OPEN NEW YORK EDUCATION INC (EIN 882482956) - 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

2022

Legal Domicile

Principal Officer

ANNEMARIE GRAY

Phone

2027474897

Tax Period

2024-01-01 to 2024-12-31

OPEN NEW YORK EDUCATION INC, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $695K in total revenue in fiscal year 2024. Revenue surged 157% from the prior year, signaling strong growth momentum. Expenses of $615K left a modest 12% surplus.

Mission

SEE PART III, LINE 1.

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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 (2024)

Revenue Breakdown

Contributions & Grants $695,049

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $695,049

Expense Breakdown

Grants Paid $0

Salaries & Benefits $446,344

Fundraising Expenses $45,655

Program Expenses $508,503

Other Expenses $168,658

TOTAL EXPENSES $615,002

Year-over-Year Comparison

	2024	2023	Change
Revenue	$695,049	$270,323	+1.6%
Expenses	$615,002	$114,000	+4.4%
Net Income	$80,047	$156,323	-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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

500

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

$201,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE KUPPERSMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
LIZ DENYS	TREASURER	1.00	Officer Director	$0	$0	$0
ELENA SYTCHEVA	BOARD MEMBER	1.00	Director	$0	$0	$0
SACHI TAKAHASHI-RIAL	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNEMARIE GRAY	EXECUTIVE DIRECTOR	21.00	Officer	$0	$0	$201,000
NICK BERKOWITZ	COMMUNICATIONS DIRECTOR	7.00	Highest	$0	$16,521	$144,955
ASIA THOMAS	DIRECTOR OF ORGANIZING	24.00	Highest	$0	$29,218	$152,718
LOGAN PHARES	POLITICAL DIRECTOR	10.00	Highest	$0	$17,818	$148,818
ANDREW FINE	CHIEF OF STAFF & POLICY DIRECTOR	17.00	Highest	$0	$0	$139,381

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	$695,049	$615,002	$759,549	$80,047
2024	No data	No data	No data	No data
2023	$270,323	$114,000	$252,937	$156,323

OPEN NEW YORK EDUCATION INC