SOCIETY FOR THE PRESERVATION OF TH… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

ALBERT SASSON

Phone

5166592397

Tax Period

2017-12-01 to 2018-11-30

SOCIETY FOR THE PRESERVATION OF THE ARTS AND CRAFTS OF MANKIND INC, founded in 1978, is a micro nonprofit that reported $1K in total revenue in fiscal year 2017. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $228, a strong 17% operating margin.

Mission

EDUCATIONAL: PRESERVATION OF ENTREPRENEURSHIP,CULTURE GEMS, ART, MUSIC,RECORDINGS, AMERICAN SQUARE DANCE,LOCAL SPORTS TEAMS TRADITION OF PRIOR GENERATIONS

Program Service Accomplishments

Program 1

5. BOY SCOUTING ( TROOP 225) SPONSOR FOR CUB SCOUTS & WEBELOS- 6.PROGRAM AND ASSISTANCE TO OTHER NON-PROFITS: HELP HOSPITALIZED VET -0- U.S.O HOLIDAY DRIVE -0- OCCUPATIONAL THERAPY GRANT -S.DANDREA FOR REIMB -0- OF PLANTING SUPPLIES (HEBREW HOME & HOSPITAL FOR AGED BOUCKVILLE, NY ANTIQUES/PRESERVATION EVENT -0- BOYSCOUTS TROOP 225 -0- ICE RINK FEES & TRANSPORT FOR LOCAL SUBTEEN HOCKEY TEAM MEMBERS.............. -0- RICHMOND PILOTS-- ASSISTANCE WITH FORM 990 Y/E 2015 $ -0- ALLOCATED OVERHEAD LIMITED TO SUPPORT 2,600

Program 2

MANAGEMENT SERVICES TO SMALL NON-PROFIT ORGANIZATIONS:ACTIVE ..COMMUNITY ATHLETIC TEAMS (ACTIVE) ..THEMIS SOCIETY (INCEST VICTIM GROUP) NOW DISSOLVED ..SHARE COMPUTRZD 990 PREPARATION...

MANAGEMENT SERVICES TO SMALL NON-PROFIT ORGANIZATIONS:ACTIVE ..COMMUNITY ATHLETIC TEAMS (ACTIVE) ..THEMIS SOCIETY (INCEST VICTIM GROUP) NOW DISSOLVED ..SHARE COMPUTRZD 990 PREPARATION (ACTIVE)....ADM. ALLOC....................... COMMUNITY SERVICE- MAKE RECORDINGS OF OLDER GENERATIONS' BROADWAY SHOWS, FILMS AND GIVE TO HOMEBOUND ELDERLY, AND OR/ CREATE INTEREST IN YOUNGER GENERATIONS TO VIEW, HEAR AND ATTEND ART FORMS, ( EG GILBERT & SULLIVAN OPERETTAS)GIVE TEMPORARY FREE OFFICE SPACE TO ENTRPRENEURS TO LAUNCH THEIR VENTURES RE MURDOCK IN NYCATTEND SCOUTING & ICE HOCKEY EVENTS TO SUPPORT COMMUNITY ENROLLMENT DRIVE -DONATED FUNDS FOR UNIFORMS; GUIDANCE TO GET MORE PRESS EXPOSURE.

Program 3

PROGRAM SERVICES WERE MAINTAINED UNTIL SEPT. 11TH, 2001 WTC ATTACK WHEN OFFICE REOPENED IN FEBRUARY 2002. COMMUNICATIONS WERE DONE IN S.I. FILE STORAGE FACILITY DUE TO TRAVEL RESTRICTIONS..ALLOC...

PROGRAM SERVICES WERE MAINTAINED UNTIL SEPT. 11TH, 2001 WTC ATTACK WHEN OFFICE REOPENED IN FEBRUARY 2002. COMMUNICATIONS WERE DONE IN S.I. FILE STORAGE FACILITY DUE TO TRAVEL RESTRICTIONS..ALLOC $600/MOJAN 2016- LANDLADY PASSED AWAY: ESTATE SOLD BLDG: NEW OWNER WANTED BACK 50% OF OURSTORAGE SPACE. TOOK MONTHS TO EMPTY AND TRASH DOCUMENT OF SUB TENANTS OF STORED IN THIS BASEMENT SPACE, PRESENTLY USED AS TEMPORARY STORAGE ONLY.PUBLIC SUPPORT WAS AGAIN LIMITED DUE TO LACK OF REGULAR BUSINESS SPACE= WILL RELOCATEAFTER MEDICAL ISSUES ARE OVER.

🔒

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%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $1,350

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,350

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,300

Other Expenses $1,122

TOTAL EXPENSES $1,122

Year-over-Year Comparison

	2017	2016	Change
Revenue	$1,350	$2,675	-0.5%
Expenses	$1,122	$6,825	-0.8%
Net Income	$228	$-4,150	-1.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALBERT SASSON	TRUSTEE	5.00	Director Key Emp	$0	$0	$0
DIANA SASSON	TRUSTEE	5.00	Director Key Emp	$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
2018	$1,350	$1,122	$14,035	$228

SOCIETY FOR THE PRESERVATION OF THE ARTS AND CRAFTS OF MANKIND INC