Wall Street Tax Association Inc
Nonprofit profile at a glance
- EIN
- 237388274
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- New York, NY, USA
- Phone
- 9732283500
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Finance, Taxation, Monetary Policy
Reported finances
- Revenue
- $53,955
- Expenses
- $6,699
- Assets
- $234,765
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- JAMES NOLAN (PRESIDENT)
- KEVIN SALINGER (VICE PRESIDENT)
- RISA DORSKY (VICE PRESIDENT)
People named in this filing
- JAMES NOLAN (PRESIDENT)
- KEVIN SALINGER (VICE PRESIDENT)
- RISA DORSKY (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide a forum for networking and educational opportunities.
What it reported doing in 2024
Forum for networking and educational opportunities for wall street professionals.
Operating model
- Revenue model
- Membership-supported. 82% of the money available for current operations came from membership dues.
- 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 15
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 87
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.7%; rating input score 5
- Program expense ratio: 37.3%; rating input score 37
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 87.6%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 35.04; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -7.9% per year; rating input score 0; 36th percentile among comparable filings
- Asset growth: -5.7% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 4.7% of revenue deployed · 37.3% of spending went to programs
- Governance: 20 of 20 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 19 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 3 filed schedules · includes related organizations
- Filing history: 5 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Growth: Asset growth scored 0/100.