Mount Sinai Ambulatory Ventures Inc
Mount Sinai Ambulatory Ventures Inc. consistently reports minimal expenses relative to substantial revenue and growing assets, suggesting a holding or pass-through financial structure.
EIN: 133838460 · New York, NY · NTEE: E20Z · Updated: 2026-03-28
Is Mount Sinai Ambulatory Ventures Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Sinai Ambulatory Ventures Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Sinai Ambulatory Ventures Inc
Mount Sinai Ambulatory Ventures Inc (EIN: 133838460) is a nonprofit organization based in New York, NY, classified under NTEE code E20Z. The organization reported total revenue of $5.2M and total assets of $71.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Sinai Ambulatory Ventures Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Sinai Ambulatory Ventures Inc is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $7K |
| Surplus / Deficit | +$4.6M |
| Total Assets | $66.2M |
| Total Liabilities | $124 |
| Net Assets | $66.2M |
| Operating Margin | 99.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 106921.4 months |
Financial Health Grade: A
In 2023, Mount Sinai Ambulatory Ventures Inc reported a surplus of $4.6M with revenue exceeding expenses, holds 106921.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Mount Sinai Ambulatory Ventures Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.3% | +67.6% | +7.5% |
| 2022 | -26.7% | +80.3% | +6.0% |
| 2021 | -14.1% | -83.7% | +27.5% |
| 2020 | -37.1% | -17.6% | +7.1% |
| 2019 | +6.6% | -12.4% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Mount Sinai Ambulatory Ventures Inc with a Mission Score of 70 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Mount Sinai Ambulatory Ventures Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $4.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation for this specific entity is consistently reported as 0%, indicating that officers are either uncompensated by this particular entity or compensated by a related organization within the Mount Sinai system, which enhances transparency for this specific filing.
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 Mount Sinai Ambulatory Ventures Inc's IRS 990 filings:
- Extremely low reported expenses relative to revenue, making traditional efficiency analysis difficult.
- Lack of detailed programmatic spending within this specific entity's filings, requiring examination of related organizations.
Strengths
The following positive indicators were identified for Mount Sinai Ambulatory Ventures Inc:
- Consistent asset growth, indicating strong financial management and accumulation (from $7.4M in 2014 to $71.3M currently).
- Zero reported officer compensation, suggesting transparency regarding executive pay within this specific entity.
- High revenue retention due to minimal expenses, contributing to financial stability.
- Clear financial structure, likely as a specialized component of a larger health system.
Frequently Asked Questions about Mount Sinai Ambulatory Ventures Inc
Is Mount Sinai Ambulatory Ventures Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Sinai Ambulatory Ventures Inc (EIN: 133838460) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does Mount Sinai Ambulatory Ventures Inc spend its money?
Mount Sinai Ambulatory Ventures Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Sinai Ambulatory Ventures Inc tax-deductible?
Mount Sinai Ambulatory Ventures Inc is registered as a tax-exempt nonprofit (EIN: 133838460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary function of Mount Sinai Ambulatory Ventures Inc. given its low reported expenses?
The organization likely serves as a holding company, investment vehicle, or a pass-through entity for funds within the broader Mount Sinai health system, rather than directly operating programs with significant expenses.
Where are the actual operational and programmatic costs for the 'ventures' incurred?
The operational and programmatic costs associated with Mount Sinai's ambulatory ventures are likely incurred and reported by other related entities within the Mount Sinai health system, not directly by this specific organization.
Is the organization financially stable?
Yes, Mount Sinai Ambulatory Ventures Inc. appears highly financially stable, consistently accumulating assets (from $7.4M in 2014 to $71.3M currently) and retaining nearly all its revenue due to minimal reported expenses.
How does this entity contribute to the overall Mount Sinai mission?
While not directly incurring program expenses, this entity likely contributes by managing assets, generating revenue, or facilitating financial transactions that support the broader Mount Sinai health system's mission and operations.
Filing History
IRS 990 filing history for Mount Sinai Ambulatory Ventures Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Mount Sinai Ambulatory Ventures Inc's revenue has grown by 460.6%, moving from $822K to $4.6M. Total assets increased by 10217.6% over the same period, from $641K to $66.2M. Total functional expenses fell by 99.3%, from $993K to $7K. In its most recent filing year (2023), Mount Sinai Ambulatory Ventures Inc reported a surplus of $4.6M, with revenue exceeding expenses. The organization holds $124 in liabilities against $66.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $66.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $7K | $66.2M | $124 | — | — |
| 2022 | $3.5M | $4K | $61.6M | $5K | — | View 990 |
| 2021 | $4.8M | $2K | $58.1M | $5K | — | View 990 |
| 2020 | $5.6M | $15K | $45.6M | $5K | — | View 990 |
| 2019 | $8.9M | $18K | $42.5M | $5K | — | View 990 |
| 2018 | $8.3M | $21K | $37.6M | $5K | — | View 990 |
| 2017 | $5.0M | $21K | $33.2M | $14K | — | View 990 |
| 2016 | $10.3M | $62K | $29.0M | $8K | — | View 990 |
| 2015 | $12.4M | $115K | $19.2M | $8K | — | View 990 |
| 2014 | $8.3M | $51K | $7.4M | $35K | — | View 990 |
| 2013 | $3.3M | $1.1M | $4.2M | $3.9M | — | View 990 |
| 2012 | $4.1M | $2.8M | $3.8M | $5.1M | — | View 990 |
| 2011 | $3.7M | $2.3M | $1.4M | $4.5M | — | View 990 |
| 2010 | $822K | $993K | $641K | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $7K, and assets of $66.2M (revenue +31.3% year-over-year).
- 2022: Revenue of $3.5M, expenses of $4K, and assets of $61.6M (revenue -26.7% year-over-year).
- 2021: Revenue of $4.8M, expenses of $2K, and assets of $58.1M (revenue -14.1% year-over-year).
- 2020: Revenue of $5.6M, expenses of $15K, and assets of $45.6M (revenue -37.1% year-over-year).
- 2019: Revenue of $8.9M, expenses of $18K, and assets of $42.5M (revenue +6.6% year-over-year).
- 2018: Revenue of $8.3M, expenses of $21K, and assets of $37.6M (revenue +65.8% year-over-year).
- 2017: Revenue of $5.0M, expenses of $21K, and assets of $33.2M (revenue -51.4% year-over-year).
- 2016: Revenue of $10.3M, expenses of $62K, and assets of $29.0M (revenue -16.4% year-over-year).
- 2015: Revenue of $12.4M, expenses of $115K, and assets of $19.2M (revenue +49.1% year-over-year).
- 2014: Revenue of $8.3M, expenses of $51K, and assets of $7.4M (revenue +149.8% year-over-year).
- 2013: Revenue of $3.3M, expenses of $1.1M, and assets of $4.2M (revenue -18.5% year-over-year).
- 2012: Revenue of $4.1M, expenses of $2.8M, and assets of $3.8M (revenue +10.2% year-over-year).
- 2011: Revenue of $3.7M, expenses of $2.3M, and assets of $1.4M (revenue +349.3% year-over-year).
- 2010: Revenue of $822K, expenses of $993K, and assets of $641K.
Data Sources and Methodology
This transparency report for Mount Sinai Ambulatory Ventures 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.