NEW YORK METS FOUNDATION INC (EIN 136159029) - 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

1963

Legal Domicile

Principal Officer

ALEXANDRA COHEN

Phone

7185076387

Tax Period

2022-11-01 to 2023-10-31

NEW YORK METS FOUNDATION INC, founded in 1963, is a micro nonprofit that reported $42K in total revenue in fiscal year 2022. Revenue surged 322% from the prior year, signaling strong growth momentum. Expenses of $1.7M exceeded revenue, resulting in a 3933% operating deficit.

Mission

ORGANIZATION MISSION THE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES THAT BENEFIT CHILDREN AND OTHERS IN NEED. A REGISTERED 501(C)(3) CHARITY, THE NEW YORK METS FOUNDATION TAKES NO PORTION OF THE FUNDS RAISED TO OFFSET INTERNAL COSTS EXCEPT FOR EXPENSES DIRECTLY RELATED TO OTHER COMMUNITY SUPPORT PROGRAMS. RELATED ORGANIZATIONS PAY 100% OF THE FOUNDATION'S OVERHEAD TO ENSURE THAT THE MAJORITY OF A DONATION IS DIRECTED TOWARD HELPING OTHERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $305

Program Service Revenue $0

Investment Income $41,562

Other Revenue $0

TOTAL REVENUE $41,867

Expense Breakdown

Grants Paid $1,630,704

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,630,704

Other Expenses $57,655

TOTAL EXPENSES $1,688,359

Year-over-Year Comparison

	2022	2021	Change
Revenue	$41,867	$9,912	+3.2%
Expenses	$1,688,359	$87,209	+18.4%
Net Income	$-1,646,492	$-77,297	+20.3%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDRA COHEN	TRUSTEE/EXEC VP	1.00	Officer Director	$0	$0	$0
STEVEN COHEN	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN CANNA	TRUSTEE/TREASURER	1.00	Officer Director	$0	$0	$0
JEANNE MELINO	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
2023	$41,867	$1,688,359	No data	$-1,646,492
2022	$9,912	$87,209	$1,646,492	$-77,297
2021	$644,534	$2,215,647	$1,723,789	$-1,571,113
2020	$1,313,694	$2,746,085	$3,242,253	$-1,432,391
2019	$715,489	$1,306,970	$4,599,594	$-591,481
2018	$2,305,112	$895,392	$5,087,373	$1,409,720

NEW YORK METS FOUNDATION INC