LITERACY CNY 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

1972

Legal Domicile

Principal Officer

JOSHUA STAPF

Phone

3154202355

Tax Period

2023-07-01 to 2024-06-30

LITERACY CNY INC, founded in 1972, is a small nonprofit in the Education sector that reported $117K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $150K exceeded revenue, resulting in a 29% operating deficit.

Mission

LITERACYCNY IS AN ORGANIZATION THAT TRAINS VOLUNTEERS TO IMPROVE THE READING, ENGLISH LANGUAGE, MATH, AND DIGITAL LITERACY SKILLS OF ADULTS. OUR TRAINED VOLUNTEERS SUPPORT PARTICIPANTS IN ACHIEVING THEIR PERSONAL GOALS TO FULLY PARTICIPATE IN THE COMMUNITY AS CITIZENS, PARENTS, CONSUMERS, AND WORKERS.

Program Service Accomplishments

Program 1

Expenses: $108,239

PROVIDE ENGLISH LANGUAGE, MATH, AND READING TUTORING TO MEMBERS OF THE ONONDAGA COUNTY COMMUNITY. DURING FISCAL YEAR 2021-2022, LAUNCHED A DIGITAL LITERACY PROGRAM TO TEACH BASIC COMPUTER SKILLS AND...

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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 (2023)

Revenue Breakdown

Contributions & Grants $116,777

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $116,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $104,284

Fundraising Expenses $3,618

Program Expenses $108,239

Other Expenses $46,182

TOTAL EXPENSES $150,466

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,777	$147,147	-0.2%
Expenses	$150,466	$196,311	-0.2%
Net Income	$-33,689	$-49,164	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN CHANTRA	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
DAVID WYMAN	BOARD TREASURER	0.50	Officer Director	$0	$0	$0
MARIE SARNO	BOARD SECRETARY	0.50	Officer Director	$0	$0	$0
RUTH STEIN	BOARD MEMBER	0.50	Director	$0	$0	$0
MILLIE SEFRANEK	BOARD MEMBER	0.50	Director	$0	$0	$0
RAGNI MEHTA	BOARD MEMBER	0.50	Director	$0	$0	$0
AMY THORNA	PRESIDENT	0.50	Officer Director	$0	$0	$0
ROBYN SMITH	BOARD MEMBER	0.50	Director	$0	$0	$0
KATY WHEELER	BOARD MEMBER	0.50	Director	$0	$0	$0
MICHELE DIECUCH	BOARD MEMBER	0.50	Director	$0	$0	$0
ETHAN GROMLEY	BOARD MEMBER	0.50	Director	$0	$0	$0
JOSHUA STAPF	EXECUTIVE DIRECTOR	20.00	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	$116,777	$150,466	$51,629	$-33,689
2023	$147,147	$196,311	$31,097	$-49,164
2022	$157,099	$133,999	$55,162	$23,100
2020	$331,992	$314,778	$104,637	$17,214
2019	$313,363	$351,023	$101,965	$-37,660