WORLDSCALE ASSOCIATION (NYC) INC

EIN: 132726793

NEW YORK, NY

Total Revenue
$1,933,912
Total Expenses
$1,835,736
Total Assets
$4,109,236
Net Assets
$2,271,173
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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
1972
Legal Domicile
DE
Principal Officer
THOMAS CUMMING
Phone
2124222786
Tax Period
2025-01-01 to 2025-12-31

WORLDSCALE ASSOCIATION (NYC) INC, founded in 1972, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 5% surplus.

Mission

TO ANALYZE SHIPPING COSTS AND PUBLISH ITS FINDINGS FOR SUBSCRIBING MEMBERS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,627,096
Investment Income $132,666
Other Revenue $174,150
TOTAL REVENUE $1,933,912

Expense Breakdown

Grants Paid $33,850
Salaries & Benefits $1,283,801
Fundraising Expenses $0
Other Expenses $518,085
TOTAL EXPENSES $1,835,736

Year-over-Year Comparison

2025 2024 Change
Revenue $1,933,912 $1,675,422 +0.2%
Expenses $1,835,736 $1,807,952 +0.0%
Net Income $98,176 $-132,530 -1.7%
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

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Governance

Voting Members
7
Independent Members
7
Employees
7
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
6
$481,000
Total Directors
7
$35,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BASIL G MAVROLEON CHAIRMAN/PRESIDENT 2.50
Officer Director
$5,000 $0 $5,000
BRUCE SULLIVAN VICE CHAIRMAN/VICE-PRESIDE 1.75
Officer Director
$5,000 $0 $5,000
CHRISTOPER C YOUNG TREASURER 1.50
Officer Director
$5,000 $0 $5,000
PETER HOWARD-JOHNSON JR SECRETARY 1.50
Officer Director
$5,000 $0 $5,000
CLARE SCHMIDT DIRECTOR 1.25
Director
$5,000 $0 $5,000
JOHN STICHTER DIRECTOR 1.25
Director
$5,000 $0 $5,000
NEIL MULHERN DIRECTOR 1.25
Director
$5,000 $0 $5,000
THOMAS CUMMING EXECUTIVE DIRECTOR 40.00
Officer
$257,000 $24,500 $281,500
ELENOR MCGORTY OPERATIONS DIRECTOR 40.00
Officer
$162,000 $17,500 $179,500
FAMATTA FREEMAN MANAGER OF RATES & SYSTEMS 40.00
Highest
$114,946 $10,554 $125,500
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 $1,933,912 $1,835,736 $4,109,236 $98,176
2024 No data No data No data No data
2023 $1,427,126 $1,822,805 $3,878,449 $-395,679
2022 $1,283,281 $1,706,048 $4,101,775 $-422,767
2021 $1,511,407 $1,781,247 $4,064,845 $-269,840
2020 $1,521,744 $1,805,654 $4,635,181 $-283,910
2019 $1,342,623 $1,905,764 $4,888,014 $-563,141
2018 $1,241,359 $1,795,917 $5,083,293 $-554,558
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