GREATER NEW YORK CHAMBER OF COMMERC (EIN 134037331) - 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

1994

Legal Domicile

Principal Officer

MARK JAFFE

Tax Period

2023-10-01 to 2024-09-30

GREATER NEW YORK CHAMBER OF COMMERC, founded in 1994, is a small nonprofit that reported $651K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $780K exceeded revenue, resulting in a 20% operating deficit.

Mission

PROMOTING BUSINESS AND CIVIC CAUSES IN METRO NY, BY PROVIDING EDUCATIONAL AND NETWORKING OPPORTUNITES,INFORMATION,SURVEYS,ADVOCACY BUSINESS AND LEGAL SERVICES FOR OUR MEMBERS AND GUESTS

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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 $421,205

Program Service Revenue $230,199

Investment Income $0

Other Revenue $0

TOTAL REVENUE $651,404

Expense Breakdown

Grants Paid $0

Salaries & Benefits $471,641

Fundraising Expenses $0

Program Expenses $780,182

Other Expenses $308,541

TOTAL EXPENSES $780,182

Year-over-Year Comparison

	2023	2022	Change
Revenue	$651,404	$816,417	-0.2%
Expenses	$780,182	$681,361	+0.1%
Net Income	$-128,778	$135,056	-2.0%

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

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

$358,174

Total Directors

$358,174

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK JAFFE	CEO	50.00	Officer Director	$161,089	$28,777	$191,366
HELANA NATT	EXECUTIVE DIRECTOR	50.00	Officer Director	$126,417	$37,391	$166,808
Howard Teich	DIRECTOR	0.50	Director	$0	$0	$0
Richard Weinberg	DIRECTOR	0.50	Director	$0	$0	$0
George HULSE	DIRECTOR	0.50	Director	$0	$0	$0
Gregory Kirsopp	DIRECTOR	0.50	Director	$0	$0	$0
CYNTHIA DIBARTOLO	DIRECTOR	0.50	Director	$0	$0	$0
TERRANCE HOLLIDAY	CHAIR	1.00	Director	$0	$0	$0
Clinton Blume	DIRECTOR	0.50	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
2024	$651,404	$780,182	$635,013	$-128,778
2023	$816,417	$681,361	$778,951	$135,056
2022	$577,478	$675,667	$665,965	$-98,189
2021	$625,000	$563,471	$764,154	$61,529
2019	$744,655	$728,833	$235,342	$15,822

GREATER NEW YORK CHAMBER OF COMMERC