NYC NOWC Inc

EIN: 465245034 Community Improvement

Elmhurst, NY

Total Revenue
$635,374
Total Expenses
$627,061
Total Assets
$443,300
Net Assets
$38,814
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Phone
6464578154
Tax Period
2022-07-01 to 2023-06-30

NYC NOWC Inc, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $635K in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year.

Mission

The NYC Network of Worker Cooperatives is dedicated to sharing and cultivating the educational, financial, and technical resources of its members and supporting the growth of worker cooperatives for social and economic justice. We offer assistance to existing and new worker cooperatives in all communities within the New York City metropolitan area, with a focus on the development of cooperatives within marginalized communities.

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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 (2022)

Revenue Breakdown

Contributions & Grants $554,281
Program Service Revenue $80,892
Investment Income $196
Other Revenue $5
TOTAL REVENUE $635,374

Expense Breakdown

Grants Paid $0
Salaries & Benefits $410,573
Fundraising Expenses $45,999
Program Expenses $458,421
Other Expenses $216,488
TOTAL EXPENSES $627,061

Year-over-Year Comparison

2022 2021 Change
Revenue $635,374 $680,623 -0.1%
Expenses $627,061 $684,584 -0.1%
Net Income $8,313 $-3,961 -3.1%
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
9
Employees
6
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
$82,842
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Saduf Syal Coord Director 30.00
Officer
$75,637 $7,205 $82,842
Felix Gardon Vice Chair 1.00
Director
$0 $0 $0
Patricia Alejandro Chairperson 1.00
Director
$0 $0 $0
Tehmina Brohi Board member 1.00
Director
$0 $0 $0
Myla Flores Board member 1.00
Director
$0 $0 $0
Nicole Rodriguez Treasurer 1.00
Director
$0 $0 $0
Dalaeja Foreman Secretary 1.00
Director
$0 $0 $0
Mohammad Hassan BOARD MEMBER 1.00
Director
$0 $0 $0
Kazembe Balagun BOARD MEMBER 1.00
Director
$0 $0 $0
Julian Hill BOARD MEMBER 1.00
Director
$0 $0 $0
Sarah Lopez BOARD MEMBER 1.00
Director
$0 $0 $0
Emily Ramos BOARD MEMBER 1.00
Director
$0 $0 $0
Aldo Ulisses Resndiz Ramrez Board member 1.00
Director
$0 $0 $0
Michelle Saenz BOARD MEMBER 1.00
Director
$0 $0 $0
Mosa Tsay BOARD MEMBER 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $635,374 $627,061 $443,300 $8,313
2022 $680,623 $684,584 $334,180 $-3,961
2021 $543,467 $549,071 $386,620 $-5,604
2020 $566,501 $576,010 $417,279 $-9,509
2019 $490,265 $491,058 $348,558 $-793
2018 $375,833 $337,455 $266,650 $38,378
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