LONG ISLAND SOFTWARE & TECHNOLOGY NETWORK (EIN 113394239) - 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

1997

Legal Domicile

Principal Officer

PAUL TRAPANI

Phone

6312244400

Tax Period

2023-08-01 to 2024-07-31

LONG ISLAND SOFTWARE & TECHNOLOGY NETWORK, founded in 1997, is a small nonprofit that reported $163K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $182K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROMOTE AND ASSIST THE SOFTWARE, INFORMATION AND OTHER TECHNOLOGY INDUSTRIES ON LONG ISLAND

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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 $70,283

Program Service Revenue $92,489

Investment Income $255

Other Revenue $0

TOTAL REVENUE $163,027

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,186

Other Expenses $182,370

TOTAL EXPENSES $182,370

Year-over-Year Comparison

	2023	2022	Change
Revenue	$163,027	$177,717	-0.1%
Expenses	$182,370	$175,950	+0.0%
Net Income	$-19,343	$1,767	-11.9%

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

N/A

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

Total Directors

$39,480

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL TRAPANI	PRESIDENT	24.00	Officer Director	$0	$0	$0
DR YACOV SHAMASH	CHAIRMAN	1.00	Director	$0	$0	$0
TYLER ROYE	VICE CHAIRMAN	0.00	Director	$0	$0	$0
PETER GOLDSMITH	CHAIRMAN	35.00	Director	$39,480	$0	$39,480
KENNETH CERINI	TREASURER	0.00	Director	$0	$0	$0
RUSSELL ARTZT	EXECUTIVE BOARD	0.00	Director	$0	$0	$0
IRA HALPERIN	GENERAL COUNSEL	0.00	Director	$0	$0	$0
DAVID ANTAR	DIRECTOR	0.00	Director	$0	$0	$0
BARBARA PORTER	EXECUTIVE BOARD	0.00	Director	$0	$0	$0
DR BABAK D BEHESHTI	DIRECTOR	0.00	Director	$0	$0	$0
EDWARD BONAHUE	DIRECTOR	0.00	Director	$0	$0	$0
LUANN BRIDGES	DIRECTOR	0.00	Director	$0	$0	$0
DREW CAVADIAS	DIRECTOR	0.00	Director	$0	$0	$0
SETH COLLINS	DIRECTOR	0.00	Director	$0	$0	$0
JOHN CULBERTSON	DIRECTOR	0.00	Director	$0	$0	$0
ED EISENSTEIN	DIRECTOR	0.00	Director	$0	$0	$0
JAY FUND	DIRECTOR	0.00	Director	$0	$0	$0
AJAY SINGAL	DIRECTOR	0.00	Director	$0	$0	$0
JOE GIORDANO	DIRECTOR	0.00	Director	$0	$0	$0
MIYA JONES	DIRECTOR	0.00	Director	$0	$0	$0
ANIL KAPOOR	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL LANE	DIRECTOR	0.00	Director	$0	$0	$0
DAVID C LEE	DIRECTOR	0.00	Director	$0	$0	$0
DR JANET A LENAGHAN	DIRECTOR	0.00	Director	$0	$0	$0
WALDEN LEVERICH	DIRECTOR	0.00	Director	$0	$0	$0
JOELY LEIDNER	DIRECTOR	0.00	Director	$0	$0	$0
SOPHY LU	DIRECTOR	0.00	Director	$0	$0	$0
ANDY MANK	DIRECTOR	0.00	Director	$0	$0	$0
JOHN MCGUIRK	DIRECTOR	0.00	Director	$0	$0	$0
RAJ MEHTA	DIRECTOR	0.00	Director	$0	$0	$0
WYNNE NOWLAND	DIRECTOR	0.00	Director	$0	$0	$0
SUBRINA OLIVER	DIRECTOR	0.00	Director	$0	$0	$0
MAGDALONIE PARIS-CAMPBELL	DIRECTOR	0.00	Director	$0	$0	$0
CHRIS PENDERGAST	DIRECTOR	0.00	Director	$0	$0	$0
STEVEN POLITIS	DIRECTOR	0.00	Director	$0	$0	$0
THERESA REGNANTE	DIRECTOR	0.00	Director	$0	$0	$0
ANDREW RUDITSER	DIRECTOR	0.00	Director	$0	$0	$0
THERESA SANDERS	DIRECTOR	0.00	Director	$0	$0	$0
GUS SPATHIS	DIRECTOR	0.00	Director	$0	$0	$0
VICTORIA SCHNEPS	DIRECTOR	0.00	Director	$0	$0	$0
FRANK SCOZZARI	DIRECTOR	0.00	Director	$0	$0	$0
ALLISON ROYE	DIRECTOR	0.00	Director	$0	$0	$0
DAVID SALBEGO	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL SARGENTI	DIRECTOR	0.00	Director	$0	$0	$0
RICHARD TEED	DIRECTOR	0.00	Director	$0	$0	$0
RACHITA TIVAKARAN	DIRECTOR	0.00	Director	$0	$0	$0
TERESA VARELA	DIRECTOR	0.00	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
2024	$163,027	$182,370	$100,992	$-19,343
2023	$177,717	$175,950	$120,335	$1,767
2022	$201,874	$166,195	$118,568	$35,679
2021	$153,896	$215,646	$82,889	$-61,750
2020	$199,448	$266,092	$144,639	$-66,644
2019	$262,024	$265,176	$211,283	$-3,152

LONG ISLAND SOFTWARE & TECHNOLOGY NETWORK