Empire State Medical Scientific And Educational Foundation Inc
Empire State Medical Scientific And Educational Foundation Inc shows consistent revenue growth and zero reported officer compensation over a decade.
EIN: 131939109 · Camillus, NY · NTEE: G00D · Updated: 2026-03-28
About Empire State Medical Scientific And Educational Foundation Inc
Empire State Medical Scientific And Educational Foundation Inc (EIN: 131939109) is a nonprofit organization based in Camillus, NY, classified under NTEE code G00D. The organization reported total revenue of $9.9M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Empire State Medical Scientific And Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Empire State Medical Scientific And Educational Foundation Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Empire State Medical Scientific And Educational Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with revenues approaching $8 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.
Strengths
The following positive indicators were identified for Empire State Medical Scientific And Educational Foundation Inc:
- Consistent revenue growth, from $3.4M in 2014 to $7.9M in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Healthy surplus in most recent filing ($7,969,654 revenue vs. $7,514,082 expenses in 2023).
- Significant increase in assets over the decade, from $2.3M in 2014 to $9.6M in 2023, demonstrating financial stability.
- Positive trend in net assets, indicating growing financial strength.
Frequently Asked Questions about Empire State Medical Scientific And Educational Foundation Inc
Is Empire State Medical Scientific And Educational Foundation Inc a good charity?
Based on the provided financial data, the organization appears to be a good charity. It demonstrates consistent financial growth, maintains a healthy surplus, and notably reports 0% officer compensation, suggesting a strong dedication to its mission.
How has the organization's financial health changed over the last decade?
The organization's financial health has significantly improved over the last decade. Revenue grew from $3,424,441 in 2014 to $7,969,654 in 2023, and assets increased from $2,394,915 to $9,640,560 in the same period, indicating strong growth and stability.
What is the trend in the organization's net assets?
The organization's net assets show a strong positive trend. With assets growing from $2,394,915 in 2014 to $9,640,560 in 2023, and liabilities generally remaining a smaller proportion, the net assets have substantially increased, indicating growing financial strength.
Filing History
IRS 990 filing history for Empire State Medical Scientific And Educational Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Empire State Medical Scientific And Educational Foundation Inc's revenue has grown by 215.6%, moving from $2.5M to $8.0M. Total assets increased by 348.3% over the same period, from $2.2M to $9.6M. Total functional expenses rose by 224.6%, from $2.3M to $7.5M. In its most recent filing year (2023), Empire State Medical Scientific And Educational Foundation Inc reported a surplus of $456K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $9.6M in assets (debt-to-asset ratio: 31.9%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8.0M | $7.5M | $9.6M | $3.1M | — | View 990 |
| 2022 | $6.8M | $6.9M | $9.5M | $3.4M | — | View 990 |
| 2021 | $7.1M | $6.6M | $6.6M | $389K | — | View 990 |
| 2020 | $6.9M | $6.5M | $6.6M | $821K | — | — |
| 2019 | $6.2M | $6.1M | $5.7M | $357K | — | View 990 |
| 2018 | $6.7M | $6.1M | $5.6M | $350K | — | View 990 |
| 2017 | $7.9M | $6.4M | $5.0M | $399K | — | View 990 |
| 2016 | $5.4M | $5.0M | $3.5M | $311K | — | View 990 |
| 2015 | $4.4M | $3.7M | $3.1M | $240K | — | View 990 |
| 2014 | $3.4M | $3.1M | $2.4M | $210K | — | View 990 |
| 2013 | $2.9M | $2.9M | $2.1M | $191K | — | View 990 |
| 2012 | $2.5M | $2.6M | $2.1M | $133K | — | View 990 |
| 2011 | $2.5M | $2.3M | $2.2M | $93K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.0M, expenses of $7.5M, and assets of $9.6M (revenue +16.4% year-over-year).
- 2022: Revenue of $6.8M, expenses of $6.9M, and assets of $9.5M (revenue -3.3% year-over-year).
- 2021: Revenue of $7.1M, expenses of $6.6M, and assets of $6.6M (revenue +2.9% year-over-year).
- 2020: Revenue of $6.9M, expenses of $6.5M, and assets of $6.6M (revenue +10.7% year-over-year).
- 2019: Revenue of $6.2M, expenses of $6.1M, and assets of $5.7M (revenue -6.7% year-over-year).
- 2018: Revenue of $6.7M, expenses of $6.1M, and assets of $5.6M (revenue -15.8% year-over-year).
- 2017: Revenue of $7.9M, expenses of $6.4M, and assets of $5.0M (revenue +47.5% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.0M, and assets of $3.5M (revenue +21.9% year-over-year).
- 2015: Revenue of $4.4M, expenses of $3.7M, and assets of $3.1M (revenue +28.3% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.1M, and assets of $2.4M (revenue +18.8% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.9M, and assets of $2.1M (revenue +13.9% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.6M, and assets of $2.1M (revenue +0.2% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.3M, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Empire State Medical Scientific And Educational 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.