PRESERVATION LEAGUE OF NEW YORK ST… - Form 990 Financial Data

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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

1974

Legal Domicile

Principal Officer

JAY DILORENZO

Phone

5184625658

Tax Period

2024-07-01 to 2025-06-30

PRESERVATION LEAGUE OF NEW YORK STATE, founded in 1974, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Net assets of $8.9M represent 69 months of operating reserves.

Mission

PROMOTING HISTORIC PRESERVATION AS A TOOL TO REVITALIZE OUR NEIGHBORHOODS AND COMMUNITIES, HONOR OUR HERITGAGE AND ENRICH OUR LIVES.

Program Service Accomplishments

Program 1

Expenses: $933,892

PROGRAMS INCLUDE TECHNICAL PRESERVATION SERVICES TO THOSE WORKING TO PROTECT HISTORIC RESOURCES, GRANTS AND LOANS FOR PRESERVATION PROJECTS AND STATEWIDE ADVOCACY AND AWARD PROGRAMS DISIGNED TO...

PROGRAMS INCLUDE TECHNICAL PRESERVATION SERVICES TO THOSE WORKING TO PROTECT HISTORIC RESOURCES, GRANTS AND LOANS FOR PRESERVATION PROJECTS AND STATEWIDE ADVOCACY AND AWARD PROGRAMS DISIGNED TO PROTECT AND PROMOTE NEW YORK'S MOST THREATENED HISTORIC RESOURCES.

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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 $1,401,198

Program Service Revenue $0

Investment Income $151,232

Other Revenue $0

TOTAL REVENUE $1,552,430

Expense Breakdown

Grants Paid $353,498

Salaries & Benefits $647,949

Fundraising Expenses $367,118

Program Expenses $933,892

Other Expenses $552,407

TOTAL EXPENSES $1,553,854

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,552,430	$2,517,494	-0.4%
Expenses	$1,553,854	$1,674,865	-0.1%
Net Income	$-1,424	$842,629	-1.0%

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

Total Directors

$155,640

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIZ MCENANEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RUTH PIERPONT	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID STUTZMAN	TREASURER	1.00	Officer Director	$0	$0	$0
CAROLINE PASION	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ANGEL AYON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PATRICK CICCONE	CHAIR	1.00	Officer Director	$0	$0	$0
JAY DILORENZO	PRESIDENT	40.00	Director	$141,050	$14,590	$155,640
ANNE HOLFORD-SMITH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
E FRITS ABELL	TRUSTEE	1.00	Director	$0	$0	$0
PHILLIP G BORRELLI	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW CAPITMAN	TRUSTEE	1.00	Director	$0	$0	$0
BENJAMIN Q DAVIDSON	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM HURST	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS JAYNE	TRUSTEE	1.00	Director	$0	$0	$0
ESPERANZA LEON	TRUSTEE	1.00	Director	$0	$0	$0
MELISSA MCCORMACK	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN WILDER	TRUSTEE	1.00	Director	$0	$0	$0
KATE WOOD	TRUSTEE	1.00	Director	$0	$0	$0
SHELLEY WORRELL	TRUSTEE	1.00	Director	$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
2025	$1,552,430	$1,553,854	$8,959,487	$-1,424
2024	No data	No data	No data	No data
2023	$1,970,171	$1,471,339	$7,332,008	$498,832
2022	$1,316,893	$1,585,434	$6,843,101	$-268,541
2021	$1,732,142	$1,378,107	$7,668,427	$354,035
2020	$1,375,911	$1,365,173	$6,617,762	$10,738
2019	$1,455,912	$1,373,128	$6,407,773	$82,784
2018	$1,770,909	$1,217,071	$6,003,625	$553,838

PRESERVATION LEAGUE OF NEW YORK STATE