BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GENSPACE NYC, founded in 2009, is a small nonprofit in the Education sector that reported $481K in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $742K exceeded revenue, resulting in a 54% operating deficit.
Genspace's mission is to foster a safe and inclusive community where all people including those from non-traditional and underrepresented backgrounds can experientially learn, boldly create, and meaningfully grow with the life sciences. We envision a world where everyone is empowered to use the life sciences to explore questions and develop applications that are connected to their lives and rooted in their communities.
We employ a range of informal education strategies to teach youth and adults the fundamental lab skills and scientific concepts they need to participate in the life sciences. Our programming...
We employ a range of informal education strategies to teach youth and adults the fundamental lab skills and scientific concepts they need to participate in the life sciences. Our programming prioritizes hands-on, collaborative, active learning based in biology education research best practices. We emphasize Interdisciplinary practice and the social and cultural context of scientific research and discovery. Genspsaces core education and engagement programs include: - A regular schedule of short courses and workshops on cutting edge topics from biomaterials and sustainable design to bioinformatics and gene editing with CRISPR - A membership program in which individuals, teams, and university scholars pursue novel research, art, or design projects in our open-access biology laboratory - A six month intensive synthetic biology internship for underserved youth and youth from underrepresented backgrounds in NYC- A rotating roster of free, public events for students, families, and adult learners
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 | $480,940 | $1,223,804 | -0.6% |
| Expenses | $742,319 | $680,646 | +0.1% |
| Net Income | $-261,379 | $543,158 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| ELIZABETH TUCK | Executive Dir. | 40.00 |
Officer
Director
|
$56,572 | $0 | $56,572 |
| MEREDITH BECKFORD-SMART | Executive Dir. | 40.00 |
Officer
Director
|
$25,003 | $0 | $25,003 |
| ISSA FAKHOURY | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KARL SCHMIEDER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN SCHOFFER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD ANDERMAN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| NEDA AFSARMANESH | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGELA ARMENDARIZ | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| CLAIR PURCELL | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $480,940 | $742,319 | $519,841 | $-261,379 |
| 2022 | $1,223,804 | $680,646 | $831,946 | $543,158 |
| 2021 | $537,567 | $458,765 | $281,983 | $78,802 |
| 2020 | $308,868 | $472,172 | $209,946 | $-163,304 |
| 2019 | $651,076 | $662,470 | $315,564 | $-11,394 |
| 2018 | $439,945 | $672,427 | $326,958 | $-232,482 |
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