NEW YORK CHAPTER AMERICAN COLLEGE O

EIN: 521289396 501(c)(3)

ALBANY, NY

Total Revenue
$294,925
Total Expenses
$325,369
Total Assets
$994,262
Net Assets
$992,288
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NY
Principal Officer
LORETTA PONESSE
Phone
5184270366
Tax Period
2024-07-01 to 2025-06-30

NEW YORK CHAPTER AMERICAN COLLEGE O, founded in 1981, is a small nonprofit that reported $295K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $325K exceeded revenue, resulting in a 10% operating deficit.

Mission

MEDICAL EDUCATION ACTIVITIES - THE ORGANIZATION CONDUCTS MEDICAL EDUCATION PROGRAMS WHICH PROVIDE PRACTICING PHYSICIANS WITH UP-TO-DATE INFORMATION NECESSARY IN INTERNAL MEDICINE DISCIPLINE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $184,845
Program Service Revenue $87,308
Investment Income $22,772
Other Revenue $0
TOTAL REVENUE $294,925

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $322,514
Other Expenses $325,369
TOTAL EXPENSES $325,369

Year-over-Year Comparison

2024 2023 Change
Revenue $294,925 $316,199 -0.1%
Expenses $325,369 $354,373 -0.1%
Net Income $-30,444 $-38,174 -0.2%
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

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Governance

Voting Members
28
Independent Members
28
Employees
N/A
Volunteers
385

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
3
$0
Total Directors
28
$163,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORETTA PONESSE EXECUTIVE DI 35.00
Director
$0 $0 $163,200
VASUNDHARA SINGH MD FACB COUNCIL MEMB N/A
Director
$0 $0 $0
AMANDA RAFF MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
ANITA SZERSZEN DO FACP COUNCIL MEMB N/A
Director
$0 $0 $0
ANUSH PATEL MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
CAMILE GOODEN MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
CHRIS ELSAYAD MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
CORI SALVIT MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
DONNA MORRISON MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
EVAN SIAU MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
JOHN HALL MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
KALYANA C JANGA MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
KELLY RAMSEY MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
MATSUKO TAKESHIGE DO FACP COUNCIL MEMB N/A
Director
$0 $0 $0
MEGAN GERBER MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
MICHAEL LOCURCIO MD FACP TREASURER N/A
Officer Director
$0 $0 $0
MOHAMMAD SAMIH MBBS FACP COUNCIL MEMB N/A
Director
$0 $0 $0
NASIR KHAN MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
NGOZI KANU MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
OLANREWAJU O ESAN MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
PAUL KUPERSCHMID MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
PAULA LESTER MD FACP SECRETARY N/A
Officer Director
$0 $0 $0
SANJEEV GUPTA MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
SMITA BAKHAI MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
SUSAN LEE MD FACP PRESIDENT N/A
Officer Director
$0 $0 $0
TODD SIMON MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
VALENTIN GUSET MD FACP COUNCIL MEMB N/A
Director
$0 $0 $0
VIREN KAUL MD FACP COUNCIL MEMB N/A
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
2025 $294,925 $325,369 $994,262 $-30,444
2024 $316,199 $354,373 $960,885 $-38,174
2023 $384,922 $400,188 $929,040 $-15,266
2022 $360,010 $289,191 $902,526 $70,819
2021 $506,178 $357,416 $883,479 $148,762
2020 $438,699 $358,122 $682,512 $80,577
2019 $357,630 $410,209 $582,724 $-52,579
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