NEW YORK CITY READY MIXED CONCRETE INDUSRTY ADVANCEMENT FUND (EIN 132894682) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

ANTHONY N GRECO SR

Phone

7188495200

Tax Period

2025-01-01 to 2025-12-31

NEW YORK CITY READY MIXED CONCRETE INDUSRTY ADVANCEMENT FUND, founded in 1977, is a small nonprofit that reported $114K in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. Net assets of $1.6M represent 169 months of operating reserves.

Mission

TO PROMOTE LABOR HARMONY AND STABILITY IN THE READY MIX CONCRETE INDUSTRY IN NYC BY ACTING ON BEHALF OF ITS MEMBERS WITH RESPECT TO THEIR COMMON ISSUES AND TO PROVIDE COMMON LEGAL DEFENSE FOR THE READY MIXED CONCRETE INDUSTRY

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $81,802

Investment Income $32,012

Other Revenue $0

TOTAL REVENUE $113,814

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $119,377

TOTAL EXPENSES $119,377

Year-over-Year Comparison

	2025	2024	Change
Revenue	$113,814	$137,413	-0.2%
Expenses	$119,377	$102,438	+0.2%
Net Income	$-5,563	$34,975	-1.2%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL EMANUELE	TRUSTEE	1.00	Officer	$0	$0	$0
MATTHEW EMMERT	TRUSTEE	1.00	Officer	$0	$0	$0
JOSEPH GARAFOLA	TRUSTEE	1.00	Officer	$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	$113,814	$119,377	$1,600,195	$-5,563
2024	$137,413	$102,438	$1,535,107	$34,975
2023	$141,619	$153,662	$1,437,136	$-12,043
2022	$89,071	$127,762	$1,383,811	$-38,691
2021	$69,649	$91,800	$1,514,007	$-22,151
2020	$95,498	$135,098	$1,141,957	$-39,600
2020	$87,356	$166,450	$1,420,615	$-79,094
2019	No data	No data	$1,379,030	No data
2019	$-83,809	$113,664	$1,181,557	$-197,473
2019	$110,213	$138,073	$1,420,047	$-27,860
2018	$92,220	$205,202	$1,379,030	$-112,982
2017	$108,572	$165,243	$1,492,011	$-56,671
2016	$338,671	$216,547	$1,735,762	$122,124

NEW YORK CITY READY MIXED CONCRETE INDUSRTY ADVANCEMENT FUND