LONG ISLAND NETWORK OF COMMUNITY SERVICES INC

EIN: 113391048 501(c)(3)

HAUPPAUGE, NY

Total Revenue
$2,018,337
Total Expenses
$272,852
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
COLIN PEARSALL
Phone
6314790010
Tax Period
2019-01-01 to 2019-12-31

LONG ISLAND NETWORK OF COMMUNITY SERVICES INC, founded in 1997, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2019. Revenue surged 283% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 86% operating margin.

Mission

TO ENHANCE THE PROGRAMS OF PUBLICLY SUPPORTED HEALTH AND HUMAN SERVICE ORGANIZATIONS, LINCS ASSISTED LONG ISLAND NON-PROFIT AGENCIES WITH THEIR INFRASTRUCTIRE, CAPACITY BUILDING, FUNDRAISING EVENTS AND JOINT COMMUNITY PROGRAMS IN CONJUCTION WITH OTHER LOCAL AGENCIES REGARDING MAJOR HEALTH AND SOCIAL ISSUES ACROSS LONG ISLAND. LINCS WAS THE OWNER OF A 30,000 SQUARE FOOT BUILDING HOUSING THEIR OPERATIONS AND WAS THE HEADQUARTERS FOR TWO OTHER NOT-FOR-PROFIT AGENCIES ON LONG ISLAND. HOUSED IN LINCS' 3,000 SQUARE FOOT BUILDING IS A 2,500 SQUARE FOOT COMMUNITY CENTER WHICH IS SPACE THAT WAS DONATED TO LIAAC, WIC AND OTHER NOT-FOR-PROFITS FOR VOLUNTEER FUNCTIONS, CLIENT FUNCTIONS, JOB FAIRS AND EDUCATIONAL WEBINARS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $42,682
Program Service Revenue $59,790
Investment Income $1,844,759
Other Revenue $71,106
TOTAL REVENUE $2,018,337

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,758
Fundraising Expenses $0
Program Expenses $256,480
Other Expenses $159,094
TOTAL EXPENSES $272,852

Year-over-Year Comparison

2019 2018 Change
Revenue $2,018,337 $527,564 +2.8%
Expenses $272,852 $641,194 -0.6%
Net Income $1,745,485 $-113,630 -16.4%
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
8
Independent Members
7
Employees
7
Volunteers
7

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
4
$37,417
Total Directors
6
$37,417
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER SOLASKI MS EXEC. DIRECTOR 20.00
Officer Director
$37,417 $0 $37,417
COLIN PEARSALL Executive Dir. 15.00
Officer Director
$0 $0 $0
THOMAS DIMICELLI BS BD.CHAIR/TREAS. 5.00
Officer Director
$0 $0 $0
THOMAS J FABBRICANTE BS VICE CHAIR 1.00
Officer Director
$0 $0 $0
DEBRA WABNIK ESQ BOARD MEMBER 15.00
Director
$0 $0 $0
CATHERINE HART LMSW BOARD MEMBER 15.00
Director
$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
2019 $2,018,337 $272,852 No data $1,745,485
2018 $527,564 $641,194 $3,488,577 $-113,630
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