DANIEL FERRO VOCAL PROGRAM INC

EIN: 133715710 501(c)(3)

NEW YORK, NY

Total Revenue
$109,540
Total Expenses
$157,654
Total Assets
$2,536
Net Assets
$-123,623
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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
1997
Legal Domicile
NY
Principal Officer
Joy Ferro
Phone
2126050594
Tax Period
2022-01-01 to 2022-12-31

DANIEL FERRO VOCAL PROGRAM INC, founded in 1997, is a small nonprofit that reported $110K in total revenue in fiscal year 2022. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $158K exceeded revenue, resulting in a 44% operating deficit.

Mission

TO PROVIDE SINGERS WITH A PROFESSIONAL VOCAL TRAINING PROGRAM

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $87,588
Program Service Revenue $21,952
Investment Income $0
Other Revenue $0
TOTAL REVENUE $109,540

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $17,269
Program Expenses $130,883
Other Expenses $157,654
TOTAL EXPENSES $157,654

Year-over-Year Comparison

2022 2021 Change
Revenue $109,540 $176,221 -0.4%
Expenses $157,654 $154,453 +0.0%
Net Income $-48,114 $21,768 -3.2%
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DINA J PRISCO SECY 003.00
Officer Director Key Emp
$0 $0 $0
JOY FERRO PRESIDENT/ TRASURER 010.00
Officer 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
2022 $109,540 $157,654 $2,536 $-48,114
2021 $176,221 $154,453 $83,563 $21,768
2020 $35,633 $79,399 $19,835 $-43,766
2019 $113,925 $109,111 No data $4,814
2018 $122,409 $118,852 $5 $3,557
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