Valley Stream Voice of the Taxpayer Inc

Nonprofit profile at a glance

EIN
813377108
IRS 990-EZ coverage
2016–2019
Forms available
Form 990-EZ 2019
Location
Valley Stream, NY, USA
Phone
5168257206
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeowners & Tenants Associations

Reported finances

Revenue
$1,747
Expenses
$2,472
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Joanne T Lynch-Antun (President)

People named in this filing

  • Joanne T Lynch-Antun (President)
  • Michael Belfiore Resig 72619 (Board Member)
  • Michael P Tomicich (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The objective of the Organization shall be to examine how the actions of local governments and other taxing authorities impact the utilization of taxpayer funds.

What it reported doing in 2019

1. Monitoring the activities of local governments and identifying those whose actions, whether active or passive, may have diminished the value of the taxpayers investment in the community. Local governments is defined to include local taxing authorities. [Time commitment - 45%. Until membership is in place to assist, the board will prioritize monitoring activity and a board member will conduct the monitoring.]2. Collecting the information and financial data necessary to examine if these decisions did, in effect, adversely impact the communitys fiscal health and/or the utilization of taxpayer funds. Information and financial data will be obtained from publicly available sources and when necessary, through the Freedom of Information Act. [Time commitment - 25%.]3. Analyzing the information and financial data collected; quantifying impact where possible and, sharing results with the membership and others. [Time commitment - 30%. Activity to commence after (2) and to be performed by board member until membership in place to assist.]

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 14
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -41.5%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 56% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: -4.3% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2016 to 2019
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.