Mental Health Association In New York State Inc
Mental Health Association In New York State Inc shows strong financial growth and zero reported officer compensation in recent filings.
EIN: 131954023 · Albany, NY · NTEE: F80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5,147,483. |
| Net Assets | $2.0M |
| Transparency Score | 90/100 |
Is Mental Health Association In New York State Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mental Health Association In New York State Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mental Health Association In New York State Inc
Mental Health Association In New York State Inc (EIN: 131954023) is a nonprofit organization based in Albany, NY, classified under NTEE code F80Z. The organization reported total revenue of $4.6M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mental Health Association In New York State Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mental Health Association In New York State Inc is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $3.1M |
| Total Liabilities | $1.1M |
| Net Assets | $2.0M |
| Operating Margin | 23.7% |
| Debt-to-Asset Ratio | 35.5% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Mental Health Association In New York State Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 35.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mental Health Association In New York State Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +81.5% | +35.9% | +13.4% |
| 2022 | +20.6% | +22.0% | +57.7% |
| 2021 | +9.5% | +10.2% | -30.1% |
| 2020 | +1.3% | +0.1% | +18.7% |
| 2019 | -2.3% | +2.4% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 New York State 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: 85%
- fundraising: 5%
According to IRS 990 filings, Mental Health Association In New York State 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 surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.5%.
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 commendable for a nonprofit of its size with latest revenue of $5,147,483.
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.
Strengths
The following positive indicators were identified for Mental Health Association In New York State Inc:
- Significant revenue growth, from $2,352,575 in 202112 to $5,147,483 in 202312.
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
- Positive net income in the latest filing (202312), with revenue exceeding expenses by over $1.2 million.
- Healthy asset growth, reaching $3,069,990 in 202312.
- Strong financial stability with increasing assets and a positive operating surplus.
Frequently Asked Questions about Mental Health Association In New York State Inc
Is Mental Health Association In New York State Inc a legitimate charity?
Mental Health Association In New York State Inc (EIN: 131954023) 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: $4.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Mental Health Association In New York State Inc spend its money?
Mental Health Association In New York State Inc 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 New York State Inc tax-deductible?
Mental Health Association In New York State Inc is registered as a tax-exempt nonprofit (EIN: 131954023). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mental Health Association In New York State Inc CEO make?
Mental Health Association In New York State Inc's highest-compensated officer earns $5,147,483. annually. The organization reported $4.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mental Health Association In New York State Inc's spending goes to programs?
Mental Health Association In New York State Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mental Health Association In New York State Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mental Health Association In New York State Inc 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 New York State Inc located?
Mental Health Association In New York State Inc is headquartered in Albany, New York and files with the IRS under EIN 131954023. It is classified under NTEE code F80Z.
How many years of IRS 990 filings does Mental Health Association In New York State Inc have?
Mental Health Association In New York State 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 Mental Health Association In New York State Inc a good charity?
Based on the provided IRS 990 data, the Mental Health Association In New York State Inc appears to be a good charity. It demonstrates strong financial health, significant revenue growth, and a notable commitment to directing funds towards its mission by reporting 0% officer compensation.
How has the organization's revenue changed over time?
The organization has experienced substantial revenue growth, particularly in recent years. Revenue increased from $2,352,575 in 202112 to $5,147,483 in 202312, more than doubling in two years.
What is the organization's asset growth trend?
Assets have shown a strong upward trend, growing from $1,716,348 in 202112 to $3,069,990 in 202312, indicating healthy financial management and accumulation of resources.
Filing History
IRS 990 filing history for Mental Health Association In New York State Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mental Health Association In New York State Inc's revenue has grown by 291%, moving from $1.3M to $5.1M. Total assets increased by 922.5% over the same period, from $300K to $3.1M. Total functional expenses rose by 186.3%, from $1.4M to $3.9M. In its most recent filing year (2023), Mental Health Association In New York State Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $3.1M in assets (debt-to-asset ratio: 35.5%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $3.9M | $3.1M | $1.1M | — | — |
| 2022 | $2.8M | $2.9M | $2.7M | $2.0M | — | — |
| 2021 | $2.4M | $2.4M | $1.7M | $954K | — | View 990 |
| 2020 | $2.1M | $2.1M | $2.5M | $1.7M | — | — |
| 2019 | $2.1M | $2.1M | $2.1M | $1.3M | — | View 990 |
| 2018 | $2.2M | $2.1M | $2.0M | $1.3M | — | View 990 |
| 2017 | $2.4M | $2.4M | $971K | $275K | — | View 990 |
| 2016 | $1.5M | $1.5M | $1.5M | $868K | — | View 990 |
| 2015 | $1.3M | $1.3M | $1.3M | $648K | — | View 990 |
| 2014 | $2.1M | $1.6M | $850K | $273K | — | View 990 |
| 2013 | $1.7M | $1.6M | $370K | $260K | — | View 990 |
| 2012 | $1.9M | $1.8M | $411K | $410K | — | View 990 |
| 2011 | $1.3M | $1.4M | $300K | $399K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $3.9M, and assets of $3.1M (revenue +81.5% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.9M, and assets of $2.7M (revenue +20.6% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.4M, and assets of $1.7M (revenue +9.5% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.1M, and assets of $2.5M (revenue +1.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $2.1M (revenue -2.3% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.1M, and assets of $2.0M (revenue -11.1% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $971K (revenue +61.2% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $1.5M (revenue +14.9% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $1.3M (revenue -36.6% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.6M, and assets of $850K (revenue +20.7% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.6M, and assets of $370K (revenue -11.0% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $411K (revenue +47.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $300K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mental Health Association In New York State Inc:
Data Sources and Methodology
This transparency report for Mental Health Association In New York State 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.