FOUNDATION OF NEW YORK STATE NURSES INC (EIN 510183509) - 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

1975

Legal Domicile

Principal Officer

JOAN MADDEN WILSON

Phone

5184567858

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION OF NEW YORK STATE NURSES INC, founded in 1975, is a small nonprofit that reported $540K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $499K left a modest 8% surplus.

Mission

TO SUPPORT WORKING PROFESSIONAL NURSES THROUGH MENTORING, EDUCATIONAL ADVANCEMENT, AND RESEARCH.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $259,033

Program Service Revenue $175,273

Investment Income $83,201

Other Revenue $22,919

TOTAL REVENUE $540,426

Expense Breakdown

Grants Paid $4,500

Salaries & Benefits $344,917

Fundraising Expenses $84,695

Program Expenses $322,688

Other Expenses $149,785

TOTAL EXPENSES $499,202

Year-over-Year Comparison

	2023	2022	Change
Revenue	$540,426	$410,710	+0.3%
Expenses	$499,202	$543,671	-0.1%
Net Income	$41,224	$-132,961	-1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOAN MADDEN WILSON MA RN	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY J FINNIN MS RN	DIRECTOR	2.00	Director	$0	$0	$0
DONNA J KIRKER MS RNNEA-BC	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
FRANK MORRA MBA	TREASURER	2.00	Officer Director	$0	$0	$0
VIRGINIA B PHOENIX MDIV	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA BONIFICIO MSN RN	DIRECTOR	2.00	Director	$0	$0	$0
LEE A CARR RN	DIRECTOR	2.00	Director	$0	$0	$0
YVONNE JOHNSTON DRPH MPH MS RN	SECRETARY	2.00	Officer Director	$0	$0	$0
LINDA MILLENBACK PHD RN	DIRECTOR	2.00	Director	$0	$0	$0
CECILIA MULVEY PHD RN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT O'CONNELL MSW	DIRECTOR	2.00	Director	$0	$0	$0
MARY JOY GARCIA-DIA DNPRNFAAN	DIRECTOR	2.00	Director	$0	$0	$0
DAVID THEOBALD MSRNCSP	DIRECTOR	2.00	Director	$0	$0	$0
MARTIN DORNBAUM MS	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$540,426	$499,202	$1,813,945	$41,224
2022	$410,710	$543,671	$1,726,439	$-132,961
2021	$445,763	$528,865	$2,203,740	$-83,102
2020	$412,752	$527,016	$2,270,375	$-114,264
2019	$548,988	$550,426	$2,342,282	$-1,438
2018	$609,583	$643,767	$2,270,503	$-34,184

FOUNDATION OF NEW YORK STATE NURSES INC