ALBANY CAN CODE INC

EIN: 812893882 501(c)(3) Education

LATHAM, NY

Total Revenue
$1,394,511
Total Expenses
$1,315,251
Total Assets
$808,092
Net Assets
$448,072
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NY
Principal Officer
ANNMARIE LANESEY PAYETTE
Phone
5182386808
Tax Period
2024-07-01 to 2025-06-30

ALBANY CAN CODE INC, founded in 2016, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 6% surplus.

Mission

ALBANY CAN CODE, INC. WORKS TO BUILD A MORE INCLUSIVE AND VIBRANT TECH TALENT PIPELINE AND TECH SECTOR WORKFORCE IN NEW YORK'S CAPITAL REGION. WE PARTNER WITH STAKEHOLDER EMPLOYERS, EDUCATORS AND COMMUNITY TO CREATE PROGRAMS THAT REDUCE CULTURAL AND ECONOMIC BARRIERS TO PARTICIPATING IN THE TECH ECONOMY. ULTIMATELY WE WORK TO SHIFT MINDSET ABOUT WHO CAN WORK IN TECHNOLOGY, AND TO CREATE OPEN ACCESS TO PATHWAYS TO JOINING THE TECH ECONOMY. THE ORGANIZATION IS BUILDING CAPACITY FOR THE TECH SECTOR WORKFORCE OF THE FUTURE.

Program Service Accomplishments

Program 1
Expenses: $694,488 Revenue: $117,250

WORKFORCE COURSES: IN PARTNERSHIP WITH COMMUNITY COLLEGES AND BOCES PROGRAMS, WE RECRUIT NON-TRADITIONAL STUDENTS, SCREEN FOR APTITUDE AND MOTIVATION, THEN CONNECT TO AFFORDABLE, PRACTICAL...

Read more

WORKFORCE COURSES: IN PARTNERSHIP WITH COMMUNITY COLLEGES AND BOCES PROGRAMS, WE RECRUIT NON-TRADITIONAL STUDENTS, SCREEN FOR APTITUDE AND MOTIVATION, THEN CONNECT TO AFFORDABLE, PRACTICAL, EMPLOYMENT-ALIGNED CURRICULUM AND AVAILABLE TUITION ASSISTANCE. WE PROVIDE IN-PERSON INSTRUCTION: LECTURES SUPPLEMENTED BY LABS, MANY OF WHICH INVOLVE LOCALLY EMPLOYED MENTORS, AS WELL AS PROJECTS AND NETWORKING EVENTS TO HIGHLIGHT SOFTWARE INDUSTRY CULTURE, PROJECT MANAGEMENT, AND OTHER SOFT SKILLS. WE SERVE TWO KEY STAKEHOLDER GROUPS: LOCAL EMPLOYERS OF SOFTWARE AND IT PROFESSIONALS, AND LOCAL COMMUNITY MEMBERS WHO HAVE THE APTITUDE TO WORK WITH SOFTWARE BUT LACK LOCAL OPTIONS FOR TRAINIIG. WE PARTNER WITH STAKEHOLDERS EMPLOYERS, EDUCATORS AND COMMUNITY TO CREATE PROGRAMS THAT REDUCE CULTURAL AND ECONOMIC BARRIERS TO PARTICIPATING IN THE TECH ECONOMY. ULTIMATELY WE WORK TO SHIFT MINDSET ABOUT WHO CAN WORK IN TECHNOLOGY, AND TO CREATE OPEN ACCESS TO PATHWAYS TO JOINING THE TECH ECONOMY. OUR GOAL IS TO BUILD A MORE INCLUSIVE AND VIBRANT TECH TALENT PIPELINE AND TECH SECTOR WORKFORCE IN NEW YORK STATE AND BEYOND.

Program 2
Expenses: $4,764 Revenue: $39,708

ALBANY CAN CODE, INC.'S WORK IN K12 EQUIPS ADMINISTRATORS AND EMPOWERS TEACHERS TO GIVE STUDENTS POSITIVE, HANDS-ON EXPERIENCES WITH CODING AND COMPUTER SCIENCE. WE PROVIDE ADVISORY SERVICES TO...

