NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE AUDACIA FOUNDATION INC, founded in 2009, is a small nonprofit in the Education sector that reported $142K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 661% operating deficit.
THE ORGANIZATION'S MISSION IS TO PROVIDE PROGRAMS AND SERVICES OFFERING EDUCATIONAL AND CAREER SUPPORT TO PERSONS, TYPICALLY AT LEAST 18 YEARS OLD, SEEKING CAREERS IN HEALTH CARE, WITH A GOAL OF HELPING PARTICIPANTS ACHIEVE SUCCESS IN ACADEMIA, CAREER SEARCH AND PROFESSIONAL DEVELOPMENT.
WORKFORCE INVESTMENT OPPORTUNITY (WIO) NEW YORK STATE FUNDED PROGRAM UNDER WHICH THE ORGANIZATION IS DESIGNATED A WORKFORCE INVESTMENT ORGANIZATION (WIO), CONTRACTING WITH MANAGED LONG TERM CARE...
WORKFORCE INVESTMENT OPPORTUNITY (WIO) NEW YORK STATE FUNDED PROGRAM UNDER WHICH THE ORGANIZATION IS DESIGNATED A WORKFORCE INVESTMENT ORGANIZATION (WIO), CONTRACTING WITH MANAGED LONG TERM CARE PLANS TO DEVELOP INITIATIVES TARGETING DIRECT CARE WORKERS, WITH THE GOALS OF SUPPORTING THE CRITICAL LONG TERM HEALTHCARE WORKFORCE INFRASTRUCTURE THROUGH RETRAINING, REDEPLOYMENT, AND ENHANCING SKILLSETS.
FUNDING FROM THE U.S. DEPARTMENT OF HEALTH & HUMAN SERVICES EMERGENCY PREPAREDNESS PROGRAMS, ADMINISTERED THROUGH PUBLIC HEALTH SOLUTIONS, A NOT FOR PROFIT CORPORATION, AND THE NEW YORK CITY...
FUNDING FROM THE U.S. DEPARTMENT OF HEALTH & HUMAN SERVICES EMERGENCY PREPAREDNESS PROGRAMS, ADMINISTERED THROUGH PUBLIC HEALTH SOLUTIONS, A NOT FOR PROFIT CORPORATION, AND THE NEW YORK CITY DEPARTMENT OF HEALTH & MENTAL HYGIENE, TO SUPPORT & ASSIST EMERGENCY MANAGEMENT PLANNING & TRAINING FOR NURSING FACILITY STAFF.
THE ORGANIZATION CONTRACTS WITH HEALTHCARE PROVIDERS TO PROVIDE NECESSARY SKILLS TRAINING FOR THE PROVIDERS DIRECT CARE WORKFORCE, PAID FOR BY FUNDS MADE AVAILABLE TO PROVIDERS UNDER THE AMERICAN...
THE ORGANIZATION CONTRACTS WITH HEALTHCARE PROVIDERS TO PROVIDE NECESSARY SKILLS TRAINING FOR THE PROVIDERS DIRECT CARE WORKFORCE, PAID FOR BY FUNDS MADE AVAILABLE TO PROVIDERS UNDER THE AMERICAN RESCUE PLAN ACT (ARPA).
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 | $141,693 | $2,917,329 | -1.0% |
| Expenses | $1,078,407 | $1,908,200 | -0.4% |
| Net Income | $-936,714 | $1,009,129 | -1.9% |
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 |
|---|---|---|---|---|---|---|
| EFFIE BATIS | PRESIDENT AN | 31.15 |
Officer
Director
|
$221,738 | $26,734 | $248,472 |
| MATTHEW SCHNECK | SECRETARY, T | 25.27 |
Officer
Director
|
$147,494 | $24,804 | $172,298 |
| MYLES GOMBERT | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| ROBERT THOMPSON | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| HEIDI MOUSTAKOS | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $141,693 | $1,078,407 | $187,927 | $-936,714 |
| 2022 | $2,917,329 | $1,908,200 | $1,099,831 | $1,009,129 |
| 2021 | $2,731,070 | $2,710,335 | $3,193,497 | $20,735 |
| 2020 | $5,560,831 | $5,652,997 | $6,054,016 | $-92,166 |
| 2019 | $6,831,022 | $6,804,140 | $4,195,104 | $26,882 |
| 2018 | $1,687,185 | $1,741,143 | $2,894,562 | $-53,958 |
Compare THE AUDACIA FOUNDATION INC with other nonprofits in New York and across the country.