ROCKLAND BUSINESS ASSOCIATION INC (EIN 132603907) - 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

1967

Legal Domicile

Phone

8457352100

Tax Period

2023-01-01 to 2023-12-31

ROCKLAND BUSINESS ASSOCIATION INC, founded in 1967, is a small nonprofit that reported $383K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

PROVIDE MEMBERS-ROCKLAND COUNTY BUSINESS ISSUES/NEEDS

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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 $0

Program Service Revenue $197,880

Investment Income $1,147

Other Revenue $183,628

TOTAL REVENUE $382,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $295,540

Fundraising Expenses $0

Other Expenses $79,417

TOTAL EXPENSES $374,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$382,655	$468,520	-0.2%
Expenses	$374,957	$377,525	0.0%
Net Income	$7,698	$90,995	-0.9%

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

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

$168,000

Total Directors

$168,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AL SAMUELS	PRESIDENT	40.00	Officer Director	$168,000	$0	$168,000
JUDITH BACHMAN	VICE CHAIR	20.00	Officer Director	$0	$0	$0
SR MARY EILEEN O'BRIEN	DIRECTOR	20.00	Director	$0	$0	$0
MATT RAND	Director	20.00	Director	$0	$0	$0
DEBRA BOENING	VICE CHAIR	20.00	Officer Director	$0	$0	$0
SHELDON S HOROWITZ	PAST CHAIR	20.00	Officer Director	$0	$0	$0
MARIAN ROKEACH	DIRECTOR	20.00	Director	$0	$0	$0
ROBIN E ROSENBERG	Director	20.00	Director	$0	$0	$0
MICHAEL SHILALE	SECRETARY	20.00	Officer Director	$0	$0	$0
RICHARD W SYREK	VICE CHAIR	20.00	Officer Director	$0	$0	$0
DAVID PALMA	Director	20.00	Director	$0	$0	$0
WILLIAM R HELMER	DIRECTOR	20.00	Director	$0	$0	$0
THOMAS RAU	Chairman	20.00	Officer Director	$0	$0	$0
MICHAEL BECKERLE	VICE CHAIR	20.00	Officer Director	$0	$0	$0
LENA BODIN	Treasurer	20.00	Officer Director	$0	$0	$0
JOSEPH R LAGANA	VICE CHAIR	20.00	Officer Director	$0	$0	$0
JAN DEGENSHEIN	DIRECTOR	20.00	Director	$0	$0	$0
DR MARY LEAHY	DIRECTOR	20.00	Director	$0	$0	$0
LARRY WEISS	DIRECTOR	20.00	Director	$0	$0	$0
BILL MADDEN	DIRECTOR	20.00	Director	$0	$0	$0
DR MARK GELLER	DIRECTOR	20.00	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	$382,655	$374,957	$145,226	$7,698
2022	$468,520	$377,525	$151,258	$90,995
2021	$349,150	$386,573	$79,519	$-37,423
2020	$427,253	$506,447	$91,913	$-79,194
2019	$712,313	$706,567	$65,621	$5,746
2018	$738,957	$752,524	$59,875	$-13,567

ROCKLAND BUSINESS ASSOCIATION INC