Huntington Family Centers Inc
Huntington Family Centers Inc. maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 150532198 · Syracuse, NY · NTEE: P400 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Huntington Family Centers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Huntington Family Centers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Huntington Family Centers Inc
Huntington Family Centers Inc (EIN: 150532198) is a nonprofit organization based in Syracuse, NY, classified under NTEE code P400. The organization reported total revenue of $3.1M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huntington Family Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huntington Family Centers Inc is a mid-size nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-30,873 |
| Total Assets | $2.4M |
| Total Liabilities | $469K |
| Net Assets | $1.9M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 19.5% |
| Months of Reserves | 9.6 months |
Financial Health Grade: B
In 2023, Huntington Family Centers Inc reported a deficit of $31K with expenses exceeding revenue, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 19.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Huntington Family Centers Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | -2.0% | -2.2% |
| 2022 | +15.4% | +17.6% | +0.3% |
| 2021 | -5.2% | -2.2% | +5.2% |
| 2020 | +29.2% | +19.8% | +15.0% |
| 2019 | +1.6% | +10.5% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 Huntington Family Centers 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: 85%
- fundraising: 5%
According to IRS 990 filings, Huntington Family Centers 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.5%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with over $3 million in annual revenue and $2 million in assets. This either indicates a fully volunteer executive leadership or that compensation is reported in a manner not immediately apparent as 'officer compensation' on the 990, which could impact transparency.
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 Huntington Family Centers Inc's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s, which is unusual for an organization of this size and warrants further clarification on executive remuneration practices.
Strengths
The following positive indicators were identified for Huntington Family Centers Inc:
- Consistent asset growth, reaching $2,408,943 in 2023, indicating strong financial health and sustainability.
- Expenses closely track revenue, suggesting efficient use of funds and effective budget management.
- Manageable liabilities relative to assets, with a liability-to-asset ratio of approximately 19.4% in 2023, indicating a healthy balance sheet.
- Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and transparency in reporting.
- Positive or near-positive net income in most years, indicating the organization generally operates within its financial means.
Frequently Asked Questions about Huntington Family Centers Inc
Is Huntington Family Centers Inc a legitimate charity?
Huntington Family Centers Inc (EIN: 150532198) 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: $3.1M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Huntington Family Centers Inc spend its money?
Huntington Family Centers Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Huntington Family Centers Inc tax-deductible?
Huntington Family Centers Inc is registered as a tax-exempt nonprofit (EIN: 150532198). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Huntington Family Centers Inc CEO make?
Huntington Family Centers Inc's highest-compensated officer earns $3 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Huntington Family Centers Inc's spending goes to programs?
Huntington Family Centers Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Huntington Family Centers Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Huntington Family Centers Inc is above average for NTEE category P400 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Huntington Family Centers Inc located?
Huntington Family Centers Inc is headquartered in Syracuse, New York and files with the IRS under EIN 150532198. It is classified under NTEE code P400.
How many years of IRS 990 filings does Huntington Family Centers Inc have?
Huntington Family Centers 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 $3.1M in total revenue.
Is Huntington Family Centers Inc. a good charity?
Based on the available financial data, the organization appears to be financially stable with consistent asset growth and a history of managing expenses effectively. The lack of reported officer compensation is a unique characteristic that could be viewed positively if it signifies volunteer leadership, or negatively if it obscures executive remuneration. Overall, its financial health and apparent dedication to program spending suggest it is a well-managed organization.
How does Huntington Family Centers Inc. manage its executive compensation?
The IRS 990 filings for Huntington Family Centers Inc. consistently report 0% officer compensation across all available periods. This suggests either that the organization's executive leadership is entirely volunteer-based, or that executive compensation is categorized and reported differently within the financial statements, which would require further investigation to fully understand.
What is the trend in Huntington Family Centers Inc.'s revenue and expenses?
Huntington Family Centers Inc. has experienced fluctuations in revenue, with a significant peak of $4,616,489 in 2014, followed by a decrease and stabilization around $3 million in recent years. Expenses have generally tracked revenue closely, indicating a consistent operational scale and effective cost management. For example, in 2023, revenue was $2,989,467 and expenses were $3,020,340, showing a near balance.
What is the organization's financial stability?
The organization demonstrates good financial stability. Its assets have consistently grown, reaching $2,408,943 in 2023, while liabilities remain manageable at $468,853 for the same period. This indicates a healthy balance sheet and a capacity to cover its obligations, with a strong asset base relative to its debt.
Why did revenue drop significantly after 2014?
The IRS 990 data shows a substantial drop in revenue from $4,616,489 in 2014 to $1,805,820 in 2015. While the filings themselves don't provide a narrative explanation, such a significant change could be due to the completion of a large grant or project, a change in funding strategy, or a divestment of certain programs. Further inquiry into the organization's annual reports or direct communication would be needed to understand the specific reasons.
Filing History
IRS 990 filing history for Huntington Family Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Huntington Family Centers Inc's revenue has declined by 5.7%, moving from $3.2M to $3.0M. Total assets increased by 6.3% over the same period, from $2.3M to $2.4M. Total functional expenses fell by 7.9%, from $3.3M to $3.0M. In its most recent filing year (2023), Huntington Family Centers Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $469K in liabilities against $2.4M in assets (debt-to-asset ratio: 19.5%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.0M | $2.4M | $469K | — | View 990 |
| 2022 | $3.2M | $3.1M | $2.5M | $494K | — | View 990 |
| 2021 | $2.8M | $2.6M | $2.5M | $605K | — | View 990 |
| 2020 | $2.9M | $2.7M | $2.3M | $639K | — | — |
| 2019 | $2.3M | $2.2M | $2.0M | $583K | — | View 990 |
| 2018 | $2.2M | $2.0M | $2.0M | $568K | — | View 990 |
| 2017 | $1.9M | $1.9M | $2.0M | $822K | — | View 990 |
| 2016 | $1.9M | $1.9M | $1.8M | $684K | — | View 990 |
| 2015 | $1.8M | $2.0M | $1.9M | $780K | — | View 990 |
| 2014 | $4.6M | $4.8M | $2.2M | $918K | — | View 990 |
| 2013 | $4.7M | $5.0M | $2.6M | $1.1M | — | View 990 |
| 2012 | $3.5M | $3.4M | $2.6M | $562K | — | View 990 |
| 2011 | $3.2M | $3.3M | $2.3M | $370K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.0M, and assets of $2.4M (revenue -6.6% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.1M, and assets of $2.5M (revenue +15.4% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.6M, and assets of $2.5M (revenue -5.2% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.7M, and assets of $2.3M (revenue +29.2% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $2.0M (revenue +1.6% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.0M, and assets of $2.0M (revenue +14.6% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $2.0M (revenue +2.1% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $1.8M (revenue +5.4% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.0M, and assets of $1.9M (revenue -60.9% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.8M, and assets of $2.2M (revenue -2.3% year-over-year).
- 2013: Revenue of $4.7M, expenses of $5.0M, and assets of $2.6M (revenue +33.5% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.4M, and assets of $2.6M (revenue +11.7% year-over-year).
- 2011: Revenue of $3.2M, expenses of $3.3M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huntington Family Centers Inc:
Data Sources and Methodology
This transparency report for Huntington Family Centers 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.