THE PENN CLUB OF NEW YORK INC (EIN 232726687) - 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

1993

Legal Domicile

Principal Officer

GERALD KNORR

Phone

2124036617

Tax Period

2023-07-01 to 2024-06-30

THE PENN CLUB OF NEW YORK INC, founded in 1993, is a mid-sized nonprofit that reported $14.7M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $12.6M left a modest 15% surplus.

Mission

THE PURPOSE OF THE PENN CLUB OF NEW YORK, INC. (THE "CLUB") IS TO ENCOURAGE AND STIMULATE ALUMNI INTERACTION AND CATER TO THE NEEDS OF THE ALUMNI.

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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 $0

Program Service Revenue $6,167,351

Investment Income $886,221

Other Revenue $7,661,240

TOTAL REVENUE $14,714,812

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $8,570,338

Fundraising Expenses $0

Other Expenses $3,739,784

TOTAL EXPENSES $12,560,122

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,714,812	$13,096,195	+0.1%
Expenses	$12,560,122	$11,128,105	+0.1%
Net Income	$2,154,690	$1,968,090	+0.1%

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

110

Volunteers

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

$789,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN DAVIDSON SACHS	PRESIDENT	3.00	Officer Director	$0	$0	$0
E JUDD COHEN	VICE-PRESIDENT	3.00	Officer Director	$0	$0	$0
GERALD KNORR	TREASURER	3.00	Officer Director	$0	$0	$0
PETER MINTON	SECRETARY	3.00	Officer Director	$0	$0	$0
ALVIN SHOEMAKER	HONORARY CHAIRMAN	3.00	Director	$0	$0	$0
SARAH MIGLIORE	HOUSE CHAIR	3.00	Director	$0	$0	$0
BRIAN CARGO	MEMBERSHIP CHAIR	3.00	Director	$0	$0	$0
CAROLINE WAXLER	PROGRAM CHAIR	3.00	Director	$0	$0	$0
KOLADE LAWAL	YOUNG ALUMNI CHAIR	3.00	Director	$0	$0	$0
SUSAN MARX	IMMEDIATE PAST-PRESIDENT	3.00	Director	$0	$0	$0
LE-ELLEN SPELMAN DOTY	BOARD MEMBER	3.00	Director	$0	$0	$0
MARK DINGFIELD	BOARD MEMBER	3.00	Director	$0	$0	$0
JAMES HUSSON	BOARD MEMBER	3.00	Director	$0	$0	$0
KEVIN O'BRIEN	GENERAL MANAGER	40.00	Key Emp	$376,200	$31,200	$407,400
PING NAN	COMPTROLLER	40.00	Key Emp	$338,400	$43,200	$381,600
HEBA ELSHINALY	ASSISTANT GENERAL MANAGER	40.00	Highest	$205,600	$32,500	$238,100
HERB WILSON	FORMER EXECUTIVE CHEF	40.00	Highest	$185,700	$7,600	$193,300
JENNIFER GREGORIOU	DIRECTOR OF MEMBERSHIP	40.00	Highest	$150,700	$32,000	$182,700
JENNIFER PALENCIA	CATERING DIRECTOR	40.00	Highest	$123,700	$0	$123,700
JOSE ACOSTA	DIRECTOR OF ENGINEERING	40.00	Highest	$175,100	$18,200	$193,300

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	$14,714,812	$12,560,122	$25,414,029	$2,154,690
2023	$13,096,195	$11,128,105	$22,294,144	$1,968,090
2022	$9,020,324	$8,432,183	$19,496,871	$588,141
2021	$4,233,980	$5,488,360	$18,605,073	$-1,254,380
2020	$9,134,765	$9,037,238	$16,986,029	$97,527
2019	$11,711,318	$10,809,253	$16,074,621	$902,065

THE PENN CLUB OF NEW YORK INC