NEW YORK, NY
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)CITIZENS BUDGET COMMISSION INC, founded in 1932, is a community nonprofit in the Public & Societal Benefit sector that reported $3.6M in total revenue in fiscal year 2023. Expenses of $3.1M left a modest 13% surplus.
THE CITIZEN BUDGET COMMISSION, INC. ("CBC") IS A NONPARTISAN, NOT-FOR-PROFIT CIVIC ORGANIZATION DEVOTED TO INFLUENCING CONSTRUCTIVE CHANGE IN THE FINANCES AND SERVICES OF NEW YORK CITY (THE "CITY") AND NEW YORK STATE (THE "STATE") GOVERNMENTS. (CONTINUED SCHEDULE O)(CONTINUED FROM PAGE 2, PART III, LINE 1) CBC WAS FOUNDED IN 1932, A TIME OF GREAT FISCAL CRISIS, WHEN A GROUP OF CIVIC LEADERS FORMED A RESEARCH ORGANIZATION THAT WOULD ANALYZE THE CITY'S FINANCES, EVALUATE THE MANAGEMENT OF CITY GOVERNMENT, REPORT ON THESE MATTERSTO ITS MEMBERS, AND RECOMMEND IMPROVEMENTS TO MUNICIPAL OFFICIALS. IN 1985, CBC EXPANDED THIS ANALYSIS TO INCLUDE THE FISCAL AFFAIRS OF STATE GOVERNMENT. CBC'S PURSUIT OF ITS MISSION IS EMBODIED IN FOUR INTERRELATED ROLES: WATCHDOG, RESEARCH ORGANIZATION, MONITOR OF IMPLEMENTATION AND DISSEMINATOR OF INFORMATION. CBC IS FUNDED PRIMARILY BY CONTRIBUTIONS, SPECIAL EVENTS AND INVESTMENT INCOME.
NONPARTISAN RESEARCH ON THE FINANCES, OPERATIONS, AND POLICIES OF NEW YORK CITY AND NEW YORK STATE GOVERNMENTS, WITH THE GOAL OF PROMOTING SOUND FISCAL AND MANAGEMENT PRACTICES. CBC CONDUCTS RESEARCH...
NONPARTISAN RESEARCH ON THE FINANCES, OPERATIONS, AND POLICIES OF NEW YORK CITY AND NEW YORK STATE GOVERNMENTS, WITH THE GOAL OF PROMOTING SOUND FISCAL AND MANAGEMENT PRACTICES. CBC CONDUCTS RESEARCH ON A NUMBER OF TOPICS, INCLUDING FISCAL MANAGEMENT, RAINY DAY FUNDS, SERVICE EFFICIENCY, MTA CAPITAL PLANNING AND OPERATING EFFICIENCY, HOUSING PRODUCTION AND LAND USE DECISIONS, ECONOMIC DEVELOPMENT AND ENERGY POLICIES, HEALTH SPENDING, AS WELL AS ONGOING MONITORING OF THE CITY AND STATE BUDGETS.
DISSEMINATION OF INFORMATION TO THE PUBLIC, POLICY MAKERS AND THE POLICY COMMUNITY THROUGH THE PUBLICATION AND DISTRIBUTION OF CBC RESEARCH REPORTS, HOSTING PUBLIC FORUMS TO PROMOTE DISCUSSION AND...
