Albany, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALBANY LAW SCHOOL, founded in 1851, is a mid-sized nonprofit in the Education sector that reported $46.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $99.8M represent 26 months of operating reserves.
Albany Law School educates and empowers lawyers and leaders through a rigorous and innovative program of study providing students with the knowledge, values, critical thinking skills, and transformational competencies necessary to become ethical and effective professionals in a rapidly changing world. Our students will promote the rule of law, equity, and access to justice in their professional pursuits and advance their careers using a sophisticated understanding of the law to improve society.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $46,019,208 | $42,073,727 | +0.1% |
| Expenses | $48,189,553 | $45,981,303 | +0.0% |
| Net Income | $-2,170,345 | $-3,907,576 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Cinnamon P Carlarne | President and Dean | 35 |
Officer
Key Emp
|
$451,891 | $39,558 | $491,449 |
| Alicia Ouellette | Former President and Dean | 0 |
|
$416,767 | $40,858 | $457,625 |
| Victor E Rauscher | Vice President for Finance and Business | 35 |
Officer
Key Emp
|
$286,575 | $35,778 | $322,353 |
| Jeffrey Schanz | Vice President for Institutional Advancement and Chief of Staff | 35 |
Key Emp
|
$232,647 | $45,055 | $277,702 |
| Raymond Brescia | Faculty | 35 |
Highest
|
$207,579 | $37,293 | $244,872 |
| Keith Hirokawa | Faculty | 35 |
Highest
|
$178,732 | $36,200 | $214,932 |
| Patrick Connors | Faculty | 35 |
Highest
|
$188,950 | $13,862 | $202,812 |
| Jonathan Rosenbloom | Faculty | 35 |
Highest
|
$194,035 | $8,572 | $202,607 |
| Rosemary Queenan | Associate Dean for Academic Affairs | 35 |
Key Emp
|
$184,443 | $14,116 | $198,559 |
| Connie Mayer | Faculty | 35 |
Highest
|
$177,428 | $20,633 | $198,061 |
| Jenean Taranto | Associate Dean for Student Affairs | 35 |
Key Emp
|
$148,797 | $41,543 | $190,340 |
| Dianne R Phillips | Trustee - Vice Chair | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Denise V Gonick | Trustee - Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| J Kevin McCarthy | Trustee - Treasurer | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Jeanine Arden-Ornt | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Keiki-Michael Cabanos | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Robert L Capers | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Emily D Chapman | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Andrea L Colby | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| William J Curry | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Jon A Dorf | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Justice Elizabeth A Garry | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Damien Granderson | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| James E Hacker | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Ashley King | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Laurie S Marsh | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| David E McCraw | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Amy F Melican | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Patricia Murphy | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Sean M Murphy | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Timothy D O'Hara | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Kimberly Petillo-Decossard | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Stephen J Rehfuss | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Christina L Ryba | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| James J Sandman | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| William F Schwitter Jr | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Katherine M Sheehan | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Christine G Stone | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Bruce Stuart | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Kathryn L Tabner | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Debra B Treyz | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Frank P Willey | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Jack Withiam | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Benjamin Wolf | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Dan S Grossman | Trustee - Chair | 2 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $46,019,208 | $48,189,553 | $109,878,931 | $-2,170,345 |
| 2024 | No data | No data | No data | No data |
| 2023 | $38,555,381 | $44,162,845 | $105,565,802 | $-5,607,464 |
| 2022 | $39,157,499 | $40,144,624 | $104,949,102 | $-987,125 |
| 2021 | $40,164,228 | $36,701,002 | $122,483,245 | $3,463,226 |
| 2020 | $34,292,066 | $33,950,120 | $108,102,273 | $341,946 |
| 2019 | $40,831,065 | $32,382,016 | $108,107,333 | $8,449,049 |
| 2018 | $40,481,167 | $28,277,906 | $96,709,760 | $12,203,261 |
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