GRANTMAKERS FORUM OF NEW YORK INC DBA NY FUNDERS ALLIANCE INITIATIVES FUND (EIN 161315982) - 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

1988

Legal Domicile

Principal Officer

CORINNE RIBBLE

Phone

3155650451

Tax Period

2023-01-01 to 2023-12-31

GRANTMAKERS FORUM OF NEW YORK INC DBA NY FUNDERS ALLIANCE INITIATIVES FUND, founded in 1988, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $720K in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum.

Mission

GRANTMAKER EDUCATION, RESEARCH & TECHNICAL ASSISTANCE, COMMUNICATION & COOPERATION AMONG FUNDERS AND PARTNERSHIPS WITH GRANTSEEKERS

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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 $719,773

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $719,773

Expense Breakdown

Grants Paid $719,773

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $719,773

Other Expenses $0

TOTAL EXPENSES $719,773

Year-over-Year Comparison

	2023	2022	Change
Revenue	$719,773	$351,486	+1.0%
Expenses	$719,773	$351,386	+1.0%
Net Income	$0	$100	-1.0%

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

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

$140,993

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TORY IRGANG	DIRECTOR	1.00	Director	$0	$0	$0
MATT KUHLENBECK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DON MATTESON	PRESIDENT	1.00	Officer Director	$0	$0	$0
LAURA ROSSI	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE CHEU	TREASURER	1.00	Officer Director	$0	$0	$0
MAURA DEWAN	DIRECTOR	1.00	Director	$0	$0	$0
AMY PANEK	SECRETARY	1.00	Officer Director	$0	$0	$0
JONATHAN SNOW	DIRECTOR	1.00	Director	$0	$0	$0
CORINNE RIBBLE	EXECUTIVE DIRECTOR	1.00	Officer	$131,769	$9,224	$140,993

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	$719,773	$719,773	$600	No data
2022	$351,486	$351,386	$600	$100
2021	$205,388	$205,388	$500	No data
2020	$233,715	$233,215	$500	$500

GRANTMAKERS FORUM OF NEW YORK INC DBA NY FUNDERS ALLIANCE INITIATIVES FUND