FIORELLO H LAGUARDIA COMMUNITY COLLEGE FOUNDATION INC (EIN 113623769) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

JAY GOLAN

Phone

7184825514

Tax Period

2024-07-01 to 2025-06-30

FIORELLO H LAGUARDIA COMMUNITY COLLEGE FOUNDATION INC, founded in 2003, is a mid-sized nonprofit in the Education sector that reported $16.8M in total revenue in fiscal year 2024. Revenue surged 317% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.5M, a strong 68% operating margin.

Mission

TO SUPPORT AND ENCOURAGE THE STUDENTS OF LAGUARDIA COMMUNITY COLLEGE IN THEIR ACADEMIC ENDEAVORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,000,918

Program Service Revenue $0

Investment Income $747,250

Other Revenue $59,336

TOTAL REVENUE $16,807,504

Expense Breakdown

Grants Paid $3,339,366

Salaries & Benefits $968,875

Fundraising Expenses $0

Program Expenses $4,693,264

Other Expenses $995,989

TOTAL EXPENSES $5,304,230

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,807,504	$4,030,551	+3.2%
Expenses	$5,304,230	$4,719,747	+0.1%
Net Income	$11,503,274	$-689,196	-17.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$548,904

Total Directors

$372,755

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH ADAMS	PRESIDENT	2.00	Officer Director	$0	$35,507	$372,755
CHARLES E BOYCE	CHAIR	2.00	Officer Director	$0	$0	$0
JOEL GLASKY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ERNEST VON SIMSON	TREASURER	2.00	Officer Director	$0	$0	$0
RACHEL HINES	BOARD MEMBER	2.00	Director	$0	$0	$0
SARA DAREHSHORI	BOARD MEMBER	2.00	Director	$0	$0	$0
NICOLAS NICOLAOU	BOARD MEMBER	2.00	Director	$0	$0	$0
PRISCILLA ALEXANDER	BOARD MEMBER	2.00	Director	$0	$0	$0
MARLENE DEBEL	BOARD MEMBER	2.00	Director	$0	$0	$0
JANE GREENE	BOARD MEMBER	2.00	Director	$0	$0	$0
GEOFF JUDGE	BOARD MEMBER	2.00	Director	$0	$0	$0
SUZIE SCANLON ESQ	BOARD MEMBER	2.00	Director	$0	$0	$0
YIFEI SHEN	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLES SIMON	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIC SLOVIN	BOARD MEMBER	2.00	Director	$0	$0	$0
NKONYE IWEREBON	BOARD MEMBER	2.00	Director	$0	$0	$0
KRISTIN KRAMER	BOARD MEMBER	2.00	Director	$0	$0	$0
BRUCE SPOHLER	BOARD MEMBER	2.00	Director	$0	$0	$0
JAY GOLAN	EXECUTIVE DIRECTOR	2.00	Officer	$0	$1,890	$176,149

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
2025	$16,807,504	$5,304,230	$29,594,533	$11,503,274
2024	$4,030,551	$4,719,747	$16,579,881	$-689,196
2023	$5,519,423	$6,952,122	$16,689,101	$-1,432,699
2022	$11,018,849	$5,114,902	$17,629,833	$5,903,947
2021	$4,156,412	$3,066,379	$12,344,204	$1,090,033
2020	$4,018,489	$3,261,111	$10,275,784	$757,378
2019	$5,060,082	$2,994,183	$9,423,877	$2,065,899
2018	$2,715,949	$2,741,581	$8,080,185	$-25,632

FIORELLO H LAGUARDIA COMMUNITY COLLEGE FOUNDATION INC