Albia, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Albia Community Betterment Corporation, founded in 1977, is a micro nonprofit in the Community Improvement sector that reported $5K in total revenue in fiscal year 2025. Revenue surged 572% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2K, a strong 45% operating margin.
Our purpose is to promote residential home development in the City of Albia. We have purchased land and subdivided it into residential lots for sale. Occasionally, we have promoted spec home construction by offering a buyback program for contractors. This provides a safety net to the contractor that allows them to recoup their costs in a project after a one year time frame. Over the years, we have donated limited funds to community projects. 100% of our time and funds are spent on these types of activities.
Our purpose is to promote residential home development in the City of Albia. We have purchased land and subdivided it into residential lots for sale. Currently, we have a tract of ground identified...
Our purpose is to promote residential home development in the City of Albia. We have purchased land and subdivided it into residential lots for sale. Currently, we have a tract of ground identified as Country View Subdivision. This has two phases completed with room to develop two more phases. We currently have 10 lots to sell in Country View between Plat I and II. Additionally, we have a contractor buy back program. If a contractor is unable to sell a spec home within 12 months it is purchased from them. The price that is paid for the home is negotiated before the contractor buys the lot. The price is based on the contractor's costs with no profit being paid.
Occasionally other community projects are supported by providing loans. No loans were made during 2025.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $4,921 | $732 | +5.7% |
| Expenses | $2,685 | $4,409 | -0.4% |
| Net Income | $2,236 | $-3,677 | -1.6% |
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 |
|---|---|---|---|---|---|---|
| Kevin Kness | President | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| Daniel D Stocker | Secretary/Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steve Rockwell | Director | 0.10 |
Director
|
$0 | $0 | $0 |
| Craig Ambrose | Director | 0.10 |
Director
|
$0 | $0 | $0 |
| Peter Greiner | Director | 0.10 |
Director
|
$0 | $0 | $0 |
| Mike Lawrence | Director | 0.10 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,921 | $2,685 | $1,147,319 | $2,236 |
| 2024 | $732 | $4,409 | $1,145,083 | $-3,677 |
| 2023 | $-7,577 | $1,446 | $1,148,760 | $-9,023 |
| 2022 | $-15,891 | $1,761 | $1,157,783 | $-17,652 |
| 2021 | $-4,021 | $1,901 | $1,175,435 | $-5,922 |
| 2020 | $5,831 | $6,119 | $1,181,357 | $-288 |
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