PATERSON PAL INC (EIN 223087187) - 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

1990

Legal Domicile

Principal Officer

AGOSTINO FEOLA

Phone

9739567715

Tax Period

2022-01-01 to 2022-12-31

PATERSON PAL INC, founded in 1990, is a small nonprofit in the Youth Development sector that reported $103K in total revenue in fiscal year 2022. Expenses of $89K left a modest 13% surplus.

Mission

PROVIDE PROGRAMS FOR THE YOUTH IN THE COMMUNITY THAT PROMOTE SPIRIT OF COMPETITION, SELF ESTEEM AND LEADERSHIP.

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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 (2022)

Revenue Breakdown

Contributions & Grants $103,202

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $103,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4

Fundraising Expenses $7,165

Program Expenses $78,438

Other Expenses $89,424

TOTAL EXPENSES $89,428

Year-over-Year Comparison

	2022	2021	Change
Revenue	$103,202	$100,723	+0.0%
Expenses	$89,428	$100,419	-0.1%
Net Income	$13,774	$304	+44.3%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

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

$38,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AGOSTINO FEOLA	EXECUTIVE DIRECTOR	10.00	Director	$38,400	$0	$38,400
MICHAEL COVIELLO	PRESIDENT	5.00	Officer 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
2022	$103,202	$89,428	$16,046	$13,774
2021	$100,723	$100,419	$2,272	$304
2020	$103,232	$103,175	$1,968	$57
2019	$72,866	$100,250	$1,911	$-27,384
2018	$109,025	$78,758	$29,295	$30,267

PATERSON PAL INC