MEDGAR EVERS COLLEGE AUXILIARY ENTERPRISES CORPORATION

EIN: 112911407 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$230,396
Total Expenses
$388,901
Total Assets
$1,128,805
Net Assets
$590,936
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
JACQUELINE CLARK
Phone
7182706113
Tax Period
2023-07-01 to 2024-06-30

MEDGAR EVERS COLLEGE AUXILIARY ENTERPRISES CORPORATION, founded in 2003, is a small nonprofit in the Education sector that reported $230K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $389K exceeded revenue, resulting in a 69% operating deficit.

Mission

THE MEDGAR EVERS COLLEGE AUXILIARY ENTERPRISES CORPORATION WAS ORGANIZED TO SUPPORT CERTAIN STUDENT ACTIVITIES AND PROVIDE FACILITIES AND SERVICES FOR THE BENEFIT OF MEDGAR EVERS COLLEGE'S CAMPUS COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,283
Program Service Revenue $184,627
Investment Income $27,022
Other Revenue $12,464
TOTAL REVENUE $230,396

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $326,536
Other Expenses $388,901
TOTAL EXPENSES $388,901

Year-over-Year Comparison

2023 2022 Change
Revenue $230,396 $182,442 +0.3%
Expenses $388,901 $320,672 +0.2%
Net Income $-158,505 $-138,230 +0.1%
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
13
Independent Members
5
Employees
N/A
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
2
$527,548
Total Directors
13
$1,729,726
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE CLARK CHAIR 1.00
Officer Director
$0 $100,446 $313,704
REBECCA-FRALEY CORRADO CO-CHAIR 1.00
Officer Director
$0 $53,400 $213,844
JEAN DUFOUR BOARD MEMBER 1.00
Director
$0 $46,114 $139,138
JESSE KANE BOARD MEMBER 1.00
Director
$0 $85,249 $303,354
EVELYN CASTRO BOARD MEMBER 1.00
Director
$0 $62,820 $228,136
AMANI REECE BOARD MEMBER 1.00
Director
$0 $34,917 $140,727
MICAH CRUMP BOARD MEMBER 1.00
Director
$0 $62,527 $211,736
GOLDENE LEWIS BOARD MEMBER 1.00
Director
$0 $47,537 $179,087
ARTHUR AYRES BOARD MEMBER 1.00
Director
$0 $0 $0
GRACE ADELANI BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE GOVANS BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTOPHER GONZALEZ BOARD MEMBER 1.00
Director
$0 $0 $0
GERELDYNE RAPHAEL BOARD MEMBER 1.00
Director
$0 $0 $0
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 No data No data No data No data
2024 $230,396 $388,901 $1,128,805 $-158,505
2023 $182,442 $320,672 $1,275,322 $-138,230
2022 $89,282 $248,313 $1,308,274 $-159,031
2021 $264,940 $135,569 $1,597,931 $129,371
2020 $618,388 $618,186 $1,497,016 $202
2019 $872,851 $882,470 $1,522,402 $-9,619
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