SIGHT SOCIETY OF NENY INC (EIN 141422262) - 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

1952

Legal Domicile

Principal Officer

VICTORIA ADLER

Phone

5184897606

Tax Period

2024-01-01 to 2024-12-31

SIGHT SOCIETY OF NENY INC, founded in 1952, is a community nonprofit in the Health Care sector that reported $3.6M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $810K, a strong 22% operating margin.

Mission

HUMAN SIGHT RESTORATION & CONSERVATION.

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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 $82,724

Program Service Revenue $3,380,131

Investment Income $136,567

Other Revenue $30,000

TOTAL REVENUE $3,629,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,290,094

Fundraising Expenses $0

Program Expenses $2,482,212

Other Expenses $1,528,936

TOTAL EXPENSES $2,819,030

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,629,422	$3,111,837	+0.2%
Expenses	$2,819,030	$2,687,059	+0.0%
Net Income	$810,392	$424,778	+0.9%

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

Independent Members

Employees

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

$251,567

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICTORIA ADLER	EXECUTIVE DI	40.00	Director	$213,500	$38,067	$251,567
JAMES WINKLER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BILL O'MARA	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROGER CALLAHAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JUSTIN PLISKOWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
DONNA REIMER	SECRETARY	1.00	Officer Director	$0	$0	$0
CECILE AYRES	DIRECTOR	1.00	Director	$0	$0	$0
JUDY MACKNIGHT	DIRECTOR	1.00	Director	$0	$0	$0
JANICE MONAHAN	DIRECTOR	1.00	Director	$0	$0	$0
KEN PEREZ	IMMEDIATE PA	1.00	Director	$0	$0	$0
LETTIE SAHEIM	DIRECTOR	1.00	Director	$0	$0	$0
MILLEDGE SMITH	IMMEDIATE PA	1.00	Director	$0	$0	$0
ELIZABETH STANO	DIRECTOR	1.00	Director	$0	$0	$0
CAROLINE WILLIAMS	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	$3,629,422	$2,819,030	$6,705,701	$810,392
2023	$3,111,837	$2,687,059	$3,720,295	$424,778
2022	$2,645,155	$1,925,483	$3,277,266	$719,672
2021	$2,360,988	$1,674,575	$2,091,122	$686,413
2020	$1,916,253	$1,611,879	$1,699,447	$304,374
2019	$1,588,996	$1,985,321	$1,545,149	$-396,325
2018	$1,751,702	$1,973,159	$1,790,847	$-221,457

SIGHT SOCIETY OF NENY INC