NEW HARTFORD TEACHERS ASSOCIATION

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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

1972

Legal Domicile

Principal Officer

THOMAS SNIZEK

Phone

3157389350

Tax Period

2023-07-01 to 2024-06-30

NEW HARTFORD TEACHERS ASSOCIATION, founded in 1972, is a small nonprofit that reported $237K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE THE INTEREST IN PUBLIC EDUCATION, TO ADVANCE THE STANDARDS OF THE TEACHING PROFESSION, AND TO PROMOTE THE WELFARE OF ITS MEMBERS

Program Service Accomplishments

Program 1

Expenses: $232,639 Revenue: $237,195

TO PROMOTE THE INTEREST IN PUBLIC EDUCATION, TO ADVANCE THE STANDARDS OF THE TEAHCING PROFESSION, AND TO PROMOTE THE WELFARE OF ITS MEMBERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $236,692

Program Service Revenue $0

Investment Income $503

Other Revenue $0

TOTAL REVENUE $237,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,828

Fundraising Expenses $0

Program Expenses $232,639

Other Expenses $27,061

TOTAL EXPENSES $235,490

Year-over-Year Comparison

	2023	2022	Change
Revenue	$237,195	$211,862	+0.1%
Expenses	$235,490	$204,040	+0.2%
Net Income	$1,705	$7,822	-0.8%

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

N/A

Volunteers

N/A

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

$33,660

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATASHA HOMA	PRESIDENT	2.00	Officer	$7,480	$0	$7,480
SUSAN GALINSKI	EXECUTIVE VP	2.00	Officer	$5,060	$0	$5,060
LISA MORGAN	1ST VP	2.00	Officer	$4,620	$0	$4,620
CATHERINE BOLOS	SECRETARY	2.00	Officer	$3,520	$0	$3,520
FRANK DUROSS	NYSUIT/AFT DELEGATE	2.00	Officer	$4,620	$0	$4,620
THOMAS SNIZEK	TREASURER	2.00	Officer	$4,620	$0	$4,620
MAGGIE POKORNY	DIRECTOR OF MEDIA	2.00	Officer	$3,740	$0	$3,740

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	No data	No data	No data	No data
2024	$237,195	$235,490	$74,248	$1,705
2023	$211,862	$204,040	$72,544	$7,822
2022	$202,850	$232,236	$64,722	$-29,386
2021	$203,314	$237,551	$94,109	$-34,237
2020	$199,953	$168,248	$128,346	$31,705
2019	$199,268	$162,912	$99,721	$36,356
2018	$198,724	$200,652	$60,285	$-1,928