Albany Arc Foundation Inc
- Assets
- $2.0m
- Revenue
- $183.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Queensbury, NY
- Founding
- 06/1998
- Data as of
- 12/2021
- EIN
- 14-1767007
Organization Overview
Albany Arc Foundation Inc is located in Queensbury, NY. The organization was established in 1998. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albany Arc Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Albany Arc Foundation Inc generated $183.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $127.2k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLICIT DONATIONS FOR THE BENEFIT OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS A FUNDRAISING ORGANIZATION THAT SOLICITS DONATIONS ON BEHALF OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES IN ALBANY, WARREN AND WASHINGTON COUNTIES, NEW YORK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Ann Mysliborski MD President | OfficerTrustee | 1 | $0 |
Dr Glenn Monastersky Secretary | OfficerTrustee | 1 | $0 |
Daniel Murray Executive Director | Officer | 2 | $0 |
Kendra Moses CFO | Officer | 2 | $0 |
Peter Guidarelli Director | Trustee | 1 | $0 |
Jessica Botelho Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,190 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,259 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,449 |
| Total Program Service Revenue | $0 |
| Investment income | $31,879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $72,518 |
| Net Income from Fundraising Events | $13,120 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,866 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $51,628 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,560 |
| Fees for services: Other | $1,916 |
| Advertising and promotion | $0 |
| Office expenses | $122 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $52 |
| Total functional expenses | $127,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,551 |
| Savings and temporary cash investments | $114,584 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,803,932 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,976,067 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,951 |
| Total liabilities | $50,951 |
| Net assets without donor restrictions | $1,841,434 |
| Net assets with donor restrictions | $83,682 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,976,067 |
Endowment Analysis
| Beg. Balance | $27,000 |
| Ending Balance | $27,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifespire Inc New York, NY | $111,308,535 | $104,118,369 |
Access Supports For Living Inc Middletown, NY | $71,768,349 | $93,183,468 |
Lifetime Assistance Incorporated Rochester, NY | $48,718,996 | $89,182,117 |
Adults And Children With Learning And Developmental Disabilities Inc Bethpage, NY | $86,914,648 | $85,096,870 |
Advance Care Alliance Of Ny Inc New York, NY | $47,978,523 | $95,257,742 |
Nysarc Inc Kingston, NY | $57,449,352 | $82,380,480 |
Dr Gertrude A Barber Center Inc Erie, PA | $51,676,783 | $81,656,066 |
Special People In Northeast Inc Spin Center Philadelphia, PA | $40,173,863 | $79,124,393 |
Nysarc Inc Monticello, NY | $41,640,766 | $75,670,784 |
Step By Step Inc Wilkes Barre, PA | $34,766,610 | $77,394,755 |
Lycoming-Clinton Joinder Board Williamsport, PA | $25,506,489 | $75,903,170 |
Supportive Concepts For Families Inc Reading, PA | $18,791,646 | $75,001,291 |