A BROADER WAY FOUNDATION

EIN: 273491528 501(c)(3) Recreation & Sports

NEW YORK, NY

Total Revenue
$232,427
Total Expenses
$349,782
Total Assets
$244,788
Net Assets
$244,788
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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
2010
Legal Domicile
DE
Principal Officer
IDINA MENZEL
Phone
2125829700
Tax Period
2024-01-01 to 2024-12-31

A BROADER WAY FOUNDATION, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $232K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $350K exceeded revenue, resulting in a 50% operating deficit.

Mission

A BROADER WAY FOUNDATION'S BASIC GOAL IS AMPLIFYING THE POWER OF YOUNG WOMEN THROUGH THE ARTS. THE FOUNDATION IS DEDICATED TO USING THE BEAUTY, EXPERIENCE, DISCIPLINE, JOY, ENERGY, AND SPIRIT OF THE ARTS TO DEVELOP FUTURE LEADERS. OUR PARTICIPANTS SHARPEN THEIR TOOLS TO UNDERSTAND AND APPRECIATE THEMSELVES AS INDIVIDUALS AND AS MEMBERS OF A COMMUNITY. THESE YOUNG WOMEN WILL US THEIR LEASERSHIP SKILLS TO ADDRESS THE SOCIAL IMBALANCES DUE TO RACE, CLASS, AND GENDER THAT EXIST THROUGHOUT THE WORLD TODAY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $225,447
Program Service Revenue $0
Investment Income $6,980
Other Revenue $0
TOTAL REVENUE $232,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,660
Fundraising Expenses $0
Program Expenses $260,743
Other Expenses $236,122
TOTAL EXPENSES $349,782

Year-over-Year Comparison

2024 2023 Change
Revenue $232,427 $483,046 -0.5%
Expenses $349,782 $668,019 -0.5%
Net Income $-117,355 $-184,973 -0.4%
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

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Governance

Voting Members
14
Independent Members
14
Employees
29
Volunteers
N/A

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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IDINA MENZEL PRESIDENT 1.00
Officer Director
$0 $0 $0
BURTON GOLDSTEIN TREASURER 1.00
Officer Director
$0 $0 $0
HEATHER ZUCKERMAN VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
PHILIP MCADOO TRUSTEE 1.00
Director
$0 $0 $0
MYRNA ZUCKERMAN TRUSTEE 3.00
Director
$0 $0 $0
ARCELL CABUAG TRUSTEE 1.00
Director
$0 $0 $0
MONICA SHERER TRUSTEE 1.00
Director
$0 $0 $0
CINDY CITRONE TRUSTEE 1.00
Director
$0 $0 $0
SARAH DAVIDOFF TRUSTEE 1.00
Director
$0 $0 $0
KEVIN GORE TRUSTEE 1.00
Director
$0 $0 $0
TENNILLE MACK TRUSTEE 1.00
Director
$0 $0 $0
COLLEEN COOK TRUSTEE 1.00
Director
$0 $0 $0
SALLY DAVIS TRUSTEE 1.00
Director
$0 $0 $0
AYODELE CASEL TRUSTEE 1.00
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
2024 $232,427 $349,782 $244,788 $-117,355
2023 $483,046 $668,019 $329,319 $-184,973
2022 $384,873 $511,648 $479,834 $-126,775
2021 $869,426 $435,991 $698,472 $433,435
2020 $236,777 $419,365 $274,033 $-182,588
2019 $645,794 $634,764 $349,223 $11,030
2018 $503,702 $693,498 $295,494 $-189,796
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