NEW YORK STATE SOCIETY OF THE CINCINNATI INC

EIN: 800720835 Arts, Culture & Humanities

BEACON, NY

Total Revenue
$72,315
Total Expenses
$82,492
Total Assets
$800,311
Net Assets
$800,311
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
DOUG HAMILTON
Phone
8042659725
Tax Period
2024-01-01 to 2024-12-31

NEW YORK STATE SOCIETY OF THE CINCINNATI INC, founded in 2011, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $72K in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $82K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO HONOR AND PERPETUATE TE MEMORY AND SPIRIT OF THE MEN AND WOMEN WHO, BY THEIR SERVICES AND SACRIFICES DURING THE AMERICAN REVOLUTION FROM 1775 TO 1783, ASSISTED IN THE ESTABLISHMENT OF THE UNITED STATES OF AMERICA AS A FREE AND INDEPENDENT COUNTRY, WITH SPECIAL CONSIDERATION ACCORED TO THE COMMISSIONED OFFICERS OF THE NEW YORK CONTINENTAL LINE AND THE SOLDIERS THEY LED.

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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 $16,400
Program Service Revenue $25,664
Investment Income $27,150
Other Revenue $3,101
TOTAL REVENUE $72,315

Expense Breakdown

Grants Paid $38,744
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,917
Other Expenses $43,748
TOTAL EXPENSES $82,492

Year-over-Year Comparison

2024 2023 Change
Revenue $72,315 $40,620 +0.8%
Expenses $82,492 $99,369 -0.2%
Net Income $-10,177 $-58,749 -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

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
18

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
9
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS SINCLAIR HAMILTON PRESIDENT 4.00
Officer
$0 $0 $0
WILLIAM PFINGST CARRELL II VICE PRESIDENT 2.00
Officer
$0 $0 $0
ROBERT LEWIS FAGALY SECRETARY 4.00
Officer
$0 $0 $0
GARY PETER DUBOIS ASSISTANT SECRETARY 0.60
Officer
$0 $0 $0
JOHN COLE SCOTT TREASURER 0.60
Officer
$0 $0 $0
WILLIAM FREDERICK YONKERS ASSISTANT TREASURER 0.20
Officer
$0 $0 $0
WILLIAM R HEARTER JR CHAPLAIN 0.20
Officer
$0 $0 $0
EDWARD ALLEN SEIDEL MD SURGEON 0.20
Officer
$0 $0 $0
RICHARD GEORGE SWARTWOUT JR SERGENT AT ARMS 0.20
Officer
$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 $72,315 $82,492 $800,311 $-10,177
2023 $40,620 $99,369 $797,274 $-58,749
2022 $-83,118 $125,776 $1,026,976 $-208,894
2021 $381,347 $70,298 $1,078,868 $311,049
2020 $100,917 $30,779 $990,755 $70,138
2019 $77,174 $49,438 $680,270 $27,736
2018 $68,259 $84,715 $573,583 $-16,456
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