CHILDRENS COMMUNITY SERVICES INC

EIN: 300820570 501(c)(3)

JAMAICA, NY

Total Revenue
$915
Total Expenses
$219,001
Total Assets
$623,415
Net Assets
$-54,430,200
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
MILTON SCHWARTZ
Phone
9294800030
Tax Period
2022-07-01 to 2023-06-30

CHILDRENS COMMUNITY SERVICES INC, founded in 2014, is a micro nonprofit that reported $915 in total revenue in fiscal year 2022. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $219K exceeded revenue, resulting in a 23835% operating deficit.

Mission

CHILDRENS COMMUNITY SERVICES, INC. ("CCS") WAS A NONPROFIT ORGANIZATION DEDICATED TO IMPROVING THE LIVES OF FAMILIES WITHIN OUR COMMUNITIES. OUR PROGRAMS PROVIDED EMERGENCY SHELTER AND SOCIAL SERVICES TO FAMILIES WITH CHILDREN, MALE SINGLE ADULTS AND FEMALE SINGLE ADULTS. WE ALSO PROVIDED STAND ALONE TRANSITIONAL RESIDENCES FOR HOMELESS FAMILIES AND SINGLES ADULTS.WE PROVIDED SUPPORT AND RESOURCES NECESSARY TO PROMOTE SELF-SUFFICIENCY AND INDEPENDENT LIVING SKILLS FOR FAMILIES AND CHILDREN. CCS COLLABORATED WITH CLIENTS TO HELP THEM DEVELOP INDEPENDENT LIVING PLANS; PROVIDING REFERRALS FOR SERVICES AND ADVOCACY WHERE APPROPRIATE, AND MONITORING PROGRESS. CCS MANAGED AND MONITORED RAPID REHOUSING/TRANSITION-IN-PLACE PROGRAMS FOR FAMILIES, DIRECT INTEGRATION INTO THE COMMUNITY AND PERMANENCY IN HOUSING. CHILDREN COMMUNITY SERVICES OFFERED A CONTINUUM OF CARE FOR ALL STAGES OF OUR CLIENTS LIVES, ULTIMATELY LEADING TO INDEPENDENCE. EFFECTIVE APRIL 2021, CCS CEASED OPERATION

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $915
TOTAL REVENUE $915

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $219,001
TOTAL EXPENSES $219,001

Year-over-Year Comparison

2022 2021 Change
Revenue $915 $6,520 -0.9%
Expenses $219,001 $1,734,618 -0.9%
Net Income $-218,086 $-1,728,098 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
2
$134,751
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILTON SCHWARTZ START 0122 TEMPORARY RECEIVER/CEO 40.00
Officer
$118,065 $0 $118,065
SETH MURASKIN CHIEF OPERATING OFFICER 3.00
Officer
$16,686 $0 $16,686
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 No data No data No data No data
2023 $915 $219,001 $623,415 $-218,086
2022 $6,520 $1,734,618 $1,451,947 $-1,728,098
2021 $61,833,370 $60,680,775 $16,204,658 $1,152,595
2020 $176,051,272 $187,296,042 $11,451,199 $-11,244,770
2019 $201,747,948 $203,492,976 $66,412,936 $-1,745,028
2018 $165,655,175 $165,033,635 $59,442,591 $621,540
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