NYSARC INC - WESTCHESTER COUNTY CH… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Principal Officer

Tibisay GUZMAN

Phone

9144954623

Tax Period

2023-01-01 to 2023-12-31

NYSARC INC - WESTCHESTER COUNTY CHAPTER, founded in 1949, is a mid-sized nonprofit in the Human Services sector that reported $57.9M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

TO PROVIDE INNOVATIVE SUPPORTS FOR CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES, TO BUILD INDEPENDENCE, ACHIEVE PERSONAL GOALS AND STRENGTHEN COMMUNITY PARTICIPATION.

Program Service Accomplishments

Program 1

Expenses: $31,588,927 Revenue: $32,122,136

A total of 31 homes and apartments throughout Rockland County. Each living environment is home to a small group of people whose ages, interests, and levels of ability are similar. Supervision and...

A total of 31 homes and apartments throughout Rockland County. Each living environment is home to a small group of people whose ages, interests, and levels of ability are similar. Supervision and support up to 24-hours a day.

Program 2

Expenses: $11,322,872 Revenue: $13,380,821

DAY SERVICES - THE GOAL OF THE ADULT DAY SERVICES IS TO HELP ADULTS WHO HAVE DEVELOPMENTAL DISABILITIES TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE MEMBERS OF SOCIETY. THE ORGANIZATION STRIVES TO...

DAY SERVICES - THE GOAL OF THE ADULT DAY SERVICES IS TO HELP ADULTS WHO HAVE DEVELOPMENTAL DISABILITIES TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE MEMBERS OF SOCIETY. THE ORGANIZATION STRIVES TO MEET THE GOAL BY PROVIDING A CONTINUUM OF DAY SERVICES TO INDIVIDUALS DEPENDING UPON NEED AND PERSONAL PREFERENCE. A) DAY HABILITATION: TEACHES INDIVIDUALS TO EFFECTIVELY UTILIZE COMMUNITY SERVICES. B) PREVOCATIONAL: ASSISTING THE PERSON TO ADJUST TO THE PRODUCTIVE AND SOCIAL RELATIONSHIP DEMANDS OF THE WORKPLACE. DIAGNOSTIC VOCATIONAL EVALUATION FOR DEVELOPMENTALLY DISABLED INDIVIDUALS THROUGH VESID SPONSORSHIP. C) CHOICES: A BLEND OF DAY HABILITATION, SUPPORTED WORK AND VOLUNTEER WORK THROUGH SMALL GROUP EXPERIENCES IN THE COMMUNITY. D) TRANSITIONAL SERVICES: HELPS PREPARE STUDENTS WITH DEVELOPMENTAL DISABILITIES WHO ARE GRADUATING FROM HIGH SCHOOL FOR A SUCCESSFUL TRANSITION INTO THE ADULT WORLD. TRANSITIONAL STAFF WORKS CLOSELY WITH STUDENTS, THEIR FAMILIES AND TEACHERS TO DEVELOP CAREER PLANS THAT WILL HELP YOUNG ADULTS TO REALIZE SATISFYING CAREERS AND TO BECOME CONTRIBUTING MEMBERS OF THEIR COMMUNITIES.

Program 3

Expenses: $3,853,734 Revenue: $3,549,858

PRESCHOOL - PROVIDES EDUCATIONAL, SOCIAL AND SUPPORT SERVICES FOR CHILDREN, FROM BIRTH TO FIVE YEARS OF AGE, AND THEIR FAMILIES. THESE SERVICES ARE PROVIDED BASED ON THE PHILOSOPHY THAT CHILDREN, AND THEIR FAMILIES, SHOULD BE GIVEN A CHOICE OF RESOURCES TO MAXIMIZE THEIR CHILD'S POTENTIAL. OUR SERVICES PROVIDE INCLUSION INTO COMMUNITY LIFE IN SETTINGS WHERE CHILDREN WHO HAVE A WIDE RANGE OF ABILITIES AND INTERESTS ARE ACCEPTED. THE CURRICULUM IS DESIGNED TO ENHANCE CHILDREN'S SELF ESTEEM, AN ESSENTIAL ELEMENT OF POSITIVE GROWTH AND DEVELOPMENT. OVER 260 STUDENTS SERVED.

