Hudson Valley Current Inc

EIN: 464836595 501(c)(3) Community Improvement

Kingston, NY

Total Revenue
$612,938
Total Expenses
$550,930
Total Assets
$88,577
Net Assets
$-56,139
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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
2014
Legal Domicile
NY
Principal Officer
Christopher Hewitt
Phone
8456632286
Tax Period
2023-01-01 to 2023-12-31

Hudson Valley Current Inc, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $613K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $551K left a modest 10% surplus.

Mission

TO PROMOTE LOCAL COMMUNITY BUILDING THROUGH SUSTAINABLE ECONOMIC DEVELOPMENT AND TO HELP FEED THE NEED IN OUR COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $459,394
Program Service Revenue $141,783
Investment Income $10,258
Other Revenue $1,503
TOTAL REVENUE $612,938

Expense Breakdown

Grants Paid $0
Salaries & Benefits $171,850
Fundraising Expenses $7,600
Program Expenses $403,943
Other Expenses $379,080
TOTAL EXPENSES $550,930

Year-over-Year Comparison

2023 2022 Change
Revenue $612,938 $397,220 +0.5%
Expenses $550,930 $414,222 +0.3%
Net Income $62,008 $-17,002 -4.6%
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
6
Independent Members
5
Employees
9
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
4
$105,021
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Fenichel-Hewitt Executive Director 040.00
Officer
$105,021 $0 $105,021
David McCarthy Board Chair 000.50
Officer Director
$0 $0 $0
Shaniqua Bowden Secretary 000.50
Officer Director
$0 $0 $0
Michael Caslin Treasurer 000.50
Officer Director
$0 $0 $0
Ron Kim Board Member 000.50
Director
$0 $0 $0
Kaustubh Wahal Board Member 000.50
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 No data No data No data No data
2023 $612,938 $550,930 $88,577 $62,008
2022 $397,220 $414,222 $33,474 $-17,002
2021 $353,206 $288,083 $39,766 $65,123
2020 $330,300 $352,229 $25,820 $-21,929
2020 $441,424 $544,143 $31,338 $-102,719
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