ADJUNCT FACULTY ASSOCIATION AT NASSAU COMMUNITY COLLEGE (EIN 112605238) - 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

1982

Legal Domicile

Principal Officer

STEFAN KROMPIER

Tax Period

2023-01-01 to 2023-12-31

ADJUNCT FACULTY ASSOCIATION AT NASSAU COMMUNITY COLLEGE, founded in 1982, is a small nonprofit that reported $353K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION WAS FORMED FOR THE BENEFIT AND SUPPORT OF IT'S MEMBERSHIP. THEY ACT AS A REPRESENTATIVE OF THE ADJUNCT FACULTY IN ALL DEALINGS WITH THE COUNTY, STATE AND OTHER EMPLOYING AUTHORITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $352,625

Investment Income $130

Other Revenue $0

TOTAL REVENUE $352,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $209,064

Fundraising Expenses $0

Program Expenses $339,564

Other Expenses $151,327

TOTAL EXPENSES $360,391

Year-over-Year Comparison

	2023	2022	Change
Revenue	$352,755	$346,614	+0.0%
Expenses	$360,391	$365,149	0.0%
Net Income	$-7,636	$-18,535	-0.6%

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

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

$287,368

Total Directors

$140,615

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEFAN KROMPIER	PRESIDENT	N/A	Officer	$0	$0	$110,129
SCOTT J STARK	VICE PRESIDE	N/A	Officer	$0	$0	$79,972
GARY OUELLETTE	TRUSTEE	40.00	Director	$57,031	$0	$57,031
BARBARA GREGORIO	TREASURER	N/A	Officer	$0	$0	$54,796
ROSEMARIE TAVITIAN	SECRETARY	10.00	Officer	$42,471	$0	$42,471
PAUL GAUDAGNINO	TRUSTEE	N/A	Director	$0	$0	$22,538
ROBERT FEMMINELLA	TRUSTEE	N/A	Director	$0	$0	$15,411
CHRIS ENRIGHT	TRUSTEE	N/A	Director	$0	$0	$15,042
ETHEL WEEKS	TRUSTEE	N/A	Director	$0	$0	$14,860
KENNETH BELLAFIORE	TRUSTEE	6.00	Director	$14,846	$0	$14,846
RICHARD BECK	TRUSTEE	1.00	Director	$887	$0	$887

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	No data	No data	No data	No data
2023	$352,755	$360,391	$452,439	$-7,636
2022	$346,614	$365,149	$456,108	$-18,535
2021	$367,152	$333,018	$476,835	$34,134
2020	$413,943	$400,071	$443,057	$13,872
2019	$472,977	$474,661	$426,982	$-1,684
2018	$509,194	$501,177	$438,579	$8,017

ADJUNCT FACULTY ASSOCIATION AT NASSAU COMMUNITY COLLEGE