Albany Police Athletic League Inc
Nonprofit profile at a glance
- EIN
- 141708276
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Albany, NY, USA
- Phone
- 5184350392
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Centers, Clubs
Reported finances
- Revenue
- $1,586,399
- Expenses
- $1,091,762
- Assets
- $3,391,719
- Liabilities
- $139,048
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- LEONARD RICCHIUTI JR (EXECUTIVE DIRECTOR)
Highest reported compensation
- LEONARD RICCHIUTI JR (EXECUTIVE DIRECTOR): $137,128 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide an opportunity for local youth to participate in organized and supervised educational, athletic, civic, and recreational youth development programs. We foster and develop positive relationships between the youth we serve and members of the albany police department and community leaders in a safe, structured environment to help kids grow, make informed and correct choices, and become productive members of our society.
What it reported doing in 2024
Art mitchell scholarships are competitively awarded annually to deserving 8th grade students who apply for and are approved to receive financial assistance to pursue his or her education after high school. Scholarships may be used to pay for tuition, fees, books, supplies, and equipment required for courses of instruction at an educational institution (e.g. Universities, academies, colleges, seminaries, institutes of technology, vocational schools, trade schools, and other career service schools). In addition, the dr. Patricia peterson community service award recognizes and acknowledges extraordinary students who have inspired others to volunteer and have made a significant, positive impact at albany pal through volunteering, leadership, interactions and impact to the constituency and community that albany pal serves. Awards are given to deserving 10th-12th grade students who apply for and are approved to receive a service award payable upon graduation from high school or receipt of a ged certificate.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.4%; rating input score 60
- Program expense ratio: 83.5%; rating input score 83
- Fundraising efficiency: $89.57 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 31.2%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 3.11; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 12.6%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 11.9% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 60.4% of revenue deployed · 83.5% of spending went to programs
- Governance: 20 of 20 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $911K in reported program spending
- Leadership: top reported pay $137K · 21 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.