WESTERN NEW YORK GRANTMAKERS ASSOCIATION INC DBA NY FUNDERS ALLIANCE

EIN: 161332634 501(c)(3)

SYRACUSE, NY

Total Revenue
$1,901,617
Total Expenses
$1,799,077
Total Assets
$2,097,483
Net Assets
$814,857
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NY
Principal Officer
CORINNE RIBBLE
Phone
3155650451
Tax Period
2023-01-01 to 2023-12-31

WESTERN NEW YORK GRANTMAKERS ASSOCIATION INC DBA NY FUNDERS ALLIANCE, founded in 1988, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 5% surplus.

Mission

FORMED FOR THE PURPOSE OF SUPPORTING AND PROMOTING EFFECTIVE PHILANTHROPY THROUGHOUT OUR REGION IN NEW YORK STATE

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,602,689
Program Service Revenue $214,639
Investment Income $84,289
Other Revenue $0
TOTAL REVENUE $1,901,617

Expense Breakdown

Grants Paid $0
Salaries & Benefits $618,355
Fundraising Expenses $0
Program Expenses $1,540,412
Other Expenses $1,180,722
TOTAL EXPENSES $1,799,077

Year-over-Year Comparison

2023 2022 Change
Revenue $1,901,617 $1,450,979 +0.3%
Expenses $1,799,077 $1,283,215 +0.4%
Net Income $102,540 $167,764 -0.4%
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

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Governance

Voting Members
8
Independent Members
8
Employees
7
Volunteers
18

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
5
$140,993
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
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
DON MATTESON PRESIDENT 1.00
Officer Director
$0 $0 $0
LAURA ROSSI DIRECTOR 1.00
Director
$0 $0 $0
TORY IRGANG DIRECTOR 1.00
Director
$0 $0 $0
MATT KUHLENBECK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JONATHAN SNOW DIRECTOR 1.00
Director
$0 $0 $0
CORINNE RIBBLE EXECUTIVE DIRECTOR 40.00
Officer
$131,769 $9,224 $140,993
RACHEL BONSIGNORE LIFTOFF WNY DIRECTOR 40.00
Highest
$135,542 $10,001 $145,543
KATHRYN PIERI WNY SUPPORT GROUP DIRECTOR 40.00
Highest
$113,376 $13,161 $126,537
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 $1,901,617 $1,799,077 $2,097,483 $102,540
2022 $1,450,979 $1,283,215 $1,899,080 $167,764
2021 $1,086,609 $977,748 $1,728,088 $108,861
2020 $1,286,421 $1,246,283 $1,710,246 $40,138
2019 $830,852 $752,808 $1,127,763 $78,044
2018 $324,847 $354,022 $586,490 $-29,175
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