CHELSEA FUND FOR EDUCATION INC

EIN: 133547520 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$125,136
Total Expenses
$364,151
Total Assets
$1,833,844
Net Assets
$1,833,844
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NY
Principal Officer
FLAVIO CASOY
Phone
6465567412
Tax Period
2024-01-01 to 2024-12-31

CHELSEA FUND FOR EDUCATION INC, founded in 1989, is a small nonprofit in the Arts, Culture & Humanities sector that reported $125K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $364K exceeded revenue, resulting in a 191% operating deficit.

Mission

THE CHELSEA FUND/PEOPLE BEFORE PROFITS EDUCATION FUND EXISTS TO ENCOURAGE AND SUPPORT EDUCATIONAL AND CULTURAL ACTIVITIES THAT PROMOTE PEACE, DEMOCRACY AND WORKERS' RIGHTS. WE AIM TO PARTNER WITH EXISTING COMMUNITY ORGANIZATIONS AND COALITIONS TO DEVELOP ORIGINAL PROGRAMMING THAT FOSTERS A DEEPER UNDERSTANDING OF SOCIETY TODAY, LEADERSHIP SKILLS, NEW INTERPERSONAL RELATIONSHIPS, AND STRONGER, MORE FOCUSED ORGANIZATIONS.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,441
Program Service Revenue $0
Investment Income $113,695
Other Revenue $0
TOTAL REVENUE $125,136

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $5,448
Program Expenses $347,226
Other Expenses $264,151
TOTAL EXPENSES $364,151

Year-over-Year Comparison

2024 2023 Change
Revenue $125,136 $164,206 -0.2%
Expenses $364,151 $144,081 +1.5%
Net Income $-239,015 $20,125 -12.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
70

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FLAVIO CASOY PRESIDENT/TR N/A
Officer Director
$0 $0 $0
ROBERTA WOOD VICE PRES/SE N/A
Officer Director
$0 $0 $0
NORMAN MARKOWITZ DIRECTOR N/A
Director
$0 $0 $0
LIBERO DELLA PIANA DIRECTOR N/A
Director
$0 $0 $0
SARA LADINO CANO DIRECTOR N/A
Director
$0 $0 $0
KERI RAUTENKRANZ DIRECTOR N/A
Director
$0 $0 $0
ARTURO CAMBRON DIRECTOR N/A
Director
$0 $0 $0
RAI CARSON DIRECTOR N/A
Director
$0 $0 $0
ANITA WATERS DIRECTOR N/A
Director
$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 $125,136 $364,151 $1,833,844 $-239,015
2023 $164,206 $144,081 $2,074,560 $20,125
2022 $619,633 $71,070 $2,054,435 $548,563
2021 $126,193 $61,850 $1,505,872 $64,343
2020 $128,845 $89,695 $1,441,664 $39,150
2019 $137,616 $108,399 $1,402,514 $29,217
2018 $190,698 $101,514 $1,373,379 $89,184
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHELSEA FUND FOR EDUCATION INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.