Maria College
Maria College faces recent operating deficits despite revenue growth, with assets declining and liabilities increasing.
EIN: 141463151 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.8M |
| Total Expenses | $17.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $17.78 |
| Net Assets | $21.9M |
| Transparency Score | 65/100 |
Is Maria College Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maria College directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maria College
Maria College (EIN: 141463151) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $17.8M and total assets of $27.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maria College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maria College is a large nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.6M |
| Total Expenses | $17.6M |
| Surplus / Deficit | $-3,963,861 |
| Total Assets | $27.6M |
| Total Liabilities | $5.7M |
| Net Assets | $21.9M |
| Operating Margin | -29.1% |
| Debt-to-Asset Ratio | 20.5% |
| Months of Reserves | 18.8 months |
Financial Health Grade: B
In 2023, Maria College reported a deficit of $4.0M with expenses exceeding revenue, holds 18.8 months of operating reserves (strong position), has a debt-to-asset ratio of 20.5% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Maria College's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.9% | -1.0% | -16.1% |
| 2022 | -2.7% | +17.5% | +3.7% |
| 2021 | +28.1% | +9.5% | +8.7% |
| 2020 | -6.4% | +3.2% | +3.5% |
| 2019 | +4.0% | +7.9% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 1946 |
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 Maria College with a Mission Score of 65 out of 100 (Good). 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, Maria College 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 deficit of $4.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.5%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size with $17.78 million in latest revenue and $27.21 million in assets, suggesting either a highly unique compensation structure or that executive compensation is not categorized under 'Officer Comp' in the provided data.
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 Maria College's IRS 990 filings:
- Consistent operating deficits in recent years (2022, 2023) where expenses exceeded revenue.
- Declining asset base from a peak of $32.88 million in 2022 to $27.60 million in 2023.
- Significant increase in liabilities from $1.19 million in 2014 to $5.66 million in 2023.
- Unusual reporting of 0% 'Officer Comp' for an organization of this revenue and asset size, warranting further investigation into executive compensation reporting.
Strengths
The following positive indicators were identified for Maria College:
- Long history of IRS 990 filings (12 filings), indicating consistent reporting.
- Substantial asset base ($27.21 million latest) providing financial stability.
- Overall revenue growth trend over the past decade, from $10.38 million in 2014 to $13.63 million in 2023.
Frequently Asked Questions about Maria College
Is Maria College a legitimate charity?
Maria College (EIN: 141463151) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $17.8M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Maria College spend its money?
Maria College directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maria College tax-deductible?
Maria College is registered as a tax-exempt nonprofit (EIN: 141463151). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maria College CEO make?
Maria College's highest-compensated officer earns $17.78 annually. The organization reported $17.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maria College's spending goes to programs?
Maria College directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maria College located?
Maria College is headquartered in Albany, New York and files with the IRS under EIN 141463151.
How many years of IRS 990 filings does Maria College have?
Maria College has 12 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 $17.8M in total revenue.
What is the detailed breakdown of Maria College's expenses, particularly program service expenses, administrative, and fundraising costs?
The provided data does not offer a detailed breakdown of expenses beyond total expenses. A deeper dive into the full IRS 990 forms would be necessary to determine the specific allocation to programs, administration, and fundraising.
Why has Maria College experienced operating deficits in recent years, specifically in 2022 and 2023?
In 2023, expenses ($17,590,582) significantly exceeded revenue ($13,626,721), resulting in a deficit of approximately $3.96 million. Similarly, in 2022, expenses ($17,769,610) outpaced revenue ($16,590,651) by about $1.18 million. The specific reasons for these deficits would require examining the detailed expense categories and revenue sources within the full 990 filings.
How does Maria College manage its liabilities, which have increased from $1.19 million in 2014 to $5.66 million in 2023?
The increase in liabilities suggests the college may be taking on more debt or has increased deferred revenue. Understanding the nature of these liabilities (e.g., bonds, loans, accounts payable) and the college's repayment strategy is crucial for assessing financial risk.
What is the actual executive compensation for Maria College, given the 0% reported 'Officer Comp'?
The consistent 0% reported for 'Officer Comp' across all filings is highly unusual for an institution of this size. It is imperative to review the full IRS 990 forms, specifically Schedule J (Compensation Information), to understand how executive compensation is structured and reported, as it may be included in other expense categories.
Filing History
IRS 990 filing history for Maria College showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Maria College's revenue has grown by 67.1%, moving from $8.2M to $13.6M. Total assets increased by 38.3% over the same period, from $19.9M to $27.6M. Total functional expenses rose by 161.7%, from $6.7M to $17.6M. In its most recent filing year (2023), Maria College reported a deficit of $4.0M, with expenses exceeding revenue. The organization holds $5.7M in liabilities against $27.6M in assets (debt-to-asset ratio: 20.5%), resulting in net assets of $21.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.6M | $17.6M | $27.6M | $5.7M | — | View 990 |
| 2022 | $16.6M | $17.8M | $32.9M | $7.2M | — | View 990 |
| 2021 | $17.1M | $15.1M | $31.7M | $2.6M | — | View 990 |
| 2020 | $13.3M | $13.8M | $29.2M | $3.5M | — | View 990 |
| 2019 | $14.2M | $13.4M | $28.2M | $2.0M | — | View 990 |
| 2018 | $13.7M | $12.4M | $28.0M | $2.0M | — | View 990 |
| 2017 | $11.6M | $11.3M | $27.2M | $2.5M | — | View 990 |
| 2016 | $10.3M | $11.3M | $25.5M | $2.2M | — | View 990 |
| 2015 | $12.0M | $9.8M | $26.3M | $1.8M | — | View 990 |
| 2014 | $10.4M | $8.5M | $25.9M | $1.2M | — | View 990 |
| 2013 | $9.2M | $7.7M | $22.4M | $1.2M | — | View 990 |
| 2012 | $8.2M | $6.7M | $19.9M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.6M, expenses of $17.6M, and assets of $27.6M (revenue -17.9% year-over-year).
- 2022: Revenue of $16.6M, expenses of $17.8M, and assets of $32.9M (revenue -2.7% year-over-year).
- 2021: Revenue of $17.1M, expenses of $15.1M, and assets of $31.7M (revenue +28.1% year-over-year).
- 2020: Revenue of $13.3M, expenses of $13.8M, and assets of $29.2M (revenue -6.4% year-over-year).
- 2019: Revenue of $14.2M, expenses of $13.4M, and assets of $28.2M (revenue +4.0% year-over-year).
- 2018: Revenue of $13.7M, expenses of $12.4M, and assets of $28.0M (revenue +17.9% year-over-year).
- 2017: Revenue of $11.6M, expenses of $11.3M, and assets of $27.2M (revenue +13.0% year-over-year).
- 2016: Revenue of $10.3M, expenses of $11.3M, and assets of $25.5M (revenue -14.8% year-over-year).
- 2015: Revenue of $12.0M, expenses of $9.8M, and assets of $26.3M (revenue +16.0% year-over-year).
- 2014: Revenue of $10.4M, expenses of $8.5M, and assets of $25.9M (revenue +12.4% year-over-year).
- 2013: Revenue of $9.2M, expenses of $7.7M, and assets of $22.4M (revenue +13.3% year-over-year).
- 2012: Revenue of $8.2M, expenses of $6.7M, and assets of $19.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maria College:
Data Sources and Methodology
This transparency report for Maria College 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.