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
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Financial Vulnerability Assessment (Tuckman-Chang)

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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.

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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 $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
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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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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
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