IE NEW YORK COLLEGE

EIN: 822365514 501(c)(3) Education

New York, NY

Total Revenue
$5,448,623
Total Expenses
$5,535,696
Total Assets
$8,852,115
Net Assets
$-1,247,114
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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
2017
Legal Domicile
NY
Principal Officer
JACQUELINE LEBLANC
Phone
9177701557
Tax Period
2023-08-01 to 2024-07-31

IE NEW YORK COLLEGE, founded in 2017, is a community nonprofit in the Education sector that reported $5.4M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

The College delivers unique Master of Science degrees in Business for Social Impact and Sustainable Fashion.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,096,877
Program Service Revenue $341,661
Investment Income $2,122
Other Revenue $7,963
TOTAL REVENUE $5,448,623

Expense Breakdown

Grants Paid $81,310
Salaries & Benefits $1,943,884
Fundraising Expenses $0
Program Expenses $1,377,568
Other Expenses $3,510,502
TOTAL EXPENSES $5,535,696

Year-over-Year Comparison

2023 2022 Change
Revenue $5,448,623 $6,126,672 -0.1%
Expenses $5,535,696 $6,288,532 -0.1%
Net Income $-87,073 $-161,860 -0.5%
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
12
Independent Members
10
Employees
34
Volunteers
12

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
$650,203
Total Directors
12
$377,066
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jacqueline LeBlanc - see schedule O Interim President and Provost (from 07.30.2024) 40
Officer
$263,900 $9,237 $273,137
Mike Mannion Trustee & President (to 07.31.2024) 1
Officer Director
$0 $28,438 $245,967
John Albanese Dean of Enrollment 40
Highest
$130,000 $2,600 $132,600
Paul Brown Trustee & Board Secretary (to 07.30.2024) 1
Officer Director
$0 $21,209 $131,099
Jessica Doeman Director of Academic Engagement 40
Highest
$104,350 $2,087 $106,437
Sylvie Freund-Pickavance Trustee (to 07.31.2024) 1
Director
$0 $0 $0
Ian Kerr Trustee (to 07.31.2024) 1
Director
$0 $0 $0
Elinor Ruth Tatum Trustee (to 07.31.2024) 1
Director
$0 $0 $0
Daniel Bena Trustee (to 07.31.2024) 1
Director
$0 $0 $0
Laura Becking Trustee (to 07.31.2024) 1
Director
$0 $0 $0
Jo-Ann Rolle Trustee 1
Director
$0 $0 $0
Eva Haller Trustee (to 07.31.2024) 1
Director
$0 $0 $0
Amit Bhargava Trustee (to 07.31.2024) 1
Director
$0 $0 $0
Neena Mahal Trustee (to 07.31.2024) 1
Director
$0 $0 $0
Euan Rellie Trustee (Treasurer to 07.31.2024) 1
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 $5,448,623 $5,535,696 $8,852,115 $-87,073
2023 $6,126,672 $6,288,532 $10,122,351 $-161,860
2022 $5,230,742 $5,224,866 $1,610,986 $5,876
2021 $4,994,608 $5,201,412 $1,992,425 $-206,804
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