The Samaritan Medical Center Foundation Of Northern New York In
Samaritan Medical Center Foundation shows consistent asset growth and zero executive compensation, but spending efficiency details are limited.
EIN: 161490523 · Watertown, NY · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $450K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $19.1M |
| Transparency Score | 85/100 |
Is The Samaritan Medical Center Foundation Of Northern New York In Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Samaritan Medical Center Foundation Of Northern New York In directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Samaritan Medical Center Foundation Of Northern New York In
The Samaritan Medical Center Foundation Of Northern New York In (EIN: 161490523) is a nonprofit organization based in Watertown, NY, classified under NTEE code T30. The organization reported total revenue of $4.5M and total assets of $21.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Samaritan Medical Center Foundation Of Northern New York In's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Samaritan Medical Center Foundation Of Northern New York In is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $450K |
| Surplus / Deficit | +$883K |
| Total Assets | $19.3M |
| Total Liabilities | $140K |
| Net Assets | $19.1M |
| Operating Margin | 66.2% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 514.0 months |
Financial Health Grade: A
In 2023, The Samaritan Medical Center Foundation Of Northern New York In reported a surplus of $883K with revenue exceeding expenses, holds 514.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Samaritan Medical Center Foundation Of Northern New York In's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.6% | -2.5% | +12.6% |
| 2022 | -50.4% | -29.7% | -12.2% |
| 2021 | +75.0% | -37.8% | +9.1% |
| 2020 | -82.4% | -64.4% | +6.0% |
| 2019 | +56.2% | +407.3% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 The Samaritan Medical Center Foundation Of Northern New York In 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: 75%
- fundraising: 10%
According to IRS 990 filings, The Samaritan Medical Center Foundation Of Northern New York In allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $883K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the foundation, which is a strong positive for a foundation of its size with assets over $19 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 The Samaritan Medical Center Foundation Of Northern New York In's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency analysis difficult.
Strengths
The following positive indicators were identified for The Samaritan Medical Center Foundation Of Northern New York In:
- Consistent asset growth over the past decade, reaching $19,280,201 in 2023.
- 0% officer compensation reported across all available filings, indicating strong fiscal responsibility.
- Generally low liabilities relative to assets, suggesting good financial health (e.g., $140,096 liabilities vs. $19,280,201 assets in 2023).
- Positive net revenue in most years, contributing to endowment growth.
Frequently Asked Questions about The Samaritan Medical Center Foundation Of Northern New York In
Is The Samaritan Medical Center Foundation Of Northern New York In a legitimate charity?
Based on AI analysis of IRS 990 filings, The Samaritan Medical Center Foundation Of Northern New York In (EIN: 161490523) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does The Samaritan Medical Center Foundation Of Northern New York In spend its money?
The Samaritan Medical Center Foundation Of Northern New York In directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Samaritan Medical Center Foundation Of Northern New York In tax-deductible?
The Samaritan Medical Center Foundation Of Northern New York In is registered as a tax-exempt nonprofit (EIN: 161490523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Samaritan Medical Center Foundation Of Northern New York In CEO make?
The Samaritan Medical Center Foundation Of Northern New York In's highest-compensated officer earns $19 annually. The organization reported $4.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Samaritan Medical Center Foundation Of Northern New York In's spending goes to programs?
The Samaritan Medical Center Foundation Of Northern New York In directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Samaritan Medical Center Foundation Of Northern New York In compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Samaritan Medical Center Foundation Of Northern New York In is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Samaritan Medical Center Foundation Of Northern New York In located?
The Samaritan Medical Center Foundation Of Northern New York In is headquartered in Watertown, New York and files with the IRS under EIN 161490523. It is classified under NTEE code T30.
How many years of IRS 990 filings does The Samaritan Medical Center Foundation Of Northern New York In have?
The Samaritan Medical Center Foundation Of Northern New York In 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 $4.5M in total revenue.
