NEW YORK CITY BUSINESS ASSISTANCE CORPORATION (EIN 133423857) - 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

1988

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

NEW YORK CITY BUSINESS ASSISTANCE CORPORATION, founded in 1988, is a micro nonprofit that reported $2K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $20K exceeded revenue, resulting in a 1036% operating deficit.

Mission

To reduce unemployment, promote and provide for additional and maximum employment in NYC, encourage the development and/or retention of businesses in NYC; instruct or train individuals to improve and develop their capabilities for jobs in business and encourage economic devt.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $0

Investment Income $800

Other Revenue $0

TOTAL REVENUE $1,800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $338

Fundraising Expenses $0

Program Expenses $13,766

Other Expenses $20,108

TOTAL EXPENSES $20,446

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,800	$1,512	+0.2%
Expenses	$20,446	$664,577	-1.0%
Net Income	$-18,646	$-663,065	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DYNISHAL GROSS	DIRECTOR	0.50	Director	$0	$0	$0
AN WEINBERG	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL FORTE	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN KIM	PRESIDENT	0.50	Director	$0	$0	$0
ANTHONY DELLOLIO	VICE PRESIDENT	0.50	Director	$0	$0	$0
ISMAIL A MOHAMED	TREASURER	0.50	Director	$0	$0	$0
LUIS SANTIAGO	CORPORATE SECRETARY	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	No data	No data	No data	No data
2024	$1,800	$20,446	$2,968,165	$-18,646
2023	$1,512	$664,577	$2,987,811	$-663,065
2022	$275,878	$342,907	$3,649,876	$-67,029
2021	$553,123	$640,565	$3,802,678	$-87,442
2020	$1,192,619	$556,613	$3,835,540	$636,006
2019	$1,374,828	$697,974	$3,191,678	$676,854

NEW YORK CITY BUSINESS ASSISTANCE CORPORATION