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THE ALBANY ACADEMIES INC
ALBANY, NY · EIN 141338579 · Form 990 · FY2024 · Large ($10M-$50M)
revenue
$23.4M
expenses
$22.5M
net assets
$50.0M
employees
308
volunteers
150
program ratio
81%
mission · from form 990

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.

profile · synthesized from sources

The Albany Academies Inc operates a co-educational early childhood program for three- and four-year-olds and single-gender elementary and middle schools for girls and boys ages four through eight. It also runs a co-educational secondary school for grades nine through twelve. The organization is based in Albany, New York, and serves students through a structured academic curriculum with gender-specific and co-ed components.

named programs · 4 · from sources

What they call their work

Boys' Early Childhood and Primary Education
Single-gender program for boys aged four through eight, including kindergarten and grades one through eight.
Early Childhood Co-Education Program
Co-educational program for children aged three and four years old.
Girls' Early Childhood and Primary Education
Single-gender program for girls aged four through eight, including kindergarten and grades one through eight.
Secondary School (Grades 9-12)
Co-educational high school program for students in grades nine through twelve.
activities · 4 groups

What they do

  • Early Childhood Education & Development Programs 1 activity
    • Early childhood co-education program
      Operates and maintains an early childhood co-educational program for children ages three and four.
  • Comprehensive K–8 Academic Curriculum 1 activity
    • Girls' primary and middle school program
      Operates and maintains an early childhood education program for girls ages four and five, a kindergarten for five-year-old girls, a primary school for girls in grades one through four, and a middle school for girls in grades five through eight, with co-educational courses offered when appropriate.
  • College Preparatory Secondary Education 1 activity
    • Secondary school program (grades 9–12)
      Operates and maintains a secondary school for grades nine through twelve offering both single-gender and co-educational programs.
  • Uncategorized 1 activity
    • Boys' primary and middle school program
      Operates and maintains an early childhood education program for boys ages four and five, a kindergarten for five-year-old boys, a primary school for boys in grades one through four, and a middle school for boys in grades five through eight, with co-educational courses offered when appropriate.
financials · form 990 · fy2024
revenue
Total revenue$23.39M
Contributions & grants$4.03M17%
Program service revenue$18.29M78%
Investment income$837K4%
Other revenue$236K
expenses
Total expenses$22.50M
Program expenses81%
Admin / overhead16%
Fundraising3%
Salaries & benefits$12.52M
Grants paid out$3.38M
Largest expense lineCompensation
balance sheet
Total assets$60.07M
Cash$5.56M
Investments$25.34M
Liabilities$10.07M
Net assets$50.00M
Liquid reserves16.5 mo
6 years on record · 2019–2024 · YoY revenue +10.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 7
NameTitleHours/wkCompensation
CHRISTOPHER LAURICELLA HEAD OF SCHOOL 40 $250K
VIVIAN BENTON CFO 40 $152K
CHRISTINE VAUGHAN DIRECTOR OF THE UPPER SCHOOL 40 $148K
SUZANNE GARDNER-CLARKSON DIRECTOR OF THE LOWER SCHOOL 40 $113K
JESSICA CHEN DIRECTOR OF THE INTERNATIONAL PROGRAM 40 $111K
PAUL GALLUCCI ATHLETIC DIRECTOR 40 $108K
TRENT BENNETT SITE & SUPPORT SERVICE DIR 40 $106K
board members · 18
  • ANDREW SAFRANKO — TRUSTEE
  • CARA MILDE — TRUSTEE
  • CARL BECKER — TRUSTEE
  • CARON O'BRIEN CRUMMEY — TRUSTEE
  • DAVID HOLLANDER — TRUSTEE
  • DR KYLE FLIK — TRUSTEE
  • EILEEN TUCKER SPIRO — TRUSTEE
  • ELISSA J SMITH — TRUSTEE
  • ERIC LEWIS PHD — PRESIDENT
  • FRAN'CEE BROWN-MCCLURE — TRUSTEE
  • GEOFFREY S PLANTE CPA PMP — TRUSTEE
  • JENNIFER AMSTUTZ — TRUSTEE
  • KAARI STANNARD — VICE PRESIDENT
  • MICHAEL LASCH — TREASURER
  • NANCY WEKSELBAUM — TRUSTEE
  • NEERAV PATEL — TRUSTEE
  • NICOLE BORISENOK KRASODOMSKI — TRUSTEE
  • PETER KIM — TRUSTEE
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.