Greater Adirondack Home Aides Inc
Greater Adirondack Home Aides Inc maintains stable assets despite recent operating deficit, with no reported officer compensation.
EIN: 141491972 · Queensbury, NY · NTEE: P44Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $3.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3.5M |
| Net Assets | $1.8M |
| Transparency Score | 90/100 |
Is Greater Adirondack Home Aides Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Adirondack Home Aides Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Adirondack Home Aides Inc
Greater Adirondack Home Aides Inc (EIN: 141491972) is a nonprofit organization based in Queensbury, NY, classified under NTEE code P44Z. The organization reported total revenue of $4.6M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Adirondack Home Aides Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Adirondack Home Aides Inc is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-325,617 |
| Total Assets | $2.0M |
| Total Liabilities | $259K |
| Net Assets | $1.8M |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 6.3 months |
Financial Health Grade: B
In 2023, Greater Adirondack Home Aides Inc reported a deficit of $326K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Adirondack Home Aides Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.6% | +6.6% | -11.3% |
| 2022 | +9.6% | +8.3% | -8.5% |
| 2021 | -13.9% | -9.1% | +11.7% |
| 2020 | -19.2% | -16.0% | +5.0% |
| 2019 | +1.4% | -1.3% | +27.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Greater Adirondack Home Aides 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: 90%
- fundraising: 0%
According to IRS 990 filings, Greater Adirondack Home Aides Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $326K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size ($3.5M+ revenue) and suggests a strong dedication to mission-focused spending.
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 Greater Adirondack Home Aides Inc's IRS 990 filings:
- Recent operating deficit in 202312 ($325,617)
Strengths
The following positive indicators were identified for Greater Adirondack Home Aides Inc:
- Consistent reporting of 0% officer compensation across all filings
- Strong asset base relative to liabilities ($2,030,220 assets vs. $259,452 liabilities in 202312)
- Long history of IRS 990 filings (13 filings)
- Likely very high program spending efficiency due to no reported officer compensation
Frequently Asked Questions about Greater Adirondack Home Aides Inc
Is Greater Adirondack Home Aides Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Adirondack Home Aides Inc (EIN: 141491972) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Greater Adirondack Home Aides Inc spend its money?
Greater Adirondack Home Aides Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater Adirondack Home Aides Inc tax-deductible?
Greater Adirondack Home Aides Inc is registered as a tax-exempt nonprofit (EIN: 141491972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Adirondack Home Aides Inc CEO make?
Greater Adirondack Home Aides Inc's highest-compensated officer earns $3.5M annually. The organization reported $4.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Greater Adirondack Home Aides Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Greater Adirondack Home Aides Inc is above average for NTEE category P44Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater Adirondack Home Aides Inc located?
Greater Adirondack Home Aides Inc is headquartered in Queensbury, New York and files with the IRS under EIN 141491972. It is classified under NTEE code P44Z.
How many years of IRS 990 filings does Greater Adirondack Home Aides Inc have?
Greater Adirondack Home Aides 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 $4.6M in total revenue.
Is Greater Adirondack Home Aides Inc a good charity?
Based on the available IRS 990 data, Greater Adirondack Home Aides Inc appears to be a very good charity. It demonstrates strong financial stability with healthy assets relative to liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings. Its program spending is likely very high given the lack of officer compensation and fundraising expenses.
How does Greater Adirondack Home Aides Inc manage its executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no officers received salaries or other compensation from the organization. This is a significant positive indicator for directing funds to programs.
What is the trend in Greater Adirondack Home Aides Inc's financial performance?
Greater Adirondack Home Aides Inc has generally maintained stable revenues and expenses over the past decade, typically operating with a slight surplus. The most recent filing (202312) shows a deficit of $325,617 ($3,527,086 revenue vs. $3,852,703 expenses), which is a deviation from its usual trend but not necessarily alarming given its strong asset base of $2,030,220.
Filing History
IRS 990 filing history for Greater Adirondack Home Aides Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Adirondack Home Aides Inc's revenue has grown by 65.3%, moving from $2.1M to $3.5M. Total assets increased by 153.6% over the same period, from $800K to $2.0M. Total functional expenses rose by 87%, from $2.1M to $3.9M. In its most recent filing year (2023), Greater Adirondack Home Aides Inc reported a deficit of $326K, with expenses exceeding revenue. The organization holds $259K in liabilities against $2.0M in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.9M | $2.0M | $259K | — | — |
| 2022 | $3.7M | $3.6M | $2.3M | $292K | — | View 990 |
| 2021 | $3.3M | $3.3M | $2.5M | $301K | — | View 990 |
| 2020 | $3.9M | $3.7M | $2.2M | $104K | — | View 990 |
| 2019 | $4.8M | $4.4M | $2.1M | $264K | — | View 990 |
| 2018 | $4.7M | $4.4M | $1.7M | $293K | — | View 990 |
| 2017 | $4.1M | $3.9M | $1.4M | $274K | — | View 990 |
| 2016 | $3.8M | $3.4M | $1.2M | $254K | — | View 990 |
| 2015 | $2.6M | $2.5M | $901K | $216K | — | View 990 |
| 2014 | $2.5M | $2.5M | $885K | $208K | — | View 990 |
| 2013 | $2.3M | $2.4M | $841K | $250K | — | View 990 |
| 2012 | $2.2M | $2.1M | $810K | $93K | — | View 990 |
| 2011 | $2.1M | $2.1M | $800K | $130K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.9M, and assets of $2.0M (revenue -3.6% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.6M, and assets of $2.3M (revenue +9.6% year-over-year).
- 2021: Revenue of $3.3M, expenses of $3.3M, and assets of $2.5M (revenue -13.9% year-over-year).
- 2020: Revenue of $3.9M, expenses of $3.7M, and assets of $2.2M (revenue -19.2% year-over-year).
- 2019: Revenue of $4.8M, expenses of $4.4M, and assets of $2.1M (revenue +1.4% year-over-year).
- 2018: Revenue of $4.7M, expenses of $4.4M, and assets of $1.7M (revenue +15.1% year-over-year).
- 2017: Revenue of $4.1M, expenses of $3.9M, and assets of $1.4M (revenue +9.6% year-over-year).
- 2016: Revenue of $3.8M, expenses of $3.4M, and assets of $1.2M (revenue +46.4% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.5M, and assets of $901K (revenue +0.8% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.5M, and assets of $885K (revenue +11.6% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.4M, and assets of $841K (revenue +4.8% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.1M, and assets of $810K (revenue +1.9% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.1M, and assets of $800K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Adirondack Home Aides Inc:
Data Sources and Methodology
This transparency report for Greater Adirondack Home Aides 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.