University Heights Association Inc

University Heights Association Inc. shows consistent revenue growth with minor operating deficits and no reported officer compensation.

EIN: 141781912 · Albany, NY · NTEE: S50Z · Updated: 2026-03-28

$3.3MRevenue

$831KAssets

85/100Mission Score (Excellent)

S50Z

About University Heights Association Inc

University Heights Association Inc (EIN: 141781912) is a nonprofit organization based in Albany, NY, classified under NTEE code S50Z. The organization reported total revenue of $3.3M and total assets of $831K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Heights Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

University Heights Association Inc. demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the most recent filing (202312), the organization reported revenues of $3,175,795 against expenses of $3,221,692, indicating a slight operating deficit for that period. Despite this, the organization maintains a healthy asset base, with assets reported at $1,119,498 in 202312, significantly exceeding its liabilities of $219,780. This suggests a stable financial position capable of covering short-term obligations.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to a higher proportion of funds being directed towards programs. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency, providing a clear historical record of financial operations. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation is a positive indicator for resource allocation.

Overall, University Heights Association Inc. appears to be a financially stable organization with a good track record of transparency through its consistent IRS filings. The slight operating deficits in recent years (e.g., 202312, 202212, 202112) warrant monitoring, but the strong asset-to-liability ratio provides a buffer. The lack of reported officer compensation is a notable strength, suggesting efficient use of funds.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates University Heights 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, University Heights Association 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 consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer categories, which is highly favorable for resource allocation to the mission.

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 University Heights Association Inc's IRS 990 filings:

Minor operating deficits in recent years (e.g., 202312, 202212, 202112) where expenses slightly exceeded revenue.

Strengths

The following positive indicators were identified for University Heights Association Inc:

Consistent revenue growth over the past decade.
Strong asset-to-liability ratio, indicating financial stability.
0% reported officer compensation across all filings, suggesting high efficiency in leadership costs.
Consistent IRS 990 filing history, demonstrating transparency.
Healthy asset base of over $1.1 million in 202312.

Frequently Asked Questions about University Heights Association Inc

Is University Heights Association Inc. financially stable?

Yes, the organization appears financially stable. While it experienced a slight operating deficit in 202312 (expenses of $3,221,692 exceeding revenue of $3,175,795), its assets of $1,119,498 significantly outweigh its liabilities of $219,780, indicating a strong balance sheet.

How does the organization manage executive compensation?

The organization consistently reports 0% officer compensation across all 13 available filings, suggesting a highly efficient approach to leadership compensation, potentially relying on volunteer leadership or alternative compensation structures.

Has the organization's revenue been growing?

Yes, the organization has shown consistent revenue growth over the past decade, increasing from $2,302,199 in 201412 to $3,175,795 in 202312.

Are there any concerns about the organization's liabilities?

No, liabilities appear well-managed. In 202312, liabilities were $219,780, which is significantly lower than its assets of $1,119,498, indicating a healthy financial position.

Filing History

IRS 990 filing history for University Heights Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), University Heights Association Inc's revenue has grown by 21.7%, moving from $2.6M to $3.2M. Total assets increased by 11.6% over the same period, from $1.0M to $1.1M. Total functional expenses rose by 44.5%, from $2.2M to $3.2M. In its most recent filing year (2023), University Heights Association Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $220K in liabilities against $1.1M in assets (debt-to-asset ratio: 19.6%), resulting in net assets of $900K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.2M	$3.2M	$1.1M	$220K	—	—
2022	$2.8M	$3.0M	$1.1M	$181K	—	View 990
2021	$2.6M	$2.7M	$1.2M	$110K	—	View 990
2020	$2.8M	$2.7M	$1.8M	$603K	—	View 990
2019	$2.9M	$2.7M	$1.2M	$143K	—	View 990
2018	$2.8M	$2.6M	$987K	$151K	—	View 990
2017	$2.5M	$2.5M	$767K	$126K	—	View 990
2016	$2.4M	$2.5M	$772K	$129K	—	View 990
2015	$2.2M	$2.4M	$811K	$85K	—	View 990
2014	$2.3M	$2.3M	$942K	$75K	—	View 990
2013	$2.3M	$2.2M	$969K	$120K	—	View 990
2012	$2.1M	$2.3M	$885K	$130K	—	View 990
2011	$2.6M	$2.2M	$1.0M	$60K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.2M, expenses of $3.2M, and assets of $1.1M (revenue +12.4% year-over-year).
2022: Revenue of $2.8M, expenses of $3.0M, and assets of $1.1M (revenue +8.5% year-over-year).
2021: Revenue of $2.6M, expenses of $2.7M, and assets of $1.2M (revenue -6.5% year-over-year).
2020: Revenue of $2.8M, expenses of $2.7M, and assets of $1.8M (revenue -2.7% year-over-year).
2019: Revenue of $2.9M, expenses of $2.7M, and assets of $1.2M (revenue +3.7% year-over-year).
2018: Revenue of $2.8M, expenses of $2.6M, and assets of $987K (revenue +8.5% year-over-year).
2017: Revenue of $2.5M, expenses of $2.5M, and assets of $767K (revenue +6.7% year-over-year).
2016: Revenue of $2.4M, expenses of $2.5M, and assets of $772K (revenue +7.5% year-over-year).
2015: Revenue of $2.2M, expenses of $2.4M, and assets of $811K (revenue -3.5% year-over-year).
2014: Revenue of $2.3M, expenses of $2.3M, and assets of $942K (revenue -0.8% year-over-year).
2013: Revenue of $2.3M, expenses of $2.2M, and assets of $969K (revenue +10.9% year-over-year).
2012: Revenue of $2.1M, expenses of $2.3M, and assets of $885K (revenue -19.8% year-over-year).
2011: Revenue of $2.6M, expenses of $2.2M, and assets of $1.0M.

Data Sources and Methodology

This transparency report for University Heights 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.