NATIONAL ETHNIC ALBANIAN AMERICAN FOUNDATION INC

EIN: 521622672 501(c)(3)

OSSINING, NY

Total Revenue
$288,080
Total Expenses
$70,707
Total Assets
$260,952
Net Assets
$250,952
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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
1988
Legal Domicile
NY
Principal Officer
SHIRLEY A CLOYES
Phone
9147625530
Tax Period
2022-03-01 to 2023-02-28

NATIONAL ETHNIC ALBANIAN AMERICAN FOUNDATION INC, founded in 1988, is a small nonprofit that reported $288K in total revenue in fiscal year 2022. The organization ran a surplus of $217K, a strong 75% operating margin.

Mission

- STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FOR DETAILS

Program Service Accomplishments

Program 1
Expenses: $38,880

- STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FOR DETAILS

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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 (2022)

Revenue Breakdown

Contributions & Grants $288,080
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $288,080

Expense Breakdown

Grants Paid $1,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $38,880
Other Expenses $69,107
TOTAL EXPENSES $70,707

Year-over-Year Comparison

2022 2021 Change
Revenue $288,080 N/A N/A
Expenses $70,707 N/A N/A
Net Income $217,373 $0 N/A
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
4
Independent Members
N/A
Employees
N/A
Volunteers
4

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHIRLEY A CLOYES PRESIDENT / DIRECTOR 10.00
Officer Director
$0 $0 $0
JOSEPH J DIOGUARDI TREASURER / DIRECTOR 5.00
Officer Director
$0 $0 $0
LEKA REZNIQI DIRECTOR 10.00
Director
$0 $0 $0
FATON BISLIMI DIRECTOR 10.00
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
2023 $288,080 $70,707 $260,952 $217,373
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