NEW YORK STATE TRIBUTE FOUNDATION INC

EIN: 200118947 501(c)(3) Health Care

ALBANY, NY

Total Revenue
$497,313
Total Expenses
$298,974
Total Assets
$8,515,071
Net Assets
$8,515,021
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
MICHAEL LANOTTE
Phone
5184528230
Tax Period
2025-01-01 to 2025-12-31

NEW YORK STATE TRIBUTE FOUNDATION INC, founded in 2003, is a small nonprofit in the Health Care sector that reported $497K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 40% operating margin.

Mission

TO ACT AS A RESOURCE TO FURTHER AWARENESS OF ISSUES RELATED TO DEATH AND DYING USING THE CORNERSTONES OF EDUCATION, PHILANTHROPY, RESEARCH, AND CONSUMER OUTREACH.

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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 (2025)

Revenue Breakdown

Contributions & Grants $90,800
Program Service Revenue $1,742
Investment Income $385,246
Other Revenue $19,525
TOTAL REVENUE $497,313

Expense Breakdown

Grants Paid $160,965
Salaries & Benefits $0
Fundraising Expenses $5,179
Program Expenses $237,179
Other Expenses $138,009
TOTAL EXPENSES $298,974

Year-over-Year Comparison

2025 2024 Change
Revenue $497,313 $351,304 +0.4%
Expenses $298,974 $305,139 0.0%
Net Income $198,339 $46,165 +3.3%
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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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
15

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
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY DOYLE CFSP CHAIR 1.00
Officer Director
$0 $0 $0
JOANNE SULLIVAN SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
ROBIN JENNINGS MEMBER 1.00
Director
$0 $0 $0
DAVE ROBERTS MEMBER 1.00
Director
$0 $0 $0
MARIKA MCMEANS CFSP MEMBER 1.00
Director
$0 $0 $0
GORDON TERRY CFSP MEMBER 1.00
Director
$0 $0 $0
PASTOR BYRON WILLIAMS SR MEMBER 1.00
Director
$0 $0 $0
MARGARET ANDERTON MEMBER 1.00
Director
$0 $0 $0
DANFORD BAXTER MEMBER 1.00
Director
$0 $0 $0
STEVEN JOHNSON MEMBER 1.00
Director
$0 $0 $0
SABRINA JOYNES CFSP MEMBER 1.00
Director
$0 $0 $0
GARY ROG MEMBER 1.00
Director
$0 $0 $0
DOUGLAS WILSON MEMBER 1.00
Director
$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
2025 $497,313 $298,974 $8,515,071 $198,339
2024 $351,304 $305,139 $7,805,344 $46,165
2023 $373,931 $314,205 $7,552,108 $59,726
2022 $312,164 $242,298 $7,132,028 $69,866
2021 $658,983 $193,492 $7,929,524 $465,491
2020 $1,075,476 $238,407 $7,215,186 $837,069
2019 $1,190,038 $169,167 $6,037,977 $1,020,871
2018 $4,144,318 $202,288 $4,983,999 $3,942,030
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