JEmploymentEIN: 141802469· Ruling Year: 1999

New York State Correctional

Albany, New York

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.17×
Peer Median4.74×
💰
$16.2M
Total Revenue
📊
$16.2M
Total Expenses
🏦
$18.9M
Net Assets
📋
$8.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.4%
Year-over-year change (2022 → 2023)
Net Margin
+0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.17
Net assets divided by total expenses
Liabilities-to-Assets
29.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,245,4366%$16,159,8676%$26,908,90610%
2022$17,361,5325%$17,192,0206%$24,390,4798%
2021$18,262,1374%$16,220,836$26,423,97514%
2020$19,041,83011%$16,155,9671%$23,258,81223%
2019$21,470,00839%$16,032,7505%$18,884,14443%
2018$15,404,0092%$16,899,3693%$13,216,3242%
2017$15,101,808$16,465,7082%$13,467,3638%
2016$15,031,8063%$16,796,8391%$14,703,71911%
2015$14,523,7984%$17,006,58521%$16,580,2669%
2014$13,902,933$14,075,8246%$18,260,7263%
2013$13,851,83023%$13,293,8361%$18,782,8776%
2012$17,921,96154%$13,466,54912%$17,763,82039%
2011$11,645,745$12,010,308$12,810,419

Frequently Asked Questions

What does New York State Correctional do?

New York State Correctional is a employment nonprofit organization based in New York. It is classified under NTEE code J40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New York State Correctional financially healthy?

Based on our 9-metric Financial Health Score model, New York State Correctional has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does New York State Correctional generate?

New York State Correctional reports $17.1M in annual revenue and holds $33.0M in total assets, based on IRS filings.

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