ALBANY COMMUNITY TRUST INC

🔒

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

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

KRISTEN FOUNTAIN

Phone

8025869902

Tax Period

2022-01-01 to 2022-12-31

ALBANY COMMUNITY TRUST INC, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $27K in total revenue in fiscal year 2022. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 61% operating deficit.

Mission

DEDICATED TO SUPPORTING POSITIVE GROWTH AND INCREASED VIBRANCY IN THE TOWN OF ALBANY, VT.

Program Service Accomplishments

Program 1

Expenses: $17,064 Revenue: $8,400

STORE RENOVATION PROJECT. ALBANY GENERAL STORE RENOVATION WAS COMPLETED IN 2021. THE PURPOSE OF THIS PROGRAM IS NOW FOCUSED ON MAINTAINING THE PROPERTY AND UPGRADING AS NECESSARY.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $18,557

Program Service Revenue $8,400

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,957

Expense Breakdown

Grants Paid $4,820

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,885

Other Expenses $38,531

TOTAL EXPENSES $43,351

Year-over-Year Comparison

	2022	2021	Change
Revenue	$26,957	$320,690	-0.9%
Expenses	$43,351	$61,410	-0.3%
Net Income	$-16,394	$259,280	-1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANNAH PEARCE	PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTIN URIE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTEN FOUNTAIN	TREASURER	1.00	Officer Director	$0	$0	$0
SONYA KITTREDGE	SECRETARY	1.00	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
2022	$26,957	$43,351	$856,748	$-16,394
2021	$320,690	$61,410	$877,711	$259,280
2020	$438,547	$40,466	$762,516	$398,081