CARMEN A SCHIAVO ASSOCIATES (EIN 042606619) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Phone

6173899447

Tax Period

2023-01-01 to 2023-12-31

CARMEN A SCHIAVO ASSOCIATES, founded in 1949, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue surged 141% from the prior year, signaling strong growth momentum. The organization ran a surplus of $147K, a strong 70% operating margin.

Mission

TO SUPPORT AND GIVE BACK TO THE SURROUNDING COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,782

Program Service Revenue $5,673

Investment Income $5,115

Other Revenue $194,210

TOTAL REVENUE $208,780

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $58,812

TOTAL EXPENSES $61,812

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,780	$86,790	+1.4%
Expenses	$61,812	$69,737	-0.1%
Net Income	$146,968	$17,053	+7.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH RECIGNO	DIRECTOR	1.00	Director	$0	$0	$0
DAVID RADCLIFF	TREASURER	1.00	Officer Director	$0	$0	$0
EDWARD HINCHEY	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL DALY	TRUSTEE	1.00	Director	$0	$0	$0
ANGLEO RAVESI	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW FERREIRA	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN CRONIN	SECRETARY	1.00	Officer	$0	$0	$0
WILLIAM BANDA	PRESIDENT	1.00	Officer	$0	$0	$0
RICHARD CORTESE	VICE PRESIDENT	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$208,780	$61,812	$242,974	$146,968
2022	$86,790	$69,737	$216,730	$17,053
2021	$109,972	$79,488	$198,837	$30,484
2020	$87,031	$79,095	$148,335	$7,936
2019	$97,067	$80,047	$140,056	$17,020

CARMEN A SCHIAVO ASSOCIATES