NY CLAIM ASSOCIATION INC

EIN: 112483236 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$286,411
Total Expenses
$186,421
Total Assets
$184,375
Net Assets
$184,375
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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
1974
Legal Domicile
NY
Phone
2123127880
Tax Period
2024-01-01 to 2024-12-31

NY CLAIM ASSOCIATION INC, founded in 1974, is a small nonprofit in the Community Improvement sector that reported $286K in total revenue in fiscal year 2024. The organization ran a surplus of $100K, a strong 35% operating margin.

Mission

To organize, promote, conduct research in practices and procedures in the insurance field, to encourage the interchange of ideas & personal contacts between people interested in the field.

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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 (2024)

Revenue Breakdown

Contributions & Grants $26,820
Program Service Revenue $259,400
Investment Income $191
Other Revenue $0
TOTAL REVENUE $286,411

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $179,073
Other Expenses $186,421
TOTAL EXPENSES $186,421

Year-over-Year Comparison

2024 2023 Change
Revenue $286,411 N/A N/A
Expenses $186,421 N/A N/A
Net Income $99,990 N/A N/A
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
8
Independent Members
8
Employees
N/A
Volunteers
15

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matthew Jones President N/A
$0 $0 $0
Tyisha Torres President Emeritus N/A
$0 $0 $0
Erika Grham VP N/A
$0 $0 $0
Timothy Howlin VP N/A
$0 $0 $0
Zachary Eastright Treasurer N/A
$0 $0 $0
Annette Malpica Exec. Director N/A
$0 $0 $0
Gary Arabian Secretary N/A
$0 $0 $0
William Jones Gen. Counsel N/A
$0 $0 $0
Patrick Carroll VP N/A
$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
2024 $286,411 $186,421 $184,375 $99,990
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