HAUPPAUGE, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LONG ISLAND SMALL BUSINESS ASSISTANCE CORP, founded in 1998, is a micro nonprofit in the Community Improvement sector that reported $27K in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $173K exceeded revenue, resulting in a 534% operating deficit.
LISBAC IS CERTIFIED BY THE UNITED STATES TREASURY AS A COMMUNITY DEVELOPMENT INSTITUTION (CDFI), AND A COMMUNITY DEVELOPMENT ENTITY (CDE). LISBAC IDENTIFIES AND SERVES THE UNBANKED, UNDERBANKED, SOCIALLY ECONOMICALLY DISADVANTAGED INDIVIDUAL (SEDI) BUSINESS ENTITIES OF THE LONG ISLAND REGION. LISBAC DELIVERS INNOVATIVE FINANCIAL LITERACY, PRIVATE/PUBLIC SECTOR PROCUREMENT SUPPORT, BUSINESS REGISTRATIONS/CERTIFICATIONS, AND SMALL BUSINESS DEVELOPMENT TECHNICAL ASSISTANCE SERVICES TO THE LONG ISLAND BUSINESS MARKET.
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 | $27,206 | $14,409 | +0.9% |
| Expenses | $172,612 | $135,106 | +0.3% |
| Net Income | $-145,406 | $-120,697 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| GINA HILL SLATER PARKER | CEO/PRESIDENT | 10.00 |
Officer
Director
|
$69,000 | $0 | $69,000 |
| MICHELLE DIBENEDETTO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PHYLLIS HILL SLATER | FOUNDING CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANA WEIR | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ISABEL MEDINA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIT CAFARO | SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL REED | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNIE TOM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $27,206 | $172,612 | $651,184 | $-145,406 |
| 2022 | $14,409 | $135,106 | $293,540 | $-120,697 |
| 2021 | $236,049 | $50,923 | $420,060 | $185,126 |
Compare LONG ISLAND SMALL BUSINESS ASSISTANCE CORP with other nonprofits in New York and across the country.