NYC SALT INC (EIN 262502577) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

ALICIA HANSEN

Phone

9179926756

Tax Period

2024-07-01 to 2025-06-30

NYC SALT INC, founded in 2008, is a small nonprofit in the Youth Development sector that reported $908K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $186K, a strong 20% operating margin.

Mission

DEDICATED TO ENGAGE, INSPIRE AND EMPOWER UNDERSERVED YOUTH IN NEW YORK CITY TO REACH THEIR FULL POTENTIAL THROUGH PHOTOGRAPHY, VIDEO AND AN UNDERSTANDING OF THE VISUAL INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $871,397

Program Service Revenue $34,692

Investment Income $21

Other Revenue $1,932

TOTAL REVENUE $908,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $330,008

Fundraising Expenses $99,974

Program Expenses $565,131

Other Expenses $392,309

TOTAL EXPENSES $722,317

Year-over-Year Comparison

	2024	2023	Change
Revenue	$908,042	$527,321	+0.7%
Expenses	$722,317	$625,095	+0.2%
Net Income	$185,725	$-97,774	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$182,338

Total Directors

$239,977

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICIA HANSEN	FOUNDER AND CHIEF EXECUTIVE OFFICER	040.00	Officer Director	$162,739	$19,599	$182,338
ADAM CHINITZ	BOARD MEMBER DIRECTOR OF PROGRAMS	040.00	Director	$38,040	$19,599	$57,639
MARC ASNIN	CHAIR	001.00	Officer Director	$0	$0	$0
TIGRE McMULLAN	TREASURER	001.00	Officer Director	$0	$0	$0
ADITYA RAMANATHAN	SECRETARY	001.00	Officer Director	$0	$0	$0
JHUSTIN ABELEDA	BOARD MEMBER	001.00	Director	$0	$0	$0
GABRIEL BIDERMAN	BOARD MEMBER	001.00	Director	$0	$0	$0
NATHALIE HUNI ASSEMAT TESSANDIER	BOARD MEMBER	001.00	Director	$0	$0	$0
MARGHERITA PIGNATELLI	BOARD MEMBER	001.00	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
2025	$908,042	$722,317	$1,040,588	$185,725
2024	No data	No data	No data	No data
2023	$469,111	$682,748	$1,162,884	$-213,637
2022	$1,063,659	$955,995	$728,426	$107,664
2021	$819,666	$660,385	$569,954	$159,281
2020	$648,947	$665,673	$474,672	$-16,726
2018	$612,905	$638,445	$423,901	$-25,540

NYC SALT INC