Albany Tech Foundation Inc
EIN: 581772686 · Albany, GA · NTEE: T20
Is Albany Tech Foundation 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 Tech Foundation Inc
Albany Tech Foundation Inc (EIN: 581772686) is a nonprofit organization based in Albany, GA, classified under NTEE code T20. The organization reported total revenue of $298K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albany Tech Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Albany Tech Foundation 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 Tech Foundation 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.
Frequently Asked Questions about Albany Tech Foundation Inc
Is Albany Tech Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Albany Tech Foundation Inc (EIN: 581772686) insufficient data. 0 red flags identified, 0 strengths noted.
How does Albany Tech Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Albany Tech Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Albany Tech Foundation Inc tax-deductible?
Albany Tech Foundation Inc is registered as a tax-exempt nonprofit (EIN: 581772686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Albany Tech Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2022), Albany Tech Foundation Inc's revenue has grown by 89.2%, moving from $158K to $298K. Total assets increased by 27.5% over the same period, from $2.2M to $2.8M. Total functional expenses fell by 81.3%, from $704K to $132K. In its most recent filing year (2022), Albany Tech Foundation Inc reported a surplus of $166K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $298K | $132K | $2.8M | $0 | — | View 990 |
| 2019 | $179K | $137K | $2.7M | $0 | — | — |
| 2018 | $52K | $115K | $2.7M | $0 | — | View 990 |
| 2017 | $123K | $120K | $2.7M | $0 | — | View 990 |
| 2016 | $111K | $102K | $2.7M | $0 | — | View 990 |
| 2015 | $220K | $119K | $2.6M | $0 | — | View 990 |
| 2014 | $213K | $139K | $2.7M | $126K | — | View 990 |
| 2013 | $343K | $222K | $2.7M | $200K | — | View 990 |
| 2012 | $797K | $159K | $2.7M | $404K | — | View 990 |
| 2011 | $158K | $704K | $2.2M | $536K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $298K, expenses of $132K, and assets of $2.8M (revenue +66.7% year-over-year).
- 2019: Revenue of $179K, expenses of $137K, and assets of $2.7M (revenue +241.9% year-over-year).
- 2018: Revenue of $52K, expenses of $115K, and assets of $2.7M (revenue -57.3% year-over-year).
- 2017: Revenue of $123K, expenses of $120K, and assets of $2.7M (revenue +10.6% year-over-year).
- 2016: Revenue of $111K, expenses of $102K, and assets of $2.7M (revenue -49.7% year-over-year).
- 2015: Revenue of $220K, expenses of $119K, and assets of $2.6M (revenue +3.3% year-over-year).
- 2014: Revenue of $213K, expenses of $139K, and assets of $2.7M (revenue -37.7% year-over-year).
- 2013: Revenue of $343K, expenses of $222K, and assets of $2.7M (revenue -57.0% year-over-year).
- 2012: Revenue of $797K, expenses of $159K, and assets of $2.7M (revenue +405.0% year-over-year).
- 2011: Revenue of $158K, expenses of $704K, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Albany Tech Foundation 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.