CITY ACCESS NEW YORK INC (EIN 203786663) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

SOPHIA ROSSOVSKY

Phone

7182856548

Tax Period

2024-07-01 to 2025-06-30

CITY ACCESS NEW YORK INC, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.8M in total revenue in fiscal year 2024. Expenses of $4.7M left a modest 3% surplus.

Mission

CITY ACCESS NEW YORK (CANY) PROMOTES LIFELONG ACCESS TO EDUCATIONAL, VOCATIONAL & CULTURAL PROGRAMS. CANY IDENTIFIES BARRIERS TO PARTICIPATION, IN SCHOOLS AND IN THE COMMUNITY, AND ADOPTS THE CONTENT AND DELIVERY OF PROGRAMS TO THE DIVERSE NEEDS OF PEOPLE WITH DISABILITIES.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $257,273

Program Service Revenue $4,488,448

Investment Income $111,456

Other Revenue $-26,047

TOTAL REVENUE $4,831,130

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,227,677

Fundraising Expenses $2,554

Program Expenses $4,098,222

Other Expenses $1,449,452

TOTAL EXPENSES $4,677,129

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,831,130	$4,904,727	0.0%
Expenses	$4,677,129	$4,751,484	0.0%
Net Income	$154,001	$153,243	+0.0%

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

Governance

Voting Members

Independent Members

Employees

120

Volunteers

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

$252,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA MCGINNIS	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
MOHAMMAD MUSHARAF KHAN	CHAIRPERSON/TREASURER	1.00	Officer Director	$0	$0	$0
CYNTHIA VANDENBOSCH	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN-ROSS RIZZO	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
ROBERT J FORLONEY	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
ARTHUR PALEVSKY	TREASURER	1.00	Officer Director	$0	$0	$0
CARLENE BRAITHWAITE	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
SOPHIA ROSSOVSKY	EXECUTIVE DIRECTOR	35.00	Officer	$222,300	$30,500	$252,800

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	$4,831,130	$4,677,129	$4,290,723	$154,001
2024	$4,904,727	$4,751,484	$4,406,706	$153,243
2023	$4,833,370	$4,472,659	$4,421,960	$360,711
2022	$4,897,308	$4,156,132	$3,686,366	$741,176
2021	$4,067,529	$3,526,994	$3,092,922	$540,535
2020	$3,351,432	$3,200,980	$2,286,863	$150,452
2019	$3,100,071	$3,131,090	$1,652,680	$-31,019
2018	$2,899,144	$2,799,539	$1,753,600	$99,605

CITY ACCESS NEW YORK INC