STONY BROOK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC, founded in 1989, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 31% operating deficit.
THE LONG ISLAND HIGH TECHNOLOGY INCUBATOR (LIHTI) IS A NON-PROFIT ORGANIZATION THAT SUPPORTS AND STABILIZES EARLY-STAGE, HIGH-RISK, HIGH-TECH BUSINESSES. WE ARE DEDICATED TO HELPING NEW TECHNOLOGICALLY-INNOVATIVE COMPANIES GROW BY PROVIDING THEM WITH A VARIETY OF SUPPORT RESOURCES AND SERVICES. IN ADDITION TO ITS BEAUTIFUL SETTING, LIHTI'S LOCATION ON THE STONY BROOK UNIVERSITY CAMPUS ENABLES THE TRANSFER OF IDEAS FROM THE UNIVERSITY TO THE PRIVATE SECTOR. THE COMPANIES THAT DEVELOP AND GROW AS A RESULT OF BEING A PART OF THE INCUBATOR CREATE JOBS AND EXPAND THE TAX BASE ON LONG ISLAND AND IN NEW YORK STATE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,840,280 | $2,672,338 | -0.3% |
| Expenses | $2,413,358 | $2,648,163 | -0.1% |
| Net Income | $-573,078 | $24,175 | -24.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RYAN WELCH | FACILITES AND OPS. MGR., SECRETARY | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN DIBBINS | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID MARCUS | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| KACY BULLARD | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| JON LONGTIN | DIRECTOR (RESIGNED 12/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| NICHOLAS QUERQUES | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| LYLE GOMES | DIRECTOR (RESIGNED 12/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| ROBERT BRILL | DIRECTOR (RESIGNED 9/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| PAUL SHEIFFELE | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| PETER DONNELLY | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD REEDER | EX-OFFICIO,VICE CHAIR(RESIGNED 7/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| ANIL DHUNDALE | RESIGNED AS ED, BACK TO BOD 11/23 | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIGUEL GARCIA-DIAZ | EX-OFFICIO, DIRECTOR (RESIGNED 5/24) | 0.20 |
Director
|
$0 | $0 | $0 |
| KEVIN GARDNER | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| ANDREW L WOOTEN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,840,280 | $2,413,358 | $16,794,320 | $-573,078 |
| 2023 | $2,672,338 | $2,648,163 | $6,097,369 | $24,175 |
| 2022 | $2,896,349 | $2,738,521 | $6,430,932 | $157,828 |
| 2021 | $2,198,556 | $2,387,176 | $6,310,219 | $-188,620 |
| 2020 | $2,462,102 | $2,265,730 | $6,613,942 | $196,372 |
| 2019 | $2,124,937 | $2,060,389 | $6,345,484 | $64,548 |
| 2018 | $1,864,599 | $1,883,323 | $6,410,602 | $-18,724 |
Compare LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC with other nonprofits in New York and across the country.