VALLEY STREAM TEACHERS ASSOCIATION WELFARE FUND

EIN: 112440426

FRANKLIN SQUARE, NY

Total Revenue
$1,263,614
Total Expenses
$1,293,150
Total Assets
$404,558
Net Assets
$312,926
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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
1976
Legal Domicile
NY
Tax Period
2023-07-01 to 2024-06-30

VALLEY STREAM TEACHERS ASSOCIATION WELFARE FUND, founded in 1976, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023.

Mission

WELFARE FUND

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,253,662
Investment Income $9,952
Other Revenue $0
TOTAL REVENUE $1,263,614

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,095,606
Other Expenses $197,544
TOTAL EXPENSES $1,293,150

Year-over-Year Comparison

2023 2022 Change
Revenue $1,263,614 $1,186,922 +0.1%
Expenses $1,293,150 $1,359,880 0.0%
Net Income $-29,536 $-172,958 -0.8%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN PARRINELLO TRUSTEE 10.00
Director
$0 $0 $0
DREW JAKUBOWSKI CHAIR 10.00
Director
$0 $0 $0
MICHAEL OBRIAN TRUSTEE 10.00
Director
$0 $0 $0
DANIELLE DODGE TRUSTEE 10.00
Director
$0 $0 $0
SUSAN GALGANO TRUSTEE 10.00
Director
$0 $0 $0
BRIAN CASE DIRECTOR 10.00
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 No data No data No data No data
2024 $1,263,614 $1,293,150 $404,558 $-29,536
2023 $1,186,922 $1,359,880 $438,339 $-172,958
2022 $1,159,323 $1,265,536 $605,472 $-106,213
2020 $372,628 $3,475 $1,140,238 $369,153
2019 $1,268,767 $1,210,603 $771,085 $58,164
2018 $1,167,914 $1,186,547 $731,076 $-18,633
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