THE COMMUNITY CHEST OF PORT WASHINGTON NY INC (EIN 111614994) - 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

Phone

5167672121

Tax Period

2023-10-01 to 2024-09-30

THE COMMUNITY CHEST OF PORT WASHINGTON NY INC, founded in 1949, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

The primary purpose of the Community Chest is to raise funds to be disbursed as grants to other carefully screened not for profit organizations that provide a wide range of services to the residents of Port Washington. The Community Chest also rents space within its facility at below market rates to non profit organizations,helping them fulfill their missions. In March 2020, the Community Chest initiated and administered the Port Washington COVID-19 Community Response Fund to make COVID-19 emergency grants for food needs, housing costs and other expenses to existing community and faith-based organizations that have strong experience supporting Port Washington residents.

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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 $370,344

Program Service Revenue $345,395

Investment Income $157,523

Other Revenue $131,696

TOTAL REVENUE $1,004,958

Expense Breakdown

Grants Paid $601,620

Salaries & Benefits $208,809

Fundraising Expenses $107,291

Program Expenses $837,047

Other Expenses $196,210

TOTAL EXPENSES $1,006,639

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,004,958	$839,446	+0.2%
Expenses	$1,006,639	$880,360	+0.1%
Net Income	$-1,681	$-40,914	-1.0%

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

Volunteers

100

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
ROBERT KELLER	EXECUTIVE DIRECTOR	40.00		$99,077	$0	$99,077
NIKOS ANDREADIS	Director	1.00	Director	$0	$0	$0
JOHN NEIL	Director	1.00	Director	$0	$0	$0
AMY BASS	Director	1.00	Director	$0	$0	$0
MICHAEL COOPERMAN	Vice President	5.00	Officer Director	$0	$0	$0
JOSH KIRSHNER	Director	1.00	Director	$0	$0	$0
KRIS BAKER	Director	1.00	Director	$0	$0	$0
KAREN SELTZER	Director	1.00	Director	$0	$0	$0
SHERYL ALBANESE	Secretary	5.00	Officer Director	$0	$0	$0
ROSS BALTIC	Director	1.00	Director	$0	$0	$0
PAUL OLIVERI	Director	1.00	Director	$0	$0	$0
DREW HERSHKOWITZ	President	5.00	Officer Director	$0	$0	$0
MITCHELL SCHULTZ	Vice President	5.00	Officer Director	$0	$0	$0
NOAL GOLDFARB	Director	1.00	Director	$0	$0	$0
DONNA MARCUS	Director	1.00	Director	$0	$0	$0
SKIP STERN	Director	1.00	Director	$0	$0	$0
ERIC SEALOVE	Director	1.00	Director	$0	$0	$0
JEROME FEDERLEIN	Director	1.00	Director	$0	$0	$0
WILLIAM STOCKER	Treasurer	5.00	Officer Director	$0	$0	$0
JEFF HOLTZMAN	Director	1.00	Director	$0	$0	$0
LISA HENDRICKSON-DEBRUIN	Director	1.00	Director	$0	$0	$0
STUART JOHNSON	Director	1.00	Director	$0	$0	$0
TESSA JORDAN	Director	1.00	Director	$0	$0	$0
ROY NELSON MD	Director	1.00	Director	$0	$0	$0
BOB O'BRIEN	Director	1.00	Director	$0	$0	$0
JENNIFER WILSON-PINES	Director	1.00	Director	$0	$0	$0
JOEL D ZIEV	Director	1.00	Director	$0	$0	$0
MICHELE HYDE	Director	1.00	Director	$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
2024	$1,004,958	$1,006,639	$1,491,395	$-1,681
2023	$839,446	$880,360	$1,376,825	$-40,914
2022	$650,267	$840,168	$1,416,290	$-189,901
2021	$882,406	$904,181	$1,558,814	$-21,775
2020	$996,250	$738,093	$1,489,728	$258,157
2019	$818,464	$718,642	$1,312,266	$99,822
2018	$757,751	$787,059	$1,240,249	$-29,308

THE COMMUNITY CHEST OF PORT WASHINGTON NY INC