DOMINICAN UNIVERSITY NEW YORK (EIN 131967322) - 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

1952

Legal Domicile

Principal Officer

DR MANUEL MARTINEZ

Phone

8458487814

Tax Period

2024-07-01 to 2025-06-30

DOMINICAN UNIVERSITY NEW YORK, founded in 1952, is a mid-sized nonprofit that reported $60.3M in total revenue in fiscal year 2024.

Mission

PROMOTE EDUCATIONAL EXCELLENCE, LEADERSHIP, & SERVICE VIA A STRONG COMMITMENT TO OUR STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,653,633

Program Service Revenue $53,420,751

Investment Income $745,602

Other Revenue $523,611

TOTAL REVENUE $60,343,597

Expense Breakdown

Grants Paid $19,339,758

Salaries & Benefits $20,979,238

Fundraising Expenses $1,094,887

Program Expenses $53,215,876

Other Expenses $20,485,341

TOTAL EXPENSES $60,804,337

Year-over-Year Comparison

	2024	2023	Change
Revenue	$60,343,597	$60,889,187	0.0%
Expenses	$60,804,337	$58,279,640	+0.0%
Net Income	$-460,740	$2,609,547	-1.2%

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

728

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

$566,915

Total Directors

$277,784

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MANUEL MARTINEZ	PRESIDENT (AS OF 07/24)	35.00	Officer Director	$248,633	$11,151	$259,784
MARY HUGHES OP	INTERIM PRESIDENT (THRU 07/24)	35.00	Officer Director	$0	$0	$0
SR NOREEN WALSH	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVEN T SABATINI	CHAIR	10.00	Officer Director	$0	$0	$0
DR JOAN H FACELLE MD	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JOHN BARTOLOTTA	TRUSTEE	3.00	Director	$0	$0	$0
LAWRENCE BATES	TRUSTEE	2.00	Director	$0	$0	$0
JOSEPH CHARLES	TRUSTEE	2.00	Director	$0	$0	$0
ANDREW COOKE	TRUSTEE	2.00	Director	$0	$0	$0
JOHN T DILLON JR	TRUSTEE	7.00	Director	$0	$0	$0
DOROTHY C FILORAMO	TRUSTEE	2.00	Director	$0	$0	$0
SR MARY FLOOD OP MD PH	TRUSTEE	2.00	Director	$0	$18,000	$18,000
DR JOHN FLYNN	TRUSTEE	5.00	Director	$0	$0	$0
WILLIAM GOVE	TRUSTEE	2.00	Director	$0	$0	$0
DR BERNADETTE KAPPEN	TRUSTEE	2.00	Director	$0	$0	$0
MARY LEAHY	TRUSTEE	2.00	Director	$0	$0	$0
LILIANA LOPEZ	TRUSTEE	2.00	Director	$0	$0	$0
KENNETH R MARKS	TRUSTEE	2.00	Director	$0	$0	$0
BARBARA MCENEAY OP	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL MCLAUGHLIN	TRUSTEE	2.00	Officer Director	$0	$0	$0
THOMAS MCNAMARA	TRUSTEE	2.00	Director	$0	$0	$0
JAMES O'BRIEN	TRUSTEE	5.00	Director	$0	$0	$0
SR MARY EILEEN O'BRIEN OP	TRUSTEE	2.00	Director	$0	$0	$0
RON OLORI JR	TRUSTEE	2.00	Director	$0	$0	$0
DR CLEMENT Y OSEI MD	TRUSTEE	2.00	Director	$0	$0	$0
ROSS PEPE	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL PERRY	TRUSTEE (THRU 06/30/25)	2.00	Director	$0	$0	$0
BRIAN QUINN	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL SANTOS	TRUSTEE	2.00	Director	$0	$0	$0
DR ERINMARIE SULLIVAN	TRUSTEE	2.00	Director	$0	$0	$0
JAMES T TOOLEN	TRUSTEE	3.00	Director	$0	$0	$0
SR DIDI MADDEN	TRUSTEE (AS OF 07/24)	2.00	Director	$0	$0	$0
EDWARD TED DOERING	TRUSTEE (AS OF 07/24)	2.00	Director	$0	$0	$0
KATHLEEN MCMANUS	TRUSTEE (AS OF 07/24)	2.00	Director	$0	$0	$0
ANTHONY J CIPOLLA	VP FINANCIAL AFFAIRS	35.00	Officer	$151,727	$18,451	$170,178
THOMAS NOWAK	VP OF ACADEMIC AFFAIRS	35.00	Officer	$128,312	$8,641	$136,953
MICHAEL KELLY	DIRECTOR OF GRADUATE STUDIES	35.00	Highest	$150,731	$21,947	$172,678
JOSEPH VALENTI	VP INSTITUTIONAL ADVANCEMENT	35.00	Highest	$155,565	$34,218	$189,783
JOHN BURKE	VP FOR STUDENT AFFAIRS	35.00	Highest	$165,967	$34,293	$200,260
NANCY DIDONA	PROFESSOR AND DIRECTOR, NURSING	35.00	Highest	$161,757	$248	$162,005
RUSSELL DIAZ	EXECUTIVE DIRECTOR OF IT	35.00	Highest	$137,554	$19,487	$157,041

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	$60,343,597	$60,804,337	$72,566,808	$-460,740
2024	No data	No data	No data	No data
2023	$55,335,082	$57,558,718	$72,676,734	$-2,223,636
2022	$57,989,040	$59,168,077	$71,451,145	$-1,179,037
2021	$60,983,809	$57,797,822	$75,157,140	$3,185,987
2020	$60,998,009	$58,235,958	$67,958,899	$2,762,051
2019	$58,860,500	$58,108,489	$64,065,311	$752,011
2018	$57,066,950	$56,033,056	$64,213,015	$1,033,894

DOMINICAN UNIVERSITY NEW YORK