ALUMNI ASSOCIATION OF NY MEDICAL COLLEGE (EIN 133571934) - 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

1989

Legal Domicile

Principal Officer

JOHN COSGROVE MD

Phone

9145944556

Tax Period

2024-07-01 to 2025-06-30

ALUMNI ASSOCIATION OF NY MEDICAL COLLEGE, founded in 1989, is a micro nonprofit in the Education sector that reported $41K in total revenue in fiscal year 2024.

Mission

The Alumni Association prides itself in fostering relationships between SOM Alumni and their alma mater. Whether exchanging ideas or information, organizing continuing medical education seminars, improving educational opportunities for today's medical students or enhancing the school's reputation, the Alumni Association is a vital component of college life.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $7,662

Program Service Revenue $375

Investment Income $-48,579

Other Revenue $0

TOTAL REVENUE $-40,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $38,581

Other Expenses $59,613

TOTAL EXPENSES $59,613

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-40,542	$-13,442	+2.0%
Expenses	$59,613	$49,291	+0.2%
Net Income	$-100,155	$-62,733	+0.6%

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
DAMON DELBELLO MD	Treasurer	2.00	Officer Director	$0	$0	$0
JOSEPH L GIAMELLI MD	Past President	2.00	Officer Director	$0	$0	$0
JOHN COSGROVE MD	PRESIDENT	2.00	Officer Director	$0	$0	$0
JERRY RUBANO MD	Secretary	2.00	Officer Director	$0	$0	$0
JAY D TARTELL MD	Vice President	2.00	Officer 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	$-40,542	$59,613	$1,033,201	$-100,155
2024	$-13,442	$49,291	$980,443	$-62,733
2023	$15,809	$41,046	$915,286	$-25,237
2022	$85,285	$99,905	$863,539	$-14,620
2021	$164,446	$75,018	$991,918	$89,428
2020	$169,199	$131,021	$792,834	$38,178
2019	$110,788	$134,290	$810,112	$-23,502
2018	$126,611	$105,350	$836,730	$21,261

ALUMNI ASSOCIATION OF NY MEDICAL COLLEGE