Providence, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)West Broadway Neighborhood Association, founded in 1985, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2023. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 24% operating margin.
West Broadway Neighborhood Association (The Association) is a Rhode Island organzation whose mission is to organize its neighbors and businesses on the west side of Providence to preserve and protect our diverse, historic, urban community as a safe, vibrant, and sustainable place to shop, work, eat, live and learn locally. The Association's purpose is accomplished by working with government agencies, private foundations and other local organzations for the benefit of the common and public areas generally located in the West Broadway area of Providence Rhode Island. The Association educates the residents of the West Broadway area in community improvement through meetings, workshops, grassroots programs, community development projects and other events. 1577 Westminster street is an owned mixed use building that has green elements including solar panels, blown in insulation high efficiency heating and white reflective roof. The ground floor is owned by the Association.
WBNA programs and initiatives support and promote the neighborhood as a sustainable place for our diverse population to shop, work, eat, live and learn locally. Working with neighbors, businesses...
WBNA programs and initiatives support and promote the neighborhood as a sustainable place for our diverse population to shop, work, eat, live and learn locally. Working with neighbors, businesses, elected officials and other local nonprofits, these include vaccination and flu shot clinics, tree-planting and community gardening, neighborhood cleanups, a solar leasing program, events to encourage connection and dialogue between neighbors and elected officials, engagement with local schools, a charging station for electric vehicles, and creating spaces for small businesses to thrive. Partnering with local organizations, we support work that serves the most vulnerable members of our community. Through our popular Live Local, Give Local campaign, we contribute tangible assistance in the form of grocery gift cards to food insecure neighbors during November and December, as well as toy gift cards at Christmas. In 2023 we distributed 174 cards to local schools (Asa Messer Elementary, West Broadway Middle School, Central and Classical High Schools, and the Providence Career and Technical Academy) and two community centers for families in need. WBNA's two rental properties, at 1192 and 1577 Westminster Street, rented at below market value, are examples of our mission to keep low income families in the neighborhood and to encourage and promote emerging small businesses. Our tenants include a low income family, a nonprofit, and two small, minority-owned businesses that also benefit from WBNA's extensive communications network and connections to local government
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $257,572 | $144,258 | +0.8% |
| Expenses | $194,509 | $171,699 | +0.1% |
| Net Income | $63,063 | $-27,441 | -3.3% |
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 |
|---|---|---|---|---|---|---|
| Rebecca Atwood | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alozie Nwosu | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Oakley | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Noel Sanchez | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alexandra Lancey | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Annie Brida | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Nicholas Canning | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Eugenio Fernandez MD | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Sam Radov | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Stephanie Larrieux | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Andres Rosero Montenegro | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Leigh-Ann Razza | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Courtney Reardon | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Siobhan Callahan | Ececutive Director | 28.00 |
Officer
|
$34,118 | $0 | $34,118 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $257,572 | $194,509 | $835,048 | $63,063 |
| 2022 | $144,258 | $171,699 | $1,019,775 | $-27,441 |
| 2021 | $123,353 | $146,112 | $1,042,074 | $-22,759 |
| 2020 | $196,764 | $208,502 | $1,068,514 | $-11,738 |
| 2019 | $98,160 | $146,281 | $1,081,564 | $-48,121 |
| 2018 | $96,773 | $148,191 | $1,157,805 | $-51,418 |
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