THE DEBUTANTE COTILLION AND CHRISTMAS BALL INC (EIN 462236959) - 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

2013

Legal Domicile

Principal Officer

FRANCES LASERSON

Phone

2123556339

Tax Period

2024-01-01 to 2024-12-31

THE DEBUTANTE COTILLION AND CHRISTMAS BALL INC, founded in 2013, is a small nonprofit in the Health Care sector that reported $803K in total revenue in fiscal year 2024.

Mission

THE DEBUTANTE COTILLION AND CHRISTMAS BALL INC WAS FORMED TO CONTINUE THE MULTI-GENERATION TRADITION AND ACTIVITIES CONDUCTED WITH CHARITABLE FUNDRAISING IN MIND. THE MONIES RAISED FROM THE ANNUAL "BALL" EVENT BENEFIT THE NEW YORK DOWNTWN HOSPITAL WHICH MERGED INTO AND BECAME A DIVISION OF THE NEW YORK PRESBYTERIAN HOSPITAL.

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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 $282,297

Program Service Revenue $0

Investment Income $39,586

Other Revenue $480,650

TOTAL REVENUE $802,533

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $110,427

Fundraising Expenses $538,879

Program Expenses $200,000

Other Expenses $470,843

TOTAL EXPENSES $781,270

Year-over-Year Comparison

	2024	2023	Change
Revenue	$802,533	$816,433	0.0%
Expenses	$781,270	$684,981	+0.1%
Net Income	$21,263	$131,452	-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

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
RITCHEY HOWE	SECRETARY	N/A	Officer Director	$0	$0	$0
FRANCES LASERSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
JANE MURPHY	DIRECTOR	N/A	Director	$0	$0	$0
ELIZABETH PITTS	DIRECTOR	N/A	Director	$0	$0	$0
KATHRYN GEORGE TYREE	TREASURER	N/A	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
2024	$802,533	$781,270	$1,686,036	$21,263
2023	$816,433	$684,981	$1,469,000	$131,452
2022	$1,919,173	$1,089,905	$1,359,050	$829,268
2021	$95,531	$445,959	$1,744,111	$-350,428
2020	$5,966	$371,150	$876,601	$-365,184
2019	$842,104	$649,249	$1,226,101	$192,855
2018	$694,100	$553,856	$1,029,082	$140,244

THE DEBUTANTE COTILLION AND CHRISTMAS BALL INC