Plattsburgh College Foundation Inc

Plattsburgh College Foundation maintains strong asset growth and zero reported officer compensation over a decade.

EIN: 141484644 · Plattsburgh, NY · NTEE: B110 · Updated: 2026-03-28

$5.1MRevenue

$43.4MAssets

92/100Mission Score (Excellent)

B110

About Plattsburgh College Foundation Inc

Plattsburgh College Foundation Inc (EIN: 141484644) is a nonprofit organization based in Plattsburgh, NY, classified under NTEE code B110. The organization reported total revenue of $5.1M and total assets of $43.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plattsburgh College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Plattsburgh College Foundation Inc. demonstrates a generally healthy financial position, with assets consistently growing over the past decade, reaching $41,163,520 in the 202406 period. Revenue has fluctuated, with a notable peak of $8,457,454 in 202206, but the organization has consistently maintained a strong asset base relative to its liabilities, indicating good financial stability. The foundation's primary purpose is to support Plattsburgh College, and its spending patterns reflect this mission.

Spending efficiency appears strong, with program expenses likely constituting the vast majority of total expenditures, given the nature of a college foundation. The consistent reporting of 0% officer compensation across all available filings suggests a highly efficient use of funds, with leadership likely serving in a volunteer capacity or compensated through other means not reported as officer compensation. This practice significantly reduces administrative overhead and maximizes resources available for programmatic activities.

Transparency is high, as evidenced by the readily available and consistent IRS 990 filings over 14 periods. The detailed financial data, including revenue, expenses, assets, liabilities, and officer compensation, provides a clear picture of the foundation's financial operations. The absence of reported officer compensation is a key indicator of fiscal prudence and a commitment to directing resources towards its educational mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Plattsburgh College Foundation Inc with a Mission Score of 92 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, Plattsburgh College Foundation 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

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or is compensated through mechanisms not classified as officer compensation, which is highly favorable for 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 Plattsburgh College Foundation Inc:

Consistent asset growth, reaching $41,163,520 in 202406.
Zero reported officer compensation across all 14 filings, indicating high efficiency.
Strong financial stability with low liabilities relative to assets.
Long history of consistent IRS 990 filings, demonstrating transparency.
NTEE code B110 (College/University) aligns with its mission as a college foundation.

Frequently Asked Questions about Plattsburgh College Foundation Inc

Is Plattsburgh College Foundation Inc. a good charity?

Based on its consistent asset growth, strong financial stability (assets significantly outweigh liabilities), and zero reported officer compensation over a decade, the Plattsburgh College Foundation Inc. appears to be a very well-managed and efficient organization, making it a good charity in terms of financial health and resource allocation.

How has the foundation's asset base changed over time?

The foundation's assets have shown consistent growth, increasing from $22,426,885 in 201506 to $41,163,520 in 202406, nearly doubling in less than a decade.

What is the trend in revenue for the foundation?

Revenue has fluctuated significantly year-to-year, ranging from a low of $2,677,158 in 201506 to a high of $8,457,454 in 202206, indicating variability in fundraising or investment income.

Does the foundation have significant liabilities?

No, the foundation maintains very low liabilities relative to its assets. For example, in 202406, liabilities were $1,437,314 against assets of $41,163,520, demonstrating strong financial solvency.

Filing History

IRS 990 filing history for Plattsburgh College Foundation Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Plattsburgh College Foundation Inc's revenue has grown by 32%, moving from $2.6M to $3.4M. Total assets increased by 126.5% over the same period, from $18.2M to $41.2M. Total functional expenses rose by 278.4%, from $1.5M to $5.5M. In its most recent filing year (2024), Plattsburgh College Foundation Inc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $41.2M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $39.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$3.4M	$5.5M	$41.2M	$1.4M	—	View 990
2023	$4.3M	$2.9M	$39.3M	$406K	—	View 990
2022	$8.5M	$2.3M	$36.7M	$323K	—	View 990
2021	$3.5M	$2.0M	$35.4M	$272K	—	View 990
2020	$2.9M	$2.7M	$28.1M	$116K	—	View 990
2019	$5.0M	$2.9M	$28.3M	$147K	—	View 990
2018	$3.1M	$2.4M	$25.7M	$122K	—	View 990
2017	$4.2M	$3.6M	$24.4M	$122K	—	View 990
2016	$2.7M	$2.3M	$22.4M	$187K	—	View 990
2015	$2.7M	$2.1M	$22.4M	$169K	—	View 990
2014	$3.5M	$1.8M	$22.5M	$190K	—	View 990
2013	$2.7M	$1.7M	$19.2M	$202K	—	View 990
2012	$1.7M	$1.7M	$17.5M	$174K	—	View 990
2011	$2.6M	$1.5M	$18.2M	$209K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $3.4M, expenses of $5.5M, and assets of $41.2M (revenue -19.9% year-over-year).
2023: Revenue of $4.3M, expenses of $2.9M, and assets of $39.3M (revenue -49.2% year-over-year).
2022: Revenue of $8.5M, expenses of $2.3M, and assets of $36.7M (revenue +139.0% year-over-year).
2021: Revenue of $3.5M, expenses of $2.0M, and assets of $35.4M (revenue +21.0% year-over-year).
2020: Revenue of $2.9M, expenses of $2.7M, and assets of $28.1M (revenue -41.6% year-over-year).
2019: Revenue of $5.0M, expenses of $2.9M, and assets of $28.3M (revenue +62.5% year-over-year).
2018: Revenue of $3.1M, expenses of $2.4M, and assets of $25.7M (revenue -26.3% year-over-year).
2017: Revenue of $4.2M, expenses of $3.6M, and assets of $24.4M (revenue +53.1% year-over-year).
2016: Revenue of $2.7M, expenses of $2.3M, and assets of $22.4M (revenue +2.0% year-over-year).
2015: Revenue of $2.7M, expenses of $2.1M, and assets of $22.4M (revenue -23.7% year-over-year).
2014: Revenue of $3.5M, expenses of $1.8M, and assets of $22.5M (revenue +30.1% year-over-year).
2013: Revenue of $2.7M, expenses of $1.7M, and assets of $19.2M (revenue +59.0% year-over-year).
2012: Revenue of $1.7M, expenses of $1.7M, and assets of $17.5M (revenue -34.9% year-over-year).
2011: Revenue of $2.6M, expenses of $1.5M, and assets of $18.2M.

Data Sources and Methodology

This transparency report for Plattsburgh College Foundation 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.