BACKSTRETCH EMPLOYEE SERVICE TEAM OF NEW YORK INC

EIN: 112976735 501(c)(3) Employment

ELMONT, NY

Total Revenue
$2,412,969
Total Expenses
$2,057,721
Total Assets
$2,932,372
Net Assets
$2,799,188
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NY
Principal Officer
FRANK CARUSO
Phone
5164883434
Tax Period
2023-01-01 to 2023-12-31

BACKSTRETCH EMPLOYEE SERVICE TEAM OF NEW YORK INC, founded in 1989, is a community nonprofit in the Employment sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 15% surplus.

Mission

B.E.S.T. IS A NON-PROFIT ORGANIZATION WHICH IS DEVOTED TO PROVIDING FOR THE HEALTH AND SOCIAL WELFARE NEEDS OF THE SEVERAL THOUSAND, LOW WAGE, BARN AREA ("BACKSTRETCH") WORKERS OF THE AQUEDUCT, BELMONT, AND SARATOGA RACE TRACKS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,340,747
Program Service Revenue $0
Investment Income $72,222
Other Revenue $0
TOTAL REVENUE $2,412,969

Expense Breakdown

Grants Paid $532,676
Salaries & Benefits $1,307,760
Fundraising Expenses $58,649
Program Expenses $1,669,987
Other Expenses $217,285
TOTAL EXPENSES $2,057,721

Year-over-Year Comparison

2023 2022 Change
Revenue $2,412,969 $2,023,211 +0.2%
Expenses $2,057,721 $2,003,031 +0.0%
Net Income $355,248 $20,180 +16.6%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
18
Volunteers
80

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
5
$186,482
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IRIS ROBERTS ESQ CO-CHAIR 2.00
Officer Director
$0 $0 $0
JAMES FERRARO TREASURER 2.00
Officer Director
$0 $0 $0
CHAD BROWN MEMBER 2.00
Director
$0 $0 $0
LAUREN EVANS MEMBER 2.00
Director
$0 $0 $0
LEAH GYARMATI MEMBER 2.00
Director
$0 $0 $0
NICOLE RUDOLPH-KATZ MEMBER` 2.00
Director
$0 $0 $0
DANIEL SUMMERS MEMBER 2.00
Director
$0 $0 $0
AARON YAGODA CO-CHAIR 2.00
Officer Director
$0 $0 $0
NAJJA THOMPSON SECRETARY 2.00
Officer Director
$0 $0 $0
DR EDWARD MESSINA MEMBER 2.00
Director
$0 $0 $0
PAUL RUCHAMES EXECUTIVE DIRECTOR 40.00
Officer
$179,240 $7,242 $186,482
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
2024 No data No data No data No data
2023 $2,412,969 $2,057,721 $2,932,372 $355,248
2022 $2,023,211 $2,003,031 $2,551,190 $20,180
2021 $2,152,751 $1,816,879 $2,509,504 $335,872
2020 $2,019,577 $1,789,884 $2,322,112 $229,693
2019 $2,169,126 $2,050,269 $1,957,349 $118,857
2018 $2,068,534 $1,841,691 $1,830,641 $226,843
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BACKSTRETCH EMPLOYEE SERVICE TEAM OF NEW YORK INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.