Read more

ALBANY CAN CODE, INC.'S WORK IN K12 EQUIPS ADMINISTRATORS AND EMPOWERS TEACHERS TO GIVE STUDENTS POSITIVE, HANDS-ON EXPERIENCES WITH CODING AND COMPUTER SCIENCE. WE PROVIDE ADVISORY SERVICES TO CREATE BOARD, SUPERINTENDENT, BUILDING, AND UNION-LEVEL BUY-IN FOR PRACTICAL, INCLUSIVE PROGRAMS; INCREASE AWARENESS AND UNDERSTANDING ABOUT WORKING IN TECHNOLOGY, ADD INVITE ALL STUDENTS TO CONSIDER PATHWAYS TO CAREERS IN TECHNOLOGY. IN SHORT ALBANY CAN CODE, INC. BRINGS ADVOCACY AND TOOLS SO MORE YOUNG PEOPLE IN OUR REGION ARE ENABLED TO "JUMP THE SCREEN" FROM A PASSIVE USER OF TECHNOLOGY, TO A MAKER OF THE SOFTWARE & TOOLS THAT INTERMEDIATES VIRTUALLY EVERY ASPECT OF OUR ECONOMIC FUNCTIONING.

Program 3
Expenses: $273,228 Revenue: $268,255

COMMUNITY PROGRAMS - OUR VIRTUAL DIGITAL LITERACY COMMUNITY PROGRAM WAS DESIGNED TO CREATE A BRIDGE FOR UNDERSERVED POPULATIONS TO TAKE THEIR FIRST STEPS TOWARDS CAREERS IN TECHNOLOGY. NOW MORE THAN...

Read more

COMMUNITY PROGRAMS - OUR VIRTUAL DIGITAL LITERACY COMMUNITY PROGRAM WAS DESIGNED TO CREATE A BRIDGE FOR UNDERSERVED POPULATIONS TO TAKE THEIR FIRST STEPS TOWARDS CAREERS IN TECHNOLOGY. NOW MORE THAN EVER THIS PROGRAM HAS THE OPPORTUNITY TO CHANGE THE LIVES OF THOSE WHO CAN PARTICIPATE. STUDENTS IN OUR VIRTUAL DIGITAL LITERACY COURSE WILL HAVE A WIDE RANGE OF EXPERIENCES AND COMPETENCIES, RANGING FROM THOSE WHO HAVE USED A COMPUTER FREQUENTLY IN A PROFESSIONAL ENVIRONMENT, TO THOSE WHO HAVE BARELY USED A COMPUTER AND ARE VERY NERVOUS ABOUT DOING SO. THIS CLASS IS INTENDED TO MEET STUDENTS WHEREVER THEY ARE AND HELP THEM MEET THEIR OWN PERSONAL GOALS, WHETHER THAT IS ENTRY INTO OUR WORKFORCE COMPUTER PROGRAMMING COURSES OR OTHER EMPLOYMENT OPPORTUNITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $968,894
Program Service Revenue $425,213
Investment Income $404
Other Revenue $0
TOTAL REVENUE $1,394,511

Expense Breakdown

Grants Paid $0
Salaries & Benefits $900,421
Fundraising Expenses $111,973
Program Expenses $972,480
Other Expenses $414,830
TOTAL EXPENSES $1,315,251

Year-over-Year Comparison

2024 2023 Change
Revenue $1,394,511 $934,642 +0.5%
Expenses $1,315,251 $1,121,965 +0.2%
Net Income $79,260 $-187,323 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
21
Volunteers
55

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
5
$123,554
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNMARIE LANESEY PAYETTE CEO 40.00
Officer
$123,554 $0 $123,554
KYLE BISNETT CHAIRPERSON 2.00
Officer Director
$0 $0 $0
STEVEN FLENNORY VICE CHAIRPE 2.00
Officer Director
$0 $0 $0
COURTNEY VAN PELT TREASURER 2.00
Officer Director
$0 $0 $0
TOM KRAMER SECRETARY 2.00
Officer Director
$0 $0 $0
CHELSEA BELL DIRECTOR 2.00
Director
$0 $0 $0
DAVID SCHULTZ DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER WALDEN DIRECTOR 2.00
Director
$0 $0 $0
LISA MCGRATH DIRECTOR 2.00
Director
$0 $0 $0
MARY MALONE MCCARTHY DIRECTOR 2.00
Director
$0 $0 $0
TAMI COLE DIRECTOR 2.00
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
2025 $1,394,511 $1,315,251 $808,092 $79,260
2024 $934,642 $1,121,965 $606,244 $-187,323
2023 $771,726 $1,224,737 $449,526 $-453,011
2022 $1,075,919 $868,931 $668,009 $206,988
2021 $588,900 $631,928 $279,046 $-43,028
2020 $547,187 $435,840 $285,234 $111,347
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ALBANY CAN CODE INC with other nonprofits in New York and across the country.