Bronx, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW COVENANT COMMUNITY DEVELOPMENT CORP, founded in 2000, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.
We exist to combat poverty and deprivation by encouraging and expanding opportunities for economic and community development and by promoting housing development and ownership opportunities for community-based organizations, including the corporation, and for persons of low and moderate income, and otherwise to combat community deterioration and reduce neighborhood tensions through various means.
Our operations are still mainly food pantry services. We operate twice weekly with a steady increase in our clients due to our food partners.
We participated in the United Way Connect to Care Program that provided health screening and lunch and learn events to the community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,986,823 | $1,812,338 | +0.1% |
| Expenses | $1,992,864 | $1,842,814 | +0.1% |
| Net Income | $-6,041 | $-30,476 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Rachel Macarthy | Board Secretary | 2 |
Director
|
$0 | $55,436 | $110,872 |
| Levi Cleare Jr | Vice Chairman | 5 |
Director
|
$0 | $51,676 | $103,352 |
| Joseph Alexander | Board Chairman | 1 |
Director
|
$0 | $50,000 | $100,000 |
| Juan Santana | Food Pantry Director | 40 |
Key Emp
|
$0 | $35,000 | $70,000 |
| Joyce Adou | Health Advocate | 15 |
Key Emp
|
$0 | $16,039 | $32,078 |
| Jeremy Espinal | Health Advocate | 15 |
Key Emp
|
$0 | $16,039 | $32,078 |
| Jim Kusi | Member | 1 |
Director
|
$0 | $0 | $0 |
| Claudette Goode | Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,986,823 | $1,992,864 | $66,035 | $-6,041 |
| 2024 | $1,812,338 | $1,842,814 | $72,076 | $-30,476 |
| 2023 | $1,666,622 | $1,650,610 | $102,552 | $16,012 |
| 2022 | $1,090,824 | $1,090,654 | $98,690 | $170 |
| 2021 | $1,142,059 | $1,161,382 | $97,063 | $-19,323 |
Compare NEW COVENANT COMMUNITY DEVELOPMENT CORP with other nonprofits in New York and across the country.