NORTHEASTERN ASSOCIATION OF THE BLIND FOUNDATION INC (EIN 200639287) - 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

2004

Legal Domicile

Principal Officer

JOHN MCDONALD

Phone

5184631211

Tax Period

2023-01-01 to 2023-12-31

NORTHEASTERN ASSOCIATION OF THE BLIND FOUNDATION INC, founded in 2004, is a small nonprofit in the Human Services sector that reported $156K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 59% operating margin.

Mission

TO FURTHER SUPPORT THE MISSION OF THE NORTHEASTERN ASSOCIATION OF THE BLIND AT ALBANY, INC. BY PROVIDING FINANCIAL AND OTHER SUPPORT IN THE FURTHERANCE OF THE ASSOCIATION'S PURPOSE.

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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 $27,503

Program Service Revenue $0

Investment Income $128,090

Other Revenue $0

TOTAL REVENUE $155,593

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $63,537

TOTAL EXPENSES $63,537

Year-over-Year Comparison

	2023	2022	Change
Revenue	$155,593	$118,276	+0.3%
Expenses	$63,537	$359,110	-0.8%
Net Income	$92,056	$-240,834	-1.4%

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

$134,639

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES F CARRIERO	PRESIDENT	0.25	Officer Director	$0	$0	$0
MICHAEL MURRAY	TREASURER	0.25	Officer Director	$0	$0	$0
STEVEN A SMITH JR	NABA PRESIDENT	0.25	Director	$0	$0	$0
JAMES WATKINSON	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
JOHN MCDONALD	PRESIDENT	0.25	Officer Director	$0	$0	$0
LAURA E ZELIGER	CEO	35.00	Officer	$0	$3,296	$134,639

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	$155,593	$63,537	$3,864,775	$92,056
2022	$118,276	$359,110	$3,676,889	$-240,834
2021	$308,793	$1,121,558	$4,109,101	$-812,765
2020	$320,577	$455,753	$4,652,684	$-135,176
2019	$318,893	$603,027	$4,653,035	$-284,134
2018	$235,796	$532,319	$4,452,742	$-296,523
2018	$212,476	$508,999	$4,452,742	$-296,523

NORTHEASTERN ASSOCIATION OF THE BLIND FOUNDATION INC