THE CORBIN HILL FOOD PROJECT INC

EIN: 461206478 501(c)(3) Food, Agriculture & Nutrition

NEW YORK, NY

Total Revenue
$3,378,965
Total Expenses
$1,604,819
Total Assets
$2,638,514
Net Assets
$2,517,742
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
ISMAIL SAMAD
Phone
9172747880
Tax Period
2024-01-01 to 2024-12-31

THE CORBIN HILL FOOD PROJECT INC, founded in 2011, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 240% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 53% operating margin.

Mission

OUR INNOVATIVE, COMMUNITY-DRIVEN INITIATIVES INCREASE ACCESS TO AFFORDABLE, FRESH PRODUCE WHILE LEVERAGING PURCHASING POWER-CREATING ECONOMIC OPPORTUNITIES FOR BIPOC GROWERS AND PRODUCERS. BUILD A NEW FOOD SYSTEM THAT IS TRANSFORMATIVE, INCLUSIVE, AND EQUITABLE WHERE OUR COMMUNITIES THRIVE.

Program Service Accomplishments

Program 1
Expenses: $956,979 Revenue: $123,767

The Corbin Hill Food Project , Inc. CHFP is a nonprofit organization that provides fresh food from farmers Upstate New York to the urban areas of New York City.

Program 2
Expenses: $379,798 Revenue: $7,591

The Corbin Hill Food Project, Inc. CHFP was awarded two USDA Food As Medicine grants to distribute food, educate program participants, evaluate program progress and document results of fresh produce...

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The Corbin Hill Food Project, Inc. CHFP was awarded two USDA Food As Medicine grants to distribute food, educate program participants, evaluate program progress and document results of fresh produce effects on various health conditions.

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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 $3,254,494
Program Service Revenue $118,775
Investment Income $5,696
Other Revenue $0
TOTAL REVENUE $3,378,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $669,245
Fundraising Expenses $111,321
Program Expenses $1,336,777
Other Expenses $935,574
TOTAL EXPENSES $1,604,819

Year-over-Year Comparison

2024 2023 Change
Revenue $3,378,965 $993,126 +2.4%
Expenses $1,604,819 $1,268,920 +0.3%
Net Income $1,774,146 $-275,794 -7.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
14
Volunteers
30

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
$82,117
Total Directors
8
$82,117
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ISMAIL SAMAD EXECUTIVE DIRECTOR 040.00
Officer Director
$82,117 $0 $82,117
FREDERIC WESSLER SECRETARY 002.00
Officer Director
$0 $0 $0
MARK REED CHAIR TREASURER 002.00
Officer Director
$0 $0 $0
SAVI HORNE BOARD MEMBER 002.00
Director
$0 $0 $0
YOLANDE CADORE BOARD MEMBER 002.00
Director
$0 $0 $0
RHYS POWELL BOARD MEMBER 002.00
Director
$0 $0 $0
KAREN BACKUS BOARD MEMBER 002.00
Director
$0 $0 $0
RAFAEL APONTE BOARD MEMBER 002.00
Director
$0 $0 $0
MARTIN GRELLER BOARD MEMBER 002.00
$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 No data No data No data No data
2024 $3,378,965 $1,604,819 $2,638,514 $1,774,146
2023 $993,126 $1,268,920 $867,681 $-275,794
2022 $423,763 $796,953 $1,075,616 $-373,190
2021 $1,457,988 $960,248 $1,426,173 $497,740
2020 $2,958,874 $2,210,476 $1,053,315 $748,398
2019 $772,774 $813,013 $267,555 $-40,239
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