updated: 2026-03-28

$2.8MRevenue
$2.6MGross Revenue
$9.6MAssets
92/100Mission Score (Excellent)
B40F
Commission On Independent Colleges & Universities Financial Summary
MetricValue
Total Revenue$2.8M
Total Expenses$2.4M
Program Spending90%
CEO/Top Officer Pay$10
Net Assets$6.8M
Transparency Score92/100

Is Commission On Independent Colleges & Universities Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Commission On Independent Colleges & Universities directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Commission On Independent Colleges & Universities

Commission On Independent Colleges & Universities (EIN: 132707879) is a nonprofit organization based in Albany, NY, classified under NTEE code B40F. The organization reported total revenue of $2.8M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Commission On Independent Colleges & Universities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

54Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Commission On Independent Colleges & Universities is a mid-size nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.5%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$2.6M
Total Expenses$2.4M
Surplus / Deficit+$267K
Total Assets$9.2M
Total Liabilities$2.5M
Net Assets$6.8M
Operating Margin10.2%
Debt-to-Asset Ratio26.8%
Months of Reserves47.1 months

Financial Health Grade: A

In 2024, Commission On Independent Colleges & Universities reported a surplus of $267K with revenue exceeding expenses, holds 47.1 months of operating reserves (strong position), has a debt-to-asset ratio of 26.8% (moderate leverage).

Financial Trends

Over 14 years of filings (2011–2024), Commission On Independent Colleges & Universities's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.

YearRevenue ChangeExpense ChangeAsset Change
2024+11.3%-1.8%+4.0%
2023+3.9%+9.0%+2.2%
2022-13.3%+18.4%+0.0%
2021+7.0%-3.1%+9.2%
2020+2.2%-0.8%+10.2%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1972

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Commission On Independent Colleges & Universities demonstrates consistent financial health, with assets steadily growing from $7,230,543 in 2019 to $9,246,059 in 2024. The organization generally operates with a surplus, as seen in 2024 where revenue of $2,624,953 exceeded expenses of $2,358,177. While there was a slight deficit in 2023, this appears to be an anomaly in an otherwise stable financial trend. The organization's spending efficiency is commendable, particularly given the reported 0% officer compensation across all available filings, indicating that executive leadership is not drawing a salary from the organization. This suggests a strong commitment to directing resources towards its mission. The consistent growth in assets, alongside manageable liabilities, further reinforces a picture of responsible financial stewardship. Transparency is a significant strength, evidenced by the readily available and consistent filing of IRS Form 990s over 14 periods. The absence of reported officer compensation is a key indicator of transparency and a focus on mission-driven spending. The detailed financial data provided across multiple years allows for a clear understanding of the organization's financial operations and trends.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Commission On Independent Colleges & Universities with a Mission Score of 92 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: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, Commission On Independent Colleges & Universities allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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:

$2.6MTotal Revenue
$2.4MTotal Expenses
$9.2MTotal Assets
$2.5MTotal Liabilities
$6.8MNet Assets
  • The organization reported a surplus of $267K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 26.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly unusual for an organization of this size with assets nearing $10 million.

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 Commission On Independent Colleges & Universities's IRS 990 filings:

  • Unusually low or zero reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is supported or compensated through other means not captured in 'officer compensation'.

Strengths

The following positive indicators were identified for Commission On Independent Colleges & Universities:

  • Consistent asset growth, increasing from $7,230,543 in 2019 to $9,246,059 in 2024.
  • Zero reported officer compensation across all filings, indicating a strong commitment to mission-focused spending.
  • Generally operates with a revenue surplus, demonstrating sound financial management.
  • Excellent transparency with 14 consistent IRS 990 filings.
  • Stable financial operations with manageable liabilities relative to assets.

Frequently Asked Questions about Commission On Independent Colleges & Universities

Is Commission On Independent Colleges & Universities a legitimate charity?

Commission On Independent Colleges & Universities (EIN: 132707879) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Commission On Independent Colleges & Universities spend its money?

Commission On Independent Colleges & Universities directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to Commission On Independent Colleges & Universities tax-deductible?

Commission On Independent Colleges & Universities is registered as a tax-exempt nonprofit (EIN: 132707879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Commission On Independent Colleges & Universities CEO make?

Commission On Independent Colleges & Universities's highest-compensated officer earns $10 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Commission On Independent Colleges & Universities's spending goes to programs?

