NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THANKS TO SCANDINAVIA INC, founded in 1963, is a small nonprofit that reported $415K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $654K exceeded revenue, resulting in a 58% operating deficit.
THANKS TO SCANDINAVIA, A SCHOLARSHIP FUND, RECOGNIZES THE ORDINARY PEOPLE WHO PERFORMED EXTRAORDINARY ACTS IN SCANDINAVIA AND BULGARIA DURING WWII THAT SAVED TENS OF THOUSANDS OF THEIR JEWISH NEIGHBORS. THANKS TO SCANDINAVIA CELEBRATES THOSE WHO DEMONSTRATED COURAGE, TOLERANCE AND CIVILITY EVEN IN DARK TIMES. TO HONOR THEIR LEGACY, THANKS TO SCANDINAVIA PROVIDES EDUCATIONAL OPPORTUNITIES FOR STUDENTS FROM SCANDINAVIA AND BULGARIA WHO ARE PUSHING THE BOUNDARIES OF KNOWLEDGE AND WORKING TO CREATE POSITIVE CHANGE IN OUR WORLD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $415,302 | $1,248,453 | -0.7% |
| Expenses | $654,230 | $507,586 | +0.3% |
| Net Income | $-238,928 | $740,867 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID BLOCH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| REBECCA NEUWIRTH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMIR SHAVIV | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY PETSCHEK-KOHN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANBJORG KNUTTSON | ALUMNI AMBASSADOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURIE NETTER SPRAYREGEN | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIM LARSON | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLEN RACHLIN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RONDA LUBIN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KELLY RAMOT | EXECUTIVE DIRECTOR | 20.00 |
Officer
|
$88,000 | $0 | $88,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $415,302 | $654,230 | $7,791,776 | $-238,928 |
| 2024 | $1,248,453 | $507,586 | $7,555,466 | $740,867 |
| 2023 | $250,972 | $613,858 | $6,898,428 | $-362,886 |
| 2022 | $347,896 | $448,767 | $6,905,836 | $-100,871 |
| 2021 | $937,106 | $415,793 | $8,427,332 | $521,313 |
| 2020 | $214,954 | $532,868 | $7,179,106 | $-317,914 |
| 2019 | $579,865 | $514,319 | $7,050,893 | $65,546 |
| 2018 | $359,091 | $453,616 | $7,011,652 | $-94,525 |
Compare THANKS TO SCANDINAVIA INC with other nonprofits in New York and across the country.