New York, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SoHarlem Inc, founded in 2014, is a small nonprofit in the Human Services sector that reported $496K in total revenue in fiscal year 2025. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $564K exceeded revenue, resulting in a 14% operating deficit.
Our mission as a place-based social enterprise connects people living in poverty with cultural industry opportunities that help them achieve economic self-sufficiency. To do this, we incubate creative entrepreneurs, and we train the workforce needed to sustain them. Vision: A thriving Harlem powered by creative entrepreneurs at the intersection of arts and commercebuilding on our legacy of equitable economic development since 2011.
Incubating Creative Entrepreneurs - Strengthening local artisans through visibility, mentorship, and retail opportunities.ReCouture Workshops: Hosted successful workshops for Met Members, where...
Incubating Creative Entrepreneurs - Strengthening local artisans through visibility, mentorship, and retail opportunities.ReCouture Workshops: Hosted successful workshops for Met Members, where SoHarlem designers taught participants how to upcycle old garments into bespoke pieces.Cultural Tourism: Creative Entrepreneurs Doris Prester and Debbie Quinones led sold-out walking tours of East and West Harlem, highlighting the "Innovation Triangle," the Factory District, and the rich labor and civil rights history of El Barrio.Innovation Triangle Activation: Partnered with the West Harlem Arts Alliance (WHAA) for a month-long showcase at the Taystee Lab Building.o Noah Ortiz led "no-sew" design demos.o Kenny Allen (Hollywood-Babylon) screened his award-winning film, Dapper Dan: Dont Hate the Players, Change the Game.o Gladys Perez provided live sewing instruction to the public.Met-Inspired Window Displays: * "A Nod to Superfine": Featured Noah Ortiz (Art in Heaven), who showcased an upcycled contemporary Dandyism jacket using materials donated by Dapper Dan, and Walter Joe Dixon (ATASHI), who presented designs featuring exquisite brocade textiles.The Beauty of Home Decor": A collaboration between Olivia Smashum (Blue Olive) and Teniade Morenike Fann (Naija Fly Fabrics). The display featured unique pillows incorporating heritage textiles donated by the late Susan Stauber and Valerie Deas.ILGWU Tribute: Celebrated labor history with a display featuring the International Ladies Garment Workers Union (ILGWU) imprint, alongside West African ethical fair-trade fabrics from Naija Fly Fabrics.Designer Spotlight: Andres Biel (IFLYUNIVERSE): Welcomed back former apprentice Andres Biel as a Guest Artist. Biel, winner of the Harlem Fashion Week Emerging Designer Competition, transitioned from a SoHarlem apprentice (2019-2021) to a successful high-end streetwear designer. In a full-circle moment, he now teaches at the Henry Street Settlement where his journey began.The Designer as Educator: Piloting Fashion's Next Generation We also spotlight Walter Dixon, SoHarlem Design Apprentice and ATASHI Creative Director, and help market his newly launched, Walter Joe Sewing and Fashion Classes at the High School of Fashion Industries.Media Spotlight: Through our communications efforts, Walter Dixon was featured in CanvasRebel, a national magazine dedicated to the stories of visionary creatives and entrepreneurs. Part of the Voyage Group of Magazines, the feature highlights Walters journey and his impact on the Harlem creative community.From Studio to Runway & Stage:o Stage Production: Sewist Margarita Ayala and Designer Javier Valencia were commissioned to create the full costume lineup for Elf The Musical.o Exhibitions: Assisted Gladys Perez in securing a spot in the Threaded Realities exhibition at the Kota Alliance, where she showcased her upcycled millinery works.Designer Hub Membership: Launched an affordable Studio Membership Program ($200$400/year) to provide sustainable workspace and services to local artisans.New Collective Members: Welcomed Imani (Cre8tive Soles 4 U), who specializes in repurposed, individualistic footwear.Designers 2024 Holiday Season was extended at Columbia Universitys Forums until January 30, 2025. This accessible street-level location impacted the designer pop-ups filled with joy, community, and festive gifts.Following designer Javier Valencias appointment as Creative Director for Black Smoke (Shoot for the Stars Foundation), SoHarlem co-hosted a live-streamed Holiday Fashion Show. The event successfully connected our Creative Entrepreneurs with new markets and celebrated the intersection of Harlems music and fashion scenes.
Creative Economy Training Institute - Cultivating the next generation of cultural workersDapper Dans Dream-Connection: Piloted a 12-week intensive apprenticeship for young entrepreneurs.Participants...
Creative Economy Training Institute - Cultivating the next generation of cultural workersDapper Dans Dream-Connection: Piloted a 12-week intensive apprenticeship for young entrepreneurs.Participants received technical training in garment construction and business mentorship.Success Stories: Nelvin De La Rosa (accepted to college; working part-time at SoHarlem), Zaire Benjamin (promoted to Design & Studio Apprentice), Ashley Best (now at FIT), and Dean Delfante (hired by Banana Republic).Recruitment Partners: Collaborated with Rambler Studios, Shoot for the Stars Foundation (founded by Audrey Jackson), and Avenues for Justice to identify at-risk youth with a passion for design.The Future of Fashion (3D Tech): Under the leadership of Noah Ortiz, SoHarlem is developing a 3D-enabled workforce program to bridge traditional artisan craft with digital fashion technology.Expanded footprint through cultural and environmental cultural collaboration Climate Week & Gotham Foundry: Partnered with neighbors Gotham Foundry to showcase upcycled creations by young designers, highlighting the intersection of biofabrication and sustainable fashion in West Harlem.Urban Tech & Green Spaces: Amsterdam Greenstreet: Collaborated with the City Parks Department to restore the West 126th St & Amsterdam Ave corridor with new flora and fencing.Smart Streetscapes (CS3): Participated in Columbia Universitys Augmented Reality (AR) workshops to help design tech-enabled public spaces that preserve neighborhood history.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $495,912 | $925,723 | -0.5% |
| Expenses | $563,512 | $862,513 | -0.3% |
| Net Income | $-67,600 | $63,210 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Deirdre Washington | Secretary | 2.00 |
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$0 | $0 | $0 |
| Jessica Tomb | Chairwoman | 2.00 |
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$0 | $0 | $0 |
| Barbara Lee Morgan | Member | 1.00 |
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$0 | $0 | $0 |
| Janet Rodriguez | Member | 5.00 |
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$0 | $0 | $0 |
| Frederick Quenzer | Treasurer | 2.00 |
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$0 | $0 | $0 |
| Tanya Melendez Escalante | Member | 1.00 |
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$0 | $0 | $0 |
| Janet Rodriguez | CEO | 40.00 |
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $495,912 | $563,512 | $87,811 | $-67,600 |
| 2024 | No data | No data | No data | No data |
| 2023 | $936,165 | $1,021,501 | $86,911 | $-85,336 |
| 2022 | $974,739 | $1,171,806 | $174,388 | $-197,067 |
| 2021 | $931,261 | $643,018 | $371,577 | $288,243 |
| 2020 | $235,226 | $222,081 | $133,109 | $13,145 |
| 2019 | $202,513 | $196,724 | $69,964 | $5,789 |
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