FAMILY PROMISE OF WESTERN NEW YORK (EIN 161474044) - 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

1994

Legal Domicile

Principal Officer

LUANNE FIRESTONE

Phone

7167713007

Tax Period

2023-01-01 to 2023-12-31

FAMILY PROMISE OF WESTERN NEW YORK, founded in 1994, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. The organization ran a surplus of $161K, a strong 16% operating margin.

Mission

ALONGSIDE OUR PARNTERS, WE KEEP FAMILIES EXPERIENCING HOMELESSNESS TOGETHER BY OFFERING HOUSING AND COMPASSIONATE SUPPORT AS THEY FIND WORK TO FIND THEIR WAY BACK HOME.

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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 $389,839

Program Service Revenue $620,243

Investment Income $1,823

Other Revenue $17,284

TOTAL REVENUE $1,029,189

Expense Breakdown

Grants Paid $0

Salaries & Benefits $546,041

Fundraising Expenses $7,313

Program Expenses $707,953

Other Expenses $322,392

TOTAL EXPENSES $868,433

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,029,189	$1,048,122	0.0%
Expenses	$868,433	$709,341	+0.2%
Net Income	$160,756	$338,781	-0.5%

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

Volunteers

150

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

$56,084

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRYSTAL VAN NOTE CPA	PRESIDENT	15.00	Officer Director	$0	$0	$0
MELISSA KEITH	VICE PRESIDENT	7.00	Officer Director	$0	$0	$0
KAYLEI NICKERSON CPA	TREASURER	7.00	Officer Director	$0	$0	$0
CLARA MORAN	SECRETARY	7.00	Officer Director	$0	$0	$0
DAWN ASKEW MBA	TRUSTEE	7.00	Director	$0	$0	$0
MATTHEW BECTON	TRUSTEE	7.00	Director	$0	$0	$0
JAMES CONNOLLY	TRUSTEE	7.00	Director	$0	$0	$0
MARISSA DESIDERIO LCSW	TRUSTEE	7.00	Director	$0	$0	$0
J CHRISTIAN HOFFMAN	TRUSTEE	7.00	Director	$0	$0	$0
MARGOT KNAB	TRUSTEE	7.00	Director	$0	$0	$0
SHANNON FAGAN	TRUSTEE	7.00	Director	$0	$0	$0
STEPHEN BLASS	TRUSTEE	7.00	Director	$0	$0	$0
MICHAEL MURAK	TRUSTEE	7.00	Director	$0	$0	$0
LUANNE FIRESTONE	EXECUTIVE DIRECTOR	40.00	Officer	$53,778	$2,306	$56,084

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	$1,029,189	$868,433	$1,202,425	$160,756
2022	$1,048,122	$709,341	$1,016,330	$338,781
2021	$643,580	$488,667	$594,719	$154,913
2021	$678,598	$492,227	$619,881	$186,371
2020	$421,642	$249,863	$466,250	$171,779
2019	$340,330	$213,966	$266,680	$126,364
2018	$243,271	$162,512	$138,973	$80,759

FAMILY PROMISE OF WESTERN NEW YORK