NATIONAL ASSOCIATION OF FAMILY DEVELOPMENT CENTERS INC

EIN: 112707362 501(c)(3)

BROOKLYN, NY

Total Revenue
$7,403,500
Total Expenses
$7,604,664
Total Assets
$4,995,816
Net Assets
$98,189
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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
1984
Legal Domicile
NY
Principal Officer
Maria Fazzolari
Phone
7182587767
Tax Period
2024-07-01 to 2025-06-30

NATIONAL ASSOCIATION OF FAMILY DEVELOPMENT CENTERS INC, founded in 1984, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

PROVIDING EARLY CHILDHOOD EDUCATION THROUGH FEDERALLY FUNDED HEAD START PROGRAMS AND STATE FUNDED UPK PROGRAMS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,389,553
Program Service Revenue $0
Investment Income $29
Other Revenue $13,918
TOTAL REVENUE $7,403,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,007,823
Fundraising Expenses $0
Program Expenses $7,288,794
Other Expenses $2,596,841
TOTAL EXPENSES $7,604,664

Year-over-Year Comparison

2024 2023 Change
Revenue $7,403,500 $8,382,024 -0.1%
Expenses $7,604,664 $8,154,574 -0.1%
Net Income $-201,164 $227,450 -1.9%
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

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Governance

Voting Members
8
Independent Members
8
Employees
117
Volunteers
N/A

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
1
$218,201
Total Directors
8
$218,201
Key Employees
1
$218,201
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL FALCONE CHAIR PERSON 2.00
Director
$0 $0 $0
Rosanne Catania Co Chairperson and Early Childhood 2.00
Director
$0 $0 $0
Marlene Nolan Treasurer And Early Childhood 2.00
Director
$0 $0 $0
Shiffra Barminko Early Childhood Member 2.00
Director
$0 $0 $0
Ana Menza Health Member 2.00
Director
$0 $0 $0
Eddie Mark Community Member 2.00
Director
$0 $0 $0
Nicholas Muniz Parent Member DAPC Chairperson 2.00
Director
$0 $0 $0
Maria Fazzolari EXECUTIVE DIRECTOR 35.00
Officer Director Key Emp
$218,201 $0 $218,201
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
2025 $7,403,500 $7,604,664 $4,995,816 $-201,164
2024 $8,382,024 $8,154,574 $4,812,179 $227,450
2023 $7,227,993 $7,229,929 $5,764,875 $-1,936
2022 $7,029,878 $7,031,813 $2,027,117 $-1,935
2021 $7,614,690 $7,616,125 $1,018,377 $-1,435
2020 $7,631,655 $7,633,575 $1,135,644 $-1,920
2019 $8,879,898 $8,881,883 $1,270,463 $-1,985
2018 $8,795,653 $8,797,487 $1,239,714 $-1,834
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