THE CHAMBER ALLIANCE OF NYS INC (EIN 161358967) - 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

2002

Legal Domicile

Principal Officer

TOM COTE

Phone

5182172870

Tax Period

2024-01-01 to 2024-12-31

THE CHAMBER ALLIANCE OF NYS INC, founded in 2002, is a micro nonprofit in the Community Improvement sector that reported $3K in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 979% operating deficit.

Mission

THE CHAMBER ALLIANCE OF NEW YORK STATE (CANYS) IS DEDICATED TO FOCUSING THE COLLECTIVE INFLUENCE AND EFFORTS OF THE CHAMBER COMMUNITY, AS WELL AS CONTRIBUTING TO ITS MEMBERS' GROWTH AND PROFESSIONALISM.

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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 $2,735

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $29,500

TOTAL EXPENSES $29,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,735	$24,022	-0.9%
Expenses	$29,500	$42,713	-0.3%
Net Income	$-26,765	$-18,691	+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

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
LISA SORIN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN RAVITZ	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW FISH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
HEATHER BELL	CHAIR	1.00	Officer Director	$0	$0	$0
TOM COTE	EXECUTIVE DIRECTOR	1.00	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
2024	$2,735	$29,500	$131,260	$-26,765
2023	$24,022	$42,713	$158,025	$-18,691
2022	$529,161	$369,393	$176,716	$159,768

THE CHAMBER ALLIANCE OF NYS INC