Trinity Health Anesthesia Group Of New York P C
Trinity Health Anesthesia Group of NY P C shows highly volatile finances with frequent significant losses and high liabilities.
EIN: 161516863 · Albany, NY · NTEE: E32Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $13.7M |
| Program Spending | 70% |
| Net Assets | $-7,555,702 |
| Transparency Score | 45/100 |
Is Trinity Health Anesthesia Group Of New York P C Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Health Anesthesia Group Of New York P C directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Trinity Health Anesthesia Group Of New York P C
Trinity Health Anesthesia Group Of New York P C (EIN: 161516863) is a nonprofit organization based in Albany, NY, classified under NTEE code E32Z. The organization reported total revenue of $4.6M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Health Anesthesia Group Of New York P C's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Health Anesthesia Group Of New York P C is a mid-size nonprofit that has been operating for 29 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 | $4.4M |
| Total Expenses | $13.7M |
| Surplus / Deficit | $-9,278,369 |
| Total Assets | $1.5M |
| Total Liabilities | $9.1M |
| Net Assets | $-7,555,702 |
| Operating Margin | -211.8% |
| Debt-to-Asset Ratio | 601.6% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2023, Trinity Health Anesthesia Group Of New York P C reported a deficit of $9.3M with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 601.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trinity Health Anesthesia Group Of New York P C's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1220.3% | +229892.5% | +1352.7% |
| 2022 | +155.9% | -98.5% | -0.9% |
| 2021 | -51.9% | +943.1% | -44.9% |
| 2020 | -98.1% | -99.8% | -55.9% |
| 2019 | -58.5% | -51.8% | -80.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Trinity Health Anesthesia Group Of New York P C with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Trinity Health Anesthesia Group Of New York P C allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 601.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization with revenues reaching tens of millions. This suggests either a fully volunteer leadership or that compensation is categorized differently, which could obscure a complete picture of operational costs.
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 Trinity Health Anesthesia Group Of New York P C's IRS 990 filings:
- Consistent significant operating losses (e.g., $9,278,369 loss in 2023)
- High liabilities relative to assets ($9,062,144 liabilities vs. $1,506,442 assets in 2023)
- Extreme volatility in annual revenue and expenses over time
- Lack of detailed breakdown for program vs. administrative spending in available data
- Unusual 0% officer compensation reported across all filings
Strengths
The following positive indicators were identified for Trinity Health Anesthesia Group Of New York P C:
- No reported officer compensation, potentially indicating volunteer leadership or efficient use of funds in that area.
Frequently Asked Questions about Trinity Health Anesthesia Group Of New York P C
Is Trinity Health Anesthesia Group Of New York P C a legitimate charity?
Trinity Health Anesthesia Group Of New York P C (EIN: 161516863) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.6M. 5 red flags identified. 1 strength noted. Financial health grade: D.
How does Trinity Health Anesthesia Group Of New York P C spend its money?
Trinity Health Anesthesia Group Of New York P C directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Trinity Health Anesthesia Group Of New York P C tax-deductible?
Trinity Health Anesthesia Group Of New York P C is registered as a tax-exempt nonprofit (EIN: 161516863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity Health Anesthesia Group Of New York P C's spending goes to programs?
Trinity Health Anesthesia Group Of New York P C directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Trinity Health Anesthesia Group Of New York P C compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Trinity Health Anesthesia Group Of New York P C is near average for NTEE category E32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trinity Health Anesthesia Group Of New York P C located?
Trinity Health Anesthesia Group Of New York P C is headquartered in Albany, New York and files with the IRS under EIN 161516863. It is classified under NTEE code E32Z.
How many years of IRS 990 filings does Trinity Health Anesthesia Group Of New York P C have?
Trinity Health Anesthesia Group Of New York P C 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 $4.6M in total revenue.
Why are expenses consistently higher than revenue in many periods?
The filings show a recurring pattern of expenses exceeding revenue, for example, in 2023, expenses were $13,659,252 against revenues of $4,380,883. This leads to significant operating losses and raises questions about financial sustainability.
