Hudson Valley Current Inc

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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

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

Program Service Accomplishments

Program 1

Expenses: $272,510 Revenue: $136,759

Satisfy Hunger Campign - Cafe and market with a portion of proceeds used to help needy people in the community and promote member goods.

Program 2

Expenses: $50,464 Revenue: $5,024

Monthly publication promoting memebers and current events

Program 3

Expenses: $80,969

Circulation of local barter credit in the 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%)

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

Governance

Voting Members

Independent Members

Employees

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

$105,021

Total Directors

Key Employees

Highest Compensated

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