NEW YORK SOLAR ENERGY INDUSTRIES ASSOCIATION INC

EIN: 223777367 Community Improvement

LONG ISLAND CITY, NY

Total Revenue
$744,258
Total Expenses
$783,303
Total Assets
$259,778
Net Assets
$67,477
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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
1994
Legal Domicile
NY
Principal Officer
NOAH GINSBURG
Phone
5183902890
Tax Period
2023-01-01 to 2023-12-31

NEW YORK SOLAR ENERGY INDUSTRIES ASSOCIATION INC, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $744K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

NYSEIA'S MISSION IS TO EDUCATE THE PUBLIC, LEGISTLATORS, POLICYMAKERS, AND REGULATORS ON THE ENVIRONMENTAL, ECONOMIC DEVELOPMENT, AND ENERGY-SUPPLY BENEFITS OF SOLAR ENERGY USE. NYSEIA COLLABORATES WITH RENEWABLE ENERGY, ENVIRONMENTAL, AND ECONOMIC DEVELOPMENT GROUPS TO EXPAND SOLAR ENERGY 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $346,613
Program Service Revenue $396,986
Investment Income $659
Other Revenue $0
TOTAL REVENUE $744,258

Expense Breakdown

Grants Paid $0
Salaries & Benefits $525,916
Fundraising Expenses $132,783
Program Expenses $391,271
Other Expenses $257,387
TOTAL EXPENSES $783,303

Year-over-Year Comparison

2023 2022 Change
Revenue $744,258 $618,513 +0.2%
Expenses $783,303 $611,076 +0.3%
Net Income $-39,045 $7,437 -6.3%
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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Governance

Voting Members
12
Independent Members
12
Employees
6
Volunteers
12

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
6
$132,607
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL MONTANTE PRESIDENT 1.75
Officer Director
$0 $0 $0
REID GARTON VICE PRESIDENT - RESIDENTIAL 1.75
Officer Director
$0 $0 $0
EMILIE FLANAGAN VICE PRESIDENT - COMMERCIAL 1.75
Officer Director
$0 $0 $0
DAVID SCHIEREN CHAIRMAN 1.75
Officer Director
$0 $0 $0
TR LUDWIG TREASURER 1.75
Officer Director
$0 $0 $0
ARTHUR PERRI JR BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH CURRAN BOARD MEMBER 1.00
Director
$0 $0 $0
FAYEANN LAWRENCE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE PIASECKI BOARD MEMBER 1.00
Director
$0 $0 $0
PETER ROSS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHAN ROUNDTREE JR BOARD MEMBER 1.00
Director
$0 $0 $0
TWIGGY MENDENHALL BOARD MEMBER 1.00
Director
$0 $0 $0
NOAH GINSBURG EXECUTIVE DIRECTOR 40.00
Officer
$132,607 $0 $132,607
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 $744,258 $783,303 $259,778 $-39,045
2022 $618,513 $611,076 $290,500 $7,437
2022 $618,513 $611,076 $290,500 $7,437
2021 $567,086 $521,707 $286,078 $45,379
2020 $352,587 $234,496 $221,964 $118,091
2019 $235,668 $159,046 $103,256 $76,622
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