Hudson Valley Community College Foundation Inc
Hudson Valley Community College Foundation: Strong Asset Growth, Variable Revenue
EIN: 222427015 · Troy, NY · NTEE: B41I · Updated: 2026-04-04
Is Hudson Valley Community College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hudson Valley Community College Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hudson Valley Community College Foundation Inc
Hudson Valley Community College Foundation Inc (EIN: 222427015) is a nonprofit organization based in Troy, NY, classified under NTEE code B41I. The organization reported total revenue of $5.7M and total assets of $14.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson Valley Community College 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 Hudson Valley Community College 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Hudson Valley Community College Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, with 'c0%' consistently listed for compensation to officers, directors, trustees, and key employees, suggesting a volunteer-led board or compensation handled by the college directly.
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 Hudson Valley Community College Foundation Inc's IRS 990 filings:
- Significant fluctuation in revenue, with a peak of $5,182,008 in 2023 and a low of $1,139,439 in 2019, could indicate reliance on large, infrequent donations or grants.
- Expenses in 2019 ($2,472,600) exceeded revenue ($1,139,439) by a substantial margin, leading to a net loss for that year.
Strengths
The following positive indicators were identified for Hudson Valley Community College Foundation Inc:
- Consistent and strong asset growth from $7,530,027 in 2019 to $11,430,990 in 2023, demonstrating effective financial management and investment.
- Low liabilities relative to assets, with liabilities consistently below $700,000 in recent years, indicating financial stability.
- The foundation consistently maintains a positive net asset position, growing from $7,530,027 in 2019 to $11,430,990 in 2023.
Frequently Asked Questions about Hudson Valley Community College Foundation Inc
Is Hudson Valley Community College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hudson Valley Community College Foundation Inc (EIN: 222427015) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Hudson Valley Community College Foundation Inc spend its money?
Hudson Valley Community College Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hudson Valley Community College Foundation Inc tax-deductible?
Hudson Valley Community College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222427015). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Hudson Valley Community College Foundation Inc do?
Hudson Valley Community College Foundation Inc is a nonprofit organization in the Education sector, located in Troy, New York. It is classified under NTEE code B41I.
How much revenue does Hudson Valley Community College Foundation Inc have?
Hudson Valley Community College Foundation Inc reported total revenue of $5,668,750. Based on 13 IRS 990 filings on record.
What are Hudson Valley Community College Foundation Inc's total assets?
Hudson Valley Community College Foundation Inc holds total assets of $14,652,365 as reported in IRS 990 filings.
Where is Hudson Valley Community College Foundation Inc located?
Hudson Valley Community College Foundation Inc is based in Troy, New York.
What is Hudson Valley Community College Foundation Inc's EIN?
Hudson Valley Community College Foundation Inc's Employer Identification Number (EIN) is 222427015. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hudson Valley Community College Foundation Inc?
Hudson Valley Community College Foundation Inc is classified under NTEE code B41I (Education).
Is Hudson Valley Community College Foundation Inc a registered 501(c)(3)?
Yes, Hudson Valley Community College Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222427015.
Does Hudson Valley Community College Foundation Inc file IRS Form 990?
Yes, Hudson Valley Community College Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Hudson Valley Community College Foundation Inc's revenue in 2023?
In the 202306 filing period, Hudson Valley Community College Foundation Inc reported total revenue of $5,182,008, total expenses of $2,342,592, and net assets of $11,430,990.
Is Hudson Valley Community College Foundation Inc's revenue growing or declining?
Hudson Valley Community College Foundation Inc's revenue is growing. Revenue went from $2,287,858 (202206) to $5,182,008 (202306), a +126.5% change. Based on 13 filings on record.
What is Hudson Valley Community College Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hudson Valley Community College Foundation Inc covers tax period 202306. It shows revenue of $5,182,008, expenses of $2,342,592, total assets of $11,430,990, and liabilities of $672,882.
How much does Hudson Valley Community College Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Hudson Valley Community College Foundation Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Hudson Valley Community College Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hudson Valley Community College Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Hudson Valley Community College Foundation Inc?
