CENTRAL NEW YORK CHAPTER NRHS INC

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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

1965

Legal Domicile

Phone

3152893346

Tax Period

2024-01-01 to 2024-12-31

CENTRAL NEW YORK CHAPTER NRHS INC, founded in 1965, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $62K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $14K, a strong 22% operating margin.

Mission

TO PRESERVE THE REGIONS RAILROAD HERITAGE

Program Service Accomplishments

Program 1

Expenses: $44,129

WE MAINTAIN HISTORIC RAILWAY STATIONS, ROLLING STOCK DISPLAYS AND OTHER RAILROADIANNA THAT ARE OPEN FOR PUBLIC EXHIBIT WITH KNOWLEDGABLE VOLUNTEERS THAT ARE AVAILABLE FOR PRESENTATIONS.

Program 2

WE PUBLISH AND MAIL TO MEMBERS A MONTHLY NEWSLETTER OF RAILWAY EVENTS, PAST AND PRESENT, WHICH INCLUDES THE MAINTENANCE OF ARCHIVAL DATA AUGMENTED BY OUR ASSOCIATION WITH THE NATIONAL RAILROAD...

WE PUBLISH AND MAIL TO MEMBERS A MONTHLY NEWSLETTER OF RAILWAY EVENTS, PAST AND PRESENT, WHICH INCLUDES THE MAINTENANCE OF ARCHIVAL DATA AUGMENTED BY OUR ASSOCIATION WITH THE NATIONAL RAILROAD HISTORICAL SOCIETY.

Program 3

WE PRESERVE AND RECONDITION HISTORICAL RAILROAD EQUIPMENT THAT IS OPERATIONAL AND USED FOR EXCURISONS OR SPECIFIC DISPLAYS. THIS INCLUDES A MODEL RAILROAD LAYOUT.

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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 $15,696

Program Service Revenue $0

Investment Income $3,786

Other Revenue $43,016

TOTAL REVENUE $62,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,129

Other Expenses $48,453

TOTAL EXPENSES $48,453

Year-over-Year Comparison

	2024	2023	Change
Revenue	$62,498	$83,131	-0.2%
Expenses	$48,453	$46,763	+0.0%
Net Income	$14,045	$36,368	-0.6%

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

N/A

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS C EDWARDS	MEMBERSHIP CHAIR	1.00	Director	$0	$0	$0
HERBERT MEINKING	DIRECTOR	1.00	Director	$0	$0	$0
PHIL BUFFAM	DIRECTOR	1.00	Director	$0	$0	$0
TOM PIERSON	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
FRAN LATIZIA	DIRECTOR	1.00	Director	$0	$0	$0
PHILIP EDWARDS	PRESIDENT	20.00	Officer	$0	$0	$0
ANDY LEMAY	VICE PRESIDENT	15.00	Officer	$0	$0	$0
HERB MEINKING	CORRESPONDING SECRETARY	15.00	Officer	$0	$0	$0
JOHN LYTLE	RECORDING SECRETARY	5.00	Officer	$0	$0	$0
JOSEPHINE LEMAY	TREASURER	10.00	Officer	$0	$0	$0
EDWIN L POST	NATIONAL REPRESENTATIVE	40.00	Officer	$0	$0	$0
TOM PIERSON	FIRST VICE PRESIDENT	1.00	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
2025	No data	No data	No data	No data
2024	$62,498	$48,453	$346,956	$14,045
2023	$83,131	$46,763	$334,697	$36,368
2022	$58,860	$47,281	$296,036	$11,579
2021	$56,479	$30,346	$292,870	$26,133
2020	$24,991	$45,071	$268,433	$-20,080
2019	$79,637	$86,627	$256,384	$-6,990
2018	$33,907	$42,413	$259,612	$-8,506