FEED ALBANY INC

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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

2020

Legal Domicile

Principal Officer

MATT PETER

Phone

5188180058

Tax Period

2021-01-01 to 2021-12-31

FEED ALBANY INC, founded in 2020, is a small nonprofit that reported $400K in total revenue in fiscal year 2021. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $124K, a strong 31% operating margin.

Mission

PROVIDE AT-RISK AND IN-NEED RESIDENTS IN ALBANY, SARATOGA, SCHENECTADY AND RENSSELAER COUNTIES OF NEW YORK WITH ACCESS TO PREPARED MEALS.

Program Service Accomplishments

Program 1

Expenses: $191,310

PREPARING PACKAGING MEALS FOR DISTRIBUTION AND DELIVERING PREPARED MEALS AND GROCERIES AND SERVING AS AN INTAKE AND REFERRAL HUB FOR AT-RISK AND IN-NEED INDIVIDUALS.

Program 2

Expenses: $75,629 Revenue: $395,385

CONDUCTING PUBLIC AWARENESS CAMPAIGNS TO MAKE THOSE IN NEED AWARE OF AVAILABLE RESOURCES AND BY CONDUCTING MEAL AND GROCERY PICK-UP.

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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 (2021)

Revenue Breakdown

Contributions & Grants $395,385

Program Service Revenue $0

Investment Income $4,932

Other Revenue $89

TOTAL REVENUE $400,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $266,939

Other Expenses $276,545

TOTAL EXPENSES $276,545

Year-over-Year Comparison

	2021	2020	Change
Revenue	$400,406	$225,502	+0.8%
Expenses	$276,545	$134,867	+1.1%
Net Income	$123,861	$90,635	+0.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOMINICK PURNOMO	TRUSTEE	3.00	Officer Director	$0	$0	$0
DEVON BRUCE	TREASURER	3.00	Director	$0	$0	$0
SONYA DEL PERAL	VP/SECRETARY	3.00	Officer Director	$0	$0	$0
TIFFANY ORNER	TRUSTEE	3.00	Director	$0	$0	$0
MATTHEW PETER	PRESIDENT	3.00	Director	$0	$0	$0
ROBERT WARD	TRUSTEE	3.00	Director	$0	$0	$0
DON APPLYRS	TRUSTEE	3.00	Director	$0	$0	$0
TERRESSA MANNIX	TRUSTEE	3.00	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
2021	$400,406	$276,545	$220,939	$123,861
2020	$225,502	$134,867	$90,635	$90,635