GRAND CENTRAL NEIGHBORHOOD SOCIAL SERVICES CORP

EIN: 133534255 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$3,307,865
Total Expenses
$3,430,458
Total Assets
$4,265,743
Net Assets
$346,945
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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
1989
Legal Domicile
NY
Principal Officer
BRADY CRAIN
Phone
2128830680
Tax Period
2023-07-01 to 2024-06-30

GRAND CENTRAL NEIGHBORHOOD SOCIAL SERVICES CORP, founded in 1989, is a community nonprofit in the Human Services sector that reported $3.3M in total revenue in fiscal year 2023.

Mission

TO PROVIDE SERVICES TO HOMELESS PERSONS IN MIDTOWN MANHATTAN, NEW YORK CITY.

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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 $3,293,059
Program Service Revenue $14,400
Investment Income $406
Other Revenue $0
TOTAL REVENUE $3,307,865

Expense Breakdown

Grants Paid $104,632
Salaries & Benefits $1,522,657
Fundraising Expenses $0
Program Expenses $3,356,714
Other Expenses $1,803,169
TOTAL EXPENSES $3,430,458

Year-over-Year Comparison

2023 2022 Change
Revenue $3,307,865 $3,364,355 0.0%
Expenses $3,430,458 $3,143,618 +0.1%
Net Income $-122,593 $220,737 -1.6%
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
10
Independent Members
10
Employees
63
Volunteers
160

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
6
$301,870
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFRED CERULLOIII PRESIDENT 0.50
Officer Director
$0 $0 $0
WILLIAM KORNBLUM CHAIRMAN 0.50
Officer Director
$0 $0 $0
CRYSTAL JORDAN VICE CHAIR 0.50
Officer Director
$0 $0 $0
ROSA YOLANDA PINEDA SECRETARY 0.50
Officer Director
$0 $0 $0
DIDI GOLDENHAR DIRECTOR 0.50
Director
$0 $0 $0
MARC GROSS DIRECTOR 0.50
Director
$0 $0 $0
JOHN RAGUSA DIRECTOR 0.50
Director
$0 $0 $0
RICHARD A WILPON DIRECTOR 0.50
Director
$0 $0 $0
ROBERT MACHLEDER DIRECTOR 0.50
Director
$0 $0 $0
ROCHELLE PATRICOF DIRECTOR 0.50
Director
$0 $0 $0
BRADY CRAIN EXECUTIVE DIRECTOR 45.00
Officer
$172,005 $12,561 $184,566
JACQUELINE CONNOR DEPUTY EXECUTIVE DIRECTOR 45.00
Officer
$116,172 $1,132 $117,304
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 $3,307,865 $3,430,458 $4,265,743 $-122,593
2023 $3,364,355 $3,143,618 $4,409,077 $220,737
2022 $3,288,066 $3,230,230 $600,015 $57,836
2021 $3,235,493 $3,186,682 $509,383 $48,811
2020 $3,339,138 $3,196,548 $687,716 $142,590
2019 $3,509,984 $3,309,671 $659,199 $200,313
2018 $3,177,723 $3,269,379 $344,981 $-91,656
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