JAMAICA, NY
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)VERNON AVENUE PROJECT INC, founded in 2010, is a small nonprofit in the Youth Development sector that reported $729K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $914K exceeded revenue, resulting in a 25% operating deficit.
THE ORGANIZATION'S MISSION IS TO OFFER EMPLOYMENT THAT LEADS TO RENEWED ENGAGEMENT IN EDUCATION, TRAINING AND COMMITMENT TO COMMUNITY LEADERSHIP AND SERVICE. MANAGEMENT IS PROPOSING A VISION, WHICH SEEKS TO DEVELOP A WORKING ENVIRONMENT FOR THE YOUNG ADULTS OF THE COMMUNITY BY CREATING EMPLOYMENT OPPORTUNITIES WHILE PARTNERING WITH EXISTING EMPLOYERS IN THE COMMUNITY. THROUGH RECONNECT, THE AIM IS TO TRANSFORM THE PARTICIPANTS INTO THE NEIGHBORHOOD'S NEXT GENERATION OF ENTREPRENEURS, DREAMERS AND THINKERS AS THEY LEARN TO GROW WITH THE EXISTING BUSINESS AND RECONNECT FUTURE ENDEAVORS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $728,788 | $791,290 | -0.1% |
| Expenses | $913,656 | $772,019 | +0.2% |
| Net Income | $-184,868 | $19,271 | -10.6% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SCOTT AIESE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DAN BLOOM | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN ETTRICKS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH JANNETTY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TINA SUMMERLIN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JEFF LITTELL | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| MELVIN MADERA | SECRETARY/TR | 2.00 |
Officer
|
$0 | $0 | $0 |
| REV JAMES O'SHEA | EXECUTIVE DI | 60.00 |
Officer
|
$0 | $0 | $0 |
| SONIA ORTIZ-GULARDO | VICE CHAIR | 2.00 |
Officer
|
$0 | $0 | $0 |
| MARJORIE PARKER | CHAIRPERSON | 4.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $728,788 | $913,656 | $299,689 | $-184,868 |
| 2022 | $791,290 | $772,019 | $499,699 | $19,271 |
| 2021 | $279,524 | $364,243 | $480,876 | $-84,719 |
| 2020 | $292,382 | $295,251 | $540,818 | $-2,869 |
| 2019 | $456,528 | $407,918 | $543,282 | $48,610 |
| 2018 | $573,284 | $369,260 | $525,725 | $204,024 |
Compare VERNON AVENUE PROJECT INC with other nonprofits in New York and across the country.