ALBANY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EMPIRE STATE EMPLOYMENT RESOURCES FOR THE BLIND INC, founded in 2014, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023. Expenses of $1.9M left a modest 12% surplus.
CREATING EMPLOYMENT OPPORTUNITIES AND UPWARD MOBILITY FOR NEW YORKERS WHO ARE BLIND.
THE NEW YORK STATE PREFERRED SOURCE PROGRAM FOR NEW YORKERS WHO ARE BLIND (NYSPSP) IS A STATE-MANDATED INITIATIVE DESIGNED TO CREATE AND SUSTAIN MEANINGFUL EMPLOYMENT FOR INDIVIDUALS WHO ARE BLIND...
THE NEW YORK STATE PREFERRED SOURCE PROGRAM FOR NEW YORKERS WHO ARE BLIND (NYSPSP) IS A STATE-MANDATED INITIATIVE DESIGNED TO CREATE AND SUSTAIN MEANINGFUL EMPLOYMENT FOR INDIVIDUALS WHO ARE BLIND. THROUGH A NETWORK OF NINE AFFILIATED NONPROFIT AGENCIES, THE PROGRAM CURRENTLY EMPLOYS 431 BLIND OR VISUALLY IMPAIRED NEW YORKERS. IN ACCORDANCE WITH STATE PROCUREMENT LAW, STATE AND LOCAL AGENCIES ARE REQUIRED TO PURCHASE DESIGNATED PRODUCTS AND SERVICES PROVIDED BY THESE NONPROFITS. IN 2024, FIVE INDIVIDUALS EMPLOYED THROUGH THE PROGRAM WERE PROMOTED, AND 50 NEW PROJECTS WERE ADDED TO THE NYSPSP PORTFOLIO, EXPANDING ITS REACH AND IMPACT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,187,087 | $2,058,541 | +0.1% |
| Expenses | $1,923,249 | $2,226,730 | -0.1% |
| Net Income | $263,838 | $-168,189 | -2.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LISA A DAMIANI | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN C ROBINSON | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENNY J FERNALD | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIEL SPENCE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PETER SLATIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN J CALABRESE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER LAKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN A LYNCH | DIRECTOR THRU APR 2024 | 1.00 |
Director
|
$0 | $43,676 | $527,680 |
| SORAYA CORREA | DIRECTOR FROM MAR 2024 | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER T BURKE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$176,002 | $40,276 | $216,278 |
| TIMOTHY FIORI | SENIOR DIRECTOR | 40.00 |
Highest
|
$171,667 | $41,674 | $213,341 |
| LAWRENCER MIRRO | SENIOR STATE ACCT MANAGER | 40.00 |
Highest
|
$105,854 | $12,250 | $118,104 |
| COLLEEN FRANCHINI | PROGRAM DIRECTOR, ADMIN THRU SEP 2023 | 40.00 |
|
$119,751 | $9,817 | $129,568 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,187,087 | $1,923,249 | $8,646,142 | $263,838 |
| 2023 | $2,058,541 | $2,226,730 | $9,097,990 | $-168,189 |
| 2022 | $2,295,622 | $2,067,463 | $8,843,753 | $228,159 |
| 2021 | $2,644,923 | $1,912,062 | $9,259,656 | $732,861 |
| 2020 | $2,367,211 | $2,133,824 | $10,220,854 | $233,387 |
| 2019 | $2,219,703 | $1,805,968 | $8,049,500 | $413,735 |
| 2018 | $2,338,675 | $1,878,093 | $7,176,535 | $460,582 |
Compare EMPIRE STATE EMPLOYMENT RESOURCES FOR THE BLIND INC with other nonprofits in New York and across the country.