AMERICAN FEDERATION OF TEACHERS NASSAU COMMUNITY COLLEGE LOCAL 3150 (EIN 112307228) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

FAREN SIMINOFF

Phone

5165727198

Tax Period

2023-07-01 to 2024-06-30

AMERICAN FEDERATION OF TEACHERS NASSAU COMMUNITY COLLEGE LOCAL 3150, founded in 1972, is a small nonprofit that reported $858K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE VARIOUS BENEFITS TO ALL MEMBERS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $849,457

Investment Income $8,005

Other Revenue $462

TOTAL REVENUE $857,924

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,210

Fundraising Expenses $0

Program Expenses $703,606

Other Expenses $185,196

TOTAL EXPENSES $1,007,012

Year-over-Year Comparison

	2023	2022	Change
Revenue	$857,924	$1,217,279	-0.3%
Expenses	$1,007,012	$1,044,246	0.0%
Net Income	$-149,088	$173,033	-1.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

413

Employees

Volunteers

N/A

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

$73,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FAREN SIMINOFF	President	30.00	Officer	$24,538	$0	$24,538
DAVID STERN	Vice President	15.00	Officer	$12,269	$0	$12,269
SUZANNE KAEBNICK	Secretary	15.00	Officer	$12,269	$0	$12,269
CAROLINE FALCONETTI	Treasurer	15.00	Officer	$12,269	$0	$12,269
VIRGINIA SANCHIOLI	Vice President	15.00	Officer	$11,905	$0	$11,905

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	No data	No data	No data	No data
2024	$857,924	$1,007,012	$1,347,681	$-149,088
2023	$1,217,279	$1,044,246	$1,496,640	$173,033
2022	$972,404	$1,000,689	$1,326,312	$-28,285
2021	$1,091,806	$979,204	$1,354,163	$112,602
2020	$1,336,018	$1,162,172	$1,240,918	$173,846
2019	$943,265	$1,040,590	$1,065,805	$-97,325

AMERICAN FEDERATION OF TEACHERS NASSAU COMMUNITY COLLEGE LOCAL 3150