Manhasset, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Manhasset Student Aid Association, founded in 1967, is a micro nonprofit in the Education sector that reported $38K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $46K exceeded revenue, resulting in a 21% operating deficit.
The primary goal of the Manhasset Student Association is to insure that no young man or woman residing in Manhasset will be barred from a serious pursuit of post high school education due to financial inability.The Manhasset Student Aid Association offers grant and interest-free loans to deserving students in order to supplement other available sources of funds as long as may be required for attendance at special training courses, vocational schools, two-year or four-year colleges, and in some cases, for graduate school.
The organization was able to raise funds through donations to continue its mission of assisting college students with interest free loans and grants. An eligibility criteria is provided to all...
The organization was able to raise funds through donations to continue its mission of assisting college students with interest free loans and grants. An eligibility criteria is provided to all applicants and included on the organizations website.
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 | $38,461 | $79,264 | -0.5% |
| Expenses | $46,484 | $46,549 | 0.0% |
| Net Income | $-8,023 | $32,715 | -1.2% |
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 |
|---|---|---|---|---|---|---|
| Rich Lombard | President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Diane Harragan | Director | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Constance Knies | Vice President-Fundraising | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gary Stein | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Colleen Sharkey | Vice President- Selection | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Maureen Lavin | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Christy Weppler | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Donna Cullinan-Gillis | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Kristy Wede | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Sandra Liu Chen | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Rachel Yemm | Recording Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ralph Desena | Executive Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nicole Bisgeier | Vice President- Selection | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $38,461 | $46,484 | $249,243 | $-8,023 |
| 2023 | $79,264 | $46,549 | $257,266 | $32,715 |
| 2022 | $46,898 | $46,468 | $224,551 | $430 |
| 2021 | $34,260 | $66,092 | $224,120 | $-31,832 |
| 2020 | $45,981 | $71,007 | $255,952 | $-25,026 |
| 2019 | $55,714 | $69,650 | $280,978 | $-13,936 |
| 2018 | $38,526 | $89,014 | $294,914 | $-50,488 |
Compare Manhasset Student Aid Association with other nonprofits in New York and across the country.