Commission On Independent Colleges & Universities directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Commission On Independent Colleges & Universities compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Commission On Independent Colleges & Universities is above average for NTEE category B40F nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Commission On Independent Colleges & Universities located?

Commission On Independent Colleges & Universities is headquartered in Albany, New York and files with the IRS under EIN 132707879. It is classified under NTEE code B40F.

How many years of IRS 990 filings does Commission On Independent Colleges & Universities have?

Commission On Independent Colleges & Universities 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 $2.8M in total revenue.

Is Commission On Independent Colleges & Universities a good charity?

Based on the available financial data, the Commission On Independent Colleges & Universities appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to directing resources to its mission by reporting 0% officer compensation.

How has the organization's financial health changed over the past five years?

Over the past five years, the organization's financial health has improved significantly. Assets have grown from $7,230,543 in 2019 to $9,246,059 in 2024, and it has generally maintained a revenue surplus, indicating stable and growing financial capacity.

What is the trend in revenue versus expenses?

The trend shows that revenue has generally exceeded expenses, leading to surpluses in most years, such as in 2024 ($2,624,953 revenue vs. $2,358,177 expenses). There was a slight deficit in 2023, but overall, the organization manages its finances effectively to maintain a positive balance.

Filing History

IRS 990 filing history for Commission On Independent Colleges & Universities showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Commission On Independent Colleges & Universities's revenue has grown by 6.8%, moving from $2.5M to $2.6M. Total assets increased by 83% over the same period, from $5.1M to $9.2M. Total functional expenses fell by 4.4%, from $2.5M to $2.4M. In its most recent filing year (2024), Commission On Independent Colleges & Universities reported a surplus of $267K, with revenue exceeding expenses. The organization holds $2.5M in liabilities against $9.2M in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $6.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $2.6M $2.4M $9.2M $2.5M
2023 $2.4M $2.4M $8.9M $2.6M View 990
2022 $2.3M $2.2M $8.7M $2.5M View 990
2021 $2.6M $1.9M $8.7M $2.5M View 990
2020 $2.4M $1.9M $8.0M $2.7M View 990
2019 $2.4M $1.9M $7.2M $2.5M View 990
2018 $2.4M $2.1M $6.8M $2.6M View 990
2017 $2.3M $2.2M $6.4M $2.5M View 990
2016 $2.5M $2.5M $6.2M $2.5M View 990
2015 $4.2M $4.0M $7.4M $3.7M View 990
2014 $3.8M $3.6M $6.4M $2.9M View 990
2013 $2.8M $2.5M $5.7M $2.6M View 990
2012 $2.4M $2.2M $5.2M $2.4M View 990
2011 $2.5M $2.5M $5.1M $2.4M View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $2.6M, expenses of $2.4M, and assets of $9.2M (revenue +11.3% year-over-year).
  • 2023: Revenue of $2.4M, expenses of $2.4M, and assets of $8.9M (revenue +3.9% year-over-year).
  • 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $8.7M (revenue -13.3% year-over-year).
  • 2021: Revenue of $2.6M, expenses of $1.9M, and assets of $8.7M (revenue +7.0% year-over-year).
  • 2020: Revenue of $2.4M, expenses of $1.9M, and assets of $8.0M (revenue +2.2% year-over-year).
  • 2019: Revenue of $2.4M, expenses of $1.9M, and assets of $7.2M (revenue +1.7% year-over-year).
  • 2018: Revenue of $2.4M, expenses of $2.1M, and assets of $6.8M (revenue +4.1% year-over-year).
  • 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $6.4M (revenue -8.0% year-over-year).
  • 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $6.2M (revenue -41.2% year-over-year).
  • 2015: Revenue of $4.2M, expenses of $4.0M, and assets of $7.4M (revenue +9.5% year-over-year).
  • 2014: Revenue of $3.8M, expenses of $3.6M, and assets of $6.4M (revenue +34.0% year-over-year).
  • 2013: Revenue of $2.8M, expenses of $2.5M, and assets of $5.7M (revenue +18.3% year-over-year).
  • 2012: Revenue of $2.4M, expenses of $2.2M, and assets of $5.2M (revenue -2.1% year-over-year).
  • 2011: Revenue of $2.5M, expenses of $2.5M, and assets of $5.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Commission On Independent Colleges & Universities:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Commission On Independent Colleges & Universities 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.

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