COMMITTEE OF BANKING INSTITUTION ON TAXATION (EIN 136162067) - 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

1918

Legal Domicile

Principal Officer

MERILEEN LETZTER

Phone

2124937248

Tax Period

2020-05-01 to 2021-04-30

COMMITTEE OF BANKING INSTITUTION ON TAXATION, founded in 1918, is a micro nonprofit that reported $12K in total revenue in fiscal year 2020. Revenue fell 59% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 97% operating margin.

Mission

THE OVERRIDING GOAL IS THE TAX EDUCATION OF ITS MEMBERS, WHICH IS MET THROUGH THE FOLLOWING OBJECTIVES: TO COOPERATE IN ASSISTING IN THE ADMINISTRATION OF TAX LAWS, TO DISSEMINATE AMONG ITS MEMBERS INFORMATION PERTAINING THERETO.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,945

Investment Income $20

Other Revenue $0

TOTAL REVENUE $11,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $401

TOTAL EXPENSES $401

Year-over-Year Comparison

	2020	2019	Change
Revenue	$11,965	$29,169	-0.6%
Expenses	$401	$32,191	-1.0%
Net Income	$11,564	$-3,022	-4.8%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MERILEEN LETZTER	CHAIRMAN	5.00	Officer	$0	$0	$0
SHAWN HANLON	VICE-CHAIRMAN/SECRETARY	5.00	Officer	$0	$0	$0
JOHN LEBRON	TREASURER	5.00	Officer	$0	$0	$0
MARK TACCETTA	PRIOR CHAIRMAN	5.00	Officer	$0	$0	$0
JAMES HOUSMAN	PRIOR CHAIRMAN	5.00	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
2021	$11,965	$401	$70,715	$11,564
2020	$29,169	$32,191	$59,151	$-3,022

COMMITTEE OF BANKING INSTITUTION ON TAXATION