FEED ALBANY INC

EIN: 850659580 501(c)(3)

ALBANY, NY

Total Revenue
$400,406
Total Expenses
$276,545
Total Assets
$220,939
Net Assets
$220,939
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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
NY
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.

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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 (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

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Governance

Voting Members
5
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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
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
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