Ellis Hospital Foundation Inc

Ellis Hospital Foundation maintains strong asset growth with zero reported officer compensation.

EIN: 141638957 · Schenectady, NY · NTEE: E110 · Updated: 2026-03-28

$11.5MRevenue
$6.4MGross Revenue
$25.9MAssets
85/100Mission Score (Excellent)
E110

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Ellis Hospital Foundation Inc Financial Summary
MetricValue
Total Revenue$11.5M
Total Expenses$3.3M
Program Spending75%
CEO/Top Officer Pay$23,020,389.
Net Assets$22.7M
Transparency Score85/100

Search Intent Cockpit

Ellis Hospital Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Ellis Hospital Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Ellis Hospital Foundation Inc in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $4.3M and expenses of $3.3M.

Revenue and Expenses

Ellis Hospital Foundation Inc reported $4.3M in revenue and $3.3M in expenses, a surplus of $925K.

Executive Compensation

Top officer compensation appears as $23,020,389. in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.

Is Ellis Hospital Foundation Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
75%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Ellis Hospital Foundation Inc Expense Deployment
Program services$2.5M (75%)

Across stored filings, Ellis Hospital Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Ellis Hospital Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend75% to programsExcellent
Financial durabilityGrade A14 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Health context

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Ellis Hospital Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Ellis Hospital Foundation Inc

Ellis Hospital Foundation Inc (EIN: 141638957) is a nonprofit organization based in Schenectady, NY, classified under NTEE code E110. The organization reported total revenue of $11.5M and total assets of $25.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ellis Hospital Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

43Years Operating
LargeSize Classification
14Years of Filings
MixedRevenue Trajectory

Ellis Hospital Foundation Inc is a large nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.3M
Total Expenses$3.3M
Surplus / Deficit+$925K
Total Assets$23.0M
Total Liabilities$284K
Net Assets$22.7M
Operating Margin21.7%
Debt-to-Asset Ratio1.2%
Months of Reserves82.7 months

Financial Health Grade: A

In 2023, Ellis Hospital Foundation Inc reported a surplus of $925K with revenue exceeding expenses, holds 82.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).

Financial Trends

Over 14 years of filings (2010–2023), Ellis Hospital Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-8.2%-33.2%+7.4%
2022-28.1%+15.4%-11.9%
2021-40.4%-2.2%+9.9%
2020+241.5%+22.0%+34.2%
2019+13.5%-7.4%+9.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1983

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

AI Transparency Report

Ellis Hospital Foundation Inc. demonstrates a generally stable financial position with fluctuating revenues and expenses over the past decade. In the most recent filing (202312), the organization reported revenues of $4,267,118 against expenses of $3,341,920, indicating a surplus for the period. Assets have shown consistent growth, reaching $23,020,389 in 2023, up from $17,896,459 in 2014, which suggests effective asset management and investment. The foundation's primary role is likely fundraising to support Ellis Hospital, and its financial health appears robust enough to continue this mission. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice is commendable and suggests a lean operational structure at the executive level. Overall, the foundation appears to be financially sound, with a positive trend in assets and a clear commitment to transparency regarding executive compensation. Further analysis of the detailed expense categories would provide a more complete picture of spending efficiency, but the available data points to a well-managed entity focused on its charitable purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ellis Hospital Foundation Inc with a Mission Score of 85 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Ellis Hospital Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$4.3MTotal Revenue
$3.3MTotal Expenses
$23.0MTotal Assets
$284KTotal Liabilities
$22.7MNet Assets
  • The organization reported a surplus of $925K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 1.2%.

Executive Compensation Analysis

Ellis Hospital Foundation Inc. consistently reports 0% officer compensation across all available filings, including the latest period (202312). This indicates a strong commitment to directing all funds towards its mission and suggests that executive leadership may be volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size with assets of $23,020,389.

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.

Strengths

The following positive indicators were identified for Ellis Hospital Foundation Inc:

  • Consistent asset growth, from $17,896,459 in 2014 to $23,020,389 in 2023.
  • Zero reported officer compensation across all 14 filings, indicating high transparency and efficient use of funds.
  • Positive operating margin in the most recent filing (202312), with revenue exceeding expenses by nearly $1 million.
  • Strong financial reserves with total assets of $25,948,791 (latest available data point).

Frequently Asked Questions about Ellis Hospital Foundation Inc

Is Ellis Hospital Foundation Inc a legitimate charity?

Ellis Hospital Foundation Inc (EIN: 141638957) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $11.5M. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Ellis Hospital Foundation Inc spend its money?

Ellis Hospital Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Ellis Hospital Foundation Inc tax-deductible?

Ellis Hospital Foundation Inc is registered as a tax-exempt nonprofit (EIN: 141638957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Ellis Hospital Foundation Inc CEO make?

Ellis Hospital Foundation Inc's highest-compensated officer earns $23,020,389. annually. The organization reported $11.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Ellis Hospital Foundation Inc's spending goes to programs?

