Families Together In New York State Inc
Families Together In New York State Inc maintains stable finances with consistent revenue and asset growth.
EIN: 141786202 · Albany, NY · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Families Together In New York State Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Families Together In New York State Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Families Together In New York State Inc
Families Together In New York State Inc (EIN: 141786202) is a nonprofit organization based in Albany, NY, classified under NTEE code P20. The organization reported total revenue of $3.8M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Families Together In New York State Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Families Together In New York State Inc is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$145K |
| Total Assets | $1.6M |
| Total Liabilities | $511K |
| Net Assets | $1.1M |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 31.6% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2023, Families Together In New York State Inc reported a surplus of $145K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 31.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Families Together In New York State Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.2% | +9.5% | +14.0% |
| 2022 | +6.3% | +19.3% | -29.0% |
| 2021 | +9.7% | -1.5% | -4.1% |
| 2020 | -11.9% | -8.6% | +40.9% |
| 2019 | +6.1% | +7.2% | -20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Families Together In New York State 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: 80%
- fundraising: 5%
According to IRS 990 filings, Families Together In New York State Inc 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 $145K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with annual revenues exceeding $3 million. This could indicate a volunteer executive leadership or that compensation is categorized differently, warranting further inquiry for complete understanding.
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 Families Together In New York State Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Families Together In New York State Inc:
- Consistent revenue generation, with 2023 revenue at $4,081,895.
- Healthy asset base relative to liabilities, with $1,618,492 in assets and $511,065 in liabilities in 2023.
- Long history of IRS 990 filings (13 filings), indicating transparency.
- Generally positive net income or near break-even operations over the past decade, demonstrating financial stability.
Frequently Asked Questions about Families Together In New York State Inc
Is Families Together In New York State Inc a legitimate charity?
Families Together In New York State Inc (EIN: 141786202) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Families Together In New York State Inc spend its money?
Families Together In New York State Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Families Together In New York State Inc tax-deductible?
Families Together In New York State Inc is registered as a tax-exempt nonprofit (EIN: 141786202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Families Together In New York State Inc CEO make?
Families Together In New York State Inc's highest-compensated officer earns $3 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Families Together In New York State Inc's spending goes to programs?
Families Together In New York State Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Families Together In New York State Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Families Together In New York State Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Families Together In New York State Inc located?
Families Together In New York State Inc is headquartered in Albany, New York and files with the IRS under EIN 141786202. It is classified under NTEE code P20.
How many years of IRS 990 filings does Families Together In New York State Inc have?
Families Together In New York State Inc 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 $3.8M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of these categories. Further analysis of the full IRS Form 990 would be required to determine the exact percentages.
How does Families Together In New York State Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation suggests either a volunteer executive leadership or that executive salaries are reported under other expense categories, which would need clarification from the full 990 forms.
What are the specific programs and services offered by Families Together In New York State Inc?
The NTEE code P20 indicates 'Mental Health Treatment & Services', suggesting a focus on mental health support. However, specific program details are not available in the provided financial summary.
Filing History
IRS 990 filing history for Families Together In New York State Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Families Together In New York State Inc's revenue has grown by 19%, moving from $3.4M to $4.1M. Total assets increased by 41.6% over the same period, from $1.1M to $1.6M. Total functional expenses rose by 17.6%, from $3.3M to $3.9M. In its most recent filing year (2023), Families Together In New York State Inc reported a surplus of $145K, with revenue exceeding expenses. The organization holds $511K in liabilities against $1.6M in assets (debt-to-asset ratio: 31.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $3.9M | $1.6M | $511K | — | View 990 |
| 2022 | $3.4M | $3.6M | $1.4M | $457K | — | View 990 |
| 2021 | $3.2M | $3.0M | $2.0M | $865K | — | View 990 |
| 2020 | $2.9M | $3.1M | $2.1M | $1.2M | — | — |
| 2019 | $3.3M | $3.4M | $1.5M | $430K | — | View 990 |
| 2018 | $3.1M | $3.1M | $1.9M | $802K | — | View 990 |
| 2017 | $2.9M | $2.8M | $1.3M | $292K | — | View 990 |
| 2016 | $2.6M | $2.6M | $1.3M | $339K | — | View 990 |
| 2015 | $2.6M | $2.5M | $1.1M | $226K | — | View 990 |
| 2014 | $2.9M | $2.8M | $1.1M | $232K | — | View 990 |
| 2013 | $2.9M | $2.9M | $995K | $208K | — | View 990 |
| 2012 | $3.2M | $3.1M | $1.1M | $266K | — | View 990 |
| 2011 | $3.4M | $3.3M | $1.1M | $497K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $3.9M, and assets of $1.6M (revenue +19.2% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.6M, and assets of $1.4M (revenue +6.3% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.0M, and assets of $2.0M (revenue +9.7% year-over-year).
- 2020: Revenue of $2.9M, expenses of $3.1M, and assets of $2.1M (revenue -11.9% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.4M, and assets of $1.5M (revenue +6.1% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.1M, and assets of $1.9M (revenue +10.3% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.8M, and assets of $1.3M (revenue +8.3% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.6M, and assets of $1.3M (revenue +1.0% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.5M, and assets of $1.1M (revenue -9.7% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.8M, and assets of $1.1M (revenue +0.5% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.9M, and assets of $995K (revenue -10.9% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.1M, and assets of $1.1M (revenue -6.0% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.3M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Families Together In New York State Inc:
Data Sources and Methodology
This transparency report for Families Together In New York State 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.