CITY YEAR INC

EIN: 222882549 501(c)(3) Unknown

BOSTON, MA

Total Revenue
$173,086,871
Total Expenses
$175,579,043
Total Assets
$84,679,830
Net Assets
$53,462,428
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MA
Principal Officer
JAMES BALFANZ
Phone
6179272507
Tax Period
2024-07-01 to 2025-06-30

CITY YEAR INC, founded in 1988, is a major nonprofit in the Unknown sector that reported $173.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

CITY YEAR HELPS STUDENTS AND SCHOOLS SUCCEED, WHILE PREPARING THE NEXT GENERATION OF CIVICALLY ENGAGED LEADERS WHO CAN WORK ACROSS LINES OF DIFFERENCE. PARTNERING WITH TEACHERS, TEAMS OF CITY YEAR AMERICORPS MEMBERS CULTIVATE LEARNING ENVIRONMENTS WHERE ALL STUDENTS CAN BUILD ON THEIR STRENGTHS, FULLY ENGAGE IN THEIR LEARNING, AND THRIVE.

Program Service Accomplishments

Program 1
Expenses: $78,330,360

IN-SCHOOL SERVICEIN FISCAL YEAR 2025, MORE THAN 98% OF CITY YEAR'S 2,174 FULL-TIME PARTICIPANTS SERVED ON TEAMS IN SCHOOLS. MOST OF THEIR 2,991,880 SERVICE HOURS WERE SPENT AS TUTORS, MENTORS, AND...

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IN-SCHOOL SERVICEIN FISCAL YEAR 2025, MORE THAN 98% OF CITY YEAR'S 2,174 FULL-TIME PARTICIPANTS SERVED ON TEAMS IN SCHOOLS. MOST OF THEIR 2,991,880 SERVICE HOURS WERE SPENT AS TUTORS, MENTORS, AND ROLE MODELS HELPING CHILDREN IN HIGH-POVERTY SCHOOLS STAY IN SCHOOL AND ON TRACK TO GRADUATE. AS NEAR-PEERS, CORPS MEMBERS ARE UNIQUELY ABLE TO HELP IMPROVE STUDENT ATTENDANCE, BEHAVIOR, AND COURSEWORK - WHICH RESEARCH CONFIRMS ARE INDICATORS OF A STUDENT'S LIKELIHOOD OF GRADUATING HIGH SCHOOL. IN EACH OF CITY YEAR'S 258 PARTNER SCHOOLS, THE TEAM PROVIDES ACADEMIC SUPPORT, ATTENDANCE MONITORING AND INCENTIVES, POSITIVE BEHAVIOR SUPPORT, AND AFTER-SCHOOL PROGRAMMING EVENTS (SUCH AS ASSEMBLIES AND CELEBRATIONS) THAT IMPROVE THE OVERALL SCHOOL ENVIRONMENT. THE SERVICE MODEL HELPS THE CORPS MEMBERS HAVE AN IMPACT BEYOND THE 23,468 STUDENTS REACHED DIRECTLY THROUGH ONE-ON-ONE AND SMALL GROUP INSTRUCTION. CORPS MEMBERS CHANGE THE ENVIRONMENT OF A SCHOOL BY IMMEDIATELY CHANGING THE RATIO OF STUDENTS TO RESPONSIBLE, CARING ADULTS. IN ADDITION TO THE IN-SCHOOL SERVICES, MORE THAN 6,637 STUDENTS WERE PROVIDED WITH AFTER-SCHOOL AND SCHOOL ENVIRONMENT PROGRAMS. SCHOOLS THAT PARTNER WITH CITY YEAR ARE UP TO TWO TO THREE TIMES MORE LIKELY TO IMPROVE IN ENGLISH AND MATH ASSESSMENTS, AND THE MORE TIME STUDENTS SPEND WITH AMERICORPS MEMBERS, WHO SERVE AS STUDENT SUCCESS COACHES, THE MORE THEY IMPROVE ON SOCIAL, EMOTIONAL AND ACADEMIC SKILLS THAT HELP STUDENTS THRIVE IN SCHOOL AND CONTRIBUTE TO THEIR COMMUNITY.

