Business Incubator Association of New York State Inc

Nonprofit profile at a glance

EIN
204440469
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2021, Form 990-EZ 2024, Form 990-N 2020
Location
Albany, NY, USA
Phone
5182070427
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$134,281
Expenses
$128,337
Assets
$13,189
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • MARC ALESSI (EXECUTIVE DIRECTOR)

People named in this filing

  • SETH MULLIGAN (DIRECTOR)
  • EBONY MILLER-WESLEY (DIRECTOR)
  • JAMEY HOOSE (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To bring together a community of engaged program leaders of incubators, accelerators, and co-working spaces spanning all corners of New York state.

What it reported doing in 2024

Network business incubators, incubated companies, and others interested in the innovation economy of New York state: virtual annual meeting panels: advocating for startups: we heard from some of the top lobbyists and professionals that advocate for the top tech and innovation companies in the us on best practices for advocacy for startups and the innovation economy.the handbook on business and technology incubation/acceleration: we hosted a q and a between our former executive director david hochman, and dr. Sarfraz mian from suny oswego who literally wrote the book on technology incubation and acceleration.regional hotspot roundup: the leaders of each of the 10 regional innovation hotspots gave us an update on the leading trends and successes in their respective regions of nys.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.7%; rating input score 1
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.4%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 11.7%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -9% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -60.4% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 0.7% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.