MANUF WOODWORKERS INDUSTRY PROMO FUND OF GREATER NEW YORK INC (EIN 222925363) - 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

1944

Legal Domicile

Principal Officer

ANTHONY RIZZO

Phone

9149481976

Tax Period

2024-07-01 to 2025-06-30

MANUF WOODWORKERS INDUSTRY PROMO FUND OF GREATER NEW YORK INC, founded in 1944, is a micro nonprofit that reported $36K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $44K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE ORGANIZATION WILL NEGOTIATE AND ENTER INTO COLLECTIVE BARGAINING AGREEMENTS WITH VARIOUS UNIONS REPRESENTING THE EMPLOYEES OF THE MEMBERS OF THE ASSOCIATION ON BEHALF OF SUCH MEMBERS. THE ASSOCIATION WILL KEEP MEMBERS ABREAST OF INFORMATION AND DEVELOPMENTS IN THE MANUFACTURING WOODWORKERS 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 $0

Program Service Revenue $33,678

Investment Income $2,584

Other Revenue $0

TOTAL REVENUE $36,262

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,190

Other Expenses $44,190

TOTAL EXPENSES $44,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,262	$47,417	-0.2%
Expenses	$44,190	$38,935	+0.1%
Net Income	$-7,928	$8,482	-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

N/A

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
ANTHONY RIZZO	PRESIDENT	3.00	Director	$0	$0	$0
HELGE HALVORSEN	TREASURER	3.00	Director	$0	$0	$0
GEORGE GRECO	SECRETARY	3.00	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	$36,262	$44,190	$98,657	$-7,928
2024	$47,417	$38,935	$106,585	$8,482
2023	$46,960	$68,424	$98,103	$-21,464
2022	$42,916	$34,024	$119,567	$8,892
2021	$52,308	$94,939	$110,675	$-42,631
2020	$84,476	$112,689	$153,306	$-28,213
2019	$72,869	$92,692	$181,519	$-19,823

MANUF WOODWORKERS INDUSTRY PROMO FUND OF GREATER NEW YORK INC