Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.21x
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
42nd percentile
Higher top officer pay than 42% of similar nonprofits.
Top officer pay equals 5.4% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$668,009
Up $388,963 (+139%) from 2021
Net Assets
Up$526,993
Up $299,123 (+131%) from 2021
Liabilities
Up$141,016
Up $89,840 (+176%) from 2021
Revenue And Expenses
Revenue
Up$1,075,919
Up $487,019 (+83%) from 2021
Expenses
Up$868,931
Up $237,003 (+38%) from 2021
Net Income
Up$206,988
Up $250,016 (+581%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- May 10, 2023
- Return Version
- 2021v4.0
- Gross Receipts
- $1,075,919
Mission and Program Overview
Mission
Albanycancode works to build a more inclusive and vibrant tech talent pipeline and tech sector workforce in new york's capital region. We partner with stakeholders employers, educators and community to create programs that reduce cultural and economic barriers to participating in the tech economy. Ultimately we work to shift mindset about who can work in technology, and to create open access to pathways to joining the tech economy.
Albany can code, inc. Works to build a more inclusive and vibrant tech talent pipeline and tech sector workforce in new york's capital region. We partner with stakeholder employers, educators and community to create programs that reduce cultural and economic barriers to participating in the tech economy. Ultimately we work to shift mindset about who can work in technology, and to create open access to pathways to joining the tech economy. The organization is building capacity for the tech sector workforce of the future.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $215,737 | $485,184 | ▲ $269,447 |
| Accounts Receivable | $63,309 | $182,825 | ▲ $119,516 |
| Total Assets | $279,046 | $668,009 | ▲ $388,963 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | - | $75,000 | - |
| Accounts Payable and Accrued Expenses | $36,549 | $58,016 | ▲ $21,467 |
| Deferred Revenue | $14,627 | $8,000 | ▼ $6,627 |
| Total Liabilities | $51,176 | $141,016 | ▲ $89,840 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $151,543 | $422,732 | ▲ $271,189 |
| Net Assets With Donor Restrictions | $76,327 | $104,261 | ▲ $27,934 |
| Total Net Assets Fund Balance | $227,870 | $526,993 | ▲ $299,123 |
| Total Liabilities and Net Assets / Fund Balance | $279,046 | $668,009 | ▲ $388,963 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Annmarie Lanesey Payette | CEO | PT | $57,997 | $57,997 |
Board Members and Trustees
| Name | Title |
|---|---|
| Miriam Dushane | Chairperson |
| Kyle Bisnett | Vice Chairpe |
| Eric Tucker | Director |
| Kathy Lanni | Director |
| Lisa Harris | Director |
| Matthew Wagoner | Director |
| Melinda Mack | Director |
| Stephen Janack | Director |
| Steven Flennory | Director |
| Stewart Meyers | Director |
| Tom Kramer | Director |
| Walter Thorne | Director |
| John Haller | Secretary |
| David Wojeski | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $678,132
- Program Service Revenue
- $397,729
- Investment Income
- $58
- Other Revenue
- $0
- All Other Contributions
- $461,462
- Change in Net Assets
- $206,988
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $441,611 |
| Salaries, Compensation, and Employee Benefits | $427,320 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $263,455 | $45,219 | - | $308,674 |
| Fees for Services Other | $61,842 | $18,555 | - | $80,397 |
| Advertising | $61,318 | $18,397 | - | $79,715 |
| Current Officers, Directors, Trustees, and Key Employees | $28,189 | $42,283 | - | $70,472 |
| Payroll Taxes | $24,733 | $7,421 | - | $32,154 |
| Fees for Services Legal | $17,030 | $5,109 | - | $22,139 |
| Fees for Services Accounting | $15,371 | $4,612 | - | $19,983 |
| Other Employee Benefits | $12,323 | $3,697 | - | $16,020 |
| Insurance | $6,813 | $2,044 | - | $8,857 |
| All Other Expenses | $6,058 | $378 | - | $6,436 |
| Other Expenses | $6,350 | $2,027 | - | $6,350 |
| Office Expenses | $3,927 | $1,178 | - | $5,105 |
| Information Technology | $2,362 | $709 | - | $3,071 |
| Travel | $2,158 | $648 | - | $2,806 |
| Interest | $265 | $79 | - | $344 |
| Total Functional Expenses | $713,569 | $155,362 | $0 | $868,931 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI
“Form 990, part vi, line 2: stephen janack's firm provided services to miriam dushane's firm.”
Form 990, Page 6, Part VI, Line 2
“Miriam dushane stephen janack board chair director see schedule o”
Form 990, Page 6, Part VI, Line 11B
“The board of directors reviews and approves form 990 prior to filing.”
Form 990, Page 6, Part VI, Line 12C
“At all board meetings any conflict of interest on any votes or discussions are addressed at that time.”
