SPECTRUM DESIGNS FOUNDATION LTD

EIN: 275020830 501(c)(3) Employment

PORT WASHINGTON, NY

Total Revenue
$7,464,700
Total Expenses
$7,390,088
Total Assets
$6,498,852
Net Assets
$4,586,292
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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
2011
Legal Domicile
NY
Principal Officer
JOTHY NARENDRAN
Phone
5167677187
Tax Period
2024-01-01 to 2024-12-31

SPECTRUM DESIGNS FOUNDATION LTD, founded in 2011, is a community nonprofit in the Employment sector that reported $7.5M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE EMPLOYMENT AND VOCATIONAL OPPORTUNITIES FOR INDIVIDUALS WITH AUTISM, BY OPERATING A CUSTOMIZED APPAREL PRINTING COMPANY WITH APPROPRIATE SUPPORTS, ASSISTING THOSE WITH AUTISM IN LEADING FULLER MORE PRODUCTIVE LIVES THROUGH THE WORLD OF WORK.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $499,803
Program Service Revenue $6,939,728
Investment Income $21,528
Other Revenue $3,641
TOTAL REVENUE $7,464,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,713,413
Fundraising Expenses $209,538
Program Expenses $6,361,104
Other Expenses $4,676,675
TOTAL EXPENSES $7,390,088

Year-over-Year Comparison

2024 2023 Change
Revenue $7,464,700 $6,379,348 +0.2%
Expenses $7,390,088 $6,478,981 +0.1%
Net Income $74,612 $-99,633 -1.7%
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

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Governance

Voting Members
8
Independent Members
8
Employees
90
Volunteers
30

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
6
$264,655
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOTHY NARENDRAN BOARD MEMBER & PRESIDENT 4.00
Officer Director
$0 $0 $0
DENISE SMITH BOARD MEMBER 4.00
Director
$0 $0 $0
ALYSON ROZNER BOARD MEMBER & SECTRETARY 4.00
Officer Director
$0 $0 $0
JOHN BEYER BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT DEGAUDENZI BOARD MEMBER & TREASURER 2.00
Officer Director
$0 $0 $0
CHRIS BOFFA BOARD MEMBER & VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ADINA STORCH BOARD MEMBER 2.00
Director
$0 $0 $0
JANE GILMARTIN BOARD MEMBER 2.00
Director
$0 $0 $0
PATRICK BARDSLEY CHIEF EXECUTIVE OFFICER 40.00
Officer
$184,060 $37,890 $221,950
GREGG CARTAGINE CONTROLLER 12.00
Officer
$42,705 $0 $42,705
TIM HOWE CHIEF OPERATING OFFICER 40.00
Highest
$125,455 $17,369 $142,824
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 $7,464,700 $7,390,088 $6,498,852 $74,612
2023 $6,379,348 $6,478,981 $6,331,116 $-99,633
2022 $6,814,825 $6,688,807 $6,394,527 $126,018
2021 $6,742,089 $5,118,731 $6,618,337 $1,623,358
2020 $4,902,503 $4,784,232 $4,596,822 $118,271
2019 $4,174,176 $3,363,571 $3,885,509 $810,605
2018 $2,835,249 $2,701,940 $3,211,061 $133,309
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