LIA Foundation Inc

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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

2000

Legal Domicile

Principal Officer

Kevin S Law

Phone

6314933000

Tax Period

2018-01-01 to 2018-12-31

LIA Foundation Inc, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $167K in total revenue in fiscal year 2018. Revenue fell 56% from the prior year — a significant decline worth monitoring.

Mission

THE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE SUPPORT TO ITS PARENT ORGANIZATION, THE LONG ISLAND ASSOCIATION, INC. THE FOUNDATION SOLICITS GRANTS AND CONTRIBUTIONS FOR FUTURE PROJECTS THAT BENEFIT LONG ISLAND. THE FOUNDATION PROVIDED $162,100 IN SUPPORT TO THE LONG ISLAND ASSOCIATION IN CALENDAR YEAR 2018.

Program Service Accomplishments

Program 1

Expenses: $100,000 Revenue: $0

During 2018, the Foundation released $100,000 of grants to support the right track for long island coalition and other infrastructure projects.

Program 2

Expenses: $62,100

DURING 2018, THE FOUNDATION RELEASED $62,100 OF GRANTS AND SPONSORSHIPS TO SUPPORT VARIOUS LONG ISLAND ASSOCIATION PROGRAMS, PUBLICATIONS AND STUDIES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $167,100

Program Service Revenue $0

Investment Income $80

Other Revenue $0

TOTAL REVENUE $167,180

Expense Breakdown

Grants Paid $162,100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $162,100

Other Expenses $1,390

TOTAL EXPENSES $163,490

Year-over-Year Comparison

	2018	2017	Change
Revenue	$167,180	$383,210	-0.6%
Expenses	$163,490	$453,710	-0.6%
Net Income	$3,690	$-70,500	-1.1%

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

$140,306

Total Directors

$523,853

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN CULLEN	DIRECTOR	1.0	Director	$0	$0	$0
KEVIN s LAW	director, LIA president & ceo	1.0	Director	$0	$59,081	$523,853
ROBERT CATELL	DIRECTOR	1.0	Director	$0	$0	$0
CHARLES STRAIN	DIRECTOR	1.0	Director	$0	$0	$0
Lawrence Waldman	Chairman	1.0	Director	$0	$0	$0
Michelle Byrne	Chief Financial Officer	1.0	Officer	$0	$27,227	$140,306

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
2018	$167,180	$163,490	$55,480	$3,690