PROFESSIONAL REMODELING ORG NY INC

EIN: 112466898

BOHEMIA, NY

Total Revenue
$157,921
Total Expenses
$201,545
Total Assets
$35,804
Net Assets
$20,622
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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
1954
Legal Domicile
NY
Principal Officer
PATRICK BENTIVENGA
Phone
6316736274
Tax Period
2021-07-01 to 2022-06-30

PROFESSIONAL REMODELING ORG NY INC, founded in 1954, is a small nonprofit that reported $158K in total revenue in fiscal year 2021. Expenses of $202K exceeded revenue, resulting in a 28% operating deficit.

Mission

EDUCATION TO AND ABOUT THE REMODELING INDUSTRY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $157,865
Investment Income $6
Other Revenue $50
TOTAL REVENUE $157,921

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,207
Fundraising Expenses $0
Other Expenses $91,338
TOTAL EXPENSES $201,545

Year-over-Year Comparison

2021 2020 Change
Revenue $157,921 $157,947 0.0%
Expenses $201,545 $200,604 +0.0%
Net Income $-43,624 $-42,657 +0.0%
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

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Governance

Voting Members
6
Independent Members
6
Employees
2
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK BENTIVENGA OFFICER N/A
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
2022 $157,921 $201,545 $35,804 $-43,624
2021 $157,947 $200,604 $77,479 $-42,657
2020 $319,970 $347,160 $126,468 $-27,190
2019 $403,623 $389,268 $151,457 $14,355
2018 $412,093 $366,059 $177,430 $46,034
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