ADIRONDACK FOLK SCHOOL INC

🔒

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

2010

Legal Domicile

Principal Officer

DAVID RIIHIMAKI

Phone

5186962400

Tax Period

2025-01-01 to 2025-12-31

ADIRONDACK FOLK SCHOOL INC, founded in 2010, is a small nonprofit in the Education sector that reported $815K in total revenue in fiscal year 2025. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $381K, a strong 47% operating margin.

Mission

THE ORGANIZATION IS A SINGLE PURPOSE ENTITY FORMED TO TEACH THE TRADITIONAL ARTS, CRAFTS AND CULTURE OF THE ADIRONDACK MOUNTAIN REGION OF THE STATE OF NEW YORK.

Program Service Accomplishments

Program 1

Expenses: $336,370 Revenue: $204,720

OFFERING YEAR ROUND CLASSES IN ADIRONDACK ARTS, CRAFTS AND CULTURE AT THE LAKE LUZERNE, NY LOCATION.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $565,128

Program Service Revenue $190,159

Investment Income $0

Other Revenue $59,237

TOTAL REVENUE $814,524

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200,888

Fundraising Expenses $28,459

Program Expenses $336,370

Other Expenses $232,813

TOTAL EXPENSES $433,701

Year-over-Year Comparison

	2025	2024	Change
Revenue	$814,524	$561,993	+0.4%
Expenses	$433,701	$411,247	+0.1%
Net Income	$380,823	$150,746	+1.5%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID RIIHIMAKI	TREASURER	3.00	Officer Director	$0	$0	$0
JIM SCHREINER	DIRECTOR	3.00	Director	$0	$0	$0
PATRICIA GOLDBERG	SECRETARY	3.00	Officer Director	$0	$0	$0
STEPHEN FISK	DIRECTOR	3.00	Director	$0	$0	$0
TANYA TOBIAS-TOMIS	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOHN HALLER	DIRECTOR	3.00	Director	$0	$0	$0
SHEILA FLANAGAN	DIRECTOR	3.00	Director	$0	$0	$0
JOHN HALLER	DIRECTOR	3.00	Director	$0	$0	$0
SUSIE BRANDT	DIRECTOR	3.00	Director	$0	$0	$0
CAL AUSTIN	DIRECTOR	3.00	Director	$0	$0	$0
MARY STEVENS	VICE PRESIDENT	3.00	Officer 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	$814,524	$433,701	$1,078,127	$380,823
2024	$561,993	$411,247	$669,204	$150,746
2023	$441,689	$395,134	$409,235	$46,555
2022	$402,355	$355,462	$348,909	$46,893
2021	$341,697	$282,010	$255,360	$59,687
2020	$196,724	$215,609	$192,194	$-18,885
2019	$294,661	$285,959	$195,701	$8,702
2018	$299,998	$306,394	$184,245	$-6,396