NEW YORK WEB CENTER INC

EIN: 205620848 501(c)(3) Youth Development

BROOKLYN, NY

Total Revenue
N/A
Total Expenses
$15,767
Total Assets
$41,607
Net Assets
$23,101
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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
2006
Legal Domicile
NY
Principal Officer
MAURICE REID
Phone
6467684102
Tax Period
2024-01-01 to 2024-12-31

Mission

TO PREPARE RESIDENTS OF UNDERPRIVILIGED COMMUNITIES WITH CREATIVE, ARTISTIC, JOB READINESS AND OTHER SKILLS NEEDEED FOR SUCCESS IN INTERNET AND COMPUTER BASED COMMUNICATION ENVIROMENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,294
Other Expenses $15,767
TOTAL EXPENSES $15,767

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $60,003 -1.0%
Expenses $15,767 $87,097 -0.8%
Net Income N/A $-27,094 N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAURICE REID CHAIRMAN 1.00
Officer Director
$0 $0 $0
HASONI PRATTS DIRECTOR 0.50
Officer Director
$0 $0 $0
LESLIE MORIOKA DIRECTOR 0.50
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 $15,767 $41,607 No data
2023 $60,003 $87,097 $57,373 $-27,094
2022 $34,496 $59,198 $75,415 $-24,702
2021 $42,015 $44,750 $96,532 $-2,735
2020 $33,930 $43,081 $102,118 $-9,151
2019 $46,370 $63,831 $111,271 $-17,461
2018 $96,517 $116,384 $125,389 $-19,867
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