New York State Health Facilities Association Inc
New York State Health Facilities Association Inc. consistently generates surpluses and grows assets with no reported officer compensation.
EIN: 160970663 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3.3M |
| Program Spending | 85% |
| Net Assets | $11.0M |
| Transparency Score | 85/100 |
Is New York State Health Facilities Association Inc 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 Health Facilities Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Health Facilities Association Inc
New York State Health Facilities Association Inc (EIN: 160970663) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Health Facilities Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Health Facilities Association Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $12.1M |
| Total Liabilities | $1.1M |
| Net Assets | $11.0M |
| Operating Margin | 23.9% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 44.6 months |
Financial Health Grade: A
In 2023, New York State Health Facilities Association Inc reported a surplus of $1.0M with revenue exceeding expenses, holds 44.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), New York State Health Facilities Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +6.0% | +31.2% |
| 2021 | +6.1% | +1.0% | +9.7% |
| 2020 | +6.0% | -6.9% | +6.9% |
| 2019 | -4.1% | +3.3% | +1.2% |
| 2018 | -2.7% | +10.7% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
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 Health Facilities Association Inc 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 Health Facilities Association 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 $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive compensation is either not paid, paid through a related entity, or not categorized as 'officer compensation' on the 990, which could indicate a highly efficient use of funds or a need for further clarification on compensation structures.
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 Health Facilities Association Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (e.g., program vs. admin) in provided data
- 0% reported officer compensation, which may obscure actual executive remuneration if paid through other means
Strengths
The following positive indicators were identified for New York State Health Facilities Association Inc:
- Consistent financial surpluses, indicating sound financial management (e.g., $1,023,265 surplus in 2023)
- Strong asset growth over the past decade (from $5.2M in 2013 to $12.1M in 2023)
- Low liabilities relative to assets, demonstrating financial stability (e.g., $1.1M liabilities vs. $12.1M assets in 2023)
- Consistent filing of IRS Form 990s, indicating transparency
Frequently Asked Questions about New York State Health Facilities Association Inc
Is New York State Health Facilities Association Inc a legitimate charity?
New York State Health Facilities Association Inc (EIN: 160970663) 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. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New York State Health Facilities Association Inc spend its money?
New York State Health Facilities Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York State Health Facilities Association Inc tax-deductible?
New York State Health Facilities Association Inc is registered as a tax-exempt nonprofit (EIN: 160970663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York State Health Facilities Association Inc's spending goes to programs?
New York State Health Facilities Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York State Health Facilities Association Inc located?
New York State Health Facilities Association Inc is headquartered in Albany, New York and files with the IRS under EIN 160970663.
How many years of IRS 990 filings does New York State Health Facilities Association Inc have?
New York State Health Facilities Association 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.
Is New York State Health Facilities Association Inc. financially stable?
Yes, the organization is financially stable, consistently generating surpluses (e.g., $1,023,265 in 2023) and growing its assets from $5.2 million in 2013 to over $12.1 million in 2023, while maintaining low liabilities relative to assets.
How does the organization manage its executive compensation?
The provided data indicates 0% officer compensation across all filings, which is unusual for an organization of this size. This suggests executive compensation may be structured in a way not reported as 'officer compensation' on the 990, or that leadership serves without direct compensation from the organization.
What is the trend in the organization's financial growth?
The organization shows a strong growth trend, with revenues increasing from $3.3 million in 2013 to $4.2 million in 2023, and assets more than doubling from $5.2 million to $12.1 million over the same period.
Filing History
IRS 990 filing history for New York State Health Facilities Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), New York State Health Facilities Association Inc's revenue has grown by 41.1%, moving from $3.0M to $4.3M. Total assets increased by 188.2% over the same period, from $4.2M to $12.1M. Total functional expenses rose by 14.4%, from $2.8M to $3.3M. In its most recent filing year (2023), New York State Health Facilities Association Inc reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $12.1M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.3M | $12.1M | $1.1M | — | — |
| 2021 | $4.1M | $3.1M | $9.2M | $249K | — | View 990 |
| 2020 | $3.8M | $3.0M | $8.4M | $408K | — | View 990 |
| 2019 | $3.6M | $3.3M | $7.9M | $637K | — | — |
| 2018 | $3.8M | $3.2M | $7.8M | $881K | — | View 990 |
| 2017 | $3.9M | $2.9M | $6.9M | $654K | — | View 990 |
| 2016 | $3.6M | $3.2M | $5.9M | $636K | — | View 990 |
| 2015 | $3.5M | $3.1M | $5.9M | $641K | — | View 990 |
| 2014 | $3.2M | $3.1M | $5.6M | $647K | — | View 990 |
| 2013 | $3.3M | $2.9M | $5.2M | $479K | — | View 990 |
| 2012 | $3.5M | $3.2M | $4.9M | $594K | — | View 990 |
| 2011 | $3.1M | $2.7M | $4.7M | $606K | — | View 990 |
| 2010 | $3.0M | $2.8M | $4.2M | $515K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.3M, and assets of $12.1M (revenue +5.6% year-over-year).
- 2021: Revenue of $4.1M, expenses of $3.1M, and assets of $9.2M (revenue +6.1% year-over-year).
- 2020: Revenue of $3.8M, expenses of $3.0M, and assets of $8.4M (revenue +6.0% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.3M, and assets of $7.9M (revenue -4.1% year-over-year).
- 2018: Revenue of $3.8M, expenses of $3.2M, and assets of $7.8M (revenue -2.7% year-over-year).
- 2017: Revenue of $3.9M, expenses of $2.9M, and assets of $6.9M (revenue +7.9% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.2M, and assets of $5.9M (revenue +3.3% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.1M, and assets of $5.9M (revenue +7.2% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.1M, and assets of $5.6M (revenue -2.9% year-over-year).
- 2013: Revenue of $3.3M, expenses of $2.9M, and assets of $5.2M (revenue -5.5% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.2M, and assets of $4.9M (revenue +13.2% year-over-year).
- 2011: Revenue of $3.1M, expenses of $2.7M, and assets of $4.7M (revenue +2.6% year-over-year).
- 2010: Revenue of $3.0M, expenses of $2.8M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York State Health Facilities Association Inc:
Data Sources and Methodology
This transparency report for New York State Health Facilities Association 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.