SOCIETY FOR THE PRESERVATION OF LONG ISLAND ANTIQUITIES (EIN 111667763) - 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

1948

Legal Domicile

Principal Officer

MS JACKIE POWERS

Phone

6316924664

Tax Period

2024-05-01 to 2025-04-30

SOCIETY FOR THE PRESERVATION OF LONG ISLAND ANTIQUITIES, founded in 1948, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 35% operating deficit.

Mission

PRESERVATION LONG ISLAND'S MISSION IS TO CELEBRATE AND PRESERVE LONG ISLAND'S DIVERSE CULTURAL AND ARCHITECTURAL HERITAGE THROUGH ADVOCACY, EDUCATION AND STEWARDSHIP OF HISTORIC SITES AND COLLECTIONS. THIS YEAR REFLECTS BOTH DEEP ENGAGEMENT AND STEADY UPWARD MOMENTUM THAT IS CARRYING US FORWARD INTO EXCITING NEW PROJECTS IN MANY AREAS INCLUDING PRESERVATION, EXHIBITIONS, EDUCATION, CURATORIAL AND CAPITAL PROJECTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $672,728

Program Service Revenue $38,984

Investment Income $412,787

Other Revenue $75,039

TOTAL REVENUE $1,199,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $704,951

Fundraising Expenses $53,480

Program Expenses $1,171,019

Other Expenses $913,062

TOTAL EXPENSES $1,618,013

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,199,538	$860,481	+0.4%
Expenses	$1,618,013	$1,227,831	+0.3%
Net Income	$-418,475	$-367,350	+0.1%

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

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

$63,942

Total Directors

$63,942

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE ELLIOTT GOKEY	PRESIDENT	5.00	Officer	$0	$0	$0
MS MARY ANN SPENCER	VICE PRESIDE	5.00	Officer	$0	$0	$0
MS ALEXIS BARR	2ND VICE PRE	5.00	Officer	$0	$0	$0
MR HENRY C CLARK	SECRETARY	5.00	Officer	$0	$0	$0
MS VICTORIA GREENLEAF KEMPNER	TREASURER	5.00	Officer	$0	$0	$0
MS JACKIE POWERS	EXECUTIVE DI	40.00	Officer Director	$63,942	$0	$63,942
MS JOANNA BADAMI	TRUSTEE	2.00	Director	$0	$0	$0
MR PAUL BENTEL	TRUSTEE	2.00	Director	$0	$0	$0
MS MAURA BRUSH	TRUSTEE	2.00	Director	$0	$0	$0
MS PIA CRARY	TRUSTEE	2.00	Director	$0	$0	$0
MR WILLIS DELACOUR	TRUSTEE	2.00	Director	$0	$0	$0
MR EDWARD DUGGER	TRUSTEE	2.00	Director	$0	$0	$0
MS LISA EASTMAN	TRUSTEE	2.00	Director	$0	$0	$0
MS MELISSA PEARSALL HIRSH	TRUSTEE	2.00	Director	$0	$0	$0
MR ROBERT KISSAM	TRUSTEE	2.00	Director	$0	$0	$0
MR RICHARD MAC DOUGALL	TRUSTEE	2.00	Director	$0	$0	$0
MS DIAHN MC GRATH	TRUSTEE	2.00	Director	$0	$0	$0
MS CAROLINE ROB ZALESKI	TRUSTEE	2.00	Director	$0	$0	$0
MS MELISA ROUSSEAU	TRUSTEE	2.00	Director	$0	$0	$0
MS EUGENIE SIBEUD	TRUSTEE	2.00	Director	$0	$0	$0
MR DANIEL WARD WHITE	TRUSTEE	2.00	Director	$0	$0	$0
MR TOWNSEND U WEEKES	TRUSTEE	2.00	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
2025	$1,199,538	$1,618,013	$18,064,503	$-418,475
2024	$860,481	$1,227,831	$17,561,932	$-367,350
2023	$896,668	$1,203,373	$16,919,156	$-306,705
2022	$747,235	$977,827	$17,315,148	$-230,592
2021	$966,668	$887,247	$18,411,266	$79,421
2020	$744,991	$1,104,267	$15,349,771	$-359,276
2019	$780,347	$1,044,305	$16,418,865	$-263,958
2018	$627,393	$952,761	$16,331,922	$-325,368

SOCIETY FOR THE PRESERVATION OF LONG ISLAND ANTIQUITIES