BUSINESS INCUBATOR ASSOCIATION OF NEW YORK STATE INC (EIN 204440469) - 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

2005

Legal Domicile

Principal Officer

MARC ALESSI

Phone

5182070427

Tax Period

2021-01-01 to 2021-12-31

BUSINESS INCUBATOR ASSOCIATION OF NEW YORK STATE INC, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $134K in total revenue in fiscal year 2021. Revenue surged 333% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 29% operating margin.

Mission

TO BRING TOGETHER A COMMUNITY OF ENGAGED PROGRAM LEADERS OF INCUBATORS, ACCELERATORS, AND CO-WORKING SPACES SPANNING ALL CORNERS OF 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 (2021)

Revenue Breakdown

Contributions & Grants $107,190

Program Service Revenue $26,852

Investment Income $0

Other Revenue $0

TOTAL REVENUE $134,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,479

Fundraising Expenses $0

Other Expenses $45,512

TOTAL EXPENSES $94,991

Year-over-Year Comparison

	2021	2020	Change
Revenue	$134,042	$30,971	+3.3%
Expenses	$94,991	$42,510	+1.2%
Net Income	$39,051	$-11,539	-4.4%

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

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

$45,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM SCHRYVER	CHAIR	5.00	Officer Director	$0	$0	$0
STEVEN KUYAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KATHI DURDON	SECRETARY	2.00	Officer Director	$0	$0	$0
THOMAS MURDOCK	TREASURER	2.00	Officer Director	$0	$0	$0
BOB HERZ	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY ARYWITZ	DIRECTOR	1.00	Director	$0	$0	$0
JAMEY HOOSE	DIRECTOR	1.00	Director	$0	$0	$0
ANN-MARIE SCHEIDT	DIRECTOR	1.00	Director	$0	$0	$0
ARBER RUCI	DIRECTOR	1.00	Director	$0	$0	$0
MARC ALESSI	EXECUTIVE DIRECTOR	20.00	Officer	$45,000	$0	$45,000
MADONNA SPITLER	DIRECTOR OF OPERATIONS	20.00	Officer	$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
2021	$134,042	$94,991	$72,763	$39,051

BUSINESS INCUBATOR ASSOCIATION OF NEW YORK STATE INC