TRANSNEWYORK INC

EIN: 831006316 501(c)(3) Public & Societal Benefit

SEAFORD, NY

Total Revenue
$261,130
Total Expenses
$291,124
Total Assets
$1,193
Net Assets
$-57,214
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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
2018
Legal Domicile
NY
Principal Officer
GENNIFER HERLEY
Phone
5163750330
Tax Period
2019-01-01 to 2019-12-31

TRANSNEWYORK INC, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $261K in total revenue in fiscal year 2019. Expenses of $291K exceeded revenue, resulting in a 11% operating deficit.

Mission

Education and counseling services for transgender community

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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 (2019)

Revenue Breakdown

Contributions & Grants $261,130
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $261,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $270,009
Other Expenses $291,124
TOTAL EXPENSES $291,124

Year-over-Year Comparison

2019 2018 Change
Revenue $261,130 N/A N/A
Expenses $291,124 N/A N/A
Net Income $-29,994 N/A 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
3
Independent Members
2
Employees
N/A
Volunteers
6

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Genifer Herley Chief Executive Officer 40.00
Officer 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
2019 $261,130 $291,124 $1,193 $-29,994
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