INSURANCE PROFESSIONAL ASSOCIATION OF LONG ISLAND INC (EIN 452926489) - 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

2015

Legal Domicile

Principal Officer

DEBORAH HOLMES

Tax Period

2018-07-01 to 2019-06-30

INSURANCE PROFESSIONAL ASSOCIATION OF LONG ISLAND INC, founded in 2015, is a small nonprofit in the Education sector that reported $112K in total revenue in fiscal year 2018. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $105K left a modest 6% surplus.

Mission

TO INCORPORATE THE IDEAS AND STRENGTHS OF OUR MEMBERS TO MAKE OUR INDUSTRY PROPER WITH A COMMITMENT TO CONTINUING EDUCATION. TO PROVIDE A SUPPORT SYSTEM THAT FURTHERS CONTACT AND PROVIDES MUTUAL EDUCATION.

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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 (2018)

Revenue Breakdown

Contributions & Grants $3,524

Program Service Revenue $71,677

Investment Income $0

Other Revenue $36,316

TOTAL REVENUE $111,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,677

Other Expenses $104,811

TOTAL EXPENSES $104,811

Year-over-Year Comparison

	2018	2017	Change
Revenue	$111,517	$86,710	+0.3%
Expenses	$104,811	$72,942	+0.4%
Net Income	$6,706	$13,768	-0.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENESE THOMPSON	TREASURER	1.00	Officer	$0	$0	$0
DEBORAH HOLMES	PRESIDENT	1.00	Officer	$0	$0	$0
KRISTIN HOWARD	1ST VP	1.00	Officer	$0	$0	$0
PAULA MAURO	2ND VP	1.00	Officer	$0	$0	$0
JOSEPH COLOMBO	RECORDING SE	1.00	Officer	$0	$0	$0
MARYJEAN SPANO	CORRESP SECR	1.00	Officer	$0	$0	$0
STEPHANIE CIANTRO	MEMBER AT LA	1.00	Officer	$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
2019	$111,517	$104,811	$20,474	$6,706

INSURANCE PROFESSIONAL ASSOCIATION OF LONG ISLAND INC