LEARNING DISABILITIES ASSOCIATION OF WESTERN NEW YORK INC (EIN 161118058) - 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

1978

Legal Domicile

Principal Officer

ANNE SPISIAK

Phone

7163018700

Tax Period

2024-01-01 to 2024-12-31

LEARNING DISABILITIES ASSOCIATION OF WESTERN NEW YORK INC, founded in 1978, is a mid-sized nonprofit that reported $31.4M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $29.3M left a modest 7% surplus.

Mission

OUR MISSION IS TO PROVIDE HIGH QUALITY, INDIVIDUALIZED, COMPREHENSIVE AND INNOVATIVE SERVICES WHICH SUPPORT, EDUCATE AND EMPOWER INDIVIDUALS WITH LEARNING DISABILITIES, NEUROLOGICAL IMPAIRMENT AND OTHER DISABILITIES WITH SIMILAR NEEDS.

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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 $781,184

Program Service Revenue $29,381,568

Investment Income $486,506

Other Revenue $741,779

TOTAL REVENUE $31,391,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,151,451

Fundraising Expenses $0

Program Expenses $25,559,858

Other Expenses $5,158,059

TOTAL EXPENSES $29,309,510

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,391,037	$27,475,292	+0.1%
Expenses	$29,309,510	$27,321,884	+0.1%
Net Income	$2,081,527	$153,408	+12.6%

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

Employees

813

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

$496,977

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS J SNYDER	PRESIDENT	0.50	Director	$0	$0	$0
LATASHIA MARTIN	VICE PRESIDENT (RESIGNED AS OF 6/17/24)	0.50	Director	$0	$0	$0
SHARON A SWIFT	VICE PRESIDENT	0.50	Director	$0	$0	$0
DALE STEINWALD	TREASURER	0.50	Director	$0	$0	$0
DAVE POLLEY	SECRETARY	0.50	Director	$0	$0	$0
PETER T VOM SCHEIDT	IMMEDIATE PAST PRESIDENT (RESIGNED AS OF 6/17/24)	0.50	Director	$0	$0	$0
ANDY CALDERON	DIRECTOR	0.50	Director	$0	$0	$0
ROBBIE DUNN	DIRECTOR	0.50	Director	$0	$0	$0
JOSEPH GREENWALD	DIRECTOR	0.50	Director	$0	$0	$0
SARAH GRUSZKA	DIRECTOR	0.50	Director	$0	$0	$0
LAMONICA HARRIS	DIRECTOR	0.50	Director	$0	$0	$0
NICHOLAS HOFFMAN	DIRECTOR	0.50	Director	$0	$0	$0
REGINALD INGRAM	DIRECTOR	0.50	Director	$0	$0	$0
RAYMOND F JOHNSON II	DIRECTOR	0.50	Director	$0	$0	$0
KATHY MESSER	DIRECTOR	0.50	Director	$0	$0	$0
BEN ROBERTS	DIRECTOR	0.50	Director	$0	$0	$0
ANDREA RUSSELL	DIRECTOR	0.50	Director	$0	$0	$0
MEG STEFFON	DIRECTOR	0.50	Director	$0	$0	$0
KAREN M UTZ	DIRECTOR (RESIGNED AS OF 6/17)	0.50	Director	$0	$0	$0
JEFFRY A WACH	DIRECTOR	0.50	Director	$0	$0	$0
ANNE SPISIAK	CHIEF EXECUTIVE OFFICER	40.00	Officer	$208,983	$16,931	$225,914
ROBERT MARTIN	CHIEF FINANCIAL OFFICER	40.00	Officer	$107,411	$20,633	$128,044
MARC HENNIG	DEPUTY EXECUTIVE DIRECTOR	40.00	Officer	$113,747	$29,272	$143,019

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	$31,391,037	$29,309,510	$21,314,489	$2,081,527
2023	$27,475,292	$27,321,884	$18,978,199	$153,408
2022	$26,952,723	$26,965,393	$19,839,108	$-12,670
2021	$4,880,891	$4,162,684	$2,525,018	$718,207
2020	$4,180,831	$3,808,780	$1,872,877	$372,051
2019	$4,692,607	$4,250,919	$1,278,852	$441,688
2018	$4,633,292	$4,626,860	$751,562	$6,432

LEARNING DISABILITIES ASSOCIATION OF WESTERN NEW YORK INC