SPIRIT NYS INC (EIN 861566121) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

John G Thompson

Phone

7178256633

Tax Period

2023-01-01 to 2023-12-31

SPIRIT NYS INC, founded in 2021, is a small nonprofit that reported $158K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $93K, a strong 59% operating margin.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $133,612

Program Service Revenue $0

Investment Income $10,457

Other Revenue $14,077

TOTAL REVENUE $158,146

Expense Breakdown

Grants Paid $54,067

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,611

Other Expenses $11,544

TOTAL EXPENSES $65,611

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,146	$177,270	-0.1%
Expenses	$65,611	$74,926	-0.1%
Net Income	$92,535	$102,344	-0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ted Thompson	board member	1	Director	$0	$0	$0
Michelle McNeil	board member	2	Director	$0	$0	$0
Quinn O'Rourke	Board member	3	Director	$0	$0	$0
Amy Breitenborn	board member	20	Director	$0	$0	$0
Kim Thompson	Director Policies	2	Officer	$0	$0	$0
Teresa DeSanctis	Secretary	2	Officer	$0	$0	$0
John Thompson	Chair, CEO	11	Officer	$0	$0	$0
Mary Thompson	Assistant Chair	15	Officer	$0	$0	$0
Cheryl Young	CFO	5	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
2023	$158,146	$65,611	$400,891	$92,535
2021	$209,236	$12,497	$198,988	$196,739

SPIRIT NYS INC