SINGLE STOP USA INC

EIN: 208837690 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$4,263,393
Total Expenses
$6,066,272
Total Assets
$3,165,645
Net Assets
$-4,525,601
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NY
Principal Officer
CHRISTINE MCMAHON
Phone
2124802870
Tax Period
2023-10-01 to 2024-09-30

SINGLE STOP USA INC, founded in 2007, is a community nonprofit in the Human Services sector that reported $4.3M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $6.1M exceeded revenue, resulting in a 42% operating deficit.

Mission

WE SEEK TO BREAK THE CYCLE OF POVERTY BY LEVERAGING PARTNERSHIPS AND TECHNOLOGY TO CONNECT INDIVIDUALS AND FAMILIES WITH SOCIAL SUPPORT RESOURCES THROUGH A SEAMLESS, ONE-STOP PLATFORM. SINGLE STOP BEGAN WITH A SIMPLE QUESTION: HOW DO WE CONNECT THE 46 MILLION AMERICANS LIVING IN POVERTY WITH THE BILLIONS OF DOLLARS OF LIFE-CHANGING RESOURCES THAT GO UNCLAIMED EACH YEAR? SINGLE STOP SEEKS TO ENSURE THAT THOSE RESOURCES REACH THE PEOPLE WHO NEED THEM MOST, GIVING THEM ACCESS TO SAFETY NET PROGRAMS AND PROVIDING A BOOST UP THE ECONOMIC LADDER. CONNECTING FAMILIES TO THESE RESOURCES IS A PROBLEM OF LOGISTICS, AND SOLVING IT MEANS MOVING MILLIONS OF PEOPLE TOWARDS ECONOMIC SECURITY. SINGLE STOP USES TECHNOLOGY TO CREATE A NEW PATHWAY FOR ECONOMIC MOBILITY IN AMERICA. OUR INNOVATIVE APPROACH LEVERAGES EXISTING FINANCIAL RESOURCES WITH OPPORTUNITIES FOR EDUCATION, COUNSELING, TRAINING, AND SUPPORT A POTENT RECIPE FOR LIFELONG FINANCIAL STABILITY. SINGLE STOPS SOCIAL INNOVATION FUND AWARD.

Program Service Accomplishments

Program 1
Expenses: $3,688,349 Revenue: $3,746,953

SINGLE STOP HARNESSES AMERICA'S MOST EFFECTIVE ANTI-POVERTY TOOLS TO CREATE ECONOMIC MOBILITY FOR LOW-INCOME FAMILIES AND INDIVIDUALS. SINGLE STOP OFFERS A ONE-STOP OFF-RAMP OUT OF POVERTY BY...

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SINGLE STOP HARNESSES AMERICA'S MOST EFFECTIVE ANTI-POVERTY TOOLS TO CREATE ECONOMIC MOBILITY FOR LOW-INCOME FAMILIES AND INDIVIDUALS. SINGLE STOP OFFERS A ONE-STOP OFF-RAMP OUT OF POVERTY BY SUPPORTING FAMILIES IN MEETING THEIR BASIC NEEDS. THROUGHOUT ITS HISTORY, SINGLE STOP HAS FOCUSED ON ESSENTIALS. SITES CONNECT VISITORS FIRST AND FOREMOST TO FOOD STAMPS, LOCAL FOOD PANTRIES, HOUSING PROGRAMS, AND JOBS. OUR NATIONAL NETWORK OF PARTNER ORGANIZATIONS ALLOWS US TO MEET OUR CLIENTS AT THEIR POINT OF NEED IN THE PLACES THEY FREQUENT THE MOST. WHETHER THEY ARE COMMUNITY-BASED ORGANIZATIONS LIKE FOOD PANTRIES, LIBRARIES, VETERANS' CENTERS, ETC., OR COMMUNITY COLLEGES AND UNIVERSITIES, THEIR LOCALE OFFERS A UNIQUE VANTAGE POINT FROM WHICH TO CONNECT INDIVIDUALS AND FAMILIES TO MUCH-NEEDED RESOURCES. AT OVER 100 SITES ACROSS 12 STATES, SINGLE STOP PARTNERS WITH ORGANIZATIONS THAT SERVE LOW-INCOME FAMILIES TO PROVIDE WRAPAROUND SERVICES AND ENSURE THEIR CLIENTS HAVE ACCESS TO ALL THE MAJOR ANTI-POVERTY RESOURCES AVAILABLE. OVER 46 MILLION AMERICANS LIVE IN POVERTY. CONNECTING FAMILIES TO RESOURCES TO GET THEM OUT OF POVERTY IS A PROBLEM OF LOGISTICS, AND SOLVING IT MEANS MOVING MILLIONS OF PEOPLE TOWARDS ECONOMIC SECURITY. SINGLE STOP IS CREATING A NEW PATHWAY FOR ECONOMIC MOBILITY IN AMERICA. OUR INNOVATIVE APPROACH BREAKS THE CYCLE OF POVERTY BY LEVERAGING EXISTING FINANCIAL RESOURCES WITH OPPORTUNITIES FOR COMPETITIVE WORKFORCE AND STRENGTHENING LOCAL COMMUNITIES. SINGLE STOP MEETS INDIVIDUALS AND FAMILIES ON THEIR TEAMS AT THE PLACE THEY FREQUENT MOST. OUR "ONE-STOP-SHOP" MODEL PROVIDES UNPRECEDENTED EASE OF ACCESS TO A HOLISTIC SET OF SERVICES, IN ONE PLACE AT ONE TIME, UTILIZING TECHNOLOGY TO CREATE MAXIMUM IMPACT. SINGLE STOP WORKS WITH VARIOUS PARTNERS TO ACCOMPLISH ITS MISSION, INCLUDING COMMUNITY COLLEGES AND COMMUNITY BASED ORGANIZATIONS, LIKE FOOD PANTRIES, SETTLEMENT HOUSES AND VETERANS ORGANIZATIONS. HEALTH CARE ENROLLMENT - SINGLE STOP PROVIDES HEALTH CARE ENROLLMENT SERVICES FOR LOW INCOME AND THE AGED, BLIND AND DISABLED POPULATION IN NEW YORK CITY. TYPICALLY, THIS SERVICE IS INTEGRATED WITHIN A FULLER SINGLE STOP PROGRAM AS A WRAPAROUND SERVICE. FREE TAX PREPARATION: SINGLE STOP FACILITATES THE IMPLEMENTATION OF FREE TAX SERVICES ACROSS PARTNER AGENCIES THROUGH A VARIETY OF METHODS, INCLUDING VIRTUAL, SELF-PREPARATION AND A FULL VITA SITE. SINGLE STOP PROVIDES TECHNICAL ASSISTANCE TO PARTNERS AS THEY INTEGRATE THIS SERVICE INTO THEIR CLIENT OFFERING. CLIENTS ARE LOW-INCOME USUALLY WITH INCOMES OF LESS THAN $17,000.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $150,391
Program Service Revenue $3,746,953
Investment Income $48
Other Revenue $366,001
TOTAL REVENUE $4,263,393