Program 2
Expenses: $62,374,176

YOUTH CIVIC LEADERSHIP40,000 OF CITY YEAR'S ALUMNI CONTINUE TO SERVE AND LEAD ACROSS AN ARRAY OF PROFESSIONS, INCLUDING EDUCATION, WITH MORE THAN HALF OF ALUMS WORKING AS TEACHERS, ADMINSTRATORS...

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YOUTH CIVIC LEADERSHIP40,000 OF CITY YEAR'S ALUMNI CONTINUE TO SERVE AND LEAD ACROSS AN ARRAY OF PROFESSIONS, INCLUDING EDUCATION, WITH MORE THAN HALF OF ALUMS WORKING AS TEACHERS, ADMINSTRATORS, GUIDANCE COUNSELORS AND AT EDUCATION NONPROFITS, AND ARE ENGAGED IN THEIR COMMUNITIES. THEY SHARE THEIR PASSION FOR CIVIC ENGAGEMENT BY LEADING STUDENTS IN ACTIVITIES THAT HELP THE PARTICIPANTS GAIN A BETTER UNDERSTANDING OF CHALLENGES FACING THEIR COMMUNITIES AND HOW THEY CAN HELP ADDRESS THEM. CITY YEAR WAS FOUNDED ON THE BELIEF THAT A YEAR OF NATIONAL SERVICE COULD SERVE AS A CIVIC RITE OF PASSAGE - A UNIQUELY TRANSFORMATIONAL LIFE EXPERIENCE THAT, WHILE HELPING TRANSFORM COMMUNITIES IN NEED, COULD BEND THE TRAJECTORY OF AN IDEALISTIC YOUNG PERSON'S LIFE TOWARDS A LIFETIME OF ACTIVE CITIZENSHIP AND CIVIC LEADERSHIP.

Program 3
Expenses: $4,351,687

PHYSICAL SERVICEALL CITY YEAR LOCATIONS HOST LARGE-SCALE SERVICE EVENTS THROUGHOUT THE YEAR, LED BY CORPS AND STAFF. IN FISCAL YEAR 2025, 9,764 CITIZENS VOLUNTEERED 25,129 HOURS IN PROJECTS INCLUDING...

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PHYSICAL SERVICEALL CITY YEAR LOCATIONS HOST LARGE-SCALE SERVICE EVENTS THROUGHOUT THE YEAR, LED BY CORPS AND STAFF. IN FISCAL YEAR 2025, 9,764 CITIZENS VOLUNTEERED 25,129 HOURS IN PROJECTS INCLUDING PAINTING MURALS, REFURBISHING SCHOOLS, CREATING PLAY PLACES, PLANTING COMMUNITY GARDENS, AND REVITALIZING COMMUNITY CENTERS. A PHYSICAL SERVICE PROJECT COMPLETED BY A CITY YEAR LED TEAM CAN POWERFULLY TRANSFORM A SCHOOL ENVIRONMENT OR NEIGHBORHOOD, BOTH BY VISIBLY IMPROVING THE SPACE WITH THE IMMEDIATE RESULTS, AND ALSO BY INSPIRING PARTICIPANTS TO VOLUNTEER AGAIN.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $172,208,432
Program Service Revenue $0
Investment Income $462,130
Other Revenue $416,309
TOTAL REVENUE $173,086,871

Expense Breakdown

Grants Paid $46,619,362
Salaries & Benefits $95,620,997
Fundraising Expenses $16,406,414
Program Expenses $145,056,223
Other Expenses $31,986,399
TOTAL EXPENSES $175,579,043

Year-over-Year Comparison

2024 2023 Change
Revenue $173,086,871 $157,009,335 +0.1%
Expenses $175,579,043 $182,867,246 0.0%
Net Income $-2,492,172 $-25,857,911 -0.9%
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
16
Independent Members
15
Employees
1061
Volunteers
9764

