CORTLAND COLLEGE FOUNDATION PROPERTIES INC (EIN 208746984) - 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

2007

Legal Domicile

Principal Officer

DAVID TURYBURY

Phone

6077535744

Tax Period

2023-07-01 to 2024-06-30

CORTLAND COLLEGE FOUNDATION PROPERTIES INC, founded in 2007, is a micro nonprofit in the Community Improvement sector that reported $63K in total revenue in fiscal year 2023. Expenses of $56K left a modest 10% surplus.

Mission

TO HOLD, ACQUIRE AND TRANSFER OR SELL REAL ESTATE GIFTS, AND PROPERTIES OF STRATEGIC VALUE TO CORTLAND COLLEGE FOUNDATION.

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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 $0

Program Service Revenue $62,629

Investment Income $21

Other Revenue $0

TOTAL REVENUE $62,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $56,357

TOTAL EXPENSES $56,357

Year-over-Year Comparison

	2023	2022	Change
Revenue	$62,650	$60,823	+0.0%
Expenses	$56,357	$67,743	-0.2%
Net Income	$6,293	$-6,920	-1.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHANNA AMES	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
NORA SULLIVAN	TREASURER/VICE CHAIR (PART YEAR)	1.00	Officer Director	$0	$0	$0
DAVID TURYBURY	CHAIR	1.00	Officer Director	$0	$0	$0
CANDY ALTMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ERNEST LOGAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JESSE CRANE	TREASURER	1.00	Officer Director	$0	$0	$0
RICHARD COYNE	EXECUTIVE DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$62,650	$56,357	$1,190,900	$6,293
2023	$60,823	$67,743	$1,184,185	$-6,920
2022	$57,703	$51,144	$1,189,719	$6,559
2021	$56,996	$48,838	$1,182,257	$8,158
2020	$57,037	$53,113	$1,173,843	$3,924
2019	$57,074	$51,817	$1,169,636	$5,257
2018	$40,184	$85,707	$1,164,261	$-45,523

CORTLAND COLLEGE FOUNDATION PROPERTIES INC