ACT Albany Community Together Inc (EIN 582497789) - Form 990 Financial Analysis & Trantor Score

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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

Formation Year

2000

Legal Domicile

Principal Officer

Thelma Johnson

Phone

2294204600

Tax Period

2023-01-01 to 2023-12-31

ACT Albany Community Together Inc, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $447K, a strong 23% operating margin.

Mission

Economic Development Loans

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,687,465

Program Service Revenue $260,338

Investment Income $0

Other Revenue $4,217

TOTAL REVENUE $1,952,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $478,797

Fundraising Expenses $0

Program Expenses $1,352,910

Other Expenses $1,026,293

TOTAL EXPENSES $1,505,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,952,020	$2,115,720	-0.1%
Expenses	$1,505,090	$1,032,465	+0.5%
Net Income	$446,930	$1,083,255	-0.6%

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

Governance

Voting Members

Independent Members

Employees

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

$176,574

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Scott Tomlinson	Board Chairman	0.00	Director	$0	$0	$0
Trent Williams	Board Member	0.00	Director	$0	$0	$0
Valerie Brown-Williams	Board Member	0.00	Director	$0	$0	$0
Easter Hardy	Board Member	0.00	Director	$0	$0	$0
Jennifer Wilson	Board Member	0.00	Director	$0	$0	$0
Thelma Johnson	President/CEO	40.00	Officer	$115,001	$0	$115,001
Todd Fowler	VP Accounting	20.00	Officer	$31,800	$0	$31,800
Johnny Hamilton	VP Business Lending	20.00	Officer	$29,773	$0	$29,773
Jeretha Peters	Board Member	0.00	Director	$0	$0	$0
Fonda Thompson	Board Member	0.00	Director	$0	$0	$0
Cornell Kimbrough	Board Member	0.00	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
2024	No data	No data	No data	No data
2023	$1,952,020	$1,505,090	$9,444,913	$446,930
2022	$2,115,720	$1,032,465	$9,272,995	$1,083,255
2021	$1,211,635	$595,224	$7,876,461	$616,411
2020	$2,719,077	$400,019	$6,367,040	$2,319,058

ACT Albany Community Together Inc