Gay & Lesbian Youth Services of WNY Inc

EIN: 222592319 501(c)(3)

Buffalo, NY

Total Revenue
$409,876
Total Expenses
$493,598
Total Assets
$948,818
Net Assets
$732,560
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NY
Principal Officer
Jacob Kavanaugh
Phone
7168550221
Tax Period
2023-01-01 to 2023-12-31

Gay & Lesbian Youth Services of WNY Inc, founded in 1983, is a small nonprofit that reported $410K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $494K exceeded revenue, resulting in a 20% operating deficit.

Mission

The mission of GLYS is to strive to provide a supporting environment which enhances the personal growth of gay, lesbian, bisexual, transgendered and questioning youth in Western New York. GLYS advocates for community awareness and acceptance for young people of all sexual orientations and gender identities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $396,592
Program Service Revenue $0
Investment Income $17,482
Other Revenue $-4,198
TOTAL REVENUE $409,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $365,541
Fundraising Expenses $35,836
Program Expenses $384,762
Other Expenses $128,057
TOTAL EXPENSES $493,598

Year-over-Year Comparison

2023 2022 Change
Revenue $409,876 $271,923 +0.5%
Expenses $493,598 N/A N/A
Net Income $-83,722 $271,923 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
7
Volunteers
25

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
5
$77,745
Total Directors
16
$77,745
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Wah Board President 4.00
Officer Director
$0 $0 $0
Khris Decker Vice President 4.00
Officer Director
$0 $0 $0
Ifoema Ifedigbo Secretary 4.00
Officer Director
$0 $0 $0
Darren Brown-Hall Treasurer 4.00
Officer Director
$0 $0 $0
Sheri Scavone Past President 2.00
Director
$0 $0 $0
Michael Boucai Board Member 2.00
Director
$0 $0 $0
Dominic Cottone Board Member 2.00
Director
$0 $0 $0
Ed Drantch Board Member 2.00
Director
$0 $0 $0
Candice Fletcher-Pacheco Board member 2.00
Director
$0 $0 $0
Amy Hequembourg Board member 2.00
Director
$0 $0 $0
Michael Kugel Board member 2.00
Director
$0 $0 $0
Darlene Maclay Board member 2.00
Director
$0 $0 $0
Neil Pawlowski Board member 2.00
Director
$0 $0 $0
Abigail Skinner Board member 2.00
Director
$0 $0 $0
Gerard Williams Board member 2.00
Director
$0 $0 $0
Jacob Kavanaugh Executive Director 40.00
Officer Director
$77,745 $0 $77,745
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 $409,876 $493,598 $948,818 $-83,722
2022 $360,422 $364,183 $1,031,621 $-3,761
2021 $271,923 $236,236 $917,401 $35,687
2020 $226,416 $203,395 $821,779 $23,021
2019 $195,626 $253,393 $775,386 $-57,767
2018 $211,854 $252,688 $795,505 $-40,834
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