NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOLS

EIN: 141504908 501(c)(3)

ALBANY, NY

Total Revenue
$3,284,048
Total Expenses
$3,461,210
Total Assets
$3,430,096
Net Assets
$2,510,251
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
NY
Principal Officer
VINCE WATCHORN
Phone
5186945500
Tax Period
2024-07-01 to 2025-06-30

NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOLS, founded in 1947, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024.

Mission

THE NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOLS PROMOTES THE INDEPENDENCE, WELL-BEING AND PUBLIC UNDERSTANDING OF, AND RESPECT FOR, NEW YORK INDEPENDENT SCHOOLS AND SERVES AS AN ACCREDITING BODY CHARTERED BY THE NEW YORK STATE BOARD OF REGENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,221,109
Investment Income $62,589
Other Revenue $350
TOTAL REVENUE $3,284,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,736,964
Fundraising Expenses $0
Program Expenses $2,716,425
Other Expenses $1,724,246
TOTAL EXPENSES $3,461,210

Year-over-Year Comparison

2024 2023 Change
Revenue $3,284,048 $3,237,766 +0.0%
Expenses $3,461,210 $3,211,838 +0.1%
Net Income $-177,162 $25,928 -7.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
9
Volunteers
22

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
9
$759,788
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY BRIGHT TRUSTEE 1.00
Director
$0 $0 $0
CRISY CACERES TRUSTEE 1.00
Director
$0 $0 $0
GABRIELA CORDO TRUSTEE 1.00
Director
$0 $0 $0
LAURA DANFORTH CO SECRETARY 1.00
Officer Director
$0 $0 $0
ALBINA MILLER TRUSTEE 1.00
Director
$0 $0 $0
MARTHA HAAKMAT TRUSTEE 1.00
Director
$0 $0 $0
PHILIP KASSEN PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS LAURICELLA TRUSTEE 1.00
Director
$0 $0 $0
SIMON OWEN-WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER RAO PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
WILLIAM TAYLOR TRUSTEE 1.00
Director
$0 $0 $0
MICHELLE EDWARDS TREASURER 1.00
Officer Director
$0 $0 $0
LISA WALLER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
TONY OROSZLANY TRUSTEE 1.00
Director
$0 $0 $0
COREY BLAY TRUSTEE 1.00
Director
$0 $0 $0
JOHN BOTTI CO SECRETARY 1.00
Officer Director
$0 $0 $0
MICHAEL KAY TRUSTEE 1.00
Director
$0 $0 $0
ERICA CORBIN TRUSTEE 1.00
Director
$0 $0 $0
SHANNON BAUDO TRUSTEE 1.00
Director
$0 $0 $0
LAURIE GRUHN TRUSTEE 1.00
Director
$0 $0 $0
RAMON JAVIER TRUSTEE 1.00
Director
$0 $0 $0
TODD ORMISTON TRUSTEE 1.00
Director
$0 $0 $0
GEORGE SWAIN COO 50.00
Officer
$213,345 $32,048 $245,393
SUZANNE BAUMGARTEN CFO 50.00
Officer
$132,826 $24,485 $157,311
VINCE WATCHORN EXECUTIVE DIRECTOR 50.00
Officer
$318,356 $38,728 $357,084
WOROKYA DUNCAN ASSOC DIRECTOR FOR PROF LEARNING 50.00
Highest
$165,370 $24,948 $190,318
MATTHEW SUZUKI ASSOC DIRECTOR FOR PROF LEARNING 50.00
Highest
$169,347 $26,437 $195,784
SHANNON ROGERS ASSOCIATE DIRECTOR FOR EVALUATION AND ACCREDIT 50.00
Highest
$141,707 $24,146 $165,853
ANDREW COOKE DIRECTOR OF COMMUNICATION SYSTEMS 50.00
Highest
$145,970 $25,468 $171,438
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
2025 $3,284,048 $3,461,210 $3,430,096 $-177,162
2024 $3,237,766 $3,211,838 $2,927,879 $25,928
2023 $2,974,860 $3,033,735 $2,991,677 $-58,875
2022 $2,804,304 $2,853,295 $2,779,045 $-48,991
2021 $2,354,351 $2,189,083 $3,161,810 $165,268
2020 $2,573,473 $2,792,573 $2,391,635 $-219,100
2019 $3,060,141 $3,429,337 $2,430,465 $-369,196
2018 $2,721,881 $2,570,607 $2,678,068 $151,274
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