Newsday Charities Inc (EIN 364868152) - 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

2017

Legal Domicile

Principal Officer

Dale Cole

Phone

6318432085

Tax Period

2022-01-01 to 2022-12-31

Newsday Charities Inc, founded in 2017, is a small nonprofit that reported $465K in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $413K left a modest 11% surplus.

Mission

The purpose of the Organization is to provide support to not-for-profit Organizations that work to improve the quality of life for Long Island's most vulnerable individuals, children and families.

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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 (2022)

Revenue Breakdown

Contributions & Grants $465,309

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $465,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $413,307

Other Expenses $413,307

TOTAL EXPENSES $413,307

Year-over-Year Comparison

	2022	2021	Change
Revenue	$465,309	$658,694	-0.3%
Expenses	$413,307	$604,489	-0.3%
Net Income	$52,002	$54,205	0.0%

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

N/A

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
Dale Cole	President	5.00	Officer Director	$0	$0	$0
Debby Krenek	Director	1.00	Director	$0	$0	$0
Tyesha Jones	Treasurer	5.00	Officer Director	$0	$0	$0
Dina Sforza	Secretary	5.00	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
2022	$465,309	$413,307	$907,390	$52,002
2021	$658,694	$604,489	$494,083	$54,205
2020	$776,621	$732,624	$615,594	$43,997
2019	$461,426	$409,804	$529,470	$51,622
2018	$491,731	$454,903	$774,666	$36,828

Newsday Charities Inc