Overview

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Est.

1813

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Albany Academies Inc, with EIN 14-1338579, is a nonprofit organization focused on elementary and secondary education, operating a comprehensive range of early childhood, primary, and secondary educational programs for both boys and girls. With an operating budget of $19.6 million and total revenue of $21.1 million for the filing year 2024, the organization does not rely on a single funder for 50% or more of its revenue. More information about their programs and initiatives can be found on their website at www.albanyacademies.org.

Mission Statement

1. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD CO-EDUCATION PROGRAM FORCHILDREN THREE AND FOUR YEARS OF AGE.2. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD EDUCATION PROGRAM FORGIRLS FOUR AND FIVE YEARS OF AGE, A KINDERGARTEN FOR FIVE-YEAR OLDGIRLS, A GRADE ONE THROUGH FOUR PRIMARY SCHOOL FOR GIRLS AND A GRADEFIVE THROUGH 8 MIDDLE SCHOOL FOR GIRLS AND, WHEN DEEMED FITTING,CO-EDUCATIONAL COURSES AND PROGRAMS.3. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD EDUCATION PROGRAM FORBOYS FOUR AND FIVE YEARS OF AGE, A KINDERGARTEN FOR FIVE-YEAR OLD BOYS,A GRADE ONE THROUGH FOUR PRIMARY SCHOOL FOR BOYS AND A GRADE FIVETHROUGH 8 MIDDLE SCHOOL FOR BOYS AND, WHEN DEEMED FITTING,CO-EDUCATIONAL COURSES AND PROGRAMS.4. TO OPERATE AND MAINTAIN A GRADE NINE THROUGH TWELVE SECONDARY SCHOOLWITH BOTH SINGLE-GENDER AND CO-EDUCATIONAL PROGRAMS.
Revenues
$21.1M
Expenses
$23.2M
Net Income:
-$2.1M
Assets
$56M
Liabilities
$9.6M
Net Assets:
+$46.3M
Operating Budget
$19.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
14
Median grant size
$10.7K
Largest grant received
$333.3K
V
Vivian Benton
Board Member
F
Fran'cee Brown-McClure
Board Member
E
Eileen Tucker Spiro
Board Member

Frequently Asked Questions

What is THE ALBANY ACADEMIES INC’s budget?
In 2024, THE ALBANY ACADEMIES INC reported an annual operating budget of around $19.6 million. More detailed financial information is available to registered users.
What causes does THE ALBANY ACADEMIES INC support?
THE ALBANY ACADEMIES INC supports work in Elementary and secondary education.
Where does THE ALBANY ACADEMIES INC operate?
THE ALBANY ACADEMIES INC is headquartered in ALBANY, NY.
Who funded THE ALBANY ACADEMIES INC recently?
In 2025, THE ALBANY ACADEMIES INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, PINELLAS COMMUNITY FOUNDATION, and CARL E TOUHEY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE ALBANY ACADEMIES INC received in 2024?
The largest grant to THE ALBANY ACADEMIES INC in 2024 exceeds $333 thousand.