CRISTO REY NEW YORK CORPORATE WORK STUDY PROGRAM INC

EIN: 412127217 501(c)(3) Education

NEW YORK, NY

Total Revenue
$2,130,049
Total Expenses
$2,399,901
Total Assets
$37,309
Net Assets
$-108,056
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
DANIEL T DOUGHERTY
Phone
2129967000
Tax Period
2024-07-01 to 2025-06-30

CRISTO REY NEW YORK CORPORATE WORK STUDY PROGRAM INC, founded in 2003, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.4M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE CRNY CORPORATE WORK STUDY PROGRAM ENABLES STUDENTS OF CRISTO REY NEW YORK HIGH SCHOOL (CRNYHS) TO ATTAIN REAL WORLD JOB EXPERIENCE AND ALLOWS STUDENTS TO WORK DURING THE SCHOOL YEAR IN ENTRY-LEVEL JOBS TO COVER APPROXIMATELY 40% OF THE COST OF THEIR EDUCATION.EACH STUDENT WORKS APPROXIMATELY EIGHT HOURS PER WEEK AT ONE OF THE 120+ CORPORATE AND COMMUNITY PARTNERS. CRNYCWSP ENDEAVORS TO PROVIDE STUDENTS WHO ARE QUALIFIED AND SKILLED IN THE AREAS IN WHICH THEIR SERVICES ARE TO BE BEST UTILIZED, SUCH AS DATA ENTRY, WORD PROCESSING, RECEPTION, FILING, COPYING AND THE LIKE.

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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 $393,675
Program Service Revenue $1,704,949
Investment Income $0
Other Revenue $31,425
TOTAL REVENUE $2,130,049

Expense Breakdown

Grants Paid $1,479,658
Salaries & Benefits $67,364
Fundraising Expenses $75,305
Program Expenses $2,159,770
Other Expenses $852,879
TOTAL EXPENSES $2,399,901

Year-over-Year Comparison

2024 2023 Change
Revenue $2,130,049 $1,948,020 +0.1%
Expenses $2,399,901 $2,313,657 +0.0%
Net Income $-269,852 $-365,637 -0.3%
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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Governance

Voting Members
22
Independent Members
20
Employees
23
Volunteers
113

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
6
$568,118
Total Directors
22
$417,569
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL T DOUGHERTY PRESIDENT, EX-OFFICIO 1.00
Officer Director
$0 $39,002 $260,110
CHARLES VIANA DIRECTOR OF ADVANCEMENT/SECRETARY 1.00
Officer Director
$0 $44,490 $157,459
JOHN ROGAN CHAIR 1.00
Officer Director
$0 $0 $0
CHRISTOPH HODGE VICE CHAIR 1.00
Officer Director
$0 $0 $0
MIGUEL LUGO JR VICE CHAIR 1.00
Officer Director
$0 $0 $0
FREDERICK BARNEY MEMBER 1.00
Director
$0 $0 $0
MARY-ALICE BARRETT MEMBER 1.00
Director
$0 $0 $0
ANNE BAUM MEMBER 1.00
Director
$0 $0 $0
BR ROBERT BIMONTE FSC MEMBER 1.00
Director
$0 $0 $0
TASHA BLACKMAN MEMBER 1.00
Director
$0 $0 $0
JEFF CIMINI MEMBER 1.00
Director
$0 $0 $0
JT FUCIGNA MEMBER 1.00
Director
$0 $0 $0
BR RICHARD GALVIN FSC MEMBER 1.00
Director
$0 $0 $0
ANTONIUS KUFFERATH MEMBER 1.00
Director
$0 $0 $0
JEAN-HUGUES MONIER MEMBER 1.00
Director
$0 $0 $0
NICHOLAS NAPOLITANO MEMBER 1.00
Director
$0 $0 $0
SHALONDA NEELEY-GUTIERREZ MEMBER 1.00
Director
$0 $0 $0
CATHERINE PETTY MEMBER 1.00
Director
$0 $0 $0
MICHAEL PRATT MEMBER 1.00
Director
$0 $0 $0
JACK RASLOWSKY MEMBER 1.00
Director
$0 $0 $0
PHILIP SALEM MEMBER 1.00
Director
$0 $0 $0
KATHLEEN ZORTMAN MEMBER 1.00
Director
$0 $0 $0
PATRICIA PAGE TREASURER/CFO 1.00
Officer
$0 $30,567 $150,549
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
2025 $2,130,049 $2,399,901 $37,309 $-269,852
2024 $1,948,020 $2,313,657 $248,796 $-365,637
2023 $2,008,410 $1,917,350 $527,433 $91,060
2022 $1,047,181 $610,808 $436,373 $436,373
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