What is the reason for the extreme volatility in annual revenue?
Revenue has fluctuated dramatically, from $331,805 in 2022 to $33,969,280 in 2018. This level of inconsistency makes long-term financial planning and stability challenging.
How does the organization manage its high liabilities relative to assets?
In 2023, liabilities were $9,062,144 compared to assets of $1,506,442, indicating a highly leveraged position. This raises concerns about the organization's ability to meet its financial obligations.
Where is executive compensation reported if it's consistently 0%?
The consistent reporting of 0% officer compensation across all filings is unusual. It suggests that compensation might be included in other expense categories or that leadership is entirely volunteer, which warrants further clarification for transparency.
Filing History
IRS 990 filing history for Trinity Health Anesthesia Group Of New York P C showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Health Anesthesia Group Of New York P C's revenue has declined by 28.7%, moving from $6.1M to $4.4M. Total assets decreased by 5.8% over the same period, from $1.6M to $1.5M. Total functional expenses rose by 15.4%, from $11.8M to $13.7M. In its most recent filing year (2023), Trinity Health Anesthesia Group Of New York P C reported a deficit of $9.3M, with expenses exceeding revenue. The organization holds $9.1M in liabilities against $1.5M in assets (debt-to-asset ratio: 601.6%), resulting in net assets of $-7,555,702.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $13.7M | $1.5M | $9.1M | — | — |
| 2022 | $332K | $6K | $104K | $68K | — | View 990 |
| 2021 | $130K | $393K | $105K | $282K | — | View 990 |
| 2020 | $270K | $38K | $190K | $120K | — | View 990 |
| 2019 | $14.1M | $16.0M | $430K | $143K | — | View 990 |
| 2018 | $34.0M | $33.1M | $2.2M | $42K | — | View 990 |
| 2017 | $31.5M | $32.0M | $2.1M | $490K | — | View 990 |
| 2016 | $6.5M | $17.7M | $2.3M | $320K | — | View 990 |
| 2015 | $13.9M | $33.7M | $2.9M | $1.9M | — | View 990 |
| 2014 | $13.6M | $27.5M | $3.5M | $919K | — | View 990 |
| 2013 | $12.8M | $21.3M | $1.7M | $1.5M | — | View 990 |
| 2012 | $7.8M | $15.3M | $1.9M | $52.8M | — | View 990 |
| 2011 | $6.1M | $11.8M | $1.6M | $44.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $13.7M, and assets of $1.5M (revenue +1220.3% year-over-year).
- 2022: Revenue of $332K, expenses of $6K, and assets of $104K (revenue +155.9% year-over-year).
- 2021: Revenue of $130K, expenses of $393K, and assets of $105K (revenue -51.9% year-over-year).
- 2020: Revenue of $270K, expenses of $38K, and assets of $190K (revenue -98.1% year-over-year).
- 2019: Revenue of $14.1M, expenses of $16.0M, and assets of $430K (revenue -58.5% year-over-year).
- 2018: Revenue of $34.0M, expenses of $33.1M, and assets of $2.2M (revenue +7.7% year-over-year).
- 2017: Revenue of $31.5M, expenses of $32.0M, and assets of $2.1M (revenue +384.3% year-over-year).
- 2016: Revenue of $6.5M, expenses of $17.7M, and assets of $2.3M (revenue -53.2% year-over-year).
- 2015: Revenue of $13.9M, expenses of $33.7M, and assets of $2.9M (revenue +2.3% year-over-year).
- 2014: Revenue of $13.6M, expenses of $27.5M, and assets of $3.5M (revenue +6.4% year-over-year).
- 2013: Revenue of $12.8M, expenses of $21.3M, and assets of $1.7M (revenue +63.8% year-over-year).
- 2012: Revenue of $7.8M, expenses of $15.3M, and assets of $1.9M (revenue +27.1% year-over-year).
- 2011: Revenue of $6.1M, expenses of $11.8M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Health Anesthesia Group Of New York P C:
Data Sources and Methodology
This transparency report for Trinity Health Anesthesia Group Of New York P C 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.