Ellis Hospital Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Ellis Hospital Foundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Ellis Hospital Foundation Inc is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Ellis Hospital Foundation Inc located?

Ellis Hospital Foundation Inc is headquartered in Schenectady, New York and files with the IRS under EIN 141638957. It is classified under NTEE code E110.

How many years of IRS 990 filings does Ellis Hospital Foundation Inc have?

Ellis Hospital Foundation Inc 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 $11.5M in total revenue.

Is Ellis Hospital Foundation Inc. a good charity?

Based on the available data, Ellis Hospital Foundation Inc. appears to be a good charity. It demonstrates strong asset growth, a positive revenue-to-expense ratio in recent years (e.g., $4,267,118 revenue vs. $3,341,920 expenses in 2023), and notably reports 0% officer compensation, indicating a high level of financial stewardship and transparency.

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

Over the past decade, Ellis Hospital Foundation Inc. has shown consistent asset growth, increasing from $17,896,459 in 2014 to $23,020,389 in 2023. While revenues and expenses have fluctuated year-to-year, the overall trend in assets and the consistent reporting of zero officer compensation suggest a stable and well-managed financial trajectory.

What is the trend in revenue and expenses?

Revenue and expenses for Ellis Hospital Foundation Inc. have shown variability. For example, revenue peaked at $10,842,127 in 2020 before settling around $4-6 million in subsequent years. Expenses have generally remained in the $3-5 million range. In 2023, revenue ($4,267,118) exceeded expenses ($3,341,920), indicating a positive operating margin for that period.

Filing History

IRS 990 filing history for Ellis Hospital Foundation Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Ellis Hospital Foundation Inc's revenue has declined by 26.9%, moving from $5.8M to $4.3M. Total assets increased by 44.3% over the same period, from $16.0M to $23.0M. Total functional expenses rose by 10.3%, from $3.0M to $3.3M. In its most recent filing year (2023), Ellis Hospital Foundation Inc reported a surplus of $925K, with revenue exceeding expenses. The organization holds $284K in liabilities against $23.0M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $22.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.3M $3.3M $23.0M $284K
2022 $4.6M $5.0M $21.4M $1.4M View 990
2021 $6.5M $4.3M $24.3M $980K View 990
2020 $10.8M $4.4M $22.1M $1.6M View 990
2019 $3.2M $3.6M $16.5M $821K View 990
2018 $2.8M $3.9M $15.0M $836K View 990
2017 $3.4M $4.0M $17.1M $392K View 990
2016 $4.1M $4.5M $16.9M $628K View 990
2015 $3.1M $3.8M $16.5M $393K View 990
2014 $3.7M $4.2M $17.9M $321K View 990
2013 $3.7M $4.0M $17.6M $329K View 990
2012 $3.1M $2.9M $15.8M $328K View 990
2011 $5.5M $4.6M $16.2M $1.0M View 990
2010 $5.8M $3.0M $16.0M $263K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.3M, expenses of $3.3M, and assets of $23.0M (revenue -8.2% year-over-year).
  • 2022: Revenue of $4.6M, expenses of $5.0M, and assets of $21.4M (revenue -28.1% year-over-year).
  • 2021: Revenue of $6.5M, expenses of $4.3M, and assets of $24.3M (revenue -40.4% year-over-year).
  • 2020: Revenue of $10.8M, expenses of $4.4M, and assets of $22.1M (revenue +241.5% year-over-year).
  • 2019: Revenue of $3.2M, expenses of $3.6M, and assets of $16.5M (revenue +13.5% year-over-year).
  • 2018: Revenue of $2.8M, expenses of $3.9M, and assets of $15.0M (revenue -18.3% year-over-year).
  • 2017: Revenue of $3.4M, expenses of $4.0M, and assets of $17.1M (revenue -16.1% year-over-year).
  • 2016: Revenue of $4.1M, expenses of $4.5M, and assets of $16.9M (revenue +31.1% year-over-year).
  • 2015: Revenue of $3.1M, expenses of $3.8M, and assets of $16.5M (revenue -15.6% year-over-year).
  • 2014: Revenue of $3.7M, expenses of $4.2M, and assets of $17.9M (revenue -0.2% year-over-year).
  • 2013: Revenue of $3.7M, expenses of $4.0M, and assets of $17.6M (revenue +20.6% year-over-year).
  • 2012: Revenue of $3.1M, expenses of $2.9M, and assets of $15.8M (revenue -44.1% year-over-year).
  • 2011: Revenue of $5.5M, expenses of $4.6M, and assets of $16.2M (revenue -6.1% year-over-year).
  • 2010: Revenue of $5.8M, expenses of $3.0M, and assets of $16.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ellis Hospital Foundation Inc:

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 2010 Filing

Data Sources and Methodology

This transparency report for Ellis Hospital Foundation Inc 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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