NEW HEIGHTS YOUTH INC

EIN: 201903332 501(c)(3) Youth Development

BROOKLYN, NY

Total Revenue
$4,013,806
Total Expenses
$4,065,689
Total Assets
$3,590,496
Net Assets
$2,956,162
🔒

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
2004
Legal Domicile
NY
Principal Officer
EDWARD SMITH JR
Phone
2124264667
Tax Period
2023-09-01 to 2024-08-31

NEW HEIGHTS YOUTH INC, founded in 2004, is a community nonprofit in the Youth Development sector that reported $4.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO EDUCATE AND EMPOWER PROMISING UNDERSERVED YOUTH TO BE LEADERS, CHAMPIONS AND STUDENT-ATHLETES BY DEVELOPING THE SKILLS NECESSARY FOR SUCCESS IN HIGH SCHOOL, COLLEGE AND LIFE.

🔒

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 $4,029,335
Program Service Revenue $45,242
Investment Income $62,458
Other Revenue $-123,229
TOTAL REVENUE $4,013,806

Expense Breakdown

Grants Paid $47,612
Salaries & Benefits $2,148,633
Fundraising Expenses $533,585
Program Expenses $2,914,076
Other Expenses $1,869,444
TOTAL EXPENSES $4,065,689

Year-over-Year Comparison

2023 2022 Change
Revenue $4,013,806 $3,590,839 +0.1%
Expenses $4,065,689 $3,871,807 +0.1%
Net Income $-51,883 $-280,968 -0.8%
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
22
Independent Members
22
Employees
80
Volunteers
30

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
6
$325,266
Total Directors
22
$0
Key Employees
1
$207,077
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK PATRICOF CHAIR 0.25
Officer Director
$0 $0 $0
DUANE FIEDLER VICE CHAIR 0.25
Officer Director
$0 $0 $0
JONATHAN MAROTTA SECRETARY 0.25
Officer Director
$0 $0 $0
TY WALLACH TREASURER 0.25
Officer Director
$0 $0 $0
WILL BLODGETT DIRECTOR 0.25
Director
$0 $0 $0
LAURENCE BROWN DIRECTOR 0.25
Director
$0 $0 $0
LINDA CHOONG DIRECTOR 0.25
Director
$0 $0 $0
TROY DIXON DIRECTOR 0.25
Director
$0 $0 $0
CHRIS DE LA ROSA DIRECTOR 0.25
Director
$0 $0 $0
JOHN GILMORE DIRECTOR 0.25
Director
$0 $0 $0
BYRON JONES DIRECTOR 0.25
Director
$0 $0 $0
RICHARD KLEIMAN DIRECTOR 0.25
Director
$0 $0 $0
NINA LESAVOY DIRECTOR 0.25
Director
$0 $0 $0
CAMERON LEWIS DIRECTOR 0.25
Director
$0 $0 $0
ANDREW NATHAN DIRECTOR 0.25
Director
$0 $0 $0
RICHARD ROBERTS DIRECTOR 0.25
Director
$0 $0 $0
ALAN SCHRAGER DIRECTOR 0.25
Director
$0 $0 $0
NICHOLAS SILVERS DIRECTOR 0.25
Director
$0 $0 $0
LANCE THOMAS DIRECTOR 0.25
Director
$0 $0 $0
DAVID THOMPSON DIRECTOR 0.25
Director
$0 $0 $0
JAMES YOLLES DIRECTOR 0.25
Director
$0 $0 $0
VICKI ZUBOVIC DIRECTOR 0.25
Director
$0 $0 $0
EDWARD SMITH JR EXECUTIVE DIRECTOR 40.00
Officer
$186,883 $21,944 $208,827
DANIEL HALEWICZ DIRECTOR OF FINANCE & ADMINISTRATION 40.00
Officer
$113,000 $3,439 $116,439
ADAM BERKOWITZ CHIEF OPERATING OFFICER 40.00
Key Emp
$177,022 $30,055 $207,077
ASHLEY FAISON CHIEF DEVELOPMENT OFFICER 40.00
Highest
$144,024 $22,320 $166,344
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 $4,013,806 $4,065,689 $3,590,496 $-51,883
2023 $3,640,839 $3,871,807 $3,482,114 $-230,968
2023 $3,590,839 $3,871,807 $3,432,114 $-280,968
2022 $4,209,768 $3,290,436 $3,436,787 $919,332
2021 $3,248,959 $2,113,272 $2,584,002 $1,135,687
2020 $2,575,708 $1,715,204 $1,269,625 $860,504
2019 $2,124,859 $2,023,243 $423,428 $101,616
2018 $1,899,540 $1,922,674 $399,224 $-23,134
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW HEIGHTS YOUTH INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.