METROPOLITAN DEVELOPMENT CENTER

EIN: 113293489 501(c)(3) Youth Development

BROOKLYN, NY

Total Revenue
$12,816,108
Total Expenses
$12,124,070
Total Assets
$4,956,186
Net Assets
$3,900,544
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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
1995
Legal Domicile
NY
Principal Officer
SINAI HALBERSTAM
Phone
7186336666
Tax Period
2024-07-01 to 2025-06-30

METROPOLITAN DEVELOPMENT CENTER, founded in 1995, is a mid-sized nonprofit in the Youth Development sector that reported $12.8M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $12.1M left a modest 5% surplus.

Mission

PROVISION OF SERVICES TO CHILDREN WITH HANDICAPPING CONDITIONS

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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 $107,260
Program Service Revenue $12,708,059
Investment Income $0
Other Revenue $789
TOTAL REVENUE $12,816,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,206,926
Fundraising Expenses $0
Program Expenses $11,256,990
Other Expenses $4,917,144
TOTAL EXPENSES $12,124,070

Year-over-Year Comparison

2024 2023 Change
Revenue $12,816,108 $11,143,579 +0.2%
Expenses $12,124,070 $10,541,297 +0.2%
Net Income $692,038 $602,282 +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
3
Independent Members
3
Employees
368
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
$100,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MENACHEM WEINBERGER DIRECTOR 2.00
Director
$0 $0 $0
JELLIOT MANASSEH DIRECTOR 1.00
Director
$0 $0 $0
CHAVA HALBERSTAM PRESIDENT 4.00
Officer
$0 $0 $0
SINAI HALBERSTAM EXECUTIVE DIRECTOR 4.00
Officer
$100,000 $0 $100,000
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 $12,816,108 $12,124,070 $4,956,186 $692,038
2024 $11,143,579 $10,541,297 $3,850,699 $602,282
2023 $7,897,718 $7,469,911 $3,648,790 $427,807
2022 $7,487,789 $6,332,517 $2,978,131 $1,155,272
2021 $5,506,201 $5,393,371 $2,520,239 $112,830
2020 $3,890,414 $3,654,112 $2,054,856 $236,302
2019 $2,549,979 $2,361,057 $2,575,805 $188,922
2018 $1,741,688 $1,648,062 $2,326,196 $93,626
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