BAYBERRY ASSOCIATION OF NEW ROCHELLE INC

EIN: 133060084

LARCHMONT, NY

Total Revenue
$516,587
Total Expenses
$680,594
Total Assets
$303,091
Net Assets
$27,462
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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
1953
Legal Domicile
NY
Principal Officer
JESSICA GENNUSA
Phone
9146301552
Tax Period
2023-10-01 to 2024-09-30

BAYBERRY ASSOCIATION OF NEW ROCHELLE INC, founded in 1953, is a small nonprofit that reported $517K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $681K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO ORGANIZE THE EFFORTS OF THE HOMEOWNERS OF THE BAYBERRY DEVELOPMENT OF NEW ROCHELLE, NEW YORK, IN FURTHERANCE OF THE MAINTENANCE OF THE COMMUNITY AND THEIR COMMON PROPERTIES; TO OPERATE THE BAYBERRY POOL AND OTHER COMMUNITY PROPERTIES; TO ENGAGE IN SUCH OTHER ENTERPRISES AS MAY BE IN THE BEST INTERESTS OF THE COMMUNITY, INCLUDING BUT NOT LIMITED TO THE OPERATION OF SUPERVISED PLAY GROUPS FOR CHILDREN AND TO PROMOTE A CONGENIAL ASSOCIATION AMONG THE BAYBERRY HOMEOWNERS. TO COOPERATE WITH OTHER LOCAL ASSOCIATIONS FOR MUTUAL BENEFIT AND CIVIC ADVANCEMENT OF THE CITY OF NEW ROCHELLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $503,901
Investment Income $12,686
Other Revenue $0
TOTAL REVENUE $516,587

Expense Breakdown

Grants Paid $0
Salaries & Benefits $172,950
Fundraising Expenses $0
Other Expenses $507,644
TOTAL EXPENSES $680,594

Year-over-Year Comparison

2023 2022 Change
Revenue $516,587 $845,551 -0.4%
Expenses $680,594 $914,476 -0.3%
Net Income $-164,007 $-68,925 +1.4%
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
20
Independent Members
20
Employees
41
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA GENNUSA PRESIDENT N/A
Officer
$0 $0 $0
ZACH SEIDEN VICE PRESIDE N/A
Officer
$0 $0 $0
DANIEL KOVENAT TREASURER N/A
Officer
$0 $0 $0
DEIRDRE RANDLES RECORDING SE N/A
Officer
$0 $0 $0
TONY DIPIETRO CORRESPONDIN N/A
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
2024 $516,587 $680,594 $303,091 $-164,007
2023 $845,551 $914,476 $804,010 $-68,925
2022 $484,376 $455,887 $264,805 $28,489
2021 $380,211 $348,257 $252,058 $31,954
2020 $113,877 $135,697 $199,510 $-21,820
2019 $423,603 $438,681 $221,705 $-15,078
2018 $408,679 $382,117 $236,202 $26,562
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