Albany, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Albany State University Foundation Inc, founded in 1969, is a community nonprofit in the Public & Societal Benefit sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $896K, a strong 23% operating margin.
To provide financial aid to students and financial support of Albany State University, its faculty, staff, research, and advancement of higher education.
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 | $3,933,675 | $1,997,259 | +1.0% |
| Expenses | $3,037,524 | $907,416 | +2.3% |
| Net Income | $896,151 | $1,089,843 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| Bruce Melton | Secretary | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Gregory Hylick | Chairman | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Rachelle Scott | Vice Chairman | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| TaKeshia Thomas | Treasurer | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Daniel Simmons | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Graham Edwards | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Lawrence Drake III | Interim President of ASU | 1.0 |
Director
|
$0 | $26,670 | $190,903 |
| Maria Boynton | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Marion Federick | President of ASU, outgoing | 1.0 |
Director
|
$0 | $53,448 | $235,516 |
| Mark Johnson | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Marvin Laster | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Robert Scott | President of ASU, incoming | 1.0 |
Director
|
$0 | $0 | $0 |
| Vinson Davis | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Virgil Adams | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Virginia Harris | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Valerie Melton | Executive Director | 1.0 |
Officer
|
$0 | $35,300 | $203,800 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,933,675 | $3,037,524 | $11,561,234 | $896,151 |
| 2024 | No data | No data | No data | No data |
| 2023 | $1,600,152 | $1,304,892 | $8,733,142 | $295,260 |
| 2022 | $1,919,573 | $746,519 | $8,434,724 | $1,173,054 |
| 2021 | $1,543,862 | $2,231,107 | $7,770,602 | $-687,245 |
| 2020 | $3,219,695 | $2,960,390 | $46,424,761 | $259,305 |
| 2019 | $5,438,135 | $6,496,194 | $47,282,655 | $-1,058,059 |
| 2018 | $4,847,460 | $5,449,026 | $80,276,725 | $-601,566 |
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