BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OCEAN PARKWAY COMMUNITY DEVELOPMENT CORP, founded in 1979, is a small nonprofit in the Community Improvement sector that reported $248K in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 10% surplus.
Ocean Parkway Community Development Corporation (OPCDC) is a grass-roots multi-ethnic organization incorporated in 1979 in the State of New York to address the deterioration of housing in Kensington and along the Ocean Parkway corridor. A diverse group of professional and businesspeople came together to create an agency that would focus its activities on neighborhood stabilization, revitalization and improvement. The purpose of the Corporation is to aid in the development, rehabilitation and preservation of local housing and make same available to low and moderate income families. OPCDC's activities comprise a multi-faceted community-based approach that includes housing development, preservation, strengthening of neighborhoods by developing strong neighborhood associations and assisting tenants and property owned with a variety of their housing needs.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $247,942 | $150,095 | +0.7% |
| Expenses | $222,572 | N/A | N/A |
| Net Income | $25,370 | $150,095 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALAN DUBROW | PRESIDENT | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| LARRY JASON | VICE PRES/SECY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| TOM BAUER | DIRECTOR of OPERATIONS | 17.00 |
Officer
|
$41,935 | $19,288 | $61,223 |
| AVROHOM JAFFE | EXECUTIVE DIRECTOR | 8.00 |
Officer
|
$0 | $12,151 | $12,151 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $247,942 | $222,572 | $85,448 | $25,370 |
Compare OCEAN PARKWAY COMMUNITY DEVELOPMENT CORP with other nonprofits in New York and across the country.