Is The Samaritan Medical Center Foundation Of Northern New York In a good charity?
Based on the available data, the foundation appears to be a financially stable organization with a strong commitment to its mission, evidenced by consistent asset growth and 0% officer compensation. However, a full assessment of 'goodness' would require more detailed expense breakdowns to evaluate program efficiency.
How does the foundation manage its expenses relative to its revenue?
The foundation often reports significantly lower expenses than its revenue, such as $1,333,394 in revenue versus $450,111 in expenses in 2023. This suggests a strategy of accumulating assets and building its endowment, which is typical for a foundation supporting a medical center.
What is the trend in the foundation's assets?
The foundation has shown a strong upward trend in assets, growing from $11,333,815 in 2014 to $19,280,201 in 2023, indicating sound financial management and successful fundraising efforts over the long term.
Filing History
IRS 990 filing history for The Samaritan Medical Center Foundation Of Northern New York In showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Samaritan Medical Center Foundation Of Northern New York In's revenue has grown by 1.3%, moving from $1.3M to $1.3M. Total assets increased by 135.8% over the same period, from $8.2M to $19.3M. Total functional expenses fell by 35.3%, from $695K to $450K. In its most recent filing year (2023), The Samaritan Medical Center Foundation Of Northern New York In reported a surplus of $883K, with revenue exceeding expenses. The organization holds $140K in liabilities against $19.3M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $19.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $450K | $19.3M | $140K | — | — |
| 2022 | $692K | $462K | $17.1M | $253K | — | View 990 |
| 2021 | $1.4M | $657K | $19.5M | $438K | — | View 990 |
| 2020 | $797K | $1.1M | $17.9M | $667K | — | View 990 |
| 2019 | $4.5M | $3.0M | $16.9M | $306K | — | View 990 |
| 2018 | $2.9M | $584K | $15.3M | $471K | — | View 990 |
| 2017 | $1.6M | $421K | $14.0M | $397K | — | View 990 |
| 2016 | $2.1M | $790K | $11.9M | $420K | — | View 990 |
| 2015 | $903K | $472K | $11.3M | $1.7M | — | View 990 |
| 2014 | $1.6M | $961K | $11.3M | $1.7M | — | View 990 |
| 2013 | $1.5M | $1.3M | $10.6M | $1.7M | — | View 990 |
| 2012 | $2.4M | $877K | $10.3M | $2.4M | — | View 990 |
| 2011 | $1.3M | $695K | $8.2M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $450K, and assets of $19.3M (revenue +92.6% year-over-year).
- 2022: Revenue of $692K, expenses of $462K, and assets of $17.1M (revenue -50.4% year-over-year).
- 2021: Revenue of $1.4M, expenses of $657K, and assets of $19.5M (revenue +75.0% year-over-year).
- 2020: Revenue of $797K, expenses of $1.1M, and assets of $17.9M (revenue -82.4% year-over-year).
- 2019: Revenue of $4.5M, expenses of $3.0M, and assets of $16.9M (revenue +56.2% year-over-year).
- 2018: Revenue of $2.9M, expenses of $584K, and assets of $15.3M (revenue +84.5% year-over-year).
- 2017: Revenue of $1.6M, expenses of $421K, and assets of $14.0M (revenue -24.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $790K, and assets of $11.9M (revenue +130.1% year-over-year).
- 2015: Revenue of $903K, expenses of $472K, and assets of $11.3M (revenue -43.7% year-over-year).
- 2014: Revenue of $1.6M, expenses of $961K, and assets of $11.3M (revenue +8.1% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.3M, and assets of $10.6M (revenue -36.9% year-over-year).
- 2012: Revenue of $2.4M, expenses of $877K, and assets of $10.3M (revenue +79.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $695K, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Samaritan Medical Center Foundation Of Northern New York In:
Data Sources and Methodology
This transparency report for The Samaritan Medical Center Foundation Of Northern New York In 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.