Mohawk Valley Health System Foundation
Mohawk Valley Health System Foundation: Strong Asset Growth, Variable Revenue
EIN: 223078768 · Utica, NY · NTEE: E122 · Updated: 2026-04-04
Is Mohawk Valley Health System Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mohawk Valley Health System Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mohawk Valley Health System Foundation
Mohawk Valley Health System Foundation (EIN: 223078768) is a nonprofit organization based in Utica, NY, classified under NTEE code E122. The organization reported total revenue of $8.3M and total assets of $44.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mohawk Valley Health System Foundation'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 Mohawk Valley Health System Foundation with a Mission Score of 75 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Mohawk Valley Health System Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 in the provided filings, suggesting that these costs are either absorbed by the parent organization or not directly attributed to the foundation's expenses.
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 Mohawk Valley Health System Foundation's IRS 990 filings:
- Significant fluctuation in revenue, from $35,282,555 in 2021 to $8,397,350 in 2023, warrants further investigation into funding sources and sustainability.
- The consistent reporting of 0% compensation for top employees could mask actual compensation if it's paid by an affiliated entity, potentially obscuring a full financial picture.
Strengths
The following positive indicators were identified for Mohawk Valley Health System Foundation:
- Demonstrates strong asset growth, increasing from $6,971,575 in 2018 to $54,731,808 in 2023, indicating robust financial health and capacity.
- Maintains a relatively low liability burden compared to assets, suggesting good financial management and stability.
Frequently Asked Questions about Mohawk Valley Health System Foundation
Is Mohawk Valley Health System Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mohawk Valley Health System Foundation (EIN: 223078768) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Mohawk Valley Health System Foundation spend its money?
Mohawk Valley Health System Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mohawk Valley Health System Foundation tax-deductible?
Mohawk Valley Health System Foundation is registered as a tax-exempt nonprofit (EIN: 223078768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Mohawk Valley Health System Foundation do?
Mohawk Valley Health System Foundation is a nonprofit organization in the Health Care sector, located in Utica, New York. It is classified under NTEE code E122.
How much revenue does Mohawk Valley Health System Foundation have?
Mohawk Valley Health System Foundation reported total revenue of $8,326,631. Based on 13 IRS 990 filings on record.
What are Mohawk Valley Health System Foundation's total assets?
Mohawk Valley Health System Foundation holds total assets of $44,795,209 as reported in IRS 990 filings.
Where is Mohawk Valley Health System Foundation located?
Mohawk Valley Health System Foundation is based in Utica, New York.
What is Mohawk Valley Health System Foundation's EIN?
Mohawk Valley Health System Foundation's Employer Identification Number (EIN) is 223078768. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mohawk Valley Health System Foundation?
Mohawk Valley Health System Foundation is classified under NTEE code E122 (Health Care).
Is Mohawk Valley Health System Foundation a registered 501(c)(3)?
Yes, Mohawk Valley Health System Foundation is recognized as a tax-exempt organization by the IRS. EIN: 223078768.
Does Mohawk Valley Health System Foundation file IRS Form 990?
Yes, Mohawk Valley Health System Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Mohawk Valley Health System Foundation's revenue in 2023?
In the 202312 filing period, Mohawk Valley Health System Foundation reported total revenue of $8,397,350, total expenses of $21,100,105, and net assets of $54,731,808.
Is Mohawk Valley Health System Foundation's revenue growing or declining?
Mohawk Valley Health System Foundation's revenue is growing. Revenue went from $6,007,207 (202212) to $8,397,350 (202312), a +39.8% change. Based on 13 filings on record.
What is Mohawk Valley Health System Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Mohawk Valley Health System Foundation covers tax period 202312. It shows revenue of $8,397,350, expenses of $21,100,105, total assets of $54,731,808, and liabilities of $17,823,839.
How much does Mohawk Valley Health System Foundation spend on programs vs administration?
Based on IRS 990 analysis, Mohawk Valley Health System Foundation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Mohawk Valley Health System Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Mohawk Valley Health System Foundation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Mohawk Valley Health System Foundation?
The following concerns were identified: Significant fluctuation in revenue, from $35,282,555 in 2021 to $8,397,350 in 2023, warrants further investigation into funding sources and sustainability.. The consistent reporting of 0% compensation for top employees could mask actual compensation if it's paid by an affiliated entity, potentially obscuring a full financial picture.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mohawk Valley Health System Foundation's strengths?
