Albany Dougherty Economic Development Commission Inc
EIN: 262878181 · Albany, GA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $725K |
| Total Expenses | $591K |
| Net Assets | $1.1M |
Is Albany Dougherty Economic Development Commission Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Albany Dougherty Economic Development Commission Inc
Albany Dougherty Economic Development Commission Inc (EIN: 262878181) is a nonprofit organization based in Albany, GA, classified under NTEE code S41. The organization reported total revenue of $725K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albany Dougherty Economic Development Commission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albany Dougherty Economic Development Commission Inc is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $725K |
| Total Expenses | $591K |
| Surplus / Deficit | +$134K |
| Total Assets | $1.1M |
| Total Liabilities | $78K |
| Net Assets | $1.1M |
| Operating Margin | 18.5% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 23.0 months |
Financial Health Grade: A
In 2023, Albany Dougherty Economic Development Commission Inc reported a surplus of $134K with revenue exceeding expenses, holds 23.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Albany Dougherty Economic Development Commission Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | +27.2% | +8.3% |
| 2022 | -6.0% | +12.2% | +46.6% |
| 2021 | +0.0% | -45.1% | +10.2% |
| 2020 | +-0.0% | +4.5% | -2.8% |
| 2019 | -0.1% | +9.2% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Albany Dougherty Economic Development Commission Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albany Dougherty Economic Development Commission Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $134K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.9%.
Frequently Asked Questions about Albany Dougherty Economic Development Commission Inc
Is Albany Dougherty Economic Development Commission Inc a legitimate charity?
Albany Dougherty Economic Development Commission Inc (EIN: 262878181) is a registered tax-exempt nonprofit based in Georgia. It has 12 years of IRS 990 filings on record. Total revenue: $725K. No red flags identified. Financial health grade: A.
How does Albany Dougherty Economic Development Commission Inc spend its money?
Albany Dougherty Economic Development Commission Inc reported $725K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Albany Dougherty Economic Development Commission Inc tax-deductible?
Albany Dougherty Economic Development Commission Inc is registered as a tax-exempt nonprofit (EIN: 262878181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Albany Dougherty Economic Development Commission Inc located?
Albany Dougherty Economic Development Commission Inc is headquartered in Albany, Georgia and files with the IRS under EIN 262878181. It is classified under NTEE code S41.
How many years of IRS 990 filings does Albany Dougherty Economic Development Commission Inc have?
Albany Dougherty Economic Development Commission Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $725K in total revenue.
Filing History
IRS 990 filing history for Albany Dougherty Economic Development Commission Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Albany Dougherty Economic Development Commission Inc's revenue has declined by 5.9%, moving from $771K to $725K. Total assets increased by 96.7% over the same period, from $575K to $1.1M. Total functional expenses fell by 4.7%, from $620K to $591K. In its most recent filing year (2023), Albany Dougherty Economic Development Commission Inc reported a surplus of $134K, with revenue exceeding expenses. The organization holds $78K in liabilities against $1.1M in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $725K | $591K | $1.1M | $78K | — | View 990 |
| 2022 | $706K | $465K | $1.0M | $121K | — | View 990 |
| 2021 | $751K | $414K | $712K | $32K | — | View 990 |
| 2020 | $751K | $755K | $646K | $8K | — | View 990 |
| 2019 | $751K | $722K | $665K | $27K | — | View 990 |
| 2018 | $751K | $661K | $643K | $34K | — | View 990 |
| 2017 | $757K | $664K | $559K | $40K | — | View 990 |
| 2016 | $811K | $677K | $443K | $16K | — | View 990 |
| 2015 | $762K | $923K | $306K | $15K | — | View 990 |
| 2014 | $750K | $874K | $466K | $14K | — | View 990 |
| 2013 | $706K | $668K | $609K | $30K | — | View 990 |
| 2012 | $771K | $620K | $575K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $725K, expenses of $591K, and assets of $1.1M (revenue +2.8% year-over-year).
- 2022: Revenue of $706K, expenses of $465K, and assets of $1.0M (revenue -6.0% year-over-year).
- 2021: Revenue of $751K, expenses of $414K, and assets of $712K (revenue +0.0% year-over-year).
- 2020: Revenue of $751K, expenses of $755K, and assets of $646K (revenue +-0.0% year-over-year).
- 2019: Revenue of $751K, expenses of $722K, and assets of $665K (revenue -0.1% year-over-year).
- 2018: Revenue of $751K, expenses of $661K, and assets of $643K (revenue -0.8% year-over-year).
- 2017: Revenue of $757K, expenses of $664K, and assets of $559K (revenue -6.6% year-over-year).
- 2016: Revenue of $811K, expenses of $677K, and assets of $443K (revenue +6.5% year-over-year).
- 2015: Revenue of $762K, expenses of $923K, and assets of $306K (revenue +1.6% year-over-year).
- 2014: Revenue of $750K, expenses of $874K, and assets of $466K (revenue +6.2% year-over-year).
- 2013: Revenue of $706K, expenses of $668K, and assets of $609K (revenue -8.5% year-over-year).
- 2012: Revenue of $771K, expenses of $620K, and assets of $575K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albany Dougherty Economic Development Commission Inc:
Data Sources and Methodology
This transparency report for Albany Dougherty Economic Development Commission Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.