THE FOUNDATION OF THE BROOME-TIOGA ASSOCIATION FOR RETARDED CITIZENS

EIN: 223273829 501(c)(3) Philanthropy & Grantmaking

BINGHAMTON, NY

Total Revenue
$266,013
Total Expenses
$529,055
Total Assets
$3,636,810
Net Assets
$2,084,994
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NY
Principal Officer
ANNE CATALANO
Phone
6077238361
Tax Period
2023-01-01 to 2023-12-31

THE FOUNDATION OF THE BROOME-TIOGA ASSOCIATION FOR RETARDED CITIZENS, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $266K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $529K exceeded revenue, resulting in a 99% operating deficit.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE FOUNDATION IS TO PROMOTE PLANNED GIVING ACTIVITIES FOR THE EXCLUSIVE BENEFIT OF NYSARC, INC., BROOME-CHENANGO-TIOGA COUNTIES CHAPTER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $256,595
Program Service Revenue $0
Investment Income $9,418
Other Revenue $0
TOTAL REVENUE $266,013

Expense Breakdown

Grants Paid $514,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $523,830
Other Expenses $14,555
TOTAL EXPENSES $529,055

Year-over-Year Comparison

2023 2022 Change
Revenue $266,013 $197,006 +0.4%
Expenses $529,055 $31,312 +15.9%
Net Income $-263,042 $165,694 -2.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
8
$514,706
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE CATALANO CHAIRPERSON 0.50
Officer Director
$0 $0 $0
MICHAEL FOSBURY VICE CHAIRPERSON 0.50
Officer Director
$0 $0 $0
DAVE CHAMBERS BOARD MEMBER 0.50
Director
$0 $0 $0
JIM WEED BOARD MEMBER 0.50
Director
$0 $0 $0
RYAN MEAD SECRETARY 0.50
Officer Director
$0 $0 $0
DAVE CLEMENTS TREASURER 0.50
Officer Director
$0 $0 $0
CORY JACOBS BOARD MEMBER 0.50
Director
$0 $0 $0
JOSEPH MORAN BOARD MEMBER 0.50
Director
$0 $0 $0
AMY HOWARD CHIEF EXECUTIVE OFFICER 0.50
Officer
$0 $29,093 $224,306
LISA WHITNEY CHIEF OPERATING OFFICER 0.50
Officer
$0 $18,664 $116,282
JILL LOVULO CHIEF OPERATING OFFICER 0.50
Officer
$0 $2,807 $39,205
ANN YEAGER CHIEF FINANCIAL OFFICER 0.50
Officer
$0 $16,676 $134,913
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 $266,013 $529,055 $3,636,810 $-263,042
2022 $197,006 $31,312 $3,626,783 $165,694
2021 $591,220 $19,360 $4,117,763 $571,860
2020 $169,419 $53,851 $3,487,978 $115,568
2019 $91,178 $24,318 $2,927,921 $66,860
2018 $138,813 $22,748 $2,523,619 $116,065
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE FOUNDATION OF THE BROOME-TIOGA ASSOCIATION FOR RETARDED CITIZENS with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.