VORAS ENTERPRISE INC

EIN: 461127108

Brooklyn, NY

Total Revenue
$7,422,038
Total Expenses
$2,323,912
Total Assets
N/A
Net Assets
N/A
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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
2012
Legal Domicile
NY
Tax Period
2019-01-01 to 2019-12-31

VORAS ENTERPRISE INC, founded in 2012, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2019. Revenue surged 1957% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.1M, a strong 69% operating margin.

Mission

TO PROVIDE COMMUNITY DEVELOPMENT SERVICES WITHIN THE BEDFORD STUYVESANT AREA OF BROOKLYN.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $202,376
Investment Income $0
Other Revenue $7,219,662
TOTAL REVENUE $7,422,038

Expense Breakdown

Grants Paid $422,563
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $617,575
Other Expenses $1,901,349
TOTAL EXPENSES $2,323,912

Year-over-Year Comparison

2019 2018 Change
Revenue $7,422,038 $360,731 +19.6%
Expenses $2,323,912 $299,065 +6.8%
Net Income $5,098,126 $61,666 +81.7%
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
3
Independent Members
1
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
1
$297,231
Total Directors
3
$472,231
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFERY E DUNSTON CHAIRPERSON 2.00
Officer Director
$0 $0 $297,231
ELLIOT ROBINSON BOARD MEMBER - TREASURER 2.00
Director
$0 $0 $0
NATHAN MONTGOMERY BOARD MEMBER - SECRETARY 1.00
Director
$0 $0 $175,000
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
2019 $7,422,038 $2,323,912 No data $5,098,126
2018 $360,731 $299,065 $6,604,659 $61,666
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