New York State Correctional
New York State Correctional maintains strong assets and consistent spending with no reported officer compensation.
EIN: 141802469 · Albany, NY · NTEE: J40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.3M |
| Total Expenses | $16.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $18.9M |
| Transparency Score | 85/100 |
Is New York State Correctional Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York State Correctional directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Correctional
New York State Correctional (EIN: 141802469) is a nonprofit organization based in Albany, NY, classified under NTEE code J40. The organization reported total revenue of $18.3M and total assets of $33.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Correctional's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Correctional is a large nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.2M |
| Total Expenses | $16.2M |
| Surplus / Deficit | +$86K |
| Total Assets | $26.9M |
| Total Liabilities | $8.0M |
| Net Assets | $18.9M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 29.8% |
| Months of Reserves | 20.0 months |
Financial Health Grade: A
In 2023, New York State Correctional reported a surplus of $86K with revenue exceeding expenses, holds 20.0 months of operating reserves (strong position), has a debt-to-asset ratio of 29.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York State Correctional's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.4% | -6.0% | +10.3% |
| 2022 | -4.9% | +6.0% | -7.7% |
| 2021 | -4.1% | +0.4% | +13.6% |
| 2020 | -11.3% | +0.8% | +23.2% |
| 2019 | +39.4% | -5.1% | +42.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 New York State Correctional with a Mission Score of 85 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, New York State Correctional 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 $86K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues exceeding $15 million and assets over $25 million. This suggests either a fully volunteer executive leadership or that compensation is reported under different categories, warranting further investigation for complete transparency.
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 New York State Correctional's IRS 990 filings:
- Lack of clarity on executive compensation reporting (0% officer comp for a large organization)
- Fluctuating revenue year-over-year (e.g., $21.4M in 201912 to $16.2M in 202312)
Strengths
The following positive indicators were identified for New York State Correctional:
- Strong and growing asset base ($26,908,906 in 202312)
- Consistent financial stability with healthy net assets (Assets significantly exceed Liabilities)
- Efficient spending with expenses closely matching revenue, indicating funds are being utilized
- Low liabilities relative to assets ($8,027,150 liabilities vs. $26,908,906 assets in 202312)
Frequently Asked Questions about New York State Correctional
Is New York State Correctional a legitimate charity?
New York State Correctional (EIN: 141802469) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $18.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New York State Correctional spend its money?
New York State Correctional directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York State Correctional tax-deductible?
New York State Correctional is registered as a tax-exempt nonprofit (EIN: 141802469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York State Correctional CEO make?
New York State Correctional's highest-compensated officer earns $15 annually. The organization reported $18.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York State Correctional's spending goes to programs?
New York State Correctional directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York State Correctional compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New York State Correctional is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York State Correctional located?
New York State Correctional is headquartered in Albany, New York and files with the IRS under EIN 141802469. It is classified under NTEE code J40.
How many years of IRS 990 filings does New York State Correctional have?
New York State Correctional 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 $18.3M in total revenue.
How does New York State Correctional manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which would require further clarification from the organization.
What are the specific program activities funded by New York State Correctional?
While the NTEE code J40 indicates 'Correctional Facilities & Offender Services', the provided data does not detail specific program activities. A deeper dive into the full IRS 990 form, particularly Schedule O and Part III, would be necessary to understand the nature and scope of their programs.
Is the organization's asset growth sustainable given its spending patterns?
The organization has shown consistent asset growth, from $13,216,324 in 201812 to $26,908,906 in 202312. This growth, alongside expenses closely matching revenue, suggests prudent financial management and reinvestment, indicating sustainability.
Filing History
IRS 990 filing history for New York State Correctional showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York State Correctional's revenue has grown by 39.5%, moving from $11.6M to $16.2M. Total assets increased by 110.1% over the same period, from $12.8M to $26.9M. Total functional expenses rose by 34.5%, from $12.0M to $16.2M. In its most recent filing year (2023), New York State Correctional reported a surplus of $86K, with revenue exceeding expenses. The organization holds $8.0M in liabilities against $26.9M in assets (debt-to-asset ratio: 29.8%), resulting in net assets of $18.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.2M | $16.2M | $26.9M | $8.0M | — | — |
| 2022 | $17.4M | $17.2M | $24.4M | $6.5M | — | View 990 |
| 2021 | $18.3M | $16.2M | $26.4M | $7.0M | — | View 990 |
| 2020 | $19.0M | $16.2M | $23.3M | $5.9M | — | — |
| 2019 | $21.5M | $16.0M | $18.9M | $4.4M | — | View 990 |
| 2018 | $15.4M | $16.9M | $13.2M | $4.2M | — | View 990 |
| 2017 | $15.1M | $16.5M | $13.5M | $2.9M | — | View 990 |
| 2016 | $15.0M | $16.8M | $14.7M | $2.8M | — | View 990 |
| 2015 | $14.5M | $17.0M | $16.6M | $2.9M | — | View 990 |
| 2014 | $13.9M | $14.1M | $18.3M | $2.1M | — | View 990 |
| 2013 | $13.9M | $13.3M | $18.8M | $2.4M | — | View 990 |
| 2012 | $17.9M | $13.5M | $17.8M | $2.0M | — | View 990 |
| 2011 | $11.6M | $12.0M | $12.8M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.2M, expenses of $16.2M, and assets of $26.9M (revenue -6.4% year-over-year).
- 2022: Revenue of $17.4M, expenses of $17.2M, and assets of $24.4M (revenue -4.9% year-over-year).
- 2021: Revenue of $18.3M, expenses of $16.2M, and assets of $26.4M (revenue -4.1% year-over-year).
- 2020: Revenue of $19.0M, expenses of $16.2M, and assets of $23.3M (revenue -11.3% year-over-year).
- 2019: Revenue of $21.5M, expenses of $16.0M, and assets of $18.9M (revenue +39.4% year-over-year).
- 2018: Revenue of $15.4M, expenses of $16.9M, and assets of $13.2M (revenue +2.0% year-over-year).
- 2017: Revenue of $15.1M, expenses of $16.5M, and assets of $13.5M (revenue +0.5% year-over-year).
- 2016: Revenue of $15.0M, expenses of $16.8M, and assets of $14.7M (revenue +3.5% year-over-year).
- 2015: Revenue of $14.5M, expenses of $17.0M, and assets of $16.6M (revenue +4.5% year-over-year).
- 2014: Revenue of $13.9M, expenses of $14.1M, and assets of $18.3M (revenue +0.4% year-over-year).
- 2013: Revenue of $13.9M, expenses of $13.3M, and assets of $18.8M (revenue -22.7% year-over-year).
- 2012: Revenue of $17.9M, expenses of $13.5M, and assets of $17.8M (revenue +53.9% year-over-year).
- 2011: Revenue of $11.6M, expenses of $12.0M, and assets of $12.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York State Correctional:
Data Sources and Methodology
This transparency report for New York State Correctional 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.