DISSEMINATION OF INFORMATION TO THE PUBLIC, POLICY MAKERS AND THE POLICY COMMUNITY THROUGH THE PUBLICATION AND DISTRIBUTION OF CBC RESEARCH REPORTS, HOSTING PUBLIC FORUMS TO PROMOTE DISCUSSION AND EDUCATE NEW YORKERS ON PUBLIC POLICY ISSUES, TESTIMONY SUBMITTED TO LEGISLATIVE BODIES, LETTERS TO OFFICIALS, AND ANALYSIS AND COMMENTARY IN PROMINENT MEDIA OUTLETS. TOPICS INCLUDED: HOW TO STABILIZE THE NEW YORK CITY AND NEW YORK STATE BUDGETS; HOW TO DESIGN AN EFFECTIVE CAP-AND-TRADE SYSTEM; HOW TO IMPROVE PRIORITIZATION AND FINANCING OF THE NEXT METROPOLITAN TRANSPORTATION AUTHORITY CAPITAL PROGRAM; RISKS AND REMEDIES TO POPULATION LOSS FOR NYC; EDUCATION SPENDING; CITY AND STATE RESERVE POLICIES. . (CONTINUED ON SCHEDULE O)(CONTINUED FROM PAGE 2, PART III, LINE 4B) CBC HELD 15 EVENTS IN 2023. 13 OF THE EVENTS FEATURED SPEAKERS, INCLUDING: THE NYC AND NYS BUDGET DIRECTORS; THE METROPOLITAN TRANSPORTATION AUTHORITY CHAIR AND CEO AND THE MTA PRESIDENT OF CONSTRUCTION; THE NYS GOVERNOR; THE NYC FIRST DEPUTY MAYOR; THE NYC SANITATION COMMISSIONER; THE NYC ECONOMIC DEVELOPMENT CORPORATION CEO; THE SPEAKER OF THE NEW YORK CITY COUNCIL; NYS'S ECONOMIC DEVELOPMENT CEO; AND THE NYS DIRECTOR OF OPERATIONS. LASTLY, CBC HELD TWO CONFERENCES WITH PANELISTS: ONE ON THE NEW YORK STATE BUDGET PROCESS AND THE OTHER ON OUT-MIGRATION IN NYC.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,603,182 | $3,396,278 | +0.1% |
| Expenses | $3,127,974 | $2,509,631 | +0.2% |
| Net Income | $475,208 | $886,647 | -0.5% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KEVIN MEDINA | DIRECTOR OF OPERATIONS | 1.00 |
Director
|
$101,866 | $7,000 | $108,866 |
| MARISSA SHORENSTEIN | CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAKE ELGHANAYAN | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM FLOYD | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL ROSENTHAL | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| EDWARD WALLACE | GENERAL COUNSEL | 1.00 |
Director
|
$0 | $0 | $0 |
| KENT HITESHEW | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAIR TOWNSEND | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELAINE BRENNAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PAULA DAGEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT HOGLUND | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CASWELL HOLLOWAY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SHARI HYMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID A JAVDAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY MANNARINO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD ROBERTS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMIE RUBIN | TRUSTEE (THRU 9/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| MERRYL H TISCH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW S REIN | PRESIDENT | 40.00 |
Officer
|
$308,466 | $19,950 | $328,416 |
| ANA CHAMPENY | VICE PRESIDENT FOR RESEARCH | 40.00 |
Highest
|
$191,862 | $45,324 | $237,186 |
| PATRICK ORECKI | DIRECTOR OF STATE STUDIES | 40.00 |
Highest
|
$138,659 | $21,755 | $160,414 |
| SEAN T CAMPION | DIRECTOR OF HOUSING AND ECONOMIC STUDIES | 40.00 |
Highest
|
$124,364 | $8,982 | $133,346 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,603,182 | $3,127,974 | $14,357,467 | $475,208 |
| 2022 | $3,396,278 | $2,509,631 | $12,953,903 | $886,647 |
| 2021 | $2,761,347 | $2,316,525 | $11,693,384 | $444,822 |
| 2020 | $2,137,642 | $2,458,008 | $10,073,726 | $-320,366 |
| 2019 | $2,976,696 | $2,655,358 | $9,497,544 | $321,338 |
| 2018 | $3,147,314 | $3,011,350 | $8,157,645 | $135,964 |
Compare CITIZENS BUDGET COMMISSION INC with other nonprofits in New York and across the country.