ALBANY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALBANY CENTER FOR ECONOMIC SUCCESS INC, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $130K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $176K exceeded revenue, resulting in a 36% operating deficit.
ACQUIRE, DEVELOP AND OPERATE A FACILITY WHICH FUNCTIONS AS A SMALL BUSINESS INCUBATOR AND PROVIDE OTHER TRAINING AND TECHNICAL ASSISTANCE FOR MINORITIES, WOMEN AND OTHER DISADVANTAGED SMALL BUSINESS OWNERS IN THE CAPITAL REGION OF NY STATE.
ACQUIRE, DEVELOP AND OPERATE A FACILITY WHICH FUNCTIONS AS A SMALL BUSINESS INCUBATOR AND PROVIDE OTHER TRAINING AND TECHNICAL ASSISTANCE FOR MINORITIES, WOMEN AND OTHER DISADVANTAGEDD SMALL BUSINESS...
ACQUIRE, DEVELOP AND OPERATE A FACILITY WHICH FUNCTIONS AS A SMALL BUSINESS INCUBATOR AND PROVIDE OTHER TRAINING AND TECHNICAL ASSISTANCE FOR MINORITIES, WOMEN AND OTHER DISADVANTAGEDD SMALL BUSINESS OWNERS IN THE CAPITAL REGION OF NY STATE.
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 | $129,941 | $489,917 | -0.7% |
| Expenses | $176,286 | $165,016 | +0.1% |
| Net Income | $-46,345 | $324,901 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| MILLY DEANE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB GREEN | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TINA KELLY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA MACFARLANE | EXECUTIVE DI | 2.00 |
Director
|
$0 | $0 | $0 |
| MARIA MARKOVICS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY MOHL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KASIR RASUL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN STAUGAITIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RENEL TURNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $129,941 | $176,286 | $900,250 | $-46,345 |
| 2023 | $489,917 | $165,016 | $923,127 | $324,901 |
| 2022 | $595,915 | $145,309 | $509,777 | $450,606 |
| 2021 | $123,974 | $121,329 | $494,087 | $2,645 |
| 2020 | $80,873 | $135,327 | $488,437 | $-54,454 |
| 2019 | $114,560 | $147,838 | $539,138 | $-33,278 |
| 2018 | $156,149 | $155,156 | $572,578 | $993 |
Compare ALBANY CENTER FOR ECONOMIC SUCCESS INC with other nonprofits in New York and across the country.