Veterans of Lansingburgh

EIN: 141544091 Public & Societal Benefit

Troy, NY

Total Revenue
$150,971
Total Expenses
$203,573
Total Assets
$613,979
Net Assets
$464,982
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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
1946
Legal Domicile
NY
Phone
5182338656
Tax Period
2023-01-01 to 2023-12-31

Veterans of Lansingburgh, founded in 1946, is a small nonprofit in the Public & Societal Benefit sector that reported $151K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $204K exceeded revenue, resulting in a 35% operating deficit.

Mission

Promote social welfare of Veterns

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,674
Program Service Revenue $39,678
Investment Income $0
Other Revenue $104,619
TOTAL REVENUE $150,971

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,531
Fundraising Expenses $0
Other Expenses $142,042
TOTAL EXPENSES $203,573

Year-over-Year Comparison

2023 2022 Change
Revenue $150,971 $250,434 -0.4%
Expenses $203,573 $223,251 -0.1%
Net Income $-52,602 $27,183 -2.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
45

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Layton President 10.00
Officer
$0 $0 $0
Tom Dingley Treasurer 2.00
Officer
$0 $0 $0
Joseph Sitterly Secretary 2.00
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
2024 No data No data No data No data
2023 $150,971 $203,573 $613,979 $-52,602
2022 $250,434 $223,251 $656,534 $27,183
2021 $201,025 $207,436 $485,741 $-6,411
2020 $127,523 $176,475 $463,538 $-48,952
2019 $172,815 $198,916 $493,296 $-26,101
2018 $168,979 $178,922 $509,428 $-9,943
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