MID HUDSON WORKSHOP FOR THE DISABLED INC (EIN 141395427) - 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

1948

Legal Domicile

Principal Officer

LAURA KIESBYE

Phone

8454713820

Tax Period

2023-01-01 to 2023-12-31

MID HUDSON WORKSHOP FOR THE DISABLED INC, founded in 1948, is a small nonprofit in the Employment sector that reported $898K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $1.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE MEANINGFUL WORK FOR THE PHYSICALLY AND MEDICALLY DISABLED. THE PRODUCTS MANUFACTURED BY OUR DISABLED EMPLOYEES ARE SOLD TO MANUFACTURERS.

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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 $125,956

Program Service Revenue $600,552

Investment Income $130,712

Other Revenue $40,761

TOTAL REVENUE $897,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $642,911

Fundraising Expenses $15,071

Program Expenses $795,430

Other Expenses $370,144

TOTAL EXPENSES $1,013,055

Year-over-Year Comparison

	2023	2022	Change
Revenue	$897,981	$751,434	+0.2%
Expenses	$1,013,055	$999,953	+0.0%
Net Income	$-115,074	$-248,519	-0.5%

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

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

$94,000

Total Directors

$94,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN MAZZUCA	BOARD CHAIR	0.00	Director	$0	$0	$0
ROBERT EDGE	BOARD VICE CHAIR	0.00	Officer Director	$0	$0	$0
MEREDITH CAVANAUGH	BOARD SECRETARY	0.00	Officer Director	$0	$0	$0
STEPHEN POLICELLA	BOARD TREASURER	0.00	Officer Director	$0	$0	$0
JENNA KELLY	BOARD MEMBER	0.00	Director	$0	$0	$0
RICK STARK	BOARD MEMBER	0.00	Director	$0	$0	$0
FABIO DANISI MD	BOARD MEMBER	0.00	Director	$0	$0	$0
SHARON FINCH	BOARD MEMBER	0.00	Director	$0	$0	$0
SEAN GRIFFIN	BOARD MEMBER	0.00	Director	$0	$0	$0
NANCY FORREST	BOARD MEMBER	0.00	Director	$0	$0	$0
LAURA KIESBYE	EXECUTIVE DIRECTOR	1.00	Officer Director	$94,000	$0	$94,000

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	No data	No data	No data	No data
2023	$897,981	$1,013,055	$1,971,460	$-115,074
2023	$897,981	$1,014,789	$1,969,727	$-116,808
2022	$751,434	$999,953	$2,138,680	$-248,519
2021	$980,976	$1,114,916	$2,836,944	$-133,940
2020	$883,188	$1,097,916	$2,938,307	$-214,728
2019	$751,752	$1,079,447	$2,937,555	$-327,695
2018	$1,031,733	$1,262,693	$2,826,529	$-230,960

MID HUDSON WORKSHOP FOR THE DISABLED INC