The following concerns were identified: Significant fluctuation in revenue, with a peak of $5,182,008 in 2023 and a low of $1,139,439 in 2019, could indicate reliance on large, infrequent donations or grants.. Expenses in 2019 ($2,472,600) exceeded revenue ($1,139,439) by a substantial margin, leading to a net loss for that year.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hudson Valley Community College Foundation Inc's strengths?
Positive indicators for Hudson Valley Community College Foundation Inc include: Consistent and strong asset growth from $7,530,027 in 2019 to $11,430,990 in 2023, demonstrating effective financial management and investment.. Low liabilities relative to assets, with liabilities consistently below $700,000 in recent years, indicating financial stability.. The foundation consistently maintains a positive net asset position, growing from $7,530,027 in 2019 to $11,430,990 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Hudson Valley Community College Foundation Inc compensate executives?
Executive compensation is not reported in the provided filings, with 'c0%' consistently listed for compensation to officers, directors, trustees, and key employees, suggesting a volunteer-led board or compensation handled by the college directly. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for compensation, how does the foundation ensure effective leadership and operational management without direct compensation to its key personnel?
The 'c0%' likely indicates that the foundation's leadership (officers, directors, trustees, and key employees) are volunteers, or their compensation is covered by Hudson Valley Community College directly, rather than through the foundation's reported expenses. This structure can reduce administrative overhead but relies heavily on dedicated volunteer commitment or institutional support.
What factors contributed to the significant revenue increase from $2,287,858 in 2022 to $5,182,008 in 2023, and how sustainable is this growth?
The substantial revenue jump in 2023 suggests a major fundraising campaign, a large one-time donation, or a significant grant. Sustainability would depend on whether this was a recurring funding source or a unique event. Further investigation into the nature of this revenue increase would be necessary to assess future projections.
Filing History
IRS 990 filing history for Hudson Valley Community College Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hudson Valley Community College Foundation Inc's revenue has grown by 253.4%, moving from $1.5M to $5.2M. Total assets increased by 130.2% over the same period, from $5.0M to $11.4M. Total functional expenses rose by 7.9%, from $2.2M to $2.3M. In its most recent filing year (2023), Hudson Valley Community College Foundation Inc reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $673K in liabilities against $11.4M in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $10.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $2.3M | $11.4M | $673K | — | View 990 |
| 2022 | $2.3M | $975K | $9.6M | $626K | — | View 990 |
| 2021 | $1.7M | $1.7M | $9.0M | $49K | — | View 990 |
| 2020 | $1.2M | $1.2M | $7.6M | $71K | — | View 990 |
| 2019 | $1.1M | $2.5M | $7.5M | $96K | — | View 990 |
| 2018 | $1.7M | $1.4M | $8.7M | $71K | — | View 990 |
| 2017 | $1.7M | $1.4M | $8.4M | $135K | — | View 990 |
| 2016 | $2.5M | $1.4M | $7.8M | $215K | — | View 990 |
| 2015 | $2.0M | $1.1M | $7.1M | $464K | — | View 990 |
| 2014 | $1.1M | $1.4M | $6.4M | $529K | — | View 990 |
| 2013 | $1.6M | $1.4M | $5.9M | $305K | — | View 990 |
| 2012 | $1.7M | $1.2M | $5.6M | $358K | — | View 990 |
| 2011 | $1.5M | $2.2M | $5.0M | $443K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $2.3M, and assets of $11.4M (revenue +126.5% year-over-year).
- 2022: Revenue of $2.3M, expenses of $975K, and assets of $9.6M (revenue +37.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $9.0M (revenue +41.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $7.6M (revenue +3.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $2.5M, and assets of $7.5M (revenue -33.1% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.4M, and assets of $8.7M (revenue +0.4% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.4M, and assets of $8.4M (revenue -32.8% year-over-year).
- 2016: Revenue of $2.5M, expenses of $1.4M, and assets of $7.8M (revenue +26.6% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.1M, and assets of $7.1M (revenue +85.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.4M, and assets of $6.4M (revenue -32.1% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.4M, and assets of $5.9M (revenue -7.5% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.2M, and assets of $5.6M (revenue +16.6% year-over-year).
- 2011: Revenue of $1.5M, expenses of $2.2M, and assets of $5.0M.
Data Sources and Methodology
This transparency report for Hudson Valley Community College 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.