HARLEM RBI INC (EIN 134025290) - 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

1991

Legal Domicile

Principal Officer

RICHARD BERLIN

Phone

2127221608

Tax Period

2023-07-01 to 2024-06-30

HARLEM RBI INC, founded in 1991, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $29.0M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $40.8M exceeded revenue, resulting in a 41% operating deficit.

Mission

HARLEM RBI,INC DBA DREAM'S MISSION IS TO PROVIDE YOUTH WITH OPPORTUNITIES TO PLAY, LEARN AND GROW. WE USE THE POWER OF TEAMS TO COACH, TEACH AND INSPIRE YOUTH TO RECOGNIZE THEIR POTENTIAL AND REALIZE THEIR DREAMS.

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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 $13,171,185

Program Service Revenue $15,742,544

Investment Income $120,142

Other Revenue $-25,186

TOTAL REVENUE $29,008,685

Expense Breakdown

Grants Paid $448,076

Salaries & Benefits $16,743,990

Fundraising Expenses $3,351,316

Program Expenses $32,424,542

Other Expenses $23,647,526

TOTAL EXPENSES $40,839,592

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,008,685	$35,938,094	-0.2%
Expenses	$40,839,592	$34,857,661	+0.2%
Net Income	$-11,830,907	$1,080,433	-12.0%

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

Employees

522

Volunteers

407

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

$1,700,458

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASSEF KARIM	TRUSTEE	2.00	Director	$0	$0	$0
AZARIA HANK	TRUSTEE	2.00	Director	$0	$0	$0
BLITZER DAVID S	TRUSTEE	2.00	Director	$0	$0	$0
BRASWELL PORTER	TRUSTEE	2.00	Director	$0	$0	$0
COHEN DAVID	TRUSTEE	2.00	Director	$0	$0	$0
DALVEN JENNIFER	TRUSTEE	2.00	Director	$0	$0	$0
DANEKER PETER	VICE CHAIR (OUTGOING)	2.00	Officer Director	$0	$0	$0
DELAND JASON	TRUSTEE	2.00	Director	$0	$0	$0
DR FALLON JOAN	TRUSTEE	2.00	Director	$0	$0	$0
FLANNERY DAVID	TRUSTEE	2.00	Director	$0	$0	$0
FRASER STUART A	TRUSTEE (OUTGOING)	2.00	Director	$0	$0	$0
GROSSMAN ERIC	TRUSTEE	2.00	Director	$0	$0	$0
IZQUIERDO YESENIA SCHEKER	TRUSTEE	2.00	Director	$0	$0	$0
JOERG MICHELLE	TRUSTEE	2.00	Director	$0	$0	$0
KATZMAN STEPHANIE	TRUSTEE	2.00	Director	$0	$0	$0
LE BLANC BOBBY	TRUSTEE	2.00	Director	$0	$0	$0
LEONARD CHRIS	TRUSTEE	2.00	Director	$0	$0	$0
MARTIN CURTIS	TRUSTEE	2.00	Director	$0	$0	$0
MILLARD ALDEN	TRUSTEE	2.00	Director	$0	$0	$0
NARCISSE COLBERT	TREASURER	2.00	Officer Director	$0	$0	$0
NORD MATT	TRUSTEE	2.00	Director	$0	$0	$0
RABIA VERED	TRUSTEE	2.00	Director	$0	$0	$0
REAGINS TONY	TRUSTEE	2.00	Director	$0	$0	$0
ROSH KENNETH	SECRETARY	2.00	Officer Director	$0	$0	$0
SAMBERG JEFF	TRUSTEE	2.00	Director	$0	$0	$0
SAWHNEY VIKRANT	CHAIRPERSON & PRESIDENT	2.00	Officer Director	$0	$0	$0
SHEEHAN ROBERT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SOBOTKA DAVID	TRUSTEE	2.00	Director	$0	$0	$0
STECHER JAMIE BW	TRUSTEE	2.00	Director	$0	$0	$0
TRUESDALE DON	TRUSTEE	2.00	Director	$0	$0	$0
WALKER GREGG	TRUSTEE	2.00	Director	$0	$0	$0
WEISS DIANA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BERLIN RICHARD	CO-CHIEF EXECUTIVE OFFICER	40.00	Officer	$542,820	$53,858	$596,678
COLAVITO EVE	CO-CHIEF EXECUTIVE OFFICER	40.00	Officer	$541,853	$54,681	$596,534
DICOSMO JAMES	MANAGING DIRECTOR OF FINANCE	40.00	Officer	$214,066	$48,146	$262,212
FERNANDEZ RAYMIE	CHIEF OPERATIONS OFFICER	40.00	Officer	$197,080	$47,954	$245,034
DOCTOR CATHERINE	CHIEF STRATEGY OFFICER	40.00	Highest	$221,218	$16,793	$238,011
GRIFFIN MARIA	CHIEF ADVANCEMENT OFFICER	40.00	Highest	$325,210	$17,760	$342,970
HOGGARD KALILA	CHIEF PEOPLE & EQUITY OFFICER	40.00	Highest	$226,341	$32,567	$258,908
LANE CRYSTAL	CHIEF EDUCATION OFFICER	40.00	Highest	$223,689	$30,487	$254,176
TAN ALICE	CHIEF OF STAFF	40.00	Highest	$245,343	$31,556	$276,899

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	$29,008,685	$40,839,592	$265,645,046	$-11,830,907
2023	$35,938,094	$34,857,661	$271,347,708	$1,080,433
2022	$25,584,708	$27,756,442	$91,783,471	$-2,171,734
2021	$28,685,324	$19,726,224	$94,717,940	$8,959,100
2020	$22,268,250	$20,059,364	$85,587,058	$2,208,886
2019	$19,523,087	$18,023,567	$81,610,699	$1,499,520
2018	$31,297,308	$17,592,839	$79,840,618	$13,704,469

HARLEM RBI INC