GREATER NEW YORK HEARING & SPEECH SOCIETY INC (EIN 111807504) - 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

1953

Legal Domicile

Principal Officer

GREGG ABRAMSON

Phone

5164378822

Tax Period

2025-01-01 to 2025-12-31

GREATER NEW YORK HEARING & SPEECH SOCIETY INC, founded in 1953, is a micro nonprofit that reported $98K in total revenue in fiscal year 2025. Expenses of $307K exceeded revenue, resulting in a 214% operating deficit.

Mission

HEARING AND SPEECH PROGRAMS TO AID PERSONS WITH HEARING OR SPEECH IMPEDIMENTS. SIGNIFICANT ACTIVITIES DURING THE YEAR INCLUDE FUNDING PROGRAMS FOR COCHLEAR IMPLANTS AND HEARING AIDS DISPENSARY AT NORTHWELL HEALTH.

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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 (2025)

Revenue Breakdown

Contributions & Grants $15,000

Program Service Revenue $0

Investment Income $82,942

Other Revenue $0

TOTAL REVENUE $97,942

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $46,852

Fundraising Expenses $0

Program Expenses $296,852

Other Expenses $10,226

TOTAL EXPENSES $307,078

Year-over-Year Comparison

	2025	2024	Change
Revenue	$97,942	$95,412	+0.0%
Expenses	$307,078	$55,441	+4.5%
Net Income	$-209,136	$39,971	-6.2%

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

$43,622

Total Directors

$43,622

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG ABRAMSON	PRESIDENT	10.00	Officer Director	$43,622	$0	$43,622
MARGOT NONES	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
ELIZABETH GORDON	TREASURER	2.00	Officer Director	$0	$0	$0
ZACH GOLDSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
DR ANDREA VAMBUTAS	MEDICAL DIRE	2.00	Officer Director	$0	$0	$0
DR ALLAN ABRAMSON	DIRECTOR	2.00	Director	$0	$0	$0
AINE DONOHUE	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA MANGINO	DIRECTOR	2.00	Director	$0	$0	$0
BETTIE STEINBERG	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES APELIAN	DIRECTOR	2.00	Director	$0	$0	$0
CHUCK JARMON	DIRECTOR	1.00	Director	$0	$0	$0
JOEL GLICK	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN BEADLE	DIRECTOR	2.00	Director	$0	$0	$0
LESLIE ROSENTHAL	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL FRANK	DIRECTOR	2.00	Director	$0	$0	$0
SARAH NATOCHENNY	DIRECTOR	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	$97,942	$307,078	$4,309,558	$-209,136
2024	$95,412	$55,441	$4,044,258	$39,971
2023	$168,057	$265,822	$3,562,506	$-97,765
2022	$56,032	$262,614	$3,137,926	$-206,582
2021	$48,319	$73,060	$3,963,095	$-24,741
2020	$45,352	$11,104	$3,370,025	$34,248
2019	$96,056	$272,511	$3,499,681	$-176,455
2018	$90,311	$169,880	$3,050,662	$-79,569

GREATER NEW YORK HEARING & SPEECH SOCIETY INC