LACKAWANNA COLLEGE (EIN 240839402) - 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

1957

Legal Domicile

Principal Officer

JOHN RISBOSKIN

Phone

5709617846

Tax Period

2024-07-01 to 2025-06-30

LACKAWANNA COLLEGE, founded in 1957, is a mid-sized nonprofit in the Education sector that reported $43.2M in total revenue in fiscal year 2024. Expenses of $41.0M left a modest 5% surplus.

Mission

ACCREDITED, PRIVATE, NON-PROFIT EDUCATIONAL INSTITUTION.

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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 $3,908,058

Program Service Revenue $37,982,606

Investment Income $1,000,003

Other Revenue $286,085

TOTAL REVENUE $43,176,752

Expense Breakdown

Grants Paid $3,136,497

Salaries & Benefits $18,855,397

Fundraising Expenses $749,529

Program Expenses $30,026,030

Other Expenses $19,036,941

TOTAL EXPENSES $41,028,835

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,176,752	$40,295,881	+0.1%
Expenses	$41,028,835	$37,800,492	+0.1%
Net Income	$2,147,917	$2,495,389	-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

710

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

$1,228,924

Total Directors

$298,327

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JODY CORDARO	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARK DESTEFANO	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
COLLEEN PETTINATO	SECRETARY	1.00	Officer Director	$0	$0	$0
BETTE SAXTON	TRUSTEE	1.00	Director	$0	$0	$0
MICAH WOODARD	TRUSTEE	1.00	Director	$0	$0	$0
TONY PIAZZA	TRUSTEE	1.00	Director	$0	$0	$0
HAL FLACK	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL CORDARO	TRUSTEE	1.00	Director	$0	$0	$0
DEBBIE LEFKOWITZ	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTINA CURRAN	TRUSTEE	1.00	Director	$0	$0	$0
GEOFFREY MESKO	TRUSTEE	1.00	Director	$0	$0	$0
MIKE AVVISATO	TRUSTEE	1.00	Director	$0	$0	$0
DR JILL MURRAY	PRESIDENT	40.00	Officer Director	$274,143	$24,184	$298,327
THOMAS ELTRINGHAM	CHIEF OPERATING OFFICER	40.00	Officer	$161,713	$34,932	$196,645
BRIAN COSTANZO	VP FOR GOVT AFFAIRS	40.00	Officer	$135,354	$36,722	$172,076
ERICA BARONE PRICCI	PROVOST	40.00	Officer	$174,749	$14,762	$189,511
JOHN RISBOSKIN	VP FOR FINANCE & ADMIN	40.00	Officer	$155,939	$28,433	$184,372
RENEE MUNDY	VP FOR HUMAN RESOURCES	40.00	Officer	$159,609	$28,384	$187,993
ROBIN CRANE	ROBOTICS PROGRAM DIRECTOR	40.00	Highest	$106,941	$17,051	$123,992
MARK DUDA	ADVISOR TO ATHLETICS	40.00	Highest	$103,159	$16,692	$119,851

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	$43,176,752	$41,028,835	$110,180,703	$2,147,917
2024	No data	No data	No data	No data
2023	$39,422,972	$35,785,131	$79,386,578	$3,637,841
2022	$40,108,403	$36,959,918	$71,664,189	$3,148,485
2021	$37,550,402	$30,240,499	$71,721,039	$7,309,903
2020	$30,529,010	$29,442,489	$68,782,948	$1,086,521
2019	$30,512,187	$28,533,428	$63,229,852	$1,978,759
2018	$29,259,862	$25,689,923	$61,218,336	$3,569,939

LACKAWANNA COLLEGE