WARC PROPERTIES INC

EIN: 237356004 501(c)(3) Community Improvement

HAWTHORNE, NY

Total Revenue
$81,330
Total Expenses
$53,162
Total Assets
$2,399,218
Net Assets
$2,399,218
🔒

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
1974
Legal Domicile
NY
Principal Officer
TIBISAY GUZMAN
Phone
9144954623
Tax Period
2023-01-01 to 2023-12-31

WARC PROPERTIES INC, founded in 1974, is a micro nonprofit in the Community Improvement sector that reported $81K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 35% operating margin.

Mission

THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WHICH ARE TO PROVIDE BOTH REAL AND PERSONAL PROPERTY TO BE LEASED AT NO PROFIT TO NOT FOR PROFIT CORPORATIONS WHICH CURRENTLY OR MAY IN THE FUTURE PROVIDE SERVICES IN THE NATURE OF RESIDENTIAL FACILITIES, DAY PROGRAMS, EMPLOYMENT PROGRAMS, EDUCATIONAL PROGRAMS, OR OTHER PROGRAMS FOR INDIVIDUALS WITH INTELLECTUAL OR DEVELOPMENTAL DISABILITIES.

Program Service Accomplishments

Program 1
Expenses: $53,162 Revenue: $51,960

LEASING OF ACQUIRED PROPERTIES TO AFFILIATED NOT-FOR-PROFIT ORGANIZATIONS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $51,960
Investment Income $29,370
Other Revenue $0
TOTAL REVENUE $81,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,162
Other Expenses $53,162
TOTAL EXPENSES $53,162

Year-over-Year Comparison

2023 2022 Change
Revenue $81,330 $62,821 +0.3%
Expenses $53,162 $52,276 +0.0%
Net Income $28,168 $10,545 +1.7%
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
N/A
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
2
$420,500
Total Directors
5
$420,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIBISAY GUZMAN EXECUTIVE DIRECTOR/CEO 0.75
Officer Director
$0 $97,478 $420,500
MARK GLUCKSMAN TREASURER 0.25
Officer Director
$0 $0 $0
JOHN BARRETT DIRECTOR 0.25
Director
$0 $0 $0
ANNE MAJSAK DIRECTOR 0.25
Director
$0 $0 $0
ROBERT PICONE DIRECTOR 0.25
Director
$0 $0 $0
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 No data No data No data No data
2023 $81,330 $53,162 $2,399,218 $28,168
2022 $62,821 $52,276 $2,247,166 $10,545
2021 $85,713 $77,528 $2,357,603 $8,185
2020 $87,888 $80,830 $2,218,885 $7,058
2019 $92,001 $80,505 $2,308,606 $11,496
2018 $92,087 $81,962 $2,207,287 $10,125
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WARC PROPERTIES INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.