AMIC HOLDING CO INC

EIN: 133071196 501(c)(3)

BRIARCLIFF MANOR, NY

Total Revenue
$163,798
Total Expenses
$268,753
Total Assets
$1,376,413
Net Assets
$451,290
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
NY
Principal Officer
MARLENE CHEATHAM
Phone
9149419513
Tax Period
2024-01-01 to 2024-12-31

AMIC HOLDING CO INC, founded in 1980, is a small nonprofit that reported $164K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $269K exceeded revenue, resulting in a 64% operating deficit.

Mission

TO OWN THE PROPERTY USED EXCLUSIVELY FOR THE USE OF ASSOCIATION FOR MENTALLY ILL CHILDREN OF WESTCHESTER, INC. (THE CLEAR VIEW SCHOOL). TO PROTECT THE ASSETS OF THE AGENCY WHILE PROVIDING EDUCATIONAL AND MENTAL HEALTH SERVICES TO MR & MH POPULATIONS

Program Service Accomplishments

Program 1
Expenses: $193,302 Revenue: $163,798

PASSTHROUGH RENT EARNED DUE THE CLEARVIEW SCHOOL'S USE OF THE FIXED ASSETS. EXPENSES IS COMPRISED OF DEPRECIATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $163,798
TOTAL REVENUE $163,798

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $193,302
Other Expenses $268,753
TOTAL EXPENSES $268,753

Year-over-Year Comparison

2024 2023 Change
Revenue $163,798 $177,421 -0.1%
Expenses $268,753 $264,477 +0.0%
Net Income $-104,955 $-87,056 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
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
1
$11,596
Total Directors
11
$11,596
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID W MCGORRY CHAIRPERSON 0.20
Director
$0 $0 $0
JOHN MURPHY VICE PRESIDENT 0.20
Director
$0 $0 $0
FERN QUEZADA SECRETARY 0.20
Director
$0 $0 $0
MARLENE CHEATHAM EXECUTIVE DIRECTOR 4.00
Officer Director
$11,596 $0 $11,596
MICHAEL PISCITELLI TREASURER 0.20
Director
$0 $0 $0
ELIZABETH KASULKA DIRECTOR 0.20
Director
$0 $0 $0
LAWRENCE KENNEDY DIRECTOR 0.20
Director
$0 $0 $0
CHARLES DEVLIN DIRECTOR 0.20
Director
$0 $0 $0
MARY MANSI DIRECTOR 0.20
Director
$0 $0 $0
DANIEL WEINFELD DIRECTOR 0.20
Director
$0 $0 $0
MATTHEW BROWN DIRECTOR 0.20
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 $163,798 $268,753 $1,376,413 $-104,955
2023 $177,421 $258,928 $1,500,258 $-81,507
2022 $190,797 $166,122 $24,675 $24,675
2021 $188,108 $163,433 $60,000 $24,675
2020 $186,507 $325,159 $95,325 $-138,652
2019 $122,425 $257,429 $298,977 $-135,004
2018 $127,681 $268,000 $488,981 $-140,319
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AMIC HOLDING CO INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.