Mental Health Association In Fulton & Montgomery Counties
Mental Health Association maintains stable finances with zero officer compensation despite significant 2022 revenue fluctuation.
EIN: 141680341 · Johnstown, NY · NTEE: F80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $7.3M |
| Program Spending | 85% |
| Net Assets | $4.8M |
| Transparency Score | 90/100 |
Is Mental Health Association In Fulton & Montgomery Counties Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mental Health Association In Fulton & Montgomery Counties directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mental Health Association In Fulton & Montgomery Counties
Mental Health Association In Fulton & Montgomery Counties (EIN: 141680341) is a nonprofit organization based in Johnstown, NY, classified under NTEE code F80Z. The organization reported total revenue of $8.2M and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mental Health Association In Fulton & Montgomery Counties's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mental Health Association In Fulton & Montgomery Counties is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $7.3M |
| Surplus / Deficit | +$631K |
| Total Assets | $7.1M |
| Total Liabilities | $2.3M |
| Net Assets | $4.8M |
| Operating Margin | 8.0% |
| Debt-to-Asset Ratio | 32.3% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, Mental Health Association In Fulton & Montgomery Counties reported a surplus of $631K with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 32.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mental Health Association In Fulton & Montgomery Counties's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.5% | -48.7% | +10.4% |
| 2022 | +114.9% | +150.4% | +9.0% |
| 2021 | +18.6% | -0.7% | +46.3% |
| 2020 | +6.0% | +3.1% | +10.1% |
| 2019 | +3.7% | +0.9% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Mental Health Association In Fulton & Montgomery Counties 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: 85%
- fundraising: 5%
According to IRS 990 filings, Mental Health Association In Fulton & Montgomery Counties 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 surplus of $631K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong commitment to directing all funds towards program services and operational needs rather than executive pay.
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 Mental Health Association In Fulton & Montgomery Counties's IRS 990 filings:
- Significant unexplained revenue fluctuation in 2022 ($15.1M) compared to prior and subsequent years (around $7-8M).
Strengths
The following positive indicators were identified for Mental Health Association In Fulton & Montgomery Counties:
- Consistent reporting of 0% officer compensation, indicating high transparency and dedication of funds to mission.
- Steady growth in assets from $3.09M in 2015 to $7.13M in 2023, demonstrating financial stability and capacity building.
- Maintained a surplus in most recent years (e.g., $631,032 in 2023; $1,346,984 in 2021), indicating effective financial management.
- Long filing history (13 filings) suggests consistent compliance and established operations.
Frequently Asked Questions about Mental Health Association In Fulton & Montgomery Counties
Is Mental Health Association In Fulton & Montgomery Counties a legitimate charity?
Mental Health Association In Fulton & Montgomery Counties (EIN: 141680341) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Mental Health Association In Fulton & Montgomery Counties spend its money?
Mental Health Association In Fulton & Montgomery Counties directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mental Health Association In Fulton & Montgomery Counties tax-deductible?
Mental Health Association In Fulton & Montgomery Counties is registered as a tax-exempt nonprofit (EIN: 141680341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mental Health Association In Fulton & Montgomery Counties's spending goes to programs?
Mental Health Association In Fulton & Montgomery Counties directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mental Health Association In Fulton & Montgomery Counties compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mental Health Association In Fulton & Montgomery Counties is above average for NTEE category F80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mental Health Association In Fulton & Montgomery Counties located?
Mental Health Association In Fulton & Montgomery Counties is headquartered in Johnstown, New York and files with the IRS under EIN 141680341. It is classified under NTEE code F80Z.
How many years of IRS 990 filings does Mental Health Association In Fulton & Montgomery Counties have?
Mental Health Association In Fulton & Montgomery Counties 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 $8.2M in total revenue.
What caused the significant revenue spike to $15,118,337 in 2022 and how were these funds utilized?
The provided data does not specify the source of the 2022 revenue spike. Further investigation into the full IRS 990 filing for that year would be necessary to identify the nature of this income (e.g., large grant, one-time donation, government contract) and its allocation.
How does the organization manage its administrative and fundraising costs without reporting officer compensation?
The absence of officer compensation suggests that administrative and fundraising functions are either performed by non-officer staff, volunteers, or are absorbed within program costs, indicating a highly efficient or unique operational model.
What is the organization's strategy for maintaining financial stability given the revenue fluctuations?
Despite revenue fluctuations, the organization has consistently managed to keep expenses below revenue in most years, leading to surpluses and asset growth. This suggests effective expense management and potentially diverse funding streams, though specific strategies are not detailed in the provided data.
Filing History
IRS 990 filing history for Mental Health Association In Fulton & Montgomery Counties showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mental Health Association In Fulton & Montgomery Counties's revenue has grown by 148.6%, moving from $3.2M to $7.9M. Total assets increased by 135.4% over the same period, from $3.0M to $7.1M. Total functional expenses rose by 111%, from $3.5M to $7.3M. In its most recent filing year (2023), Mental Health Association In Fulton & Montgomery Counties reported a surplus of $631K, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $7.1M in assets (debt-to-asset ratio: 32.3%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $7.3M | $7.1M | $2.3M | — | — |
| 2022 | $15.1M | $14.2M | $6.5M | $2.3M | — | — |
| 2021 | $7.0M | $5.7M | $5.9M | $2.6M | — | View 990 |
| 2020 | $5.9M | $5.7M | $4.1M | $2.1M | — | — |
| 2019 | $5.6M | $5.6M | $3.7M | $2.0M | — | View 990 |
| 2018 | $5.4M | $5.5M | $3.1M | $1.6M | — | View 990 |
| 2017 | $5.5M | $5.5M | $3.2M | $1.5M | — | View 990 |
| 2016 | $5.4M | $5.4M | $3.2M | $1.6M | — | View 990 |
| 2015 | $5.1M | $5.1M | $3.1M | $1.5M | — | View 990 |
| 2014 | $4.9M | $4.9M | $3.1M | $1.5M | — | View 990 |
| 2013 | $4.9M | $4.7M | $3.2M | $1.5M | — | View 990 |
| 2012 | $4.9M | $4.9M | $3.0M | $1.5M | — | View 990 |
| 2011 | $3.2M | $3.5M | $3.0M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $7.3M, and assets of $7.1M (revenue -47.5% year-over-year).
- 2022: Revenue of $15.1M, expenses of $14.2M, and assets of $6.5M (revenue +114.9% year-over-year).
- 2021: Revenue of $7.0M, expenses of $5.7M, and assets of $5.9M (revenue +18.6% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.7M, and assets of $4.1M (revenue +6.0% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.6M, and assets of $3.7M (revenue +3.7% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.5M, and assets of $3.1M (revenue -1.3% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.5M, and assets of $3.2M (revenue +0.7% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.4M, and assets of $3.2M (revenue +7.1% year-over-year).
- 2015: Revenue of $5.1M, expenses of $5.1M, and assets of $3.1M (revenue +4.3% year-over-year).
- 2014: Revenue of $4.9M, expenses of $4.9M, and assets of $3.1M (revenue -0.2% year-over-year).
- 2013: Revenue of $4.9M, expenses of $4.7M, and assets of $3.2M (revenue -0.5% year-over-year).
- 2012: Revenue of $4.9M, expenses of $4.9M, and assets of $3.0M (revenue +53.2% year-over-year).
- 2011: Revenue of $3.2M, expenses of $3.5M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mental Health Association In Fulton & Montgomery Counties:
Data Sources and Methodology
This transparency report for Mental Health Association In Fulton & Montgomery Counties 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.