THE HUNDRED YEAR ASSOCIATION OF NY… - Form 990 Financial Data

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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

1958

Legal Domicile

Principal Officer

CLINTON BLUMEIII

Phone

2129220791

Tax Period

2024-01-01 to 2024-12-31

THE HUNDRED YEAR ASSOCIATION OF NY INC, founded in 1958, is a small nonprofit in the Community Improvement sector that reported $183K in total revenue in fiscal year 2024. Revenue surged 218% from the prior year, signaling strong growth momentum. The organization ran a surplus of $124K, a strong 68% operating margin.

Mission

TO RECOGNIZE AND REWARD OUTSTANDING DEDICATION, ACHIEVEMENT AND COMMUNITY SERVICE BY CAREER NYC EMPLOYEES AND ACADEMIC EXCELLENCE AND COMMUNITY SERVICE BY SONS AND DAUGHTERS OF CITY EMPLOYEES.

Program Service Accomplishments

Program 1

Expenses: $18,442 Revenue: $3,500

CIVIL SERVICE AWARDS: CASH AWARDS TO 7 NYC EMPLOYEES SELECTED BY THE CIVIL SERVICE COMMISSION FOR MERITORIOUS SERVICE

Program 2

Expenses: $19,442 Revenue: $3,750

SCHOLARSHIP AWARDS: SCHOLARSHIP AWARDS TO 6 CHILDREN OF NYC CAREER CIVIL SERVICE EMPLOYEES SELECTED INDEPENDENTLY ON THE BASIS OF NEED AND ACADEMIC RECORD

Program 3

Expenses: $108,284 Revenue: $188,500

THE ASSOCIATION ALSO ANNUALLY PRESENTS A GOLD METAL TO INDIVIDUAL CITIZENS AND ORGANIZATIONS THAT HAVE MADE OUTSTANDING CONTRIBUTIONS TO THE CITY OF NEW YORK. THE AWARDS ARE PRESENTED AT DINNERS AT WHICH REPRESENTATIVES OF NEW MEMBER COMPANIES AND WINNERS OF THE CAREER NYC CIVIL SERVICE AND SCHOLARSHIP AWARDS ARE RECOGNIZED. THE ASSOCIATION ALSO PRESENTS THE DISTINGUISHED SERVICE AWARDS IN ACKNOWLEDGEMENT OF BUSINESS AND NOT-FOR-PROFIT LEADERSHIP. EXCELLENCE IN PUBLIC SERVICE AWARDS IS GRANTED FOR RECOGNIZED UNIQUE CONTRIBUTIONS TO THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $73,595

Program Service Revenue $0

Investment Income $15,946

Other Revenue $93,208

TOTAL REVENUE $182,749

Expense Breakdown

Grants Paid $12,000

Salaries & Benefits $35,250

Fundraising Expenses $-95,341

Program Expenses $146,168

Other Expenses $10,598

TOTAL EXPENSES $59,006

Year-over-Year Comparison

	2024	2023	Change
Revenue	$182,749	$57,514	+2.2%
Expenses	$59,006	$68,855	-0.1%
Net Income	$123,743	$-11,341	-11.9%

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

N/A

Independent Members

N/A

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

Total Directors

$35,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLINTON W BLUME III	PRESIDENT	20.00	Director Highest	$35,250	$0	$35,250
LUKE VANDER LINDEN	EXECUTIVE DIRECTOR	20.00	Officer Director	$0	$0	$0
JAMES MC ARDLE	DATABASE	20.00	Officer Director	$0	$0	$0
MITCHEL SIMPLER	CHAIRMAN	20.00	Officer Director	$0	$0	$0
IAN C MURRAY	TREASURER	5.00	Officer Director	$0	$0	$0
ANDREW ROSENWACH	DIRECTOR	0.00	Director	$0	$0	$0
GERALD WEINSTEIN	DIRECTOR	0.00	Director	$0	$0	$0
ROBERT WERTHEIMER	DIRECTOR	0.00	Director	$0	$0	$0
HON BRIAN ANDERSSON	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN J BANNON	DIRECTOR	1.00	Director	$0	$0	$0
AMY BARRETT	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE A BERNSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
GLEN T BOEHMER	DIRECTOR	1.00	Director	$0	$0	$0
KATIE NILSON	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG BUCKSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
TOM GALLIN	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE GERBER KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
DR GARY HERMALYN	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN LANG	DIRECTOR	1.00	Director	$0	$0	$0
TED HOWELL	DIRECTOR	1.00	Director	$0	$0	$0
LUCRETIA MALI	DIRECTOR	1.00	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	$182,749	$59,006	$255,165	$123,743

THE HUNDRED YEAR ASSOCIATION OF NY INC