NASSAU BOCES EDUCATIONAL FOUNDATION

EIN: 870776465 501(c)(3) Education

LEVITTOWN, NY

Total Revenue
$130,875
Total Expenses
$66,473
Total Assets
$314,631
Net Assets
$286,556
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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

Legal Domicile
NY
Tax Period
2023-07-01 to 2024-06-30

NASSAU BOCES EDUCATIONAL FOUNDATION is a small nonprofit in the Education sector that reported $131K in total revenue in fiscal year 2023. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 49% operating margin.

Mission

PROVIDE SUPPLEMENTAL FUNDS TO ENHANCE THE QUALITY OF EDUCATION AT NASSAU BOCES.

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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 $52,128
Program Service Revenue $0
Investment Income $6,773
Other Revenue $71,974
TOTAL REVENUE $130,875

Expense Breakdown

Grants Paid $60,333
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $60,333
Other Expenses $6,140
TOTAL EXPENSES $66,473

Year-over-Year Comparison

2023 2022 Change
Revenue $130,875 $57,229 +1.3%
Expenses $66,473 $68,144 0.0%
Net Income $64,402 $-10,915 -6.9%
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
23
Independent Members
21
Employees
N/A
Volunteers
N/A

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
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MS MELISSA SNIDER CO-FOUNDER 1.00
Officer Director
$0 $0 $0
MS TERESA SCATURRO REC. SECRETARY 1.00
Officer Director
$0 $0 $0
MRS EILEEN COLTON BOARD MEMBER 1.00
Director
$0 $0 $0
MS BARBARA GOLEMME Treasurer 3.00
Officer Director
$0 $0 $0
DR MARSHA BARNETT ASST. TREASURER 1.00
Officer Director
$0 $0 $0
MRS AMY BASS BOARD MEMBER 1.00
Director
$0 $0 $0
MS PAULA LEIN BOARD MEMBER 1.00
Director
$0 $0 $0
MS LESLIE DAVID CORR SECRETARY 1.00
Officer Director
$0 $0 $0
DR MAUREEN METAKES BOARD MEMBER 1.00
Director
$0 $0 $0
DR CHRISTOPHER DILLON BOARD MEMBER 1.00
Director
$0 $0 $0
MS AVA FAVARA BOARD MEMBER 1.00
Director
$0 $0 $0
MR RAYMOND ANDREASEN BOARD MEMBER 1.00
Director
$0 $0 $0
MR MICHAEL WEINICK BOARD LIASON 1.00
Director
$0 $0 $0
MS BARBARA LONGO BOARD MEMBER 1.00
Director
$0 $0 $0
MS MICHELLE PUGLIANO BOARD MEMBER 1.00
Director
$0 $0 $0
MRS THERESA SCHAFER-BELL CORR SECRETARY 1.00
Officer Director
$0 $0 $0
DR JOHN GANGEMI FOUNDER 1.00
Officer Director
$0 $0 $0
MR ANTHONY FIERRO CHAIRPERSON 3.00
Officer Director
$0 $0 $0
DR RANIER MELUCCI BOARD MEMBER 1.00
Director
$0 $0 $0
MS AMY GOLDSTEIN VICE CHAIRPERSO 1.00
Officer Director
$0 $0 $0
MR GWYETH SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
MR ARNOLD GOLDSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
DR BENEDICT BAGLIO BOARD MEMBER 1.00
Director
$0 $0 $0
MR EDWARD EHMANN BOARD MEMBER 1.00
Director
$0 $0 $0
MR ROBERT SCHOEN BOARD LIASON 1.00
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 $130,875 $66,473 $314,631 $64,402
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