JOKERS NEW YEAR ASSOCIATION (EIN 231641448) - 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

1948

Legal Domicile

Principal Officer

Andrew Runowski

Phone

2154654141

Tax Period

2024-01-01 to 2024-12-31

JOKERS NEW YEAR ASSOCIATION, founded in 1948, is a small nonprofit that reported $206K in total revenue in fiscal year 2024. Expenses of $258K exceeded revenue, resulting in a 25% operating deficit.

Mission

PARTICIPATION IN THE ANNUAL PHILADELPHIA NEW YEARS DAY PARADE

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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 $201,390

Program Service Revenue $5,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,390

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $257,729

TOTAL EXPENSES $257,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,390	$191,448	+0.1%
Expenses	$257,729	$214,024	+0.2%
Net Income	$-51,339	$-22,576	+1.3%

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

Independent Members

Employees

N/A

Volunteers

118

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
Matt Mccabe	TRUSTEE	10	Officer	$0	$0	$0
DAVID JOSEPHOUITCH	CAPTAIN	10	Officer	$0	$0	$0
Andrew Runowski	PRESIDENT	10	Officer	$0	$0	$0
Rob DelQuadro	VICE PRESIDENT	10	Officer	$0	$0	$0
Zach Balilonis	FINANCIAL SECRETARY	10	Officer	$0	$0	$0
JAY R BILLUPS	RECORDING SECRETARY	10	Officer	$0	$0	$0
Bill Balilonis	TRUSTEE	10	Officer	$0	$0	$0
JOE GALLAGHER	TREASURER	10	Officer	$0	$0	$0
WILLIAM JOSAPHOUITCH	SERGENT AT ARMS	10	Officer	$0	$0	$0
DAN GALLAGHER SR	TRUSTEE	10	Officer	$0	$0	$0
Erik Grubb	TRUSTEE	10	Officer	$0	$0	$0
Wayne Stowman	Trustee	10	Officer	$0	$0	$0
Brenden Kenney	Trustee	10	Officer	$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
2024	$206,390	$257,729	$47,811	$-51,339
2023	$191,448	$214,024	$104,962	$-22,576
2022	$146,749	$159,134	$134,841	$-12,385
2021	$131,221	$105,330	$153,038	$25,891
2020	$118,680	$136,032	$133,896	$-17,352

JOKERS NEW YEAR ASSOCIATION