Positive indicators for Mohawk Valley Health System Foundation include: Demonstrates strong asset growth, increasing from $6,971,575 in 2018 to $54,731,808 in 2023, indicating robust financial health and capacity.. Maintains a relatively low liability burden compared to assets, suggesting good financial management and stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Mohawk Valley Health System Foundation compensate executives?
Executive compensation is consistently reported as $0 in the provided filings, suggesting that these costs are either absorbed by the parent organization or not directly attributed to the foundation's expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial increase in assets from $13,953,022 in 2019 to $54,731,808 in 2023, what are the primary drivers of this growth and how are these assets being strategically deployed to further the foundation's mission?
The significant asset growth suggests successful fundraising campaigns, endowment contributions, or investment returns. Understanding the specific allocation of these increased assets towards long-term programs or capital projects would provide insight into their strategic impact.
With revenue peaking at $35,282,555 in 2021 and then declining to $8,397,350 in 2023, what factors contributed to this volatility, and what measures are in place to ensure more consistent and predictable funding streams for future operations?
Revenue fluctuations could be due to one-time large donations, specific capital campaigns, or changes in grant funding cycles. Diversifying funding sources and developing robust donor retention strategies would be crucial for long-term financial stability.
Filing History
IRS 990 filing history for Mohawk Valley Health System Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mohawk Valley Health System Foundation's revenue has grown by 644.8%, moving from $1.1M to $8.4M. Total assets increased by 592.4% over the same period, from $7.9M to $54.7M. Total functional expenses rose by 637.3%, from $2.9M to $21.1M. In its most recent filing year (2023), Mohawk Valley Health System Foundation reported a deficit of $12.7M, with expenses exceeding revenue. The organization holds $17.8M in liabilities against $54.7M in assets (debt-to-asset ratio: 32.6%), resulting in net assets of $36.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8.4M | $21.1M | $54.7M | $17.8M | — | — |
| 2022 | $6.0M | $3.3M | $48.1M | $798K | — | View 990 |
| 2021 | $35.3M | $2.1M | $51.4M | $502K | — | View 990 |
| 2020 | $5.3M | $1.4M | $43.5M | $25.5M | — | View 990 |
| 2019 | $8.6M | $1.9M | $14.0M | $222K | — | View 990 |
| 2018 | $1.4M | $1.5M | $7.0M | $671K | — | View 990 |
| 2017 | $1.4M | $1.6M | $7.6M | $661K | — | View 990 |
| 2016 | $1.7M | $2.2M | $7.0M | $327K | — | View 990 |
| 2015 | $2.2M | $1.9M | $7.3M | $305K | — | View 990 |
| 2014 | $2.0M | $1.7M | $7.5M | $335K | — | View 990 |
| 2013 | $2.9M | $2.8M | $7.5M | $516K | — | View 990 |
| 2012 | $1.3M | $2.3M | $7.0M | $459K | — | View 990 |
| 2011 | $1.1M | $2.9M | $7.9M | $674K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.4M, expenses of $21.1M, and assets of $54.7M (revenue +39.8% year-over-year).
- 2022: Revenue of $6.0M, expenses of $3.3M, and assets of $48.1M (revenue -83.0% year-over-year).
- 2021: Revenue of $35.3M, expenses of $2.1M, and assets of $51.4M (revenue +565.1% year-over-year).
- 2020: Revenue of $5.3M, expenses of $1.4M, and assets of $43.5M (revenue -38.5% year-over-year).
- 2019: Revenue of $8.6M, expenses of $1.9M, and assets of $14.0M (revenue +524.1% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.5M, and assets of $7.0M (revenue -2.4% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.6M, and assets of $7.6M (revenue -16.7% year-over-year).
- 2016: Revenue of $1.7M, expenses of $2.2M, and assets of $7.0M (revenue -23.3% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.9M, and assets of $7.3M (revenue +9.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.7M, and assets of $7.5M (revenue -31.4% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $7.5M (revenue +127.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $2.3M, and assets of $7.0M (revenue +14.8% year-over-year).
- 2011: Revenue of $1.1M, expenses of $2.9M, and assets of $7.9M.
Data Sources and Methodology
This transparency report for Mohawk Valley Health System Foundation 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.