PURCHASE COMMUNITY INC (EIN 135658449) - 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

1926

Legal Domicile

Principal Officer

SHANNON ANDERSON

Phone

9149492636

Tax Period

2023-09-01 to 2024-08-31

PURCHASE COMMUNITY INC, founded in 1926, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023.

Mission

PROVIDE THE PEOPLE OF PURCHASE, NEW YORK AND THE NEIGHBORING AREAS COMMUNITY ACTIVITIES FOR CHILDREN AND ADULTS IN ORDER TO ENCOURAGE COMMUNITY LOYALTY AND SERVICE.

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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 $78,394

Program Service Revenue $1,666,484

Investment Income $44,907

Other Revenue $286,734

TOTAL REVENUE $2,076,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,319,473

Fundraising Expenses $57,108

Program Expenses $1,778,078

Other Expenses $894,996

TOTAL EXPENSES $2,214,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,076,519	$2,082,303	0.0%
Expenses	$2,214,469	$1,965,565	+0.1%
Net Income	$-137,950	$116,738	-2.2%

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

Governance

Voting Members

Independent Members

Employees

112

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

$263,819

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOREN CANELL	DIRECTOR	2.00	Officer Director	$0	$0	$0
JUSTINE GAETA	VICE PRESIDENT AND DIRECTO	2.00	Officer Director	$0	$0	$0
SHANNON ANDERSON	PRESIDENT AND DIRECTOR	2.00	Officer Director	$0	$0	$0
SCOTT SHERMAN	DIRECTOR AND FINANCE CHAIR	2.00	Director	$0	$0	$0
JESSICA LEVINSON-ANDRUK	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW BENEROFE	DIRECTOR	2.00	Director	$0	$0	$0
ELEANOR MYTYCH	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES ATANASIO	TREASURER AND DIRECTOR	2.00	Director	$0	$0	$0
CAROLYN SAXON	DIRECTOR AND SECRETARY	2.00	Officer Director	$0	$0	$0
JAMES E KELLY	EXECUTIVE DIRECTOR	45.00	Officer	$263,819	$0	$263,819
JENNIFER GINTER	DIRECTOR	2.00	Officer	$0	$0	$0
MATTHEW JOSSEN	DIRECTOR	2.00	Officer	$0	$0	$0
FARZIE KHAN	DIRECTOR	2.00	Officer	$0	$0	$0
JEREMY LANG	DIRECTOR	2.00	Officer	$0	$0	$0
SAMUEL SHUSTERHOFF	DIRECTOR	2.00	Officer	$0	$0	$0
SPENCER WEINKLE	DIRECTOR	2.00	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
2024	$2,076,519	$2,214,469	$2,001,739	$-137,950
2023	$2,082,303	$1,965,565	$2,097,441	$116,738
2022	$2,574,075	$1,915,855	$2,076,167	$658,220
2021	$1,907,553	$1,648,264	$1,572,775	$259,289
2020	$589,467	$1,324,034	$1,772,005	$-734,567
2019	$1,946,377	$2,148,904	$1,854,233	$-202,527
2018	$1,919,060	$2,094,564	$1,865,542	$-175,504

PURCHASE COMMUNITY INC