LANDMARK WEST INC

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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

1985

Legal Domicile

Phone

2124968110

Tax Period

2025-01-01 to 2025-12-31

LANDMARK WEST INC, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $499K in total revenue in fiscal year 2025. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $128K, a strong 26% operating margin.

Mission

LANDMARK WEST!IS DEDICATED TO BUILDING AN INCLUSIVE COMMUNITY AND CHAMPIONING A POSITIVE NEIGHBORHOOD QUALITY OF LIFE FOR THE UPPER WEST SIDE OF MANHATTAN. WE ARE AN ARCHITECTURE, ARTS, AND CULTURE NON-PROFIT THAT HAS ACHIEVED LANDMARK STATUS FOR INDIVIDUAL BUILDINGS AND HISTORIC DISTRICTS SINCE 1985. WE ENGAGE IN EXTENSIVE EDUCATION RESEARCH, DIVERSE PROGRAMMING AND WIDE-RANGING RESEARCH AND PRESERVATION ADVOCACY TO CONTINUE TO PROTECT AND CELEBRATE OUR UNIQUE HISTORIC ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $207,800

PRESERVATION ADVOCACY:PROVIDING ADVOCACY AND LEADERSHIP TO PROTECT IMPORTANT HISTORIC PLACES ON THEUPPER WEST SIDE; COLLABORATION WITH PRESERVATION ORGANIZATIONS THROUGHOUTNEW YORK CITY TO ADDRESS...

PRESERVATION ADVOCACY:PROVIDING ADVOCACY AND LEADERSHIP TO PROTECT IMPORTANT HISTORIC PLACES ON THEUPPER WEST SIDE; COLLABORATION WITH PRESERVATION ORGANIZATIONS THROUGHOUTNEW YORK CITY TO ADDRESS CITYWIDE ISSUES AND POLICIES AFFECTING HISTORICPLACES AND NEIGHBORHOOD INTEGRITY; ONLINE RESOURCES (WWW.LANDMARKWEST.ORG);INVOLVING COMMUNITY RESIDENTS, ARCHITECTS, HISTORIANS, PRESERVATIONISTS,PLANNERS, AND OTHER VOLUNTEERS WHO MEET REGULARLY TO REVIEW APPLICATIONSSUBMITTED TO THE LANDMARKS PRESERVATION COMMISSION FOR PERMITS TO WORK ONLANDMARK PROPERTIES; HELPING BUSINESSES AND COMMERCIAL PROPERTY OWNERSMAINTAIN AND RENOVATE THEIR STOREFRONTS IN KEEPING WITH THE SPECIAL CHARACTEROF THE NEIGHBORHOOD.YOUTH EDUCATION:SCHOOL-BASED EDUCATION PROGRAM, DESIGNED TO STRENGTHEN YOUNG PEOPLESSENSE OF ENGAGEMENT, OWNERSHIP, AND RESPONSIBILITY TOWARD THEIRCOMMUNITY THROUGH LEARNING ABOUT THE BUILT ENVIRONMENT; REACHING 2018 STUDENTS IN 7 UPPER WEST SIDE SCHOOLS IN 2025.PUBLIC PROGRAMS:SPECIAL EVENTS AND PUBLIC PROGRAMS INCLUDING LECTURES,WORKSHOPS AND COMMUNITY GATHERINGS TO INFORM PEOPLE OF ALL AGES ABOUTTHE HISTORY AND ARCHITECTURE OF OUR NEIGHBORHOOD.

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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 (2025)

Revenue Breakdown

Contributions & Grants $483,396

Program Service Revenue $14,553

Investment Income $1,358

Other Revenue $0

TOTAL REVENUE $499,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $276,519

Fundraising Expenses $82,262

Program Expenses $207,800

Other Expenses $94,388

TOTAL EXPENSES $370,907

Year-over-Year Comparison

	2025	2024	Change
Revenue	$499,307	$360,533	+0.4%
Expenses	$370,907	$429,323	-0.1%
Net Income	$128,400	$-68,790	-2.9%

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

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

$122,162

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN KHORSANDI	EXEC DIRECTOR	40.00	Officer	$117,071	$5,091	$122,162
PAGE AYRES COWLEY	Director	1.00	Officer Director	$0	$0	$0
CARLO LAMAGNA	CO-CHAIR	5.00	Officer Director	$0	$0	$0
SUSAN NIAL	Director	1.00	Officer Director	$0	$0	$0
RON SENIO	Treasurer	5.00	Officer Director	$0	$0	$0
POLLY WEISSMAN	Director	1.00	Director	$0	$0	$0
HOLLY LYNCH	Secretary	5.00	Director	$0	$0	$0
MOSETTE BRODERICK	Director	1.00	Director	$0	$0	$0
KARA KELLY	CO-CHAIR	5.00	Director	$0	$0	$0
LORNA NOWVE	Director	1.00	Director	$0	$0	$0
JULIA VITULLO-MARTIN	Director	1.00	Director	$0	$0	$0
WENDY MOONAN	Director	1.00	Director	$0	$0	$0
JACK PONTES	Director	1.00	Director	$0	$0	$0
KEVIN POULIN	Director	1.00	Director	$0	$0	$0
PETER SAMTON	Director	1.00	Director	$0	$0	$0
ROBERTA SEMER	VICE CHAIR	5.00	Director	$0	$0	$0
HELEN THURSTON	Director	1.00	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
2025	$499,307	$370,907	$488,655	$128,400
2024	$360,533	$429,323	$362,205	$-68,790
2023	$378,506	$400,841	$441,462	$-22,335
2022	$460,970	$382,630	$452,230	$78,340
2021	$294,495	$332,286	$373,040	$-37,791
2020	$364,470	$562,939	$375,539	$-198,469
2019	$563,044	$721,387	$544,971	$-158,343
2018	$604,690	$305,539	$703,314	$299,151