URBAN REBOUND INITIAVES INC

EIN: 465177463 501(c)(3) Human Services

Albany, NY

Total Revenue
$1,967,667
Total Expenses
$2,698,345
Total Assets
$1,375,417
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
SAMUEL AGYEMANG
Phone
6467394149
Tax Period
2024-01-01 to 2024-12-31

URBAN REBOUND INITIAVES INC, founded in 2014, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $2.7M exceeded revenue, resulting in a 37% operating deficit.

Mission

To help the victims of disasters, poor, destitute and uninformed in the New York Metropolitan Area in particular, and New York State in general with free referral services specific to thier needs.

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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 $0
Program Service Revenue $1,967,667
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,967,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,088,406
Fundraising Expenses $0
Other Expenses $555,746
TOTAL EXPENSES $2,698,345

Year-over-Year Comparison

2024 2023 Change
Revenue $1,967,667 $1,363,566 +0.4%
Expenses $2,698,345 $1,495,463 +0.8%
Net Income $-730,678 $-131,897 +4.5%
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
9
Independent Members
N/A
Employees
43
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
7
$0
Total Directors
4
$0
Key Employees
4
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARIMAH AMOATENG CHAIRMAN N/A
Officer Director Key Emp
$0 $0 $0
ELIZABETH ADDAE FOUNDER N/A
Officer Director
$0 $0 $0
BETTY ASARE FOUNDER N/A
Officer Director
$0 $0 $0
BETTY ASARE FOUNDER N/A
Officer Director
$0 $0 $0
SAMUEL AGYEMANG CEO 040.00
Officer Key Emp
$0 $0 $0
SAMUEL ASAMOAH CFO 040.00
Officer Key Emp
$0 $0 $0
KIMBERLY JONES COO 040.00
Officer Key Emp
$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 $1,967,667 $2,698,345 $1,375,417 $-730,678
2023 $1,363,566 $1,495,463 $1,102,515 $-131,897
2019 No data No data No data No data
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