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
5
$1,418,296
Total Directors
17
$438,255
Key Employees
4
$1,339,362
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BALFANZ CHIEF EXECUTIVE OFFICER 50.00
Officer Director
$388,550 $49,705 $438,255
GEORGE NICHOLS III CHAIR 1.00
Director
$0 $0 $0
STEVE BIRCHARD TRUSTEE 1.00
Director
$0 $0 $0
MICHELE CAHILL TRUSTEE 1.00
Director
$0 $0 $0
TUSHARA CANEKERATNE TRUSTEE 1.00
Director
$0 $0 $0
SALLY DORNAUS TRUSTEE 1.00
Director
$0 $0 $0
SANDY EDGERLEY TRUSTEE (THRU 4/1/25) 1.00
Director
$0 $0 $0
DAVID EINHORN TRUSTEE 1.00
Director
$0 $0 $0
ANDREA ENCARNACAO MARTIN TRUSTEE 1.00
Director
$0 $0 $0
ALICE KWAN TRUSTEE (AS OF 10/16/24) 1.00
Director
$0 $0 $0
NATALIE LAMARQUE TRUSTEE 1.00
Director
$0 $0 $0
LARRY NEITERMAN TRUSTEE 1.00
Director
$0 $0 $0
ANA MARI ORTEGA TRUSTEE 1.00
Director
$0 $0 $0
JOANNE RODGERS TRUSTEE 1.00
Director
$0 $0 $0
KIM SMITH TRUSTEE 1.00
Director
$0 $0 $0
WENDY SPENCER TRUSTEE 1.00
Director
$0 $0 $0
DALILA WILSON-SCOTT TRUSTEE 1.00
Director
$0 $0 $0
SHANUAH BEAMON CAO,GEN CONSL,CO-CLK (THRU 6/27/25) 50.00
Officer
$326,484 $41,162 $367,646
KANNA KUNCHALA ACTING CFO (THRU 8/1/24),EXEC VP,CSO,COS 50.00
Officer
$288,040 $47,695 $335,735
GEORGE CHU CFO (AS OF 8/1/24) 50.00
Officer
$267,206 $9,454 $276,660
TOM WARD CO-CLERK 1.00
Officer
$0 $0 $0
JOHN TUPPONCE CHIEF OPERATING OFFICER 50.00
Key Emp
$293,540 $50,221 $343,761
MITHRA RAMALEY CHIEF DEV, RECRUIT, & ALUMNI OFFICER 50.00
Key Emp
$294,840 $44,453 $339,293
ANNMAURA CONNOLLY CHIEF STRATEGY OFFICER 50.00
Key Emp
$292,014 $46,245 $338,259
STEPHANIE WU CHIEF TRANSFORMATION OFFICER 50.00
Key Emp
$270,230 $47,819 $318,049
RUME JOY AZIKIWE-OYEYEMI CHIEF HUMAN RESOURCE OFFICER 50.00
Highest
$246,406 $45,668 $292,074
STEPHEN SPALOSS CHIEF ENTERP SOCIAL RESPONSBLTY OFF 50.00
Highest
$232,700 $44,016 $276,716
ALYSON AUGUSTIN SVP GOVERNMENTAL RELATIONS 50.00
Highest
$229,960 $32,316 $262,276
ELLEN GULACHENSKI CHIEF INFORMATION OFFICER 50.00
Highest
$222,247 $36,037 $258,284
MARY JANE STEVENSON MARKET PRESIDENT 50.00
Highest
$230,049 $10,805 $240,854
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 $173,086,871 $175,579,043 $84,679,830 $-2,492,172
2024 No data No data No data No data
2023 $168,215,479 $176,337,623 $107,632,955 $-8,122,144
2022 $184,395,439 $167,972,198 $122,593,381 $16,423,241
2021 $166,390,227 $169,554,488 $109,129,886 $-3,164,261
2020 $166,184,689 $172,132,198 $87,591,346 $-5,947,509
2019 $172,610,628 $167,025,090 $93,077,918 $5,585,538
2019 $172,610,628 $167,025,090 $93,077,918 $5,585,538
2018 $160,333,174 $154,867,723 $86,226,089 $5,465,451
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