SYRACUSE, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTERSTATE CEO FOUNDATION INC, founded in 1980, is a small nonprofit in the Public & Societal Benefit sector that reported $311K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $427K exceeded revenue, resulting in a 37% operating deficit.
TO ATTRACT PHILANTHROPIC SUPPORT FOR CENTERSTATE CEO PROGRAMS THAT REMOVE BARRIERS TO ECONOMIC PROSPERITY FOR PEOPLE AND PLACES. THESE PROGRAMS HELP RESIDENTS ACCESS QUALITY JOBS, INCLUSIVE WORKPLACES, AND ENTREPRENEURSHIP OPPORTUNITIES, AS WELL AS BUILD VIBRANT NEIGHBORHOOD BUSINESS CENTERS.
BASED IN SYRACUSE, NY, THE CENTERSTATE CEO FOUNDATION IS A SUPPORTING ORGANIZATION TO CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY. CENTERSTATE CEO FOUNDATION'S MISSION IS TO ATTRACT...
BASED IN SYRACUSE, NY, THE CENTERSTATE CEO FOUNDATION IS A SUPPORTING ORGANIZATION TO CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY. CENTERSTATE CEO FOUNDATION'S MISSION IS TO ATTRACT PHILANTHROPIC SUPPORT FOR CENTERSTATE CEO PROGRAMS THAT REMOVE BARRIERS TO ECONOMIC PROSPERITY FOR PEOPLE AND PLACES. SUPPORTED ACTIVITIES ARE DESIGNED IN COLLABORATION WITH COMMUNITY PARTNERS AND INCLUDE SMALL BUSINESS, WORKFORCE, AND NEIGHBORHOOD DEVELOPMENT. HIGHLIGHTED STRATEGIES AND PROGRAMS INCLUDE:WORKFORCE INNOVATION: THROUGH THE WORK TRAIN PROGRAM, CENTERSTATE CEO SUPPORTS INDUSTRY PARTNERSHIPS IN A VARIETY OF SECTORS, INCLUDING ADVANCED MANUFACTURING, CONSTRUCTION, TECH, CDL, AND HEALTHCARE. INDUSTRY PARTNERSHIPS INCLUDE EMPLOYERS, TRAINING AND EDUCATION PROVIDERS, AND COMMUNITY-BASED PARTNERS ALL WORKING TO DEVELOP STRATEGIES FOR FILLING GOOD QUALITY JOBS ALONG IN DEMAND CAREER PATHWAYS. IN COLLABORATION WITH THESE PARTNERS, CENTERSTATE CEO BUILD INITIATIVES THAT ACTIVATE TALENT FROM ALL ACROSS THE REGION, INCLUDING RESIDENTS WHO ARE UN OR UNDEREMPLOYED AND/OR IN LOW DEMAND OR LOW PAYING FIELDS. WORK TRAIN HAS PLACED OVER 1,200 INDIVIDUALS IN QUALITY JOBS, USING FEEDBACK FROM JOBSEEKERS TO IMPROVE PROGRAMMING TO ACHIEVE MORE PLACEMENTS, RETENTION, AND ADVANCEMENT.SMALL BUSINESS DEVELOPMENT: THROUGH ITS UP START PROGRAM AND GROWTH + EQUITY FUND, CENTERSTATE CEO AIMS TO SUPPORT THE LAUNCH, GROWTH, AND SUSTAINABILITY OF SMALL BUSINESSES ACROSS SECTORS. THE UP START TEAM WORKS CLOSELY WITH EACH BUSINESS OWNER TO DEVELOP CUSTOMIZED BUSINESS PLANS AND TROUBLESHOOT CHALLENGES. THE PROGRAM LEVERAGES VARIOUS PARTNERS ACROSS THE REGION, INCLUDING THE SBDC AND WISE WOMENS BUSINESS CENTER, TO SUPPORT THESE ENTREPRENEURS. STARTED IN 2022, THE GROWTH + EQUITY FUND AIMS TO PROVIDE MARKET SOLUTIONS FOR EMERGING AND GROWING SMALL BUSINESSES THAT ARE NOT ABLE TO ACCESS CAPITAL FROM TRADITIONAL LENDERS. THROUGH THE FUND, CENTERSTATE WORKS CLOSELY WITH BUSINESS OWNERS TO HELP DE-RISK THEIR VENTURES, POSITIONING THEM TO ACCESS THE TRADITIONAL FINANCIAL MARKET EITHER IN THE FUTURE OR AS CO-LENDERS. TO DATE, ALL SIX GROWTH + EQUITY FUND BORROWERS ARE UP TO DATE ON PAYMENTS WITH NO DEFAULTS. CENTERSTATE CEO ALSO OPERATED A PILOT ACCELERATOR FOR STARTUPS LED BY ENTREPRENEURS FROM DISADVANTAGED BACKGROUNDS, WHICH GRADUATED FIVE COMPANIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $310,542 | $754,823 | -0.6% |
| Expenses | $426,992 | $656,710 | -0.3% |
| Net Income | $-116,450 | $98,113 | -2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NATHAN ANDREWS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| VICKI BRACKENS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EVELYN INGRAM | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARGARET O'CONNELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELANIE LITTLEJOHN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY PENIX | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID SCHNECKENBURGER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SIMPSON | PRESIDENT | 1.00 |
Officer
Director
|
$14,042 | $127,938 | $434,054 |
| GAIL COWLEY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN CROSSETT | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MANTOSH DEWAN MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIMBERLY TOWNSEND | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES REED | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIMOTHY MURPHY | CHAIR, DEVELOPMENT COMMITTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN HUHTALA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SOMAK CHATTOPADHYAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN FOURNIER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS SCHNEIDER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIK SMITH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN GORCZYNSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DIMITAR KARAIVANOV | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR SETH KRONENBERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JO ANNE GAGLIANO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHANNA ANDERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN SIO | SVP | 1.00 |
Officer
Director
|
$14,682 | $36,694 | $174,618 |
| DAVID NUTTING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC MOWER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL NASH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY FURMAROLA | EXECUTIVE DIRECTOR | 7.00 |
Officer
|
$40,396 | $4,707 | $98,535 |
| MARIAN FRANCHER | SENIOR DIRECTOR OF FINANCE | 1.00 |
Officer
|
$0 | $12,964 | $117,792 |
| LORI DIETZ | SVP OF ADMINISTRATION & HU | 1.00 |
Officer
|
$0 | $5,021 | $97,397 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $310,542 | $426,992 | $1,547,973 | $-116,450 |
| 2023 | $754,823 | $656,710 | $2,218,921 | $98,113 |
| 2022 | $232,388 | $254,806 | $1,983,596 | $-22,418 |
| 2021 | $245,775 | $304,393 | $1,524,975 | $-58,618 |
| 2020 | $456,515 | $284,062 | $1,558,938 | $172,453 |
| 2019 | $20,374 | $219,056 | $3,246,485 | $-198,682 |
| 2018 | $391,304 | $108,515 | $2,462,563 | $282,789 |
Compare CENTERSTATE CEO FOUNDATION INC with other nonprofits in New York and across the country.