Explore New York Corp (EIN 161635446) - 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

2002

Legal Domicile

Phone

2122683988

Tax Period

2025-01-01 to 2025-12-31

Explore New York Corp, founded in 2002, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.3M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

The purpose of this not-for-profit organization is to provide walking tours and other explorations for geriatric individuals in the New York City metropolitan area.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,295,391

Investment Income $15,652

Other Revenue $15,120

TOTAL REVENUE $3,326,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $663,309

Fundraising Expenses $0

Program Expenses $2,796,740

Other Expenses $2,652,107

TOTAL EXPENSES $3,315,416

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,326,163	$3,049,145	+0.1%
Expenses	$3,315,416	$2,957,090	+0.1%
Net Income	$10,747	$92,055	-0.9%

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

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

$131,409

Total Directors

$131,409

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karl Baudendistel	Director	40.00	Officer Director	$131,409	$0	$131,409
AM Goodrich	President	48.00	Director	$0	$0	$0
Brian McAvoy CPA	Treasurer	3.00	Director	$0	$0	$0
Ray Riordan	Vice President	20.00	Director	$0	$0	$0

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	$3,326,163	$3,315,416	$1,015,377	$10,747
2024	No data	No data	No data	No data
2023	$2,470,793	$2,593,769	$907,977	$-122,976
2022	$2,228,579	$1,673,567	$1,030,953	$555,012
2021	$841,553	$734,823	$546,018	$106,730
2020	$193,544	$799,071	$439,288	$-605,527
2019	$2,647,581	$2,326,070	$974,738	$321,511
2018	$2,445,299	$2,171,965	$653,227	$273,334

Explore New York Corp