THE EDWARD J MALLOY INITIATIVE FOR CONSTRUCTION SKILLS INC

EIN: 134147836 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,346,907
Total Expenses
$1,250,146
Total Assets
$2,357,333
Net Assets
$2,021,398
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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
1999
Legal Domicile
NY
Principal Officer
GARY LABARBERA
Phone
2126470700
Tax Period
2023-01-01 to 2023-12-31

THE EDWARD J MALLOY INITIATIVE FOR CONSTRUCTION SKILLS INC, founded in 1999, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 7% surplus.

Mission

PRE-APPRETICESHIP PROGRAMS.

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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 $1,341,910
Program Service Revenue $0
Investment Income $4,997
Other Revenue $0
TOTAL REVENUE $1,346,907

Expense Breakdown

Grants Paid $0
Salaries & Benefits $542,228
Fundraising Expenses $11,513
Program Expenses $987,322
Other Expenses $707,918
TOTAL EXPENSES $1,250,146

Year-over-Year Comparison

2023 2022 Change
Revenue $1,346,907 $1,285,466 +0.0%
Expenses $1,250,146 $1,300,945 0.0%
Net Income $96,761 $-15,479 -7.3%
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
12
Independent Members
12
Employees
3
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
4
$225,673
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY LABARBERA PRESIDENT AND CEO 2.00
Officer Director
$0 $0 $0
EDWIN LOPEZ SECRETARY 2.00
Officer Director
$0 $0 $0
JEFF GRABELSKY DIRECTOR 2.00
Director
$0 $0 $0
DARLY CORNIEL DIRECTOR 2.00
Director
$0 $0 $0
PAUL FERNANDES CHAIRMAN & TREASURER 2.00
Officer Director
$0 $0 $0
RAYMOND MCGUIRE DIRECTOR 2.00
Director
$0 $0 $0
DAVON LOMAX DIRECTOR 2.00
Director
$0 $0 $0
WENDY WEBB DIRECTOR 2.00
Director
$0 $0 $0
MARITZA SILVA-FARRELL DIRECTOR 2.00
Director
$0 $0 $0
ELIZABETH CROWLEY DIRECTOR 2.00
Director
$0 $0 $0
PETER MYERS DIRECTOR 2.00
Director
$0 $0 $0
DANIEL MULLIGAN DIRECTOR 2.00
Director
$0 $0 $0
NICOLE BERTRAN VICE PRESIDENT 40.00
Officer
$164,297 $61,376 $225,673
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 No data No data No data No data
2023 $1,346,907 $1,250,146 $2,357,333 $96,761
2022 $1,285,466 $1,300,945 $2,149,206 $-15,479
2021 $1,274,251 $1,099,674 $2,412,794 $174,577
2020 $1,262,465 $1,110,864 $2,014,655 $151,601
2019 $1,487,333 $1,157,518 $1,931,782 $329,815
2018 $1,102,138 $1,058,479 $1,321,629 $43,659
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