SKINNER ERNEST MEMORIAL INC

EIN: 160774630 Public & Societal Benefit

BIG FLATS, NY

Total Revenue
$205,946
Total Expenses
$134,513
Total Assets
$785,143
Net Assets
$785,143
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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
1947
Legal Domicile
NY
Principal Officer
LARRY WENCK
Phone
6075623491
Tax Period
2023-01-01 to 2023-12-31

SKINNER ERNEST MEMORIAL INC, founded in 1947, is a small nonprofit in the Public & Societal Benefit sector that reported $206K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $71K, a strong 35% operating margin.

Mission

VETERANS ORGANIZATION

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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 $0
Program Service Revenue $0
Investment Income $18
Other Revenue $205,928
TOTAL REVENUE $205,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,008
Fundraising Expenses $0
Other Expenses $44,505
TOTAL EXPENSES $134,513

Year-over-Year Comparison

2023 2022 Change
Revenue $205,946 $234,885 -0.1%
Expenses $134,513 $154,125 -0.1%
Net Income $71,433 $80,760 -0.1%
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
5
Independent Members
5
Employees
15
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY WENCK TREASURER N/A
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 $205,946 $134,513 $785,143 $71,433
2022 $234,885 $154,125 $715,154 $80,760
2021 $209,524 $111,566 $622,370 $97,958
2020 $144,036 $126,508 $538,342 $17,528
2019 $177,990 $155,916 $517,758 $22,074
2018 $191,236 $159,344 $521,452 $31,892
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