LONG ISLAND PROGRESSIVE COALITION INC (EIN 112849848) - 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

1979

Legal Domicile

Principal Officer

Joe Sackman

Phone

5165411006

Tax Period

2023-01-01 to 2023-12-31

LONG ISLAND PROGRESSIVE COALITION INC, founded in 1979, is a small nonprofit that reported $517K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $499K left a modest 3% surplus.

Mission

LIPC is a grassroots community-based organization dedicated to promoting sustainable development, revitalizing local communities, enhancing human dignity, creating effective democracy, and achieving

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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 $476,644

Program Service Revenue $39,996

Investment Income $227

Other Revenue $0

TOTAL REVENUE $516,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $398,758

Fundraising Expenses $0

Program Expenses $439,838

Other Expenses $100,554

TOTAL EXPENSES $499,312

Year-over-Year Comparison

	2023	2022	Change
Revenue	$516,867	$582,617	-0.1%
Expenses	$499,312	$552,864	-0.1%
Net Income	$17,555	$29,753	-0.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$105,881

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Farhana Islam	Board member	0.00	Director	$0	$0	$0
Shameika Hanson	Board member	0.00	Director	$0	$0	$0
Sarika Kumar	Board member	0.00	Director	$0	$0	$0
Kate Cartagena	Board member	0.00	Director	$0	$0	$0
Joe Sackman	Board member	0.00	Director	$0	$0	$0
Bri Sison-Gilmore	Board member	0.00	Director	$0	$0	$0
Lisa Tyson	Director	40.00	Officer	$105,881	$0	$105,881

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	$516,867	$499,312	$127,644	$17,555
2022	$582,617	$552,864	$132,818	$29,753
2021	$517,939	$529,201	$39,943	$-11,262
2020	$443,945	$419,909	$57,380	$24,036
2019	$420,784	$385,907	$54,806	$34,877
2018	$410,809	$463,538	$34,387	$-52,729

LONG ISLAND PROGRESSIVE COALITION INC