ALBANY RESCUE MISSION

EIN: 581878316 501(c)(3) Housing & Shelter

ALBANY, GA

Total Revenue
$446,601
Total Expenses
$496,336
Total Assets
$310,137
Net Assets
$307,145
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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
LARRY A HAMPLE
Phone
2294388008
Tax Period
2024-01-01 to 2024-12-31

ALBANY RESCUE MISSION is a small nonprofit in the Housing & Shelter sector that reported $447K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $496K exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDE SHELTER FOR TRANSIENTS & HOMELESS

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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 (2024)

Revenue Breakdown

Contributions & Grants $439,901
Program Service Revenue $6,700
Investment Income $0
Other Revenue $0
TOTAL REVENUE $446,601

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,036
Fundraising Expenses $5,970
Program Expenses $378,915
Other Expenses $252,216
TOTAL EXPENSES $496,336

Year-over-Year Comparison

2024 2023 Change
Revenue $446,601 $574,957 -0.2%
Expenses $496,336 $473,910 +0.0%
Net Income $-49,735 $101,047 -1.5%
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
10
Independent Members
10
Employees
1
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
1
$63,950
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY A HAMPLE CEO 40.00
Officer
$63,950 $0 $63,950
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
2024 $446,601 $496,336 $310,137 $-49,735
2023 $574,957 $473,910 $359,872 $101,047
2022 $498,316 $531,059 $262,804 $-32,743
2021 $581,562 $570,849 $295,545 $10,713
2020 $476,291 $526,380 $284,309 $-50,089
2019 $551,230 $523,900 $334,509 $27,330
2018 $604,465 $506,510 $308,526 $97,955
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