ASPHALT GREEN INC

EIN: 136533158 501(c)(3) Recreation & Sports

NEW YORK, NY

Total Revenue
$34,637,833
Total Expenses
$35,913,521
Total Assets
$44,561,940
Net Assets
$29,313,883
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Organization Details

Formation Year
1975
Legal Domicile
NY
Principal Officer
DEAN SOMER
Phone
6469812237
Tax Period
2023-07-01 to 2024-06-30

ASPHALT GREEN INC, founded in 1975, is a mid-sized nonprofit in the Recreation & Sports sector that reported $34.6M in total revenue in fiscal year 2023.

Mission

ASPHALT GREEN, INC. ("ASPHALT GREEN") IS A NEW YORK CITY NOT-FOR-PROFIT ORGANIZATION DEDICATED TO TRANSFORMING LIVES AND BUILDING COMMUNITY THROUGH SPORTS, FITNESS, AND PLAY FOR ALL. ASPHALT GREEN HAS TWO CAMPUSES IN NEW YORK CITY (THE "CITY"): ONE ON THE UPPER EAST SIDE ("AG") AND THE OTHER IN BATTERY PARK CITY("AGBPC"). THE AG CAMPUS INCLUDES THE GEORGE AND ANNETTE MURPHY CENTER; THE AQUA CENTER (WHICH HOUSES THE CITY'S FIRST INDOOR, OLYMPIC-SIZED POOL OPEN TO THE COMMUNITY AT LARGE); A SUPERTURF PLAYING FIELD; DEKOVATS PARK; AND SUNDIAL PLAZA. PROGRAMS FOR YOUNG PEOPLE ARE DESIGNED TO CHALLENGE THE INTELLECTUAL, CREATIVE AND PHYSICAL ABILITIES OF THE PARTICIPANTS. THE CITY RETAINS OWNERSHIP OF THE AG CAMPUS, AND ASPHALT GREEN IS RESPONSIBLE FOR EQUIPPING, OPERATING AND MAINTAINING THE FACILITIES AND PROVIDING COMMUNITY PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $7,960,276 Revenue: $7,500,433

FACILITIES USAGE - INCLUDES USAGE OF POOL AND FITNESS CENTER. BENEFITED APPROXIMATELY 11,000 PEOPLE DURING THE YEAR.

Program 2
Expenses: $19,448,980 Revenue: $19,470,236

PROGRAMS - INCLUDES AQUATICS, EXERCISE PROGRAMS, SPORTS, MARTIAL ARTS, AND CAMPS. BENEFITED APPROXIMATELY 8,000 PEOPLE DURING THE YEAR.

Program 3
Expenses: $2,967,418

FREE COMMUNITY PROGRAMS & USAGE - INCLUDES USAGE OF POOL, FIELD, GYM, THEATER, SPORTS, AQUATICS AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 21,000 PEOPLE DURING THE YEAR.

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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 $5,342,987
Program Service Revenue $28,219,958
Investment Income $1,074,888
Other Revenue $0
TOTAL REVENUE $34,637,833

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,195,028
Fundraising Expenses $1,139,121
Program Expenses $30,376,674
Other Expenses $13,718,493
TOTAL EXPENSES $35,913,521

Year-over-Year Comparison

2023 2022 Change
Revenue $34,637,833 $33,578,688 +0.0%
Expenses $35,913,521 $30,089,554 +0.2%
Net Income $-1,275,688 $3,489,134 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
25
Independent Members
24
Employees
161
Volunteers
87

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
9
$1,153,184
Total Directors
24
$0
Key Employees
1
$232,201
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW J NUSSBAUM DIRECTOR 2.00
Director
$0 $0 $0
KIRSTEN FELDMAN DIRECTOR 2.00
Director
$0 $0 $0
CAROLINE HRIBAR CHAIR 2.00
Officer Director
$0 $0 $0
PATRICIA SAUNDERS DIRECTOR 2.00
Director
$0 $0 $0
THOMAS NEWMAN DIRECTOR 2.00
Director
$0 $0 $0
CHRISTA D'ALIMONTE VICE CHAIR 2.00
Officer Director
$0 $0 $0
JUSTIN DERFNER DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM EAKINS DIRECTOR 2.00
Director
$0 $0 $0
ANDREA WENNER HOLLANDER DIRECTOR 2.00
Director
$0 $0 $0
ALOYSEE HEREDIA JARMOSZUK DIRECTOR 2.00
Director
$0 $0 $0
SAMUEL J JEMAL DIRECTOR 2.00
Director
$0 $0 $0
ROWDY GAINES DIRECTOR 2.00
Director
$0 $0 $0
ROBERT MILAM SECRETARY 2.00
Officer Director
$0 $0 $0
KIMBERLY BURD DIRECTOR 2.00
Director
$0 $0 $0
DAVID LEVIN DIRECTOR 2.00
Director
$0 $0 $0
DAVID MITNICK DIRECTOR 2.00
Director
$0 $0 $0
LIA NEAL DIRECTOR 2.00
Director
$0 $0 $0
DAMON PAZZAGLINI DIRECTOR 2.00
Director
$0 $0 $0
JOHN PORGES DIRECTOR 2.00
Director
$0 $0 $0
TRAVIS RUNDLET DIRECTOR 2.00
Director
$0 $0 $0
PAUL SHERRINGTON TREASURER 2.00
Officer Director
$0 $0 $0
LOCKY TRACHSEL DIRECTOR 2.00
Director
$0 $0 $0
ALBERT ZESIGER DIRECTOR 2.00
Director
$0 $0 $0
BARRIE ZESIGER DIRECTOR 2.00
Director
$0 $0 $0
DEAN L SOMER CHIEF FINANCIAL OFFICER 40.00
Officer
$184,124 $19,641 $203,765
PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFICER 40.00
Officer
$217,249 $31,954 $249,203
DAVID BYRNES CHIEF MARKETING OFFICER 40.00
Officer
$108,943 $0 $108,943
JORDAN BRACKETT CHIEF EXECUTIVE OFFICER 40.00
Officer
$330,153 $19,207 $349,360
RENEE DAVIS CHIEF DEVELOPMENT OFFICER 40.00
Officer
$236,360 $5,553 $241,913
DAVID RODRIGUEZ SR. DIRECTOR OF AQUATICS 40.00
Key Emp
$211,925 $20,276 $232,201
KATIE DUFFY DIRECTOR OF CAMPS 40.00
Highest
$106,919 $11,141 $118,060
KAREN BORSARI SR. DIRECTOR EXTERNAL ENGAGEMENT 40.00
Highest
$124,168 $5,901 $130,069
EAMON HANAFIN SENIOR DIRECTOR OF ADMINISTRATION 40.00
Highest
$138,481 $6,063 $144,544
LAUREN HUNT DIRECTOR OF OPERATIONS 40.00
Highest
$119,082 $11,246 $130,328
NICOLE LEE DIRECTOR OF MEMBERSHIP AND FITNESS 40.00
Highest
$127,291 $22,571 $149,862
MARCUS FARNY CHIEF OPERATING OFFICER 40.00
$138,814 $14,978 $153,792
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 $34,637,833 $35,913,521 $44,561,940 $-1,275,688
2023 $33,578,688 $30,089,554 $43,695,781 $3,489,134
2022 $26,811,644 $26,837,774 $36,441,252 $-26,130
2021 $15,850,846 $20,459,010 $39,826,452 $-4,608,164
2020 $26,386,270 $28,919,490 $36,884,689 $-2,533,220
2019 $30,764,041 $30,524,440 $38,869,940 $239,601
2018 $28,775,743 $28,914,896 $35,500,796 $-139,153
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