New York Municipal Power Agency (EIN 161539068) - 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

1996

Legal Domicile

Principal Officer

Matt Hegarty

Phone

3154537851

Tax Period

2025-01-01 to 2025-12-31

New York Municipal Power Agency, founded in 1996, is a mid-sized nonprofit in the Mutual Benefit sector that reported $83.5M in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

MISSIONENSURING SAFE, INEXPENSIVE, AND RELIABLE ENERGY TO OUR MEMBER MUNICIPALITIES THROUGHOUT 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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $82,614,485

Investment Income $918,786

Other Revenue $0

TOTAL REVENUE $83,533,271

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,307

Fundraising Expenses $0

Program Expenses $87,552,625

Other Expenses $87,632,678

TOTAL EXPENSES $87,793,985

Year-over-Year Comparison

	2025	2024	Change
Revenue	$83,533,271	$63,626,437	+0.3%
Expenses	$87,793,985	$59,406,569	+0.5%
Net Income	$-4,260,714	$4,219,868	-2.0%

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

$103,635

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matt Hegarty	President	4.00	Director	$0	$0	$0
Melissa Gerhardt	1st Vice President	4.00	Director	$0	$0	$0
Stacy Stanton	Treasurer	4.00	Director	$0	$0	$0
Erin Bonacci	Secretary	4.00	Director	$0	$0	$0
Health Gordon	2nd Vice President	4.00	Director	$0	$0	$0
James Stokes	General Manager	20.00	Officer	$103,635	$0	$103,635

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
2025	$83,533,271	$87,793,985	$33,224,616	$-4,260,714
2024	$63,626,437	$59,406,569	$41,443,056	$4,219,868
2023	$67,687,818	$63,181,980	$34,333,775	$4,505,838
2022	$72,287,355	$78,306,164	$36,759,661	$-6,018,809
2021	$46,150,852	$46,326,939	$33,296,006	$-176,087
2020	$40,019,335	$40,851,218	$33,109,444	$-831,883
2019	$45,775,479	$42,825,997	$29,193,218	$2,949,482
2018	$53,331,592	$51,516,189	$25,346,473	$1,815,403

New York Municipal Power Agency