NEW YORK PROFESSIONAL ADVISORS FOR COMMUNITY ENTREPRENEURS INC

EIN: 201538491 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$1,131,050
Total Expenses
$816,059
Total Assets
$1,346,200
Net Assets
$1,283,113
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
IBRAHIMA S SOUARE
Phone
2124652515
Tax Period
2023-01-01 to 2023-12-31

NEW YORK PROFESSIONAL ADVISORS FOR COMMUNITY ENTREPRENEURS INC, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $315K, a strong 28% operating margin.

Mission

NYPACE STIMULATES JOB CREATION AND ECONOMIC OPPORTUNITY IN UNDERSERVED COMMUNITIES BY MOBILIZING PRO BONO PROFESSIONALS TO SUPPORT LOCAL ENTREPRENEURS.

Program Service Accomplishments

Program 1
Expenses: $304,534 Revenue: $4,820

GENERAL PROGRAM - OUR WORKSHOPS WERE IN HIGH DEMAND IN 2023, DOUBLING OUR ATTENDANCE GOAL WITH 102 ENTREPRENEURS AND MINORITY BUSINESS OWNER CERTIFICATION.

Program 2
Expenses: $167,718 Revenue: $0

CORPORATE PROGRAM - WE LAUNCHED OUR NEW DAY OF SERVICE PROGRAM WITH THE INAUGURAL FIRMS PAYPAL, MICROSOFT AND ERNST & YOUNG. OUR PAYPAL SPRINT GAINED THE HIGHEST ENTREPRENEUR RATING YET WITH 100%...

Read more

CORPORATE PROGRAM - WE LAUNCHED OUR NEW DAY OF SERVICE PROGRAM WITH THE INAUGURAL FIRMS PAYPAL, MICROSOFT AND ERNST & YOUNG. OUR PAYPAL SPRINT GAINED THE HIGHEST ENTREPRENEUR RATING YET WITH 100% SAYING THEIR ADVISORS' RECOMMENDATIONS WERE EXCEPTIONAL.

Program 3
Expenses: $175,880 Revenue: $0

FLAGSHIP PROGRAM - FLAGSHIP PROGRAM (8-WEEK SMALL BUSINESS SUPPORT) - EMBARK ON YOUR EXCITING JOURNEY THROUGH OUR FLAGSHIP ENTREPRENEUR ADVISING PROGRAM, A RESULTS-DRIVEN MODEL UNLIKE ANY OTHER...

Read more

FLAGSHIP PROGRAM - FLAGSHIP PROGRAM (8-WEEK SMALL BUSINESS SUPPORT) - EMBARK ON YOUR EXCITING JOURNEY THROUGH OUR FLAGSHIP ENTREPRENEUR ADVISING PROGRAM, A RESULTS-DRIVEN MODEL UNLIKE ANY OTHER OFFERED BY AN ENTREPRENEUR ORGANIZATION IN NYC. IN THIS EXCITING, EMPOWERING, AND EDUCATIONAL COHORT, YOU'LL RECEIVE ENTREPRENEUR RESOURCES, BUSINESS MENTORSHIP, AND ACCOUNTABILITY OVER EIGHT WEEKS. OUR PRO BONO ADVISORS, RECRUITED FROM TOP NYC FIRMS, WILL SHEPHERD YOU THROUGH CREATING HYPER-TARGETED, HIGH-IMPACT SOLUTIONS TO REAL-LIFE ISSUES IN YOUR BUSINESS. GET THE BENEFITS OF THEIR ELITE SKILL SET, GAIN ENCOURAGEMENT FROM A PEER COHORT, AND JOIN A POSITIVELY FOCUSED PROFESSIONAL COMMUNITY. DURING THE PROGRAM, YOUR BUSINESS ADVISING TEAM WILL MEET WITH YOU FREQUENTLY VIA CALLS, EMAILS, ZOOM, AND IN PERSON. TOGETHER, YOU WILL CREATE AND TACKLE A STRUCTURED, TIME-DRIVEN PLAN FOR YOUR PROJECT SCOPE, WHICH WILL SOLVE ONE OF YOUR HIGH-PRIORITY CHALLENGES. YOU'LL ALSO HAVE THE OPPORTUNITY DURING THE PROGRAM TO BRAINSTORM YOUR CHALLENGE WITH THE OTHER COMMUNITY ENTREPRENEURS IN YOUR COHORT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,202,292
Program Service Revenue $4,820
Investment Income $1,923
Other Revenue $-77,985
TOTAL REVENUE $1,131,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $653,351
Fundraising Expenses $71,540
Program Expenses $648,132
Other Expenses $162,708
TOTAL EXPENSES $816,059

Year-over-Year Comparison

2023 2022 Change
Revenue $1,131,050 $1,047,867 +0.1%
Expenses $816,059 $904,054 -0.1%
Net Income $314,991 $143,813 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
7
Volunteers
250

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
3
$148,700
Total Directors
14
$0
Key Employees
1
$104,808
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IBRAHIMA SOUARE EXECUTIVE DIRECTOR 40
Officer
$148,700 $0 $148,700
STEPHANIE GEORGE EMPLOYEE 40
Key Emp
$104,808 $0 $104,808
DANIEL ZAMLONG BOARD CHAIRPERSON 8
Officer Director
$0 $0 $0
PHILIPPE LEROY BOARD MEMBER 2
Director
$0 $0 $0
AARON FEINBERG BOARD MEMBER 2
Director
$0 $0 $0
ADAM GOODMAN BOARD MEMBER 2
Director
$0 $0 $0
JOHNATAN KETZNER SECRETARY 2
Officer Director
$0 $0 $0
SABRINA KORBER BOARD MEMBER 2
Director
$0 $0 $0
KEITH MOTELSON BOARD MEMBER 2
Director
$0 $0 $0
ANNETTE RODRIGUEZ BOARD MEMBER 2
Director
$0 $0 $0
ANDREW SIWO BOARD MEMBER 2
Director
$0 $0 $0
UDAI TAMBAR BOARD MEMBER 2
Director
$0 $0 $0
KEVIN WALTERS BOARD MEMBER 2
Director
$0 $0 $0
RANDY MOONAN BOARD MEMBER 2
Director
$0 $0 $0
CYNTHIA KLEINBAUM BOARD MEMBER 2
Director
$0 $0 $0
ERIC WEDEL BOARD MEMBER 2
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
2024 No data No data No data No data
2023 $1,131,050 $816,059 $1,346,200 $314,991
2022 $1,047,867 $904,054 $1,002,953 $143,813
2021 $875,681 $683,280 $865,700 $192,401
2020 $614,373 $409,663 $599,962 $204,710
2019 $407,535 $335,347 $395,252 $72,188
2018 $301,156 $237,503 $323,064 $63,653
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NEW YORK PROFESSIONAL ADVISORS FOR COMMUNITY ENTREPRENEURS INC with other nonprofits in New York and across the country.