UTICA, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE MARIE A RUSSO NEIGHBORHOOD CENTER INSTITUTE INC, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $178K in total revenue in fiscal year 2023. Revenue surged 110% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 21% operating margin.
THE PURPOSE OR PURPOSES FOR WHICH THE CORPORATION IS FORMED ARE AS FOLLOWS: TO SOLICIT, RECEIVE, HOLD, AND ADMINISTER GIFTS, MANAGE INVESTMENTS AND RESOURCES GENERATED BY THE INSTITUTE.TO DO SUCH OTHER LAWFUL ACTS AND UNDERTAKE SUCH OTHER ENTERPRISES FOR THE SOLE PURPOSES OF SUPPORT AND BENEFIT OF CHILDREN AND FAMILIES IN CENTRAL NEW YORK.TO PROVIDE THESE INDIVIDUALS WITH RESOURCES AND OPPORTUNITIES THAT RESPOND TO THE HUMAN NEEDS OF THE NEIGHBORHOOD AND THE EXTENDED COMMUNITY IN A MANNER THAT ENRICHES, STRENGTHENS AND UNDERSCORES THE VALUE AND WORTH OF INDIVIDUALS AND FAMILIES, ASSISTS IN DEVELOPING RESPONSIBLE CITIZENSHIP, PROVIDES A FOUNDATION FOR GROWTH AND FOSTERS UNDERSTANDING AMONG ALL PERSONS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $177,629 | $84,528 | +1.1% |
| Expenses | $140,648 | $110,271 | +0.3% |
| Net Income | $36,981 | $-25,743 | -2.4% |
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 |
|---|---|---|---|---|---|---|
| MARIE RUSSO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK DONATO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTINE PUTRELO | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS WYNNE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT HILTON | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY MIELNICKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TRICIA BUSHEE | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDRA SOROKA | EXECUTIVE DIRECTOR | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $177,629 | $140,648 | $2,229,812 | $36,981 |
| 2022 | $84,528 | $110,271 | $2,026,724 | $-25,743 |
| 2021 | $193,955 | $104,242 | $2,344,574 | $89,713 |
| 2020 | $279,703 | $20,270 | $2,067,108 | $259,433 |
| 2019 | $161,587 | $62,043 | $1,840,318 | $99,544 |
| 2018 | $176,699 | $68,541 | $1,537,036 | $108,158 |
Compare THE MARIE A RUSSO NEIGHBORHOOD CENTER INSTITUTE INC with other nonprofits in New York and across the country.