IN OUR BACKYARDS INC

EIN: 263283639 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$4,035,181
Total Expenses
$5,020,069
Total Assets
$1,303,950
Net Assets
$1,129,884
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
APOLLO GONZALES
Phone
9174644515
Tax Period
2023-01-01 to 2023-12-31

IN OUR BACKYARDS INC, founded in 2008, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $5.0M exceeded revenue, resulting in a 24% operating deficit.

Mission

IOBY MOBILIZES NEIGHBORS WHO HAVE GOOD IDEAS TO BECOME POWERFUL CIVIC LEADERS WHO PLAN, FUND, AND MAKE POSITIVE CHANGE IN THEIR OWN NEIGHBORHOODS.

Program Service Accomplishments

Program 1
Expenses: $2,355,034 Revenue: $129,715

PROJECT SUPPORT: THIS PROGRAM COMPRISES ALL OF THE SERVICES THAT WE PROVIDE FOR PROJECTS USING THE IOBY PLATFORM. IN ADDITION TO THE USE OF OUR WEBSITE AND ITS TOOLS, PROJECT LEADERS BENEFIT FROM...

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PROJECT SUPPORT: THIS PROGRAM COMPRISES ALL OF THE SERVICES THAT WE PROVIDE FOR PROJECTS USING THE IOBY PLATFORM. IN ADDITION TO THE USE OF OUR WEBSITE AND ITS TOOLS, PROJECT LEADERS BENEFIT FROM OPTIONAL COACHING, TRAINING AND TECHNICAL ASSISTANCE FROM THE IOBY TEAM IN THE FORM OF WORKSHOPS AND ONE-ON-ONE CONSULTATIONS ON: PROJECT PLANNING AND MANAGEMENT; MATCH PROGRAMS; SOCIAL MEDIA AND ONLINE COMMUNICATIONS; PARTICIPATION IN OUR DIGITAL STORYTELLING PROJECT; AND, MOST IMPORTANTLY, GRASSROOTS FUNDRAISING. THIS PROGRAM ALSO INCLUDES ALL ASPECTS OF THE LIMITED FORM OF FISCAL SPONSORSHIP THAT WE OFFER TO PROJECTS AND MANAGEMENT OF NECESSARY PURCHASING AND/OR FUNDS DISBURSEMENT AFTER PROJECTS ARE FULLY FUNDED, AS WELL AS SUBSEQUENT REPORTING.

Program 2
Expenses: $881,932

PROJECT OUTREACH & SOURCING:THIS PROGRAM COMPRISES ALL OF THE ACTIVITIES AND INITIATIVES WE DESIGN AND MANAGE IN ORDER TO PROVIDE OUTREACH AND SOURCE NEW PROJECTS THAT USE IOBY TO CONNECT WITH...

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PROJECT OUTREACH & SOURCING:THIS PROGRAM COMPRISES ALL OF THE ACTIVITIES AND INITIATIVES WE DESIGN AND MANAGE IN ORDER TO PROVIDE OUTREACH AND SOURCE NEW PROJECTS THAT USE IOBY TO CONNECT WITH POTENTIAL DONORS AND VOLUNTEERS. THIS INCLUDES ALL OUR ON-THE-GROUND ORGANIZERS THAT WE HAVE IN DETROIT, CLEVELAND, AND CINCINNATI, AS WELL AS EVENTS AND COMMUNICATIONS TO KEEP DONORS INVOLVED AND UP TO DATE WITH PROJECTS THEY HAVE SUPPORTED. WE ALSO HOST OUTREACH ACTIVITIES TO PROMOTE THE WORK OF OUR PROJECTS TO THE BROADER COMMUNITY OF INTERESTED COMMUNITY ACTIVISTS AND NEIGHBORHOOD LEADERS. WE HAVE BUILT STRONG RELATIONSHIPS WITH HUNDREDS OF LOCAL COMMUNITY GROUPS AND NONPROFITS ACROSS THE COUNTRY, SUPPORTED THOUSANDS OF RESIDENTS SHAPING THEIR IDEAS INTO MORE THAN 3,555 PROJECTS AND SINCE OUR FOUNDING WE HAVE DIRECTED MORE THAN $19M FROM MORE THAN 50,000 DONORS.

