WESTCHESTER PUTNAM SCHOOL BOARDS ASSOCIATION INC (EIN 133190694) - Form 990 Financial Analysis & Trantor Score

🔒

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

2012

Legal Domicile

Principal Officer

KAREN BELANGER

Phone

9143458737

Tax Period

2023-07-01 to 2024-06-30

WESTCHESTER PUTNAM SCHOOL BOARDS ASSOCIATION INC, founded in 2012, is a small nonprofit that reported $273K in total revenue in fiscal year 2023. Expenses of $265K left a modest 3% surplus.

Mission

TO PROVIDE LEADERSHIP & SUPPORT OF OUR MEMBER DISTRICTS THROUGH PROGRAMMING, NETWORKING, DATA SHARING, FACILITATING ADVOCACY AND KEEPING OUR MEMBERS INFORMED ABOUT PUBLIC EDUCATION ISSUES. SINCE ITS FOUNDING IN 1962, THE WESTCHESTER PUTNAM SCHOOL BOARDS ASSOCIATION (WPSBA) HAS SERVED SCHOOL BOARD MEMBERS BY SUPPORTING THEIR ROLE AS EDUCATION LEADERS IN THEIR COMMUNITIES AND THE REGION. BOARD OF EDUCATION MEMBERS ARE UNPAID, ELECTED LOCAL OFFICIALS WHO OVERSEE AND SET POLICY FOR A PUBLIC SCHOOL DISTRICT'S AFFAIRS, PERSONNEL, FINANCES AND PROPERTIES. WPSBA WORKS TO IMPROVE THE EFFECTIVENESS OF SCHOOL BOARDS AND ENHANCES OUR SCHOOL DISTRICTS BY PROVIDING MEMBERS WITH INFORMATIVE PROGRAMS ON EDUCATION, PUBLIC POLICY AND BOARD DEVELOPMENT AS WELL AS TRAINING WORKSHOPS, DATA RESOURCE AND ADVOCACY AND NETWORKING OPPORTUNITIES. TO FURTHER SUPPORT BOARDS OF EDUCATION, WPSBA OFFERS TRAINING, SUPPORT AND NETWORKING FOR DISTRICT CLERKS IN MEMBER DISTRICTS. THE ASSOCIATION ALSO SERVES A KEY ROLE BY COLLABORATING WITH OTHER LOCAL, STATE AND NATIONAL EDUCATIONAL AND CHILD-FOCUSED ORGANIZATIONS. WPSBA IS A MEMBER-DRIVEN 501(C)(3) ORGANIZATION THAT IS FINANCED PRIMARILY THROUGH SCHOOL DISTRICT MEMBERSHIP DUES. SIXTEEN SCHOOL BOARD MEMBERS SERVE ON THE EXECUTIVE BOARD. THE IMMEDIATE PAST PRESIDENT, TWO AREA SUPERINTENDENTS OF SCHOOLS, THE DIRECTOR OF THE WESTCHESTER-EAST PUTNAM REGION PTA, AND THE REGIONAL DIRECTOR FOR THE NEW YORK STATE SCHOOL BOARDS ASSOCIATION (NYSSBA) SERVE AS LIAISONS TO THE WPSBA BOARD. THE DAY-TO-DAY OPERATIONS ARE MANAGED BY THE EXECUTIVE DIRECTOR AND THE COMMUNICATIONS AND OPERATIONS MANAGER. ALL MEMBER SCHOOL BOARDS ARE INVITED TO APPOINT A MEMBER OF THEIR BOARD TO SERVE AS A WPSBA LIAISON AND/OR A LEGISLATIVE ADVOCACY COMMITTEE REPRESENTATIVE. SCHOOL BOARD MEMBERS MAY ALSO PARTICIPATE ON OUR STANDING COMMITTEES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $212,393

Program Service Revenue $45,615

Investment Income $388

Other Revenue $15,000

TOTAL REVENUE $273,396

Expense Breakdown

Grants Paid $0

Salaries & Benefits $217,327

Fundraising Expenses $0

Program Expenses $226,683

Other Expenses $47,217

TOTAL EXPENSES $264,544

Year-over-Year Comparison

	2023	2022	Change
Revenue	$273,396	$253,271	+0.1%
Expenses	$264,544	$246,619	+0.1%
Net Income	$8,852	$6,652	+0.3%

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

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

$106,258

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT LEVY	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARJORIE SCHIFF	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SARAH CARRIER	TREASURER	1.00	Officer Director	$0	$0	$0
CAYNE LETIZIA	SECRETARY	1.00	Officer Director	$0	$0	$0
ADINA BERRIOS BROOKS	DIRECTOR	0.50	Director	$0	$0	$0
HEIDI CAMBARERI	DIRECTOR	0.50	Director	$0	$0	$0
SUZIE HAHN	DIRECTOR	0.50	Director	$0	$0	$0
BRANWEN MACDONALD	DIRECTOR	0.50	Director	$0	$0	$0
KELLY MULVOY MANGAN	DIRECTOR	0.50	Director	$0	$0	$0
CHRISSIE ONOFRIO	DIRECTOR	0.50	Director	$0	$0	$0
BARBARA PARMLY	DIRECTOR	0.50	Director	$0	$0	$0
EMILY RUBIN PERSONS	DIRECTOR	0.50	Director	$0	$0	$0
CORINNE ROSA	DIRECTOR	0.50	Director	$0	$0	$0
DEBORAH TAYLOR	DIRECTOR	0.50	Director	$0	$0	$0
SARAH TORMEY	DIRECTOR	0.50	Director	$0	$0	$0
JAYNE WISSNER	DIRECTOR	0.50	Director	$0	$0	$0
KAREN BELANGER	EXECUTIVE DIRECTOR	40.00	Officer	$104,175	$2,083	$106,258

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	No data	No data	No data	No data
2024	$273,396	$264,544	$148,453	$8,852
2023	$253,271	$246,619	$139,714	$6,652
2022	$245,058	$239,039	$122,443	$6,019
2021	$224,829	$217,830	$111,437	$6,999
2020	$234,266	$236,003	$108,180	$-1,737
2019	$239,566	$252,350	$106,563	$-12,784
2018	$234,637	$235,311	$117,982	$-674

WESTCHESTER PUTNAM SCHOOL BOARDS ASSOCIATION INC