TRANSITIONAL SERVICES OF NEW YORK INC (EIN 237376074) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

LARRY S GRUBLER PSYD

Phone

7187466647

Tax Period

2023-07-01 to 2024-06-30

TRANSITIONAL SERVICES OF NEW YORK INC, founded in 1974, is a mid-sized nonprofit in the Human Services sector that reported $42.8M in total revenue in fiscal year 2023.

Mission

PROVIDES RESIDENTIAL AND OUTPATIENT SERVICES TO INDIVIDUALS WITH PERSISTENT MENTAL ILLNESS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $683,410

Program Service Revenue $41,371,922

Investment Income $618,551

Other Revenue $130,978

TOTAL REVENUE $42,804,861

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,984,821

Fundraising Expenses $133,483

Program Expenses $37,926,675

Other Expenses $18,322,967

TOTAL EXPENSES $42,307,788

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,804,861	$43,859,405	0.0%
Expenses	$42,307,788	$38,973,048	+0.1%
Net Income	$497,073	$4,886,357	-0.9%

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

Governance

Voting Members

Independent Members

Employees

517

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

$887,580

Total Directors

Key Employees

$295,777

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABBEY F GOLDSTEIN ESQ	PRESIDENT	1.00	Officer Director	$0	$0	$0
VLADIMIR GASCA MD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL D WILSON	TREASURER	1.00	Officer Director	$0	$0	$0
CAROL A PACIFICO	SECRETARY	1.00	Officer Director	$0	$0	$0
ANITA MANCINI LCSW	BOARD MEMBER	1.00	Director	$0	$0	$0
JOEL MELTZER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARC MUNFA	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY S GRUBLER PSYD	CEO	33.50	Officer	$314,460	$100,628	$415,088
RANDY VIVONA	CFO (AS OF 01/24)	33.50	Officer	$126,901	$40,608	$167,509
STANLEY L CORFMAN CPA	CFO (UNTIL 01/24)	33.50	Officer	$231,048	$73,935	$304,983
DANIEL DONOGHUE	COO	35.00	Key Emp	$224,074	$71,703	$295,777
PETER AMATO	ASSOCIATE DIR OF COMPLIANCE	35.00	Highest	$156,874	$50,199	$207,073
REBECCA CARCANA	PSYCHIATRIST NURSE	35.00	Highest	$196,716	$62,949	$259,665
LESLIE LUSTERMAN	ASSOC. DIR OF SHP & RESIDENT	35.00	Highest	$185,091	$59,229	$244,320
JOYETTA GORDON	ASSOCIATE DIRECTOR	35.00	Highest	$159,263	$50,964	$210,227
RICHARD TREAT	PSYCHIATRIC NURSE	35.00	Highest	$180,947	$57,903	$238,850

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	$42,804,861	$42,307,788	$47,938,658	$497,073
2023	$43,859,405	$38,973,048	$48,708,722	$4,886,357
2022	$35,598,086	$33,121,934	$30,087,574	$2,476,152
2021	$32,696,151	$32,345,271	$31,910,157	$350,880
2020	$30,694,707	$29,728,521	$23,331,919	$966,186
2019	$29,150,740	$27,678,984	$24,238,168	$1,471,756
2018	$27,937,000	$27,431,980	$25,110,915	$505,020

TRANSITIONAL SERVICES OF NEW YORK INC