NEW YORK ASSOCIATION OF TRAINING AND EMPLOYMENT PROFESSIONALS INC (EIN 223010593) - 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

1972

Legal Domicile

Principal Officer

CHRIS NARDONE

Phone

5185459500

Tax Period

2023-07-01 to 2024-06-30

NEW YORK ASSOCIATION OF TRAINING AND EMPLOYMENT PROFESSIONALS INC, founded in 1972, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023.

Mission

TO ENSURE THAT ONLY NYATEP PROVIDES THE LEADERSHIP, VISION AND ADVOCACY FOR A THRIVING WORKFORCE DEVELOPMENT NETWORK IN 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 (2023)

Revenue Breakdown

Contributions & Grants $502,425

Program Service Revenue $709,466

Investment Income $1,939

Other Revenue $0

TOTAL REVENUE $1,213,830

Expense Breakdown

Grants Paid $0

Salaries & Benefits $759,966

Fundraising Expenses $0

Program Expenses $1,133,356

Other Expenses $520,691

TOTAL EXPENSES $1,280,657

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,213,830	$1,137,945	+0.1%
Expenses	$1,280,657	$1,122,758	+0.1%
Net Income	$-66,827	$15,187	-5.4%

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

Total Directors

$280,867

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS NARDONE	EXEC DIRECTO	40.00	Director	$0	$0	$0
THERESE DALY	INTERIM EXEC	40.00	Director	$128,240	$0	$128,240
MELINDA MACK	FORMER EXEC	40.00	Director	$152,627	$0	$152,627
BRIAN WILLIAMS	PRESIDENT	1.00	Officer Director	$0	$0	$0
SYLVIE NELSON	EXECUTIVE VP	1.00	Officer Director	$0	$0	$0
DENISE ZIESKE	2ND EXECUTIV	1.00	Officer Director	$0	$0	$0
LOIS JOHNSON	TREASURER	1.00	Officer Director	$0	$0	$0
LOUISE MCLOUGHLIN	REGIONAL REP	1.00	Director	$0	$0	$0
DR JOSEPH DRAGONE	REGIONAL REP	1.00	Director	$0	$0	$0
MICHELE ARMANI	REGIONAL REP	1.00	Director	$0	$0	$0
KATHLEEN GEISE	REGIONAL VP	1.00	Director	$0	$0	$0
PATRICIA MALONE	REGIONAL VP	1.00	Director	$0	$0	$0
PAULA BAILEY	REGIONAL VP	1.00	Director	$0	$0	$0
ALICE SAVINO	AT LARGE MEM	1.00	Director	$0	$0	$0
DR SIMONE RODRIGUEZ	AT-LARGE MEM	1.00	Director	$0	$0	$0
JESSICA CENTENO	AT-LARGE MEM	1.00	Director	$0	$0	$0
MICHAEL DEVITO	PARTNER REP	1.00	Director	$0	$0	$0
AIMEE DURFEE	PARTNER REP	1.00	Director	$0	$0	$0
DR KAREN KAWANDRAS	PARTNER REP	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	$1,213,830	$1,280,657	$656,474	$-66,827
2023	$1,137,945	$1,122,758	$733,025	$15,187
2022	$875,902	$784,032	$699,736	$91,870
2021	$549,684	$913,006	$538,574	$-363,322
2020	$1,159,507	$917,268	$924,468	$242,239
2019	$1,135,447	$850,920	$715,416	$284,527

NEW YORK ASSOCIATION OF TRAINING AND EMPLOYMENT PROFESSIONALS INC