Troy, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PAINE CASTLE FOUNDATION INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $193K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $443K exceeded revenue, resulting in a 130% operating deficit.
To renovate and preserve the architectural, historic, & civic value of the building more commonly known as 49 Second Street, Troy, NY 12180, currently registered with the New York State Historical Preservation registry, and to increase historical preservation awareness through educational programs open to the community.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $192,871 | $253,007 | -0.2% |
| Expenses | $442,880 | $74,456 | +4.9% |
| Net Income | $-250,009 | $178,551 | -2.4% |
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 |
|---|---|---|---|---|---|---|
| William Kenyon Banker | Director | 1 |
Director
|
$0 | $0 | $0 |
| Nicholas Grippo | Director | 1 |
Director
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$0 | $0 | $0 |
| Jonathan Diehl | Director | 1 |
Director
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$0 | $0 | $0 |
| Kimberly Rapp | Director | 8 |
Director
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$0 | $0 | $0 |
| Len Pierce | Secretary | 5 |
Director
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$0 | $0 | $0 |
| Scott Schenker | Assistant Treasurer | 4 |
Director
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$0 | $0 | $0 |
| Scott Carpman | Vice President | 15 |
Director
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$0 | $0 | $0 |
| Wyatt Alexander Nordstrom | Vice President | 8 |
Director
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$0 | $0 | $0 |
| Keith Morris | Treasurer | 5 |
Director
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$0 | $0 | $0 |
| George Theodore Dalakos | Director | 3 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $192,871 | $442,880 | $260,934 | $-250,009 |
| 2023 | $253,007 | $74,456 | $304,300 | $178,551 |
| 2022 | $162,591 | $124,238 | $152,749 | $38,353 |
| 2021 | $243,084 | $189,249 | $94,422 | $53,835 |
| 2020 | $75,917 | $44,324 | $68,494 | $31,593 |
Compare PAINE CASTLE FOUNDATION INC with other nonprofits in New York and across the country.