Program 3
Expenses: $283,808

ONLINE PLATFORMTHIS PROGRAM IS THE FUNCTIONAL HEART OF OUR ORGANIZATION AND THE CORE OF OUR UNIQUE MODEL; IT ENABLES MOST OTHER ASPECTS OF OUR WORK. WE DESIGN, BUILD AND MAINTAIN A WEB PLATFORM...

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ONLINE PLATFORMTHIS PROGRAM IS THE FUNCTIONAL HEART OF OUR ORGANIZATION AND THE CORE OF OUR UNIQUE MODEL; IT ENABLES MOST OTHER ASPECTS OF OUR WORK. WE DESIGN, BUILD AND MAINTAIN A WEB PLATFORM (IOBY.ORG) FOCUSED ON MEETING THE NEEDS OF THE PROJECT LEADERS WE SERVE AND THE DONORS THAT SUPPORT THEIR WORK. THIS PLATFORM IS CONSTANTLY EVOLVING THROUGH ITERATIONS AND ENHANCED BY FEEDBACK FROM BOTH PROJECT LEADERS AND DONORS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,886,144
Program Service Revenue $129,715
Investment Income $3,142
Other Revenue $16,180
TOTAL REVENUE $4,035,181

Expense Breakdown

Grants Paid $2,080,187
Salaries & Benefits $2,377,348
Fundraising Expenses $517,477
Program Expenses $3,520,774
Other Expenses $562,534
TOTAL EXPENSES $5,020,069

Year-over-Year Comparison

2023 2022 Change
Revenue $4,035,181 $5,002,721 -0.2%
Expenses $5,020,069 $5,058,811 0.0%
Net Income $-984,888 $-56,090 +16.6%
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
15
Independent Members
15
Employees
25
Volunteers
1445

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
7
$100,703
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APOLLO GONZALES BOARD CHAIR 1.90
Officer Director
$0 $0 $0
EVELYN BURNETT VICE CHAIR 1.90
Officer Director
$0 $0 $0
JAMIE HAND PAST CHAIR 1.90
Officer Director
$0 $0 $0
JENA BRADLEY SECRETARY 1.90
Officer Director
$0 $0 $0
CHRISTINE RICO TREASURER 1.90
Officer Director
$0 $0 $0
LOREN BLACKFORD DIRECTOR 1.30
Director
$0 $0 $0
LINDSAY CAMPBELL DIRECTOR 1.30
Director
$0 $0 $0
MICHELLE HUANG DIRECTOR 1.30
Director
$0 $0 $0
SCOTT MILLER DIRECTOR 1.30
Director
$0 $0 $0
JUSTIN G MOORE DIRECTOR 1.30
Director
$0 $0 $0
IOANNA PARASKEVOPOLOUS DIRECTOR 1.30
Director
$0 $0 $0
OMAR PARBHOO DIRECTOR 1.90
Director
$0 $0 $0
HARRIET TREGONING DIRECTOR 1.30
Director
$0 $0 $0
CAMILLA VELASQUEZ DIRECTOR 1.30
Director
$0 $0 $0
KARYN WILLIAMS DIRECTOR 1.30
Director
$0 $0 $0
ERIN BARNES COFOUNDER & CHIEF EXECUTIVE OFFICER 40.00
Officer
$29,755 $0 $29,755
HANNA ZAHORY CFO 40.00
Officer
$62,056 $8,892 $70,948
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
2023 $4,035,181 $5,020,069 $1,303,950 $-984,888
2022 $5,002,721 $5,058,811 $2,642,466 $-56,090
2021 $5,883,251 $6,454,153 $2,495,951 $-570,902
2020 $8,598,106 $7,911,740 $3,212,579 $686,366
2019 $4,734,427 $4,345,303 $2,685,637 $389,124
2018 $5,215,287 $3,917,939 $2,438,485 $1,297,348
2017 $2,306,641 $3,580,080 $900,502 $-1,273,439
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