ECONOMIC MOBILITY CORPORATION

EIN: 208720134 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$681,227
Total Expenses
$737,751
Total Assets
$3,360,384
Net Assets
$3,150,290
🔒

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
2007
Legal Domicile
NY
Principal Officer
MARK ELLIOTT
Phone
6462438852
Tax Period
2024-10-01 to 2025-09-30

ECONOMIC MOBILITY CORPORATION, founded in 2007, is a small nonprofit in the Human Services sector that reported $681K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Net assets of $3.2M represent 55 months of operating reserves.

Mission

RESEARCH, EVALUATION AND TECHNICAL ASSISTANCE TO POLICY MAKERS AND PROVIDERS OF SERVICES TO ASSIST WITH SKILLS TRAINING, CAREER DEVELOPMENT AND EMPLOYMENT OF LOW INCOME AND MARGINALIZED POPULATIONS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $635,064
Program Service Revenue $0
Investment Income $46,163
Other Revenue $0
TOTAL REVENUE $681,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $468,771
Fundraising Expenses $24,077
Program Expenses $637,181
Other Expenses $268,980
TOTAL EXPENSES $737,751

Year-over-Year Comparison

2024 2023 Change
Revenue $681,227 $1,426,883 -0.5%
Expenses $737,751 $833,783 -0.1%
Net Income $-56,524 $593,100 -1.1%
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
5
Independent Members
4
Employees
2
Volunteers
4

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
$235,882
Total Directors
5
$235,882
Key Employees
1
$199,125
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK ELLIOTT PRESIDENT 40.00
Officer Director
$195,000 $40,882 $235,882
PLINIO AYALA TREASURER 1.00
Officer Director
$0 $0 $0
CYNTHIA SHOSS CHAIR OF THE BOARD 1.00
Officer Director
$0 $0 $0
MARY PENA DIRECTOR 1.00
Director
$0 $0 $0
PAUL OSTERMAN DIRECTOR 1.00
Director
$0 $0 $0
ANNE RODER VP & SEC/VP FOR RESEARCH & EVALUATION 40.00
Key Emp
$155,144 $43,981 $199,125
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 $681,227 $737,751 $3,360,384 $-56,524
2024 $1,426,883 $833,783 $4,333,168 $593,100
2023 $1,895,977 $673,035 $3,708,447 $1,222,942
2022 $403,005 $530,615 $3,396,232 $-127,610
2021 $375,425 $606,699 $3,696,736 $-231,274
2020 $2,529,461 $617,992 $3,878,749 $1,911,469
2019 $1,233,717 $587,469 $1,896,920 $646,248
2018 $749,991 $744,449 $1,243,202 $5,542
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ECONOMIC MOBILITY CORPORATION with other nonprofits in New York and across the country.