The Nassau Academy of Law

EIN: 112621122 501(c)(3)

Mineola, NY

Total Revenue
$200,667
Total Expenses
$189,282
Total Assets
$6,941
Net Assets
$-165,387
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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
NY
Phone
5167474070
Tax Period
2018-07-01 to 2019-06-30

The Nassau Academy of Law, founded in 1982, is a small nonprofit that reported $201K in total revenue in fiscal year 2018. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $189K left a modest 6% surplus.

Mission

TO PROVIDE NON-DEGREE EDUCATIONAL OPPORTUNITIES OF A POST GRADUATE NATURE FOR MEMBERS OF THE LEGAL PROFESSION, TO MAINTAIN A NON-PROFIT LAW LIBRARY, TO PROVIDE THE PUBLIC WITH LECTURES AND TRAINING IN LAW, AND TO CONTRIBUTE TO AN UNDERSTANDING OF THE LEGAL PROCESS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $12,023
Program Service Revenue $58,104
Investment Income $1
Other Revenue $130,539
TOTAL REVENUE $200,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $133,637
Fundraising Expenses $0
Program Expenses $113,564
Other Expenses $55,645
TOTAL EXPENSES $189,282

Year-over-Year Comparison

2018 2017 Change
Revenue $200,667 $254,164 -0.2%
Expenses $189,282 $284,484 -0.3%
Net Income $11,385 $-30,320 -1.4%
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
60
Independent Members
60
Employees
3
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
8
$35,901
Total Directors
60
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel W Russo Dean 1.00
Officer Director
$0 $0 $0
Jaime D Eratty Associate Dean 1.00
Officer Director
$0 $0 $0
Anthony Michael Sabino Assistant Dean 1.00
Officer Director
$0 $0 $0
Mary P Giordano Assistant Dean 1.00
Officer Director
$0 $0 $0
Terrence L Tarver Assistant Dean 1.00
Officer Director
$0 $0 $0
Christine T Quigley Secretary 1.00
Officer Director
$0 $0 $0
Susan Katz Richman Treasurer 1.00
Officer Director
$0 $0 $0
Andrea M Brodie Trustee 1.00
Director
$0 $0 $0
Mary Ann Aiello Trustee 1.00
Director
$0 $0 $0
Lisa A Cairo Trustee 1.00
Director
$0 $0 $0
Christopher J DelliCarpini Trustee 1.00
Director
$0 $0 $0
Maureen Dougherty Trustee 1.00
Director
$0 $0 $0
Arlene Zalayet Trustee 1.00
Director
$0 $0 $0
Richard Collins Trustee 1.00
Director
$0 $0 $0
Maxine S Broderick Trustee 1.00
Director
$0 $0 $0
Lance D Clarke Trustee 1.00
Director
$0 $0 $0
Jayson JR Choi TRUSTEE 1.00
Director
$0 $0 $0
Steven V Dalton Trustee 1.00
Director
$0 $0 $0
Samuel J Ferrara Trustee 1.00
Director
$0 $0 $0
Rebecca L Longweber Trustee 1.00
Director
$0 $0 $0
John R Dunne Trustee 1.00
Director
$0 $0 $0
Mark E Goidell Trustee 1.00
Director
$0 $0 $0
Emily F Franchina Trustee 1.00
Director
$0 $0 $0
Marc C Gann Trustee 1.00
Director
$0 $0 $0
Stephen Gassman Trustee 1.00
Director
$0 $0 $0
Frank Giorgio Jr Trustee 1.00
Director
$0 $0 $0
Jennifer Koo Trustee 1.00
Director
$0 $0 $0
Frank A Gulotta Jr Trustee 1.00
Director
$0 $0 $0
Martha V Haesloop Trustee 1.00
Director
$0 $0 $0
Russell I Marnell TRUSTEE 1.00
Director
$0 $0 $0
Brad Polizzano TRUSTEE 1.00
Director
$0 $0 $0
Ariel E Ronnburger TRUSTEE 1.00
Director
$0 $0 $0
Susan T Kluewer Trustee 1.00
Director
$0 $0 $0
Martha Krisel Trustee 1.00
Director
$0 $0 $0
Mili Makhijani Trustee 1.00
Director
$0 $0 $0
Linda K Meijias Trustee 1.00
Director
$0 $0 $0
AThomas Levin Trustee 1.00
Director
$0 $0 $0
Jamie A Rosen TRUSTEE 1.00
Director
$0 $0 $0
Peter H Levy Trustee 1.00
Director
$0 $0 $0
Douglas J Good Trustee 1.00
Director
$0 $0 $0
Harold A Mahony Trustee 1.00
Director
$0 $0 $0
Peter J Mancuso Trustee 1.00
Director
$0 $0 $0
Kenneth L Marten Trustee 1.00
Director
$0 $0 $0
John P McEntee Trustee 1.00
Director
$0 $0 $0
Christopher T McGrath Trustee 1.00
Director
$0 $0 $0
M Kathryn Meng Trustee 1.00
Director
$0 $0 $0
Grace D Moran Trustee 1.00
Director
$0 $0 $0
Michael J Ostrow Trustee 1.00
Director
$0 $0 $0
Kevin P Mulry Trustee 1.00
Director
$0 $0 $0
E Christophe Murray Trustee 1.00
Director
$0 $0 $0
Marian C Rice Trustee 1.00
Director
$0 $0 $0
Michael E Ratner Trustee 1.00
Director
$0 $0 $0
Thomas B Wassel Trustee 1.00
Director
$0 $0 $0
Ira S Slavit Trustee 1.00
Director
$0 $0 $0
Edward T Robinson Trustee 1.00
Director
$0 $0 $0
Joseph W Ryan Jr Trustee 1.00
Director
$0 $0 $0
William M Savino Trustee 1.00
Director
$0 $0 $0
Andrew J Simons Trustee 1.00
Director
$0 $0 $0
Owen B Walsh Trustee 1.00
Director
$0 $0 $0
Frank E Yannelli Trustee 1.00
Director
$0 $0 $0
Elizabeth Post Executive Dir. 0.00
Officer
$0 $1,286 $35,901
Keith Soressi Executive Dir. - Former 0.00
$0 $1,681 $36,341
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
2019 $200,667 $189,282 $6,941 $11,385
2018 $254,164 $284,484 $5,346 $-30,320
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