Expense Breakdown

Grants Paid $395,485
Salaries & Benefits $3,943,587
Fundraising Expenses $17
Program Expenses $3,688,349
Other Expenses $1,727,200
TOTAL EXPENSES $6,066,272

Year-over-Year Comparison

2023 2022 Change
Revenue $4,263,393 $4,620,267 -0.1%
Expenses $6,066,272 $6,471,727 -0.1%
Net Income $-1,802,879 $-1,851,460 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
68
Volunteers
164

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
$1,760,150
Total Directors
8
$0
Key Employees
1
$205,047
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL M WEINSTEIN CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MARCO AURELIO DIRECTOR 1.00
Director
$0 $0 $0
DANIEL SIMKOWITZ DIRECTOR 1.00
Director
$0 $0 $0
DAVID SALTZMAN DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SCOTT DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN TOUPS DIRECTOR 1.00
Director
$0 $0 $0
JILLIAN MANUS DIRECTOR (AS OF 06/24) 1.00
Director
$0 $0 $0
KWAKU DRISKELL DIRECTOR (AS OF 01/24) 1.00
Director
$0 $0 $0
CHRISTINE MCMAHON PRESIDENT & CEO OF FEDCAP 1.00
Officer
$0 $151,561 $891,927
CAROL KHOURY CFO OF FEDCAP 1.00
Officer
$0 $8,517 $347,921
KENNETH BREZENOFF GEN COUNSEL & VP STRAT. INIT. 1.00
Officer
$0 $18,802 $262,175
MARTIN HANNA PRESIDENT - SINGLE STOP (THRU 03/24) 1.00
Officer
$0 $8,927 $258,127
STEVEN WILLIAMS PRESIDENT - SINGLE STOP (AS OF 03/24) 1.00
Officer
$0 $0 $0
L DAVID HORN CTO - SINGLE STOP 40.00
Key Emp
$181,387 $23,660 $205,047
SCOTT ROBIDOUX SOFTWARE ENGINEERING MGR (THRU 02/24) 1.00
Highest
$160,060 $5,644 $165,704
APOORVA MURALIDHARA SENIOR SOFTWARE ENGINEER 40.00
Highest
$157,638 $844 $158,482
NEIL GIRARDI SENIOR SOFTWARE ENGINEER 40.00
Highest
$145,585 $14,343 $159,928
ANTHONY ARRA SOFTWARE ENGINEER 40.00
Highest
$142,353 $10,009 $152,362
RICHARD LEWIS SENIOR FRONT-END ENGINEER 40.00
Highest
$160,060 $787 $160,847
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 $4,263,393 $6,066,272 $3,165,645 $-1,802,879
2023 $4,620,267 $6,471,727 $3,126,878 $-1,851,460
2022 $3,894,632 $5,946,342 $3,687,546 $-2,051,710
2021 $5,987,742 $6,551,623 $4,715,111 $-563,881
2020 $7,800,953 $8,292,794 $6,519,072 $-491,841
2019 $16,974,828 $16,169,137 $8,054,970 $805,691
2018 $21,931,682 $22,736,171 $10,293,274 $-804,489
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