SYRACUSE MODEL NEIGHBORHOOD FACILITY INC (EIN 237376077) - 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

1973

Legal Domicile

Principal Officer

VALERIE HILL

Phone

3156715806

Tax Period

2024-01-01 to 2024-12-31

SYRACUSE MODEL NEIGHBORHOOD FACILITY INC, founded in 1973, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $3.2M exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROVIDE MULTIPLE SOCIAL SERVICE ACTIVITIES TO ALL CITY OF SYRACUSE RESIDENTS, ALTHOUGH OPERATIONS ARE GEARED TO SERVE PRIMARILY THOSE RESIDENTS OF THE NEAR SOUTHWEST SIDE OF THE CITY.

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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 $2,514,105

Program Service Revenue $0

Investment Income $35,792

Other Revenue $35,124

TOTAL REVENUE $2,585,021

Expense Breakdown

Grants Paid $75

Salaries & Benefits $2,063,567

Fundraising Expenses $0

Program Expenses $2,586,703

Other Expenses $1,180,141

TOTAL EXPENSES $3,243,783

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,585,021	$2,841,872	-0.1%
Expenses	$3,243,783	$3,095,053	+0.0%
Net Income	$-658,762	$-253,181	+1.6%

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

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

$113,127

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL L AKINS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
OSSIE EDWARDS	SECRETARY	1.00	Officer Director	$0	$0	$0
AMELIA ELLINGWORTH	TREASURER	1.00	Officer Director	$0	$0	$0
LATEEF JOHNSON-KINSEY	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER TIFFT	DIRECTOR	1.00	Director	$0	$0	$0
MONICA WILLIAMS	VICE CHAIRWOMAN	1.00	Officer Director	$0	$0	$0
CHRISTIAN DANAHER	DIRECTOR	1.00	Director	$0	$0	$0
ANNERRAY HOPKINS	DIRECTOR	1.00	Director	$0	$0	$0
HON ANN MAGNARELLI	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA ALLEN	SECRETARY	1.00	Officer Director	$0	$0	$0
SHARON D WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
WALTER C EILAND	DIRECTOR	1.00	Director	$0	$0	$0
REGINA MCARTHUR	DIRECTOR	1.00	Director	$0	$0	$0
YOLANDA SEEGERS	DIRECTOR	1.00	Director	$0	$0	$0
STACI DENNIS TAYLOR ESQ	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE WILLIAMS	CHIEF EXECUTIVE OFFICER	37.50	Officer	$25,740	$0	$25,740
DAVID MARNELL	CHIEF FINANCIAL OFFICER	37.50	Officer	$47,345	$0	$47,345
VALERIE HILL	CHIEF EXECUTIVE OFFICER	37.50	Officer	$40,042	$0	$40,042

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	$2,585,021	$3,243,783	$2,546,376	$-658,762
2023	$3,047,634	$3,157,558	$3,065,442	$-109,924
2023	$2,841,872	$3,095,053	$3,078,924	$-253,181
2022	$3,660,850	$3,849,709	$3,531,174	$-188,859
2021	$5,225,718	$5,051,592	$3,729,263	$174,126
2020	$4,668,623	$4,604,574	$4,048,171	$64,049
2019	$5,010,236	$4,822,143	$3,198,776	$188,093
2018	$4,870,368	$4,634,996	$2,972,912	$235,372

SYRACUSE MODEL NEIGHBORHOOD FACILITY INC