NEW YORK SELF STORAGE ASSOCIATION INC (EIN 222377991) - 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

1982

Legal Domicile

Principal Officer

BARRY FEINMAN

Phone

5184311106

Tax Period

2024-01-01 to 2024-12-31

NEW YORK SELF STORAGE ASSOCIATION INC, founded in 1982, is a small nonprofit that reported $470K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 18% operating margin.

Mission

TO EDUCATE AND INFORM MEMBERS ON ISSUES IMPORTANT TO THE INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $80,000

Program Service Revenue $379,996

Investment Income $9,658

Other Revenue $0

TOTAL REVENUE $469,654

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $376,387

TOTAL EXPENSES $386,387

Year-over-Year Comparison

	2024	2023	Change
Revenue	$469,654	$357,757	+0.3%
Expenses	$386,387	$408,091	-0.1%
Net Income	$83,267	$-50,334	-2.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STANLEY BONILLA	DIRECTOR	1.00	Director	$0	$0	$0
JAMES COAKLEY	PAST CHAIRMA	1.00	Director	$0	$0	$0
SALLY COLEY	DIRECTOR	1.00	Director	$0	$0	$0
FRANK CRIVELLO	SECRETARY	1.00	Director	$0	$0	$0
ZACH DICKENS	DIRECTOR	1.00	Director	$0	$0	$0
BARRY FEINMAN	TREASURER	1.00	Director	$0	$0	$0
PETER FERRARO	CEO	1.00	Director	$0	$0	$0
PETER GIOIELLO	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN GRANGER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE LARSON	DIRECTOR	1.00	Director	$0	$0	$0
NICK MALAGISI	DIRECTOR	1.00	Director	$0	$0	$0
GUY MIDDLEBROOKS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
RONA SIEGEL	VICE CHAIRMA	1.00	Director	$0	$0	$0
ADAM STECKLER	CHAIRMAN	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	No data	No data	No data	No data
2024	$469,654	$386,387	$460,581	$83,267
2023	$357,757	$408,091	$377,314	$-50,334
2022	$402,064	$270,783	$427,648	$131,281
2021	$315,775	$298,624	$296,367	$17,151
2020	$240,702	$174,706	$279,216	$65,996
2019	$243,854	$257,834	$213,220	$-13,980
2018	$347,314	$281,052	$227,200	$66,262

NEW YORK SELF STORAGE ASSOCIATION INC