INDEPENDENT BANKERS ASSOCIATION OF NEW YORK STATE INC (EIN 161039314) - 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

1974

Legal Domicile

Principal Officer

JOHN WITKOWSKI

Phone

5184364646

Tax Period

2024-11-01 to 2025-10-31

INDEPENDENT BANKERS ASSOCIATION OF NEW YORK STATE INC, founded in 1974, is a small nonprofit that reported $895K in total revenue in fiscal year 2024. Expenses of $837K left a modest 7% surplus.

Mission

TO PROVIDE INSTRUCTION AND GUIDANCE TO ITS MEMBERS ON RELEVANT PROFESSIONAL TOPICS.

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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 $0

Program Service Revenue $706,164

Investment Income $28,397

Other Revenue $160,283

TOTAL REVENUE $894,844

Expense Breakdown

Grants Paid $0

Salaries & Benefits $432,212

Fundraising Expenses $0

Other Expenses $404,385

TOTAL EXPENSES $836,597

Year-over-Year Comparison

	2024	2023	Change
Revenue	$894,844	$868,379	+0.0%
Expenses	$836,597	$822,897	+0.0%
Net Income	$58,247	$45,482	+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

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

$271,449

Total Directors

$271,449

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN J WITKOWSKI	PRESIDENT & CEO	40.00	Officer Director	$223,461	$47,988	$271,449
THOMAS AMELL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BALLI	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BUHRMASTER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN GOBEL	DIRECTOR	1.00	Director	$0	$0	$0
DAVE DEMARCO	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DOWD	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT FISHER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL MELLO	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS NAUDON	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH VITALE	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN WOODARD	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
MARK LAVARNWAY	CHAIR	1.00	Officer Director	$0	$0	$0
TIM DICKEY	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
PHILLIP PECORA	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
KELLY WADE	SECRETARY/TREASURER	1.00	Officer Director	$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	$894,844	$836,597	$805,123	$58,247
2024	$868,379	$822,897	$777,184	$45,482
2023	$853,041	$793,316	$754,939	$59,725
2022	$823,075	$743,759	$639,310	$79,316
2021	$672,166	$603,514	$568,525	$68,652
2020	$567,067	$628,068	$513,239	$-61,001
2019	$817,525	$835,472	$539,550	$-17,947
2018	$757,998	$742,580	$618,958	$15,418

INDEPENDENT BANKERS ASSOCIATION OF NEW YORK STATE INC