FRIENDS OF BROOKLYN QUEENS CONNECTOR INC

EIN: 473405125 501(c)(3)

BROOKLYN, NY

Total Revenue
$529,003
Total Expenses
$570,906
Total Assets
$59,958
Net Assets
$45,489
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
CHRISTOPHER TORRES
Phone
3478750332
Tax Period
2021-01-01 to 2021-12-31

FRIENDS OF BROOKLYN QUEENS CONNECTOR INC, founded in 2015, is a small nonprofit that reported $529K in total revenue in fiscal year 2021. Revenue fell 50% from the prior year — a significant decline worth monitoring.

Mission

TO GENERATE NEW EMPLOYMENT OPPORTUNITIES AND ECONOMIC DIVERSITY ALONG THE EAST RIVER WATERFRONT CORRIDOR IN NEW YORK CITY BY FOSTERING AND SUPPORTING EFFORTS FOR ADDITIONAL VIABLE TRANSIT OPTIONS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $529,003
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $529,003

Expense Breakdown

Grants Paid $0
Salaries & Benefits $436,917
Fundraising Expenses $18,628
Program Expenses $450,573
Other Expenses $133,989
TOTAL EXPENSES $570,906

Year-over-Year Comparison

2021 2020 Change
Revenue $529,003 $1,050,000 -0.5%
Expenses $570,906 $951,889 -0.4%
Net Income $-41,903 $98,111 -1.4%
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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Governance

Voting Members
45
Independent Members
45
Employees
5
Volunteers
45

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
10
$136,359
Total Directors
44
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JED WALENTAS CHAIRPERSON 2.00
Officer Director
$0 $0 $0
CARLO SCISSURA VICE-CHAIR 2.00
Officer Director
$0 $0 $0
ELIZABETH LUSSKIN VICE-CHAIR 2.00
Officer Director
$0 $0 $0
JUKAY HSU VICE-CHAIR 2.00
Officer Director
$0 $0 $0
MICHELLE DE LA UZ VICE-CHAIR 2.00
Officer Director
$0 $0 $0
PAUL STEELY WHITE VICE-CHAIR 2.00
Officer Director
$0 $0 $0
TOM WRIGHT VICE-CHAIR 2.00
Officer Director
$0 $0 $0
RANDY PEERS TREASURER 2.00
Officer Director
$0 $0 $0
CLAUDIA COGER SECRETARY 2.00
Officer Director
$0 $0 $0
ALEX GARVIN DIRECTOR 2.00
Director
$0 $0 $0
ALEXANDRIA SICA DIRECTOR 2.00
Director
$0 $0 $0
ANDREW KIMBALL DIRECTOR 2.00
Director
$0 $0 $0
ANNETTE JURIACO DIRECTOR 2.00
Director
$0 $0 $0
ANTHONY LOPEZ DIRECTOR 2.00
Director
$0 $0 $0
ANTHONY SOSA DIRECTOR 2.00
Director
$0 $0 $0
APRIL SIMPSON DIRECTOR 2.00
Director
$0 $0 $0
BISHOP MITCHELL TAYLOR DIRECTOR 2.00
Director
$0 $0 $0
BRANDON NELSON DIRECTOR 2.00
Director
$0 $0 $0
CARMELO ANTHONY DIRECTOR 2.00
Director
$0 $0 $0
CAROL WILKINS DIRECTOR 2.00
Director
$0 $0 $0
CAROLINE SAMPONARO DIRECTOR 2.00
Director
$0 $0 $0
DANIEL SQUADRON DIRECTOR 2.00
Director
$0 $0 $0
DAROLD BURGESS DIRECTOR 2.00
Director
$0 $0 $0
DAVID ROSEN DIRECTOR 2.00
Director
$0 $0 $0
DOUG STEINER DIRECTOR 2.00
Director
$0 $0 $0
ERIN GABRIELLI DIRECTOR 2.00
Director
$0 $0 $0
FR ROBERTO VITAGLIONE DIRECTOR 2.00
Director
$0 $0