NEW YORK ALLIANCE AGAINST INSURANCE FRAUD INC

EIN: 134118305 Community Improvement

ALBANY, NY

Total Revenue
$1,534,649
Total Expenses
$1,439,182
Total Assets
$1,840,237
Net Assets
$896,840
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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
2000
Legal Domicile
NY
Principal Officer
JAMES POTTS JR
Phone
5184638644
Tax Period
2024-01-01 to 2024-12-31

NEW YORK ALLIANCE AGAINST INSURANCE FRAUD INC, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.4M left a modest 6% surplus.

Mission

TO EDUCATE THE PUBLIC ABOUT INSURANCE FRAUD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,499,451
Investment Income $35,198
Other Revenue $0
TOTAL REVENUE $1,534,649

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,308,607
Other Expenses $1,439,182
TOTAL EXPENSES $1,439,182

Year-over-Year Comparison

2024 2023 Change
Revenue $1,534,649 $1,444,663 +0.1%
Expenses $1,439,182 $1,389,451 +0.0%
Net Income $95,467 $55,212 +0.7%
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
17
Independent Members
17
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIELLE PERDOMO BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT VETRANO BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE RAFELD BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN HUBERT BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA WINTON BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES A EGNER BOARD MEMBER 1.00
Director
$0 $0 $0
ED KURATHOWSKI BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN GALLAGHER BOARD MEMBER 1.00
Director
$0 $0 $0
ELLEN MELCHIONNI BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE D'ARGENIO BOARD MEMBER 1.00
Director
$0 $0 $0
JIM BERRIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLIE ZIEGENBEIN BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE OLIVER BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN O'CONNOR CHAIR 1.00
Officer
$0 $0 $0
NICHOLE SORIANO VICE CHAIR 1.00
Officer
$0 $0 $0
TODD SAUNDERS TREASURER 1.00
Officer
$0 $0 $0
KEITH KIRCHNER SECRETARY 1.00
Officer
$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 No data No data No data No data
2024 $1,534,649 $1,439,182 $1,840,237 $95,467
2023 $1,444,663 $1,389,451 $1,777,638 $55,212
2022 $1,314,827 $1,317,925 $1,476,106 $-3,098
2021 $1,320,622 $1,314,606 $1,548,828 $6,016
2020 $1,306,437 $1,210,771 $1,420,206 $95,666
2019 $1,338,950 $1,330,015 $1,011,349 $8,935
2018 $1,258,971 $1,297,193 $1,401,864 $-38,222
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