FASHION FOOTWEAR ASSOCIATION OF NY INC (EIN 112782749) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Phone

2127516422

Tax Period

2019-10-01 to 2020-09-30

FASHION FOOTWEAR ASSOCIATION OF NY INC, founded in 1985, is a small nonprofit that reported $384K in total revenue in fiscal year 2019. Revenue fell 69% from the prior year — a significant decline worth monitoring.

Mission

TO PROMOTE AND ASSIST THE COMMON BUSINESS INTERESTS OF THE MEMBERS IN THE FASHION FOOTWEAR, ACCESSORIES AND RELATED APPAREL INDUSTRY. FFANY EXTENDS ITS MISSION BY BEING COMMITTED TO "GIVING BACK" TO ITS MEMBERS AND THE FOOTWEAR INDUSTRY BY SUPPORTING PROGRAMS AND CHARITIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $384,219

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,066

Fundraising Expenses $0

Other Expenses $233,217

TOTAL EXPENSES $401,283

Year-over-Year Comparison

	2019	2018	Change
Revenue	$384,219	$1,222,225	-0.7%
Expenses	$401,283	$1,351,982	-0.7%
Net Income	$-17,064	$-129,757	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$216,177

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN HERONFFANY	Executive Dir.	40.00	Officer	$125,000	$16,177	$216,177
EVAN CAGNERSYNCLAIRE	Director	0.00	Director	$0	$0	$0
TANYA GOLESICJIMMY CHOO	Director	0.00	Director	$0	$0	$0
Greg Connors - White Mountain	Chairman	0.00	Director	$0	$0	$0
SOFIA HABERMANGVP	Secretary	0.00	Director	$0	$0	$0
Jim Issler - HH Brown	Director	0.00	Director	$0	$0	$0
MARC FISHERMARC FISHER FOOTWR	Director	0.00	Director	$0	$0	$0
TSERING NAMGYAL CL BY LAUNDRY	Director	0.00	Director	$0	$0	$0
MOLLY ADAMS	Director	0.00	Director	$0	$0	$0
GREGG RIBATTTHE ROCKPORT GP	Director	0.00	Director	$0	$0	$0
ALEX DEL CIELOCAMUTO GROUP	Vice Chairman	0.00	Director	$0	$0	$0
DEBBIE FERREEDSW INC	Director	0.00	Director	$0	$0	$0
SUSAN ITKOWITZMARC FISHER	Director	0.00	Director	$0	$0	$0
JOSSUE SOLANOBBC	Director	0.00	Director	$0	$0	$0
MELISSA LOWENKRONBERGDORF	Director	0.00	Director	$0	$0	$0
MICHELLE DILLARDEXCLUSIVE BRA	Director	0.00	Director	$0	$0	$0
JEFF ESPERSONZAPPOS	Director	0.00	Director	$0	$0	$0
TRACEY POWERSNORDSTROM	Director	0.00	Director	$0	$0	$0
TANYA GORDONSHOE CARNIVAL	Director	0.00	Director	$0	$0	$0
JIM GABRIELGLOBAL BRANDS GRP	Treasurer	0.00	Director	$0	$0	$0
TRACY MARGOLIESSAKS	Director	0.00	Director	$0	$0	$0
PHILIPPA NEWMANMICHAEL KORS	Director	0.00	Director	$0	$0	$0
DAVID KAHANBIRKENSTOCK	Director	0.00	Director	$0	$0	$0
JOEL OBLONSKYNINE WEST	Director	0.00	Director	$0	$0	$0
SCOTT SILVERSTEINNINA	Director	0.00	Director	$0	$0	$0
MATT PRIESTFDRA	Director	0.00	Director	$0	$0	$0
JOE QUAKNINETITAN	Director	0.00	Director	$0	$0	$0
Rick MuskatDeer Stags	Director	0.00	Director	$0	$0	$0
MICHAEL KATZMATISSE FTWR	Director	0.00	Director	$0	$0	$0
CARRIE RUBINPENTLAND USA	Director	0.00	Director	$0	$0	$0
PHYLLIS REIN	EXECUTIVE VP	40.00		$0	$0	$0
SHELLEY BERQUIST	SR VP MARKETING	40.00		$0	$0	$0
THOMAS FIORELLI	FINANCE	40.00		$0	$0	$0
RONALD FROMM	EX PRESIDENT	0.00		$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
2020	$384,219	$401,283	No data	$-17,064
2019	$1,222,225	$1,351,982	$192,632	$-129,757
2018	$1,715,298	$2,146,727	$527,334	$-431,429

FASHION FOOTWEAR ASSOCIATION OF NY INC