Warren Hamilton Counties Action Committee For Economic Opportunity
Warren Hamilton Counties Action Committee For Economic Opportunity maintains stable finances with no reported executive compensation.
EIN: 141493746 · Glens Falls, NY · NTEE: S210 · Updated: 2026-03-28
Is Warren Hamilton Counties Action Committee For Economic Opportunity Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Warren Hamilton Counties Action Committee For Economic Opportunity directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Warren Hamilton Counties Action Committee For Economic Opportunity
Warren Hamilton Counties Action Committee For Economic Opportunity (EIN: 141493746) is a nonprofit organization based in Glens Falls, NY, classified under NTEE code S210. The organization reported total revenue of $2.9M and total assets of $988K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warren Hamilton Counties Action Committee For Economic Opportunity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warren Hamilton Counties Action Committee For Economic Opportunity is a mid-size nonprofit that has been operating for 59 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-20,167 |
| Total Assets | $988K |
| Total Liabilities | $325K |
| Net Assets | $663K |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 32.9% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, Warren Hamilton Counties Action Committee For Economic Opportunity reported a deficit of $20K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 32.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Warren Hamilton Counties Action Committee For Economic Opportunity's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.0% | -7.7% | +21.6% |
| 2022 | +9.0% | +11.5% | -1.4% |
| 2021 | +87.8% | +83.8% | +6.5% |
| 2020 | -2.8% | -6.1% | +15.2% |
| 2019 | -5.1% | -3.2% | +40.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Warren Hamilton Counties Action Committee For Economic Opportunity with a Mission Score of 95 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, Warren Hamilton Counties Action Committee For Economic Opportunity 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, directors, or trustees. This is highly unusual for an organization of this size (latest revenue $2,904,278) and suggests a strong commitment to directing funds towards programs and operational needs.
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 Warren Hamilton Counties Action Committee For Economic Opportunity's IRS 990 filings:
- Occasional minor deficits where expenses exceed revenue (e.g., 202311: expenses $2,610,182 vs. revenue $2,590,015)
Strengths
The following positive indicators were identified for Warren Hamilton Counties Action Committee For Economic Opportunity:
- Consistent 0% officer compensation across all filings, indicating high efficiency in resource allocation.
- Steady growth in assets from $406,917 in 2014 to $987,547 currently.
- Consistent IRS 990 filing history, demonstrating transparency.
- Revenue growth from approximately $1.4 million in 2019 to nearly $2.9 million currently, indicating increased capacity.
- Strong program focus implied by NTEE code S210 and lack of executive compensation.
Frequently Asked Questions about Warren Hamilton Counties Action Committee For Economic Opportunity
Is Warren Hamilton Counties Action Committee For Economic Opportunity a legitimate charity?
Based on AI analysis of IRS 990 filings, Warren Hamilton Counties Action Committee For Economic Opportunity (EIN: 141493746) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Warren Hamilton Counties Action Committee For Economic Opportunity spend its money?
Warren Hamilton Counties Action Committee For Economic Opportunity directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Warren Hamilton Counties Action Committee For Economic Opportunity tax-deductible?
Warren Hamilton Counties Action Committee For Economic Opportunity is registered as a tax-exempt nonprofit (EIN: 141493746). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Warren Hamilton Counties Action Committee For Economic Opportunity a good charity?
Based on the available data, the organization appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to program spending. Its assets have grown steadily, and it maintains a consistent filing history with the IRS.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $406,917 in 2014 to $987,547 currently. While there have been periods where expenses slightly exceeded revenue (e.g., 202311, 201911), overall revenue has also seen significant growth from around $1.4 million in 2019 to nearly $2.9 million currently.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it means that no funds were allocated to salaries for the organization's top leadership. This suggests that a very high proportion of the organization's revenue is available for program services, administrative costs, and fundraising, rather than executive pay.
Filing History
IRS 990 filing history for Warren Hamilton Counties Action Committee For Economic Opportunity showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Warren Hamilton Counties Action Committee For Economic Opportunity's revenue has grown by 31.4%, moving from $2.0M to $2.6M. Total assets increased by 10.4% over the same period, from $895K to $988K. Total functional expenses rose by 37.2%, from $1.9M to $2.6M. In its most recent filing year (2023), Warren Hamilton Counties Action Committee For Economic Opportunity reported a deficit of $20K, with expenses exceeding revenue. The organization holds $325K in liabilities against $988K in assets (debt-to-asset ratio: 32.9%), resulting in net assets of $663K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $988K | $325K | — | View 990 |
| 2022 | $2.8M | $2.8M | $812K | $129K | — | View 990 |
| 2021 | $2.6M | $2.5M | $823K | $158K | — | View 990 |
| 2020 | $1.4M | $1.4M | $773K | $193K | — | View 990 |
| 2019 | $1.4M | $1.5M | $671K | $101K | — | View 990 |
| 2018 | $1.5M | $1.5M | $479K | $88K | — | View 990 |
| 2017 | $1.6M | $1.6M | $508K | $105K | — | View 990 |
| 2016 | $1.4M | $1.4M | $461K | $59K | — | View 990 |
| 2014 | $1.2M | $1.4M | $407K | $39K | — | View 990 |
| 2013 | $3.1M | $3.1M | $724K | $224K | — | View 990 |
| 2012 | $3.1M | $3.1M | $683K | $188K | — | View 990 |
| 2011 | $2.0M | $1.9M | $895K | $409K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $988K (revenue -9.0% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.8M, and assets of $812K (revenue +9.0% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.5M, and assets of $823K (revenue +87.8% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $773K (revenue -2.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $671K (revenue -5.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $479K (revenue -7.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $508K (revenue +15.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $461K (revenue +13.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.4M, and assets of $407K (revenue -59.7% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.1M, and assets of $724K (revenue -0.2% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.1M, and assets of $683K (revenue +56.7% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $895K.
Data Sources and Methodology
This transparency report for Warren Hamilton Counties Action Committee For Economic Opportunity 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.