Building Skills NY (EIN 455146915) - Form 990 Financial Analysis & Trantor Score

🔒

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

2012

Legal Domicile

Principal Officer

David Meade

Phone

6469731520

Tax Period

2024-01-01 to 2024-12-31

Building Skills NY, founded in 2012, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024.

Mission

Training and related assistance to unemployed and underemployed persons from New York State.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,403,123

Program Service Revenue $124,644

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,527,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,091,348

Fundraising Expenses $169,647

Program Expenses $1,237,802

Other Expenses $430,607

TOTAL EXPENSES $1,521,955

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,527,767	$1,494,040	+0.0%
Expenses	$1,521,955	$1,439,630	+0.1%
Net Income	$5,812	$54,410	-0.9%

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

$305,062

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alex Arker	Director	2.00	Director	$0	$0	$0
Mary Serafy	Treasurer	2.00	Officer Director	$0	$0	$0
Ronald Moelis	Vice Chair	2.00	Officer Director	$0	$0	$0
Debra Kenyon	Director	2.00	Director	$0	$0	$0
Jim Whelan	Board Chair	2.00	Officer Director	$0	$0	$0
Matt Gross	Secretary	2.00	Officer Director	$0	$0	$0
Jennifer Mitchell	Director	2.00	Director	$0	$0	$0
Angela Pinsky	Director	2.00	Director	$0	$0	$0
Aaron Koffman	Director	2.00	Director	$0	$0	$0
George Poulon	Director	2.00	Director	$0	$0	$0
Andre Banks	Director	2.00	Director	$0	$0	$0
Rick Gropper	Director	2.00	Director	$0	$0	$0
Sheila Lopez	Director	2.00	Director	$0	$0	$0
Jacqui Williams	Director	2.00	Director	$0	$0	$0
Brandon Baron	Director	2.00	Director	$0	$0	$0
Marlee Busching-Truscott	Director	2.00	Director	$0	$0	$0
David Meade	Executive Director	40.00	Officer	$292,038	$13,024	$305,062
Rose Fathers	Director of Business Services	40.00	Highest	$116,710	$26,370	$143,080
Tatanisia Lumley	Director of Training & Operations	40.00	Highest	$127,106	$22,551	$149,657

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	$1,527,767	$1,521,955	$642,354	$5,812
2023	$1,494,040	$1,439,630	$675,416	$54,410
2022	$1,564,960	$1,309,453	$703,692	$255,507
2021	$1,071,660	$1,138,797	$572,861	$-67,137
2020	$1,017,542	$957,024	$400,867	$60,518
2019	$808,992	$847,752	$277,456	$-38,760
2018	$839,332	$696,113	$338,346	$143,219

Building Skills NY