Form 990, Page 6, Part VI, Line 15A
“The board of directors approves the compensation of the ceo.”
Form 990, Page 6, Part VI, Line 19
“Per the organization's policies, upon written request for an appointment, these items are made available to the public.”
Filing and Contact Details
Filer
- Filer Name
- Albany Can Code Inc
- EIN
- 81-2893882
- Phone
- 5182386808
- Address
- 75 TROY ROAD, EAST GREENBUSH, NY 12061
Signing Officer
- Name
- Annmarie Lanesey Payette
- Title
- CEO
- Phone
- 5182386808
- Signed
- 2023-05-10
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Annmarie Lanesey Payette
- Formed
- 2016
- Legal Domicile
- Ny
- Voting Board Members
- 14
- Independent Board Members
- 14
- Employees
- 12
- Volunteers
- 46
Preparer
- Firm
- Cusack & Company Cpas LLC
- Address
- 7 AIRPORT PARK BLVD, LATHAM, NY 12110
- Preparer
- John a Criscone CPA
- Phone
- 5187863550
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“Albany can code, inc. Works to build a more inclusive and vibrant tech talent pipeline and tech sector workforce in new york's capital region. We partner with stakeholder employers, educators and community to create programs that reduce cultural and economic barriers to participating in the tech economy. Ultimately we work to shift mindset about who can work in technology, and to create open access to pathways to joining the tech economy. The organization is building capacity for the tech sector workforce of the future.”
Form 990, Page 2, Part III, Line 4A
“Workforce courses: in partnership with community colleges and boces programs, we recruit non-traditional students, screen for aptitude and motivation, then connect to affordable, practical, employment-aligned curriculum and available tuition assistance. We provide in-person instruction: lectures supplemented by labs, many of which involve locally employed mentors, as well as projects and networking events to highlight software industry culture, project management, and other soft skills. We serve two key stakeholder groups: local employers of software and it professionals, and local community members who have the aptitude to work with software but lack local options for trainiig. We partner with stakeholders employers, educators and community to create programs that reduce cultural and economic barriers to participating in the tech economy. Ultimately we work to shift mindset about who can work in technology, and to create open access to pathways to joining the tech economy. Our goal is to build a more inclusive and vibrant tech talent pipeline and tech sector workforce in new york state and beyond.”
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| IRS990/MissionDesc | 0 | ALBANY CAN CODE, INC. WORKS TO BUILD A MORE INCLUSIVE AND VIBRANT TECH TALENT PIPELINE AND TECH SECTOR WORKFORCE IN NEW YORK'S CAPITAL REGION. WE PARTNER WITH STAKEHOLDER EMPLOYERS, EDUCATORS AND COMMUNITY TO CREATE PROGRAMS THAT REDUCE CULTURAL AND ECONOMIC BARRIERS TO PARTICIPATING IN THE TECH ECONOMY. ULTIMATELY WE WORK TO SHIFT MINDSET ABOUT WHO CAN WORK IN TECHNOLOGY, AND TO CREATE OPEN ACCESS TO PATHWAYS TO JOINING THE TECH ECONOMY. THE ORGANIZATION IS BUILDING CAPACITY FOR THE TECH SECTOR WORKFORCE OF THE FUTURE. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | COMMUNITY PROGRAMS - OUR VIRTUAL DIGITAL LITERACY COMMUNITY PROGRAM WAS DESIGNED TO CREATE A BRIDGE FOR UNDERSERVED POPULATIONS TO TAKE THEIR FIRST STEPS TOWARDS CAREERS IN TECHNOLOGY. NOW MORE THAN EVER THIS PROGRAM HAS THE OPPORTUNITY TO CHANGE THE LIVES OF THOSE WHO CAN PARTICIPATE. STUDENTS IN OUR VIRTUAL DIGITAL LITERACY COURSE WILL HAVE A WIDE RANGE OF EXPERIENCES AND COMPETENCIES, RANGING FROM THOSE WHO HAVE USED A COMPUTER FREQUENTLY IN A PROFESSIONAL ENVIRONMENT, TO THOSE WHO HAVE BARELY USED A COMPUTER AND ARE VERY NERVOUS ABOUT DOING SO. THIS CLASS IS INTENDED TO MEET STUDENTS WHEREVER THEY ARE AND HELP THEM MEET THEIR OWN PERSONAL GOALS, WHETHER THAT IS ENTRY INTO OUR WORKFORCE COMPUTER PROGRAMMING COURSES OR OTHER EMPLOYMENT OPPORTUNITIES. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | ALBANY CAN CODE, INC.'S WORK IN K12 EQUIPS ADMINISTRATORS AND EMPOWERS TEACHERS TO GIVE STUDENTS POSITIVE, HANDS-ON EXPERIENCES WITH CODING AND COMPUTER SCIENCE. WE PROVIDE ADVISORY SERVICES TO CREATE BOARD, SUPERINTENDENT, BUILDING, AND UNION-LEVEL BUY-IN FOR PRACTICAL, INCLUSIVE PROGRAMS; INCREASE AWARENESS AND UNDERSTANDING ABOUT WORKING IN TECHNOLOGY, ADD INVITE ALL STUDENTS TO CONSIDER PATHWAYS TO CAREERS IN TECHNOLOGY. IN SHORT ALBANY CAN CODE, INC. BRINGS ADVOCACY AND TOOLS SO MORE YOUNG PEOPLE IN OUR REGION ARE ENABLED TO "JUMP THE SCREEN" FROM A PASSIVE USER OF TECHNOLOGY, TO A MAKER OF THE SOFTWARE & TOOLS THAT INTERMEDIATES VIRTUALLY EVERY ASPECT OF OUR ECONOMIC FUNCTIONING. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ALBANY CAN CODE, INC. WORKS TO BUILD A MORE INCLUSIVE AND VIBRANT TECH TALENT PIPELINE AND TECH SECTOR WORKFORCE IN NEW YORK'S CAPITAL REGION. WE PARTNER WITH STAKEHOLDER EMPLOYERS, EDUCATORS AND COMMUNITY TO CREATE PROGRAMS THAT REDUCE CULTURAL AND ECONOMIC BARRIERS TO PARTICIPATING IN THE TECH ECONOMY. ULTIMATELY WE WORK TO SHIFT MINDSET ABOUT WHO CAN WORK IN TECHNOLOGY, AND TO CREATE OPEN ACCESS TO PATHWAYS TO JOINING THE TECH ECONOMY. THE ORGANIZATION IS BUILDING CAPACITY FOR THE TECH SECTOR WORKFORCE OF THE FUTURE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | WORKFORCE COURSES: IN PARTNERSHIP WITH COMMUNITY COLLEGES AND BOCES PROGRAMS, WE RECRUIT NON-TRADITIONAL STUDENTS, SCREEN FOR APTITUDE AND MOTIVATION, THEN CONNECT TO AFFORDABLE, PRACTICAL, EMPLOYMENT-ALIGNED CURRICULUM AND AVAILABLE TUITION ASSISTANCE. WE PROVIDE IN-PERSON INSTRUCTION: LECTURES SUPPLEMENTED BY LABS, MANY OF WHICH INVOLVE LOCALLY EMPLOYED MENTORS, AS WELL AS PROJECTS AND NETWORKING EVENTS TO HIGHLIGHT SOFTWARE INDUSTRY CULTURE, PROJECT MANAGEMENT, AND OTHER SOFT SKILLS. WE SERVE TWO KEY STAKEHOLDER GROUPS: LOCAL EMPLOYERS OF SOFTWARE AND IT PROFESSIONALS, AND LOCAL COMMUNITY MEMBERS WHO HAVE THE APTITUDE TO WORK WITH SOFTWARE BUT LACK LOCAL OPTIONS FOR TRAINIIG. WE PARTNER WITH STAKEHOLDERS EMPLOYERS, EDUCATORS AND COMMUNITY TO CREATE PROGRAMS THAT REDUCE CULTURAL AND ECONOMIC BARRIERS TO PARTICIPATING IN THE TECH ECONOMY. ULTIMATELY WE WORK TO SHIFT MINDSET ABOUT WHO CAN WORK IN TECHNOLOGY, AND TO CREATE OPEN ACCESS TO PATHWAYS TO JOINING THE TECH ECONOMY. OUR GOAL IS TO BUILD A MORE INCLUSIVE AND VIBRANT TECH TALENT PIPELINE AND TECH SECTOR WORKFORCE IN NEW YORK STATE AND BEYOND. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990, PART VI, LINE 2: STEPHEN JANACK'S FIRM PROVIDED SERVICES TO MIRIAM DUSHANE'S FIRM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MIRIAM DUSHANE STEPHEN JANACK BOARD CHAIR DIRECTOR SEE SCHEDULE O |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD OF DIRECTORS REVIEWS AND APPROVES FORM 990 PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AT ALL BOARD MEETINGS ANY CONFLICT OF INTEREST ON ANY VOTES OR DISCUSSIONS ARE ADDRESSED AT THAT TIME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE CEO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PER THE ORGANIZATION'S POLICIES, UPON WRITTEN REQUEST FOR AN APPOINTMENT, THESE ITEMS ARE MADE AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 19 |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $668,009
- Liabilities
- $141,016
- Net assets
- $526,993
- Revenue
- $1,075,919
- Expenses
- $868,931
- Net income
- $206,988