NEW YORK SOLIDARITY NETWORK INC (EIN 874076413) - 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

NATHAN PARSONS-SCHWARZ

Phone

2027507226

Tax Period

2023-01-01 to 2023-12-31

NEW YORK SOLIDARITY NETWORK INC, founded in 2021, is a small nonprofit that reported $844K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 27% operating deficit.

Mission

NEW YORK SOLIDARITY NETWORK (NYSN) IS A MEMBERSHIP ORGANIZATION WHERE WE WORK TOGETHER TO PROMOTE PRO-ISRAEL LEADERSHIP AND COMBAT ANTISEMITISM IN NEW YORK'S PUBLIC SQUARE.

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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 $843,881

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $843,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $361,418

Program Expenses $397,537

Other Expenses $1,004,763

TOTAL EXPENSES $1,069,763

Year-over-Year Comparison

	2023	2022	Change
Revenue	$843,881	$1,965,847	-0.6%
Expenses	$1,069,763	$1,682,311	-0.4%
Net Income	$-225,882	$283,536	-1.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY GINSBERG	PRESIDENT & DIRECTOR	4.00	Officer Director	$0	$0	$0
ADEENA ROSEN	DIRECTOR	1.00	Director	$0	$0	$0
SETH YOSSI SIEGEL	DIRECTOR	1.00	Director	$0	$0	$0
ALICE TISCH	DIRECTOR	1.00	Director	$0	$0	$0
TOM TISCH	DIRECTOR	1.00	Director	$0	$0	$0
HINDY POUPKO	DIRECTOR (UNTIL 06/20/23)	1.00	Director	$0	$0	$0
NATHAN PARSONS-SCHWARZ	TREASURER	10.00	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
2024	No data	No data	No data	No data
2023	$843,881	$1,069,763	$183,149	$-225,882
2022	$1,965,847	$1,682,311	$409,031	$283,536
2021	$200,519	$75,024	$125,495	$125,495

NEW YORK SOLIDARITY NETWORK INC