ALBANY HOUSING III INC

EIN: 581620743 501(c)(3) Human Services

ALBANY, GA

Total Revenue
$11,664
Total Expenses
N/A
Total Assets
$118,815
Net Assets
$-75,245
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer
DEBBIE FULFORD
Phone
2298886852
Tax Period
2023-07-01 to 2024-06-30

ALBANY HOUSING III INC is a micro nonprofit in the Human Services sector that reported $12K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION RENTS GROUP HOMES TO INDIVIDUALS WITH DISABILITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $264
Program Service Revenue $0
Investment Income $111
Other Revenue $11,289
TOTAL REVENUE $11,664

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $11,664 $8,860 +0.3%
Expenses N/A N/A N/A
Net Income N/A $8,860 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOVYE COCHRAN DIRECTOR N/A
Director
$0 $0 $0
RICK DOHERTY DIRECTOR N/A
Director
$0 $0 $0
DEBBIE FULFORD PRESIDENT N/A
Officer Director
$0 $0 $0
RITA HALL DIRECTOR N/A
Director
$0 $0 $0
SANFORD KNIGHT SECRETARY/TR N/A
Officer Director
$0 $0 $0
DAVID WREN VICE PRESIDE N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $11,664 No data $118,815 No data
2023 $8,860 No data $125,003 No data
2022 $-4,529 No data $123,451 No data
2021 $-1,196 No data $100,208 No data
2020 $23,459 No data $72,669 No data
2019 $3,221 No data $57,707 No data
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