CANANDAIGUA, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FINGER LAKES AREA COMMUNITY ENDOWMENT, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.6M in total revenue in fiscal year 2023. Net assets of $20.3M represent 53 months of operating reserves.
THE FINGER LAKES AREA COMMUNITY ENDOWMENT ("COMMUNITY ENDOWMENT") WAS ORGANIZED TO RAISE FUNDS FROM PRIVATE AND PUBLIC SOURCES FOR AREA PHILANTHROPIC PURPOSES AND TO ALLOCATE AND DISTRIBUTE FUNDS TO CHARITABLE ORGANIZATIONS THAT QUALIFY AS EXEMPT UNDER THE LAW, SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW), OR INDIVIDUALS WHO QUALIFY AS SUITABLE BENEFICIARIES UNDER THE LAW.
DONATIONS WERE MADE TO LOCAL CHARITABLE ORGANIZATIONS ACCORDING TO THE CONTRIBUTORS OR AS THE TRUSTEES DECIDE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,562,384 | $4,726,079 | 0.0% |
| Expenses | $4,770,367 | $5,251,549 | -0.1% |
| Net Income | $-207,983 | $-525,470 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GEORGE W HAMLIN IV | ADVISORY BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK HAMLIN | ADVISORY BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSS KENYON | ADVISORY BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH CULETON | ADVISORY BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| GINNY RYAN | ADVISORY BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL STONE | ADVISORY BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| RITA NISCHAL ESQ | INSTITUTIONAL TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRSTEN JOHNSON | INSTITUTIONAL TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT TRUMBOWER | INSTITUTIONAL TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BOWEE CLARK | INSTITUTIONAL TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MOLLY RODRIGUEZ | INSTITUTIONAL TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGAN BARKLEY | INSTITUTIONAL TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $4,562,384 | $4,770,367 | $20,327,058 | $-207,983 |
| 2022 | $4,726,079 | $5,251,549 | $20,437,572 | $-525,470 |
| 2021 | $6,723,172 | $3,940,989 | $22,041,083 | $2,782,183 |
| 2020 | $4,658,674 | $3,333,363 | $17,790,917 | $1,325,311 |
| 2019 | $6,681,550 | $3,708,936 | $15,865,788 | $2,972,614 |
| 2018 | $5,390,163 | $4,195,502 | $11,786,405 | $1,194,661 |
| 2018 | $4,390,163 | $4,195,502 | $11,786,404 | $194,661 |
| 2017 | $3,781,715 | $2,630,120 | $11,234,266 | $1,151,595 |
Compare FINGER LAKES AREA COMMUNITY ENDOWMENT with other nonprofits in New York and across the country.