ALLIANCE FOR CONEY ISLAND INC (EIN 460802042) - 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

2012

Legal Domicile

Principal Officer

DANIEL MURPHY

Phone

7185947895

Tax Period

2024-07-01 to 2025-06-30

ALLIANCE FOR CONEY ISLAND INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $560K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $834K exceeded revenue, resulting in a 49% operating deficit.

Mission

TO ESTABLISH INITIATIVES AND PROGRAMS THAT ARE CRITICAL TO SUSTAINING CONEY ISLAND AS A BUSTLING REGIONAL ATTRACTION AND THRIVING YEAR-ROUND COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $301,353

Program Service Revenue $255,168

Investment Income $3,123

Other Revenue $0

TOTAL REVENUE $559,644

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $239,664

Fundraising Expenses $186,318

Program Expenses $404,245

Other Expenses $534,107

TOTAL EXPENSES $833,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$559,644	$1,157,138	-0.5%
Expenses	$833,771	$889,877	-0.1%
Net Income	$-274,127	$267,261	-2.0%

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

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

$88,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE COHEN	CHAIR	7.00	Officer Director	$0	$0	$0
ALLEN NEWMAN	VICE-CHAIR	7.00	Officer Director	$0	$0	$0
BRUCE MILLER	TREASURER	7.00	Officer Director	$0	$0	$0
TRACEE ZAMPERLA	SECRETARY	7.00	Officer Director	$0	$0	$0
DENNIS VOURDERIS	DIRECTOR	7.00	Director	$0	$0	$0
JAMES FITZSIMMONS	DIRECTOR	7.00	Director	$0	$0	$0
LEIGH CLAYTON	DIRECTOR	7.00	Director	$0	$0	$0
MICHAEL RUSSO	DIRECTOR	7.00	Director	$0	$0	$0
SAM MOORE	DIRECTOR	7.00	Director	$0	$0	$0
DANIEL MURPHY	EXECUTIVE DIRECTOR	40.00	Officer	$88,000	$0	$88,000

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	$559,644	$833,771	$788,765	$-274,127
2024	$1,157,138	$889,877	$1,137,233	$267,261
2023	$1,073,096	$1,374,728	$662,838	$-301,632
2022	$1,781,974	$1,394,980	$1,081,351	$386,994
2021	$537,273	$600,997	$436,246	$-63,724
2020	$528,010	$789,482	$525,177	$-261,472
2019	$1,235,022	$1,326,316	$734,583	$-91,294
2018	$1,373,217	$1,133,915	$881,339	$239,302

ALLIANCE FOR CONEY ISLAND INC