FINGER LAKES REUSE INC (EIN 262093547) - 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

2007

Legal Domicile

Principal Officer

DIANE COHEN

Phone

6072579699

Tax Period

2023-01-01 to 2023-12-31

FINGER LAKES REUSE INC, founded in 2007, is a community nonprofit in the Environment sector that reported $3.2M in total revenue in fiscal year 2023.

Mission

TO ENHANCE COMMUNITY, ECONOMY, AND ENVIRONMENT THROUGH REUSE.

🔒

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 $687,348

Program Service Revenue $63,121

Investment Income $53

Other Revenue $2,447,746

TOTAL REVENUE $3,198,268

Expense Breakdown

Grants Paid $8,432

Salaries & Benefits $2,529,710

Fundraising Expenses $1,370

Program Expenses $2,983,215

Other Expenses $942,358

TOTAL EXPENSES $3,480,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,198,268	$3,196,635	+0.0%
Expenses	$3,480,500	$3,498,286	0.0%
Net Income	$-282,232	$-301,651	-0.1%

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

127

Volunteers

408

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

$95,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHALL MCCORMICK	DIRECTOR	2.00	Director	$0	$0	$0
JODIE HERBERT	DIRECTOR	2.00	Director	$0	$0	$0
JOHN LEMLEY	DIRECTOR	2.00	Director	$0	$0	$0
MEGAN MCDONALD	DIRECTOR	2.00	Director	$0	$0	$0
JAN RHODES NORMAN	DIRECTOR	2.00	Director	$0	$0	$0
PATRICIA BROWN	TREASURER & SECRETARY	2.00	Officer Director	$0	$0	$0
MARIA THOMADAKI	DIRECTOR	2.00	Director	$0	$0	$0
YAYOI KOIZUMI	DIRECTOR	2.00	Director	$0	$0	$0
GIDEON STONE	PRESIDENT	2.00	Officer Director	$0	$0	$0
DIANE COHEN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$85,763	$9,314	$95,077

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	No data	No data	No data	No data
2023	$3,198,268	$3,480,500	$1,792,311	$-282,232
2022	$3,196,635	$3,498,286	$2,214,196	$-301,651
2021	$3,045,475	$3,107,288	$1,994,394	$-61,813
2020	$2,336,106	$2,566,353	$2,108,150	$-230,247
2019	$2,113,759	$2,023,077	$2,177,299	$90,682
2018	$1,725,732	$1,779,804	$2,260,102	$-54,072

FINGER LAKES REUSE INC