Mental Health Association Of Southern Tier Inc
Mental Health Association Of Southern Tier Inc consistently directs 100% of reported officer compensation to programs, maintaining strong asset growth.
EIN: 150615081 · Binghamton, NY · NTEE: F80Z · Updated: 2026-03-28
About Mental Health Association Of Southern Tier Inc
Mental Health Association Of Southern Tier Inc (EIN: 150615081) is a nonprofit organization based in Binghamton, NY, classified under NTEE code F80Z. The organization reported total revenue of $2.3M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mental Health Association Of Southern Tier 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 Mental Health Association Of Southern Tier Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mental Health Association Of Southern Tier Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, which is exceptional for a nonprofit of its size (latest revenue $2,309,372). This indicates that no compensation is paid to officers, directors, or key employees, suggesting a volunteer-led executive structure or that compensation is reported under other categories, but as reported, it's a strong indicator of mission-first resource allocation.
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 Of Southern Tier Inc:
- 100% of reported officer compensation directed to programs (0% reported officer compensation)
- Consistent asset growth, from $285,272 in 2014 to $2,249,145 in 2023
- Generally healthy revenue-to-expense ratios over the past decade
- Strong financial transparency due to lack of reported executive compensation
- Long history of consistent IRS 990 filings (12 filings)
Frequently Asked Questions about Mental Health Association Of Southern Tier Inc
Is Mental Health Association Of Southern Tier Inc a good charity?
Based on the available IRS 990 data, the Mental Health Association Of Southern Tier Inc appears to be a very good charity. Its consistent reporting of 0% officer compensation, strong asset growth from $285,272 in 2014 to $2,249,145 in 2023, and generally healthy revenue-to-expense ratios suggest efficient use of funds and a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial growth and stability. Its assets have increased nearly eightfold from $285,272 in 2014 to $2,249,145 in 2023. While there are minor fluctuations in annual revenue and expenses, the overall trend indicates a growing and financially sound organization capable of sustaining its operations.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This is a highly unusual and positive indicator, suggesting that executive leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, effectively maximizing funds available for programs.
Filing History
IRS 990 filing history for Mental Health Association Of Southern Tier Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Mental Health Association Of Southern Tier Inc's revenue has grown by 26.8%, moving from $1.4M to $1.7M. Total assets increased by 568.3% over the same period, from $337K to $2.2M. Total functional expenses rose by 34%, from $1.3M to $1.7M. In its most recent filing year (2023), Mental Health Association Of Southern Tier Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $627K in liabilities against $2.2M in assets (debt-to-asset ratio: 27.9%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $2.2M | $627K | — | — |
| 2022 | $1.9M | $1.8M | $1.9M | $226K | — | View 990 |
| 2021 | $2.0M | $1.9M | $2.1M | $490K | — | View 990 |
| 2020 | $1.9M | $1.8M | $1.7M | $302K | — | — |
| 2019 | $2.2M | $2.1M | $1.6M | $311K | — | View 990 |
| 2018 | $2.6M | $2.1M | $1.7M | $503K | — | View 990 |
| 2017 | $2.1M | $1.8M | $1.1M | $409K | — | View 990 |
| 2016 | $1.7M | $1.7M | $658K | $254K | — | View 990 |
| 2014 | $1.3M | $1.1M | $285K | $97K | — | View 990 |
| 2013 | $1.3M | $1.3M | $342K | $278K | — | View 990 |
| 2012 | $2.4M | $2.4M | $186K | $119K | — | View 990 |
| 2011 | $1.4M | $1.3M | $337K | $292K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $2.2M (revenue -7.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $1.9M (revenue -8.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.9M, and assets of $2.1M (revenue +4.5% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.8M, and assets of $1.7M (revenue -12.5% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.1M, and assets of $1.6M (revenue -14.8% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.1M, and assets of $1.7M (revenue +25.7% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.8M, and assets of $1.1M (revenue +18.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $658K (revenue +37.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $285K (revenue +0.9% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $342K (revenue -48.0% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $186K (revenue +78.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $337K.
Data Sources and Methodology
This transparency report for Mental Health Association Of Southern Tier 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.