BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CARROLL GARDENS ASSOCIATION INC, founded in 1971, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $206K, a strong 20% operating margin.
CARROLL GARDENS ASSOCIATION'S SERVICE AREA IS LOCATED IN SOUTHWEST BROOKLYN, INCLUDING THE NEIGHBORHOODS OF RED HOOK, THE COLUMBIA STREET WATERFRONT DISTRICT, CARROLL GARDENS, GOWANUS, AND SUNSET PARK. WHILE WE SERVE THE ENTIRE SOUTHWEST BROOKLYN AND PORTIONS OF BROOKLYN COMMUNITY BOARD 6 AND COMMUNITY BOARD 7, OUR CATCHMENT AREA FOR THE NEIGHBORHOOD PRESERVATION PROGRAM FOCUSES MAINLY ON THE NEIGHBORHOODS OF RED HOOK, THE COLUMBIA STREET WATERFRONT DISTRICT, AND CARROLL GARDENS. AS A COMMUNITY-BASED HOUSING DEVELOPER AND NEIGHBORHOOD PRESERVATION COMPANY (NPC), CARROLL GARDENS ASSOCIATION HAS COMPLETED OVER 500 AFFORDABLE HOUSING UNITS IN THE NEIGHBORHOODS OF RED HOOK, THE COLUMBIA STREET WATERFRONT DISTRICT, CARROLL GARDENS, AND GOWANUS. WE ARE ALSO WORKING TOWARDS A NEW COMMUNITY DEVELOPMENT FRAMEWORK ROOTED IN CREATING DEMOCRATIC WORKPLACES, BROADENING OWNERSHIP OF CAPITAL AND ASSET GENERATION, EQUITABLE AND INCLUSIVE GROWTH, AND ENVIRONMENTAL SUSTAINABILITY.
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 | $1,021,415 | $839,158 | +0.2% |
| Expenses | $814,998 | $696,347 | +0.2% |
| Net Income | $206,417 | $142,811 | +0.4% |
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 |
|---|---|---|---|---|---|---|
| VILMA V HERAMIA UNTIL 12312024 | EXECUTIVE DI | 35.00 |
Officer
|
$117,333 | $0 | $117,333 |
| EVA SIERRA GIAMBOI | CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENJAMIN LEVINE | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CYNTHIA GONZALEZ | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE FIALA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEROY BRANCH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RALPH BUMBACA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH BUSCARELLO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SULEKHA SHARAN FRANK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GALE JOHNSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA WILSON ESQ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2024 | $1,021,415 | $814,998 | $1,540,239 | $206,417 |
| 2023 | $806,334 | $684,258 | $1,179,035 | $122,076 |
| 2023 | $839,158 | $696,347 | $1,230,065 | $142,811 |
| 2022 | $698,865 | $612,557 | $1,052,597 | $86,308 |
| 2022 | $687,699 | $599,977 | $1,023,742 | $87,722 |
| 2021 | $494,832 | $425,702 | $945,006 | $69,130 |
| 2021 | $534,127 | $458,602 | $972,645 | $75,525 |
| 2020 | $384,491 | $503,438 | $752,034 | $-118,947 |
| 2019 | $452,859 | $373,636 | $897,213 | $79,223 |
| 2018 | $691,756 | $312,063 | $885,834 | $379,693 |
Compare CARROLL GARDENS ASSOCIATION INC with other nonprofits in New York and across the country.