BAND OF PARENTS INC

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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

2007

Legal Domicile

Principal Officer

ADNAN SIDDIQI

Phone

6468464475

Tax Period

2024-01-01 to 2024-12-31

BAND OF PARENTS INC, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 10% surplus.

Mission

THE PRIMARY GOAL OF THE ORGANIZATION IS TO FUND AND SUPPORT RESEARCH RELATED TO THE STUDY OF PEDIATRIC CANCER INCLUDING, BUT NOT LIMITED TO, THE STUDY OF NEUROBLASTOMA.

Program Service Accomplishments

Program 1

Expenses: $759,122

GIVEN TO MEMORIAL SLOAN KETTERING CANCER CENTER TO SUPPORT THE BIVALENT NEUROBLASTOMA VACCINE TRIAL.

Program 2

Expenses: $180,000

GIVEN TO MONTEFIORE EINSTEIN MEDICAL CENTER TO SUPPORT THE RESEARCH PROJECT TO REDUCE CISPLATIN-INDUCED HEARING LOSS IN PEDIATRIC CANCER PATIENTS.

Program 3

Expenses: $74,943

GIVEN TO GARDEN OF DREAMS FOUNDATION TO HELP MAKE DREAMS COME TRUE FOR CHILDREN IN NEED.

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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 $1,473,831

Program Service Revenue $0

Investment Income $33,598

Other Revenue $-19,967

TOTAL REVENUE $1,487,462

Expense Breakdown

Grants Paid $1,029,065

Salaries & Benefits $230,286

Fundraising Expenses $148,560

Program Expenses $1,124,308

Other Expenses $73,410

TOTAL EXPENSES $1,332,761

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,487,462	$863,991	+0.7%
Expenses	$1,332,761	$947,616	+0.4%
Net Income	$154,701	$-83,625	-2.8%

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

$174,802

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRISCILLA MA	EXECUTIVE DI	40.00	Officer	$169,711	$5,091	$174,802
MARC WINTHROP	CHAIRMAN	5.00	Officer Director	$0	$0	$0
MARK UNGER	SECRETARY	5.00	Officer Director	$0	$0	$0
ADNAN SIDDIQI	TREASURER	5.00	Officer Director	$0	$0	$0
ABBY BRODY UNTIL 7124	DIRECTOR	2.00	Director	$0	$0	$0
FRANCESCA DEMERS	DIRECTOR	2.00	Director	$0	$0	$0
VANESSA FORTE-ABBADESSA	DIRECTOR	2.00	Director	$0	$0	$0
CARYN FRANCA	DIRECTOR	2.00	Director	$0	$0	$0
EMILY GOEBEL	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH LYNCH	DIRECTOR	2.00	Director	$0	$0	$0
AMIEE MITTLEMAN	DIRECTOR	2.00	Director	$0	$0	$0
JILL OSTRAGER-COHEN	DIRECTOR	2.00	Director	$0	$0	$0
MISTY ROHALY	DIRECTOR	2.00	Director	$0	$0	$0
GREGORY SIZIKOV	DIRECTOR	2.00	Director	$0	$0	$0
JENN WOLF	DIRECTOR	2.00	Director	$0	$0	$0
GARY ROTHSCHILD	DIRECTOR	2.00	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
2024	$1,487,462	$1,332,761	$622,704	$154,701
2023	$863,991	$947,616	$466,460	$-83,625
2022	$744,483	$905,874	$516,683	$-161,391
2021	$950,075	$1,054,207	$710,617	$-104,132
2020	$926,630	$1,056,674	$817,335	$-130,044
2019	$884,213	$925,181	$960,777	$-40,968
2018	$624,462	$724,259	$973,712	$-99,797