GREYSTONE ENDOWMENT INC (EIN 141702785) - 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

1987

Legal Domicile

Principal Officer

CLAUDE D'ALESSANDRO

Phone

8454525772

Tax Period

2024-01-01 to 2024-12-31

GREYSTONE ENDOWMENT INC, founded in 1987, is a small nonprofit that reported $224K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $383K exceeded revenue, resulting in a 71% operating deficit.

Mission

TO PROVIDE FINANCIAL AND TECHNICAL ASSISTANCE TO GREYSTONE PROGRAMS, INC. AND TO SOLICIT, COLLECT AND OTHERWISE RAISE MONEY ON BEHALF OF GREYSTONE PROGRAMS, INC.

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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 $205,027

Program Service Revenue $0

Investment Income $35,570

Other Revenue $-16,755

TOTAL REVENUE $223,842

Expense Breakdown

Grants Paid $215,996

Salaries & Benefits $90,980

Fundraising Expenses $110,818

Program Expenses $215,996

Other Expenses $69,410

TOTAL EXPENSES $382,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,842	$193,528	+0.2%
Expenses	$382,981	$200,878	+0.9%
Net Income	$-159,139	$-7,350	+20.7%

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

N/A

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

$356,905

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY COPELAND PRESIDENT AS	OF FEB 2024), VICE PRESIDENT PRIOR	1.00	Officer Director	$0	$0	$0
JULIUS JONES VICE PRESIDENT	(AS OF FEB 2024), TREASURER PRIOR	1.00	Officer Director	$0	$0	$0
SAUL SHAPIRO SECRETARY AS	OF FEB 2024), DIRECTOR PRIOR	1.00	Officer Director	$0	$0	$0
ANGELO ANGERAME TREASURER AS	OF FEB 2024), PRESIDENT PRIOR	1.00	Officer Director	$0	$0	$0
BARBARA PASSARO DIRECTOR AS	OF FEB 2024), SECRETARY PRIOR	1.00	Officer Director	$0	$0	$0
NICOLE CARINO	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN CATALANO	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT DIETZ	DIRECTOR	1.00	Director	$0	$0	$0
TOM GLASS	DIRECTOR	1.00	Director	$0	$0	$0
MICAH HOERNIG	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN MALLET	DIRECTOR (THRU FEB 2024)	1.00	Director	$0	$0	$0
BRIAN MARCINKOWSKI	DIRECTOR (THRU FEB 2024)	1.00	Director	$0	$0	$0
SKIP PRYCE	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$36,496	$242,775
DARAVUTH LEBUN	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$17,981	$114,130

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	$223,842	$382,981	$1,718,972	$-159,139
2023	$193,528	$200,878	$1,564,049	$-7,350
2022	$308,293	$186,470	$1,327,159	$121,823
2021	$171,403	$210,670	$1,622,026	$-39,267
2020	$48,309	$107,528	$1,326,080	$-59,219
2019	$396,121	$161,444	$1,156,542	$234,677
2018	$132,275	$211,147	$1,086,026	$-78,872

GREYSTONE ENDOWMENT INC