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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 $3,677,332

Program Service Revenue $53,512,858

Investment Income $271,002

Other Revenue $406,768

TOTAL REVENUE $57,867,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,428,434

Fundraising Expenses $0

Program Expenses $52,303,319

Other Expenses $13,923,853

TOTAL EXPENSES $56,352,287

Year-over-Year Comparison

	2023	2022	Change
Revenue	$57,867,960	$63,538,311	-0.1%
Expenses	$56,352,287	$61,243,025	-0.1%
Net Income	$1,515,673	$2,295,286	-0.3%

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

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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

822

Volunteers

224

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

$747,370

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tibisay Guzman	EXECUTIVE DIRECTOR/CEO	35.0	Officer	$323,022	$97,478	$420,500
Soosan Tehrani	CFO	35.0	Officer	$246,211	$80,659	$326,870
Cheryl Corbett	Controller	35.0	Highest	$181,253	$32,342	$213,595
Myriam Vocke	DIRECTOR, HUMAN RESOURCES	35.0	Highest	$154,279	$39,697	$193,976
Laurel Ross	QI DIRECTOR	35.0	Highest	$144,669	$30,517	$175,186
LINDA APFEL	NURSING DIRECTOR	35.0	Highest	$144,006	$25,657	$169,663
DEBORAH MONDELLO	SR. ASSIST EXECUTIVE DIRECTOR	35.0	Highest	$117,410	$18,310	$135,720
JEFFREY WOOD	Pres(thru 6/23), DIR(EFF 7/23)	0.75	Officer Director	$0	$0	$0
Steven Masket ESQ	DIR(THRU 6/23) PRES(EFF 7/23)	0.75	Officer Director	$0	$0	$0
ROBERT NUCCIO	Treasurer	0.75	Officer Director	$0	$0	$0
Danusia Pawska	SECRETARY	0.75	Officer Director	$0	$0	$0
KYLE O'LOUGHLIN-CAHILL	DIRECTOR	0.75	Director	$0	$0	$0
KATHARINE WILSON CONROY ESQ	DIRECTOR	0.75	Director	$0	$0	$0
Robert Bernstein	Director	0.75	Director	$0	$0	$0
Debra Bornstein	Director	0.75	Director	$0	$0	$0
John Barrett	Director	0.75	Director	$0	$0	$0
Daphne Daddino	Director	0.75	Director	$0	$0	$0
Robert Diana	Director (THRU 6/23)	0.75	Director	$0	$0	$0
AUSTIN HARRIS	Director	0.75	Director	$0	$0	$0
Carolyn Holodak	Director	0.75	Director	$0	$0	$0
CHRISTOPHER ORLANDO DPM	Director	0.75	Director	$0	$0	$0
ROBERT PICONE	Director	0.75	Director	$0	$0	$0
Abby Reuben	Director	0.75	Director	$0	$0	$0
Rosa Rodriguez	Director	0.75	Director	$0	$0	$0
MICHAEL BRIGANTI	DIRECTOR (EFF. 7/23)	0.75	Director	$0	$0	$0
JACOB CANE	DIRECTOR (EFF. 7/23)	0.75	Director	$0	$0	$0
MARY COSTELLO-LAZARE	DIRECTOR (EFF. 7/23)	0.75	Director	$0	$0	$0
MARK GLUCKSMAN	DIRECTOR (EFF. 7/23)	0.75	Director	$0	$0	$0
JENNIFER HUGGINS	DIRECTOR (EFF. 7/23)	0.75	Director	$0	$0	$0
JOHN MCANDREW	DIRECTOR(EFF. 7/23)	0.75	Director	$0	$0	$0
BRADLY SERLIN	DIRECTOR (EFF. 7/23)	0.75	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	No data	No data	No data	No data
2023	$57,867,960	$56,352,287	$49,377,903	$1,515,673
2022	$63,538,311	$61,243,025	$47,681,017	$2,295,286
2021	$53,348,412	$51,514,844	$46,101,635	$1,833,568
2020	$53,447,499	$52,654,237	$49,124,738	$793,262
2019	$55,648,707	$54,855,212	$47,261,373	$793,495
2018	$55,264,703	$55,077,779	$41,870,986	$186,924

NYSARC INC - WESTCHESTER COUNTY CHAPTER