Syracuse Health Science Center Medical Alumni Foundation Inc
Syracuse Health Science Center Medical Alumni Foundation consistently generates surpluses with zero reported officer compensation.
EIN: 166038703 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.5M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $70 |
| Net Assets | $51.7M |
| Transparency Score | 85/100 |
Is Syracuse Health Science Center Medical Alumni Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Syracuse Health Science Center Medical Alumni Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Syracuse Health Science Center Medical Alumni Foundation Inc
Syracuse Health Science Center Medical Alumni Foundation Inc (EIN: 166038703) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $22.5M and total assets of $70.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Syracuse Health Science Center Medical Alumni Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Syracuse Health Science Center Medical Alumni Foundation Inc is a large nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $52.7M |
| Total Liabilities | $967K |
| Net Assets | $51.7M |
| Operating Margin | 38.2% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 314.5 months |
Financial Health Grade: A
In 2023, Syracuse Health Science Center Medical Alumni Foundation Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 314.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Syracuse Health Science Center Medical Alumni Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.4% | -10.1% | +4.0% |
| 2022 | +517.5% | +17.5% | +55.5% |
| 2021 | +3.1% | +9.8% | +18.3% |
| 2020 | +40.2% | +6.5% | +7.7% |
| 2019 | -31.3% | -3.3% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1965 |
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 Syracuse Health Science Center Medical Alumni Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Syracuse Health Science Center Medical Alumni Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with assets exceeding $70 million.
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 Syracuse Health Science Center Medical Alumni Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation for an organization with significant assets, which may obscure how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Syracuse Health Science Center Medical Alumni Foundation Inc:
- Consistent financial surpluses, indicating strong financial management (e.g., 2023 revenue $3,252,934 vs. expenses $2,009,949).
- Significant and growing asset base, reaching $70,521,037, providing long-term stability.
- No reported officer compensation, potentially indicating a highly efficient or volunteer-driven leadership structure.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Syracuse Health Science Center Medical Alumni Foundation Inc
Is Syracuse Health Science Center Medical Alumni Foundation Inc a legitimate charity?
Syracuse Health Science Center Medical Alumni Foundation Inc (EIN: 166038703) 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: $22.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Syracuse Health Science Center Medical Alumni Foundation Inc spend its money?
Syracuse Health Science Center Medical Alumni Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Syracuse Health Science Center Medical Alumni Foundation Inc tax-deductible?
Syracuse Health Science Center Medical Alumni Foundation Inc is registered as a tax-exempt nonprofit (EIN: 166038703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Syracuse Health Science Center Medical Alumni Foundation Inc CEO make?
Syracuse Health Science Center Medical Alumni Foundation Inc's highest-compensated officer earns $70 annually. The organization reported $22.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Syracuse Health Science Center Medical Alumni Foundation Inc's spending goes to programs?
Syracuse Health Science Center Medical Alumni Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Syracuse Health Science Center Medical Alumni Foundation Inc located?
Syracuse Health Science Center Medical Alumni Foundation Inc is headquartered in Syracuse, New York and files with the IRS under EIN 166038703.
How many years of IRS 990 filings does Syracuse Health Science Center Medical Alumni Foundation Inc have?
Syracuse Health Science Center Medical Alumni Foundation 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. The most recent filing shows $22.5M in total revenue.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be crucial for a more precise assessment of spending efficiency.
How does the organization manage to report 0% officer compensation with significant assets?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size and asset base. It suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within the 990, which warrants further investigation.
What are the primary programs funded by the foundation?
The provided data does not specify the primary programs or initiatives funded by the Syracuse Health Science Center Medical Alumni Foundation Inc. Understanding these programs would provide insight into the direct impact of its financial activities.
Filing History
IRS 990 filing history for Syracuse Health Science Center Medical Alumni Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Syracuse Health Science Center Medical Alumni Foundation Inc's revenue has grown by 202%, moving from $1.1M to $3.3M. Total assets increased by 486.8% over the same period, from $9.0M to $52.7M. Total functional expenses rose by 117.3%, from $925K to $2.0M. In its most recent filing year (2023), Syracuse Health Science Center Medical Alumni Foundation Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $967K in liabilities against $52.7M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $51.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $2.0M | $52.7M | $967K | — | View 990 |
| 2022 | $25.8M | $2.2M | $50.6M | $1.2M | — | View 990 |
| 2021 | $4.2M | $1.9M | $32.6M | $914K | — | View 990 |
| 2020 | $4.0M | $1.7M | $27.5M | $935K | — | View 990 |
| 2019 | $2.9M | $1.6M | $25.6M | $778K | — | View 990 |
| 2018 | $4.2M | $1.7M | $24.2M | $831K | — | View 990 |
| 2017 | $2.7M | $1.4M | $19.9M | $591K | — | View 990 |
| 2016 | $2.3M | $1.3M | $18.0M | $532K | — | View 990 |
| 2015 | $2.0M | $1.1M | $15.9M | $669K | — | View 990 |
| 2014 | $3.0M | $1.1M | $15.9M | $684K | — | View 990 |
| 2013 | $2.1M | $1.1M | $13.7M | $637K | — | View 990 |
| 2012 | $2.8M | $945K | $12.0M | $537K | — | View 990 |
| 2011 | $1.1M | $925K | $9.0M | $484K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $2.0M, and assets of $52.7M (revenue -87.4% year-over-year).
- 2022: Revenue of $25.8M, expenses of $2.2M, and assets of $50.6M (revenue +517.5% year-over-year).
- 2021: Revenue of $4.2M, expenses of $1.9M, and assets of $32.6M (revenue +3.1% year-over-year).
- 2020: Revenue of $4.0M, expenses of $1.7M, and assets of $27.5M (revenue +40.2% year-over-year).
- 2019: Revenue of $2.9M, expenses of $1.6M, and assets of $25.6M (revenue -31.3% year-over-year).
- 2018: Revenue of $4.2M, expenses of $1.7M, and assets of $24.2M (revenue +57.2% year-over-year).
- 2017: Revenue of $2.7M, expenses of $1.4M, and assets of $19.9M (revenue +17.0% year-over-year).
- 2016: Revenue of $2.3M, expenses of $1.3M, and assets of $18.0M (revenue +16.5% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.1M, and assets of $15.9M (revenue -34.7% year-over-year).
- 2014: Revenue of $3.0M, expenses of $1.1M, and assets of $15.9M (revenue +45.8% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.1M, and assets of $13.7M (revenue -25.9% year-over-year).
- 2012: Revenue of $2.8M, expenses of $945K, and assets of $12.0M (revenue +158.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $925K, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Syracuse Health Science Center Medical Alumni Foundation Inc:
Data Sources and Methodology
This transparency report for Syracuse Health Science Center Medical Alumni 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.