ABNY FOUNDATION INC (EIN 133601266) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

CHAD PURKEY

Phone

2123705800

Tax Period

2023-01-01 to 2023-12-31

ABNY FOUNDATION INC, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $382K in total revenue in fiscal year 2023. Expenses of $466K exceeded revenue, resulting in a 22% operating deficit.

Mission

PROVIDE FUNDS TO ENHANCE THE QUALITY OF LIFE IN NEW YORK CITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $390,850

Program Service Revenue $0

Investment Income $18,838

Other Revenue $-27,340

TOTAL REVENUE $382,348

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $300,725

Other Expenses $215,740

TOTAL EXPENSES $465,740

Year-over-Year Comparison

	2023	2022	Change
Revenue	$382,348	$372,288	+0.0%
Expenses	$465,740	$505,610	-0.1%
Net Income	$-83,392	$-133,322	-0.4%

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

N/A

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

$369,768

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN RUBENSTEIN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ALAN VAN CAPELLE	TREASURER	1.00	Officer Director	$0	$0	$0
TONIO BURGOS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT LEHRMAN	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA ORNST	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER RAAB	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM C RUDIN	DIRECTOR	1.00	Director	$0	$0	$0
JILL SUNG	DIRECTOR	1.00	Director	$0	$0	$0
TERESA GONZALEZ	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS TERRY	DIRECTOR	1.00	Director	$0	$0	$0
DWIGHT MCBRIDE	DIRECTOR	1.00	Director	$0	$0	$0
CHAD PURKEY	VICE PRESIDENT	5.00	Officer	$0	$1,039	$103,694
MELVA MILLER	CEO & SECRETARY	5.00	Officer	$0	$8,750	$266,074

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	No data	No data	No data	No data
2023	$382,348	$465,740	$2,111,262	$-83,392
2022	$372,288	$505,610	$2,014,230	$-133,322
2021	$795,494	$623,409	$2,543,125	$172,085
2020	$722,048	$442,459	$2,404,251	$279,589
2019	$964,040	$650,881	$2,069,204	$313,159
2018	$554,689	$253,569	$1,548,719	$301,120

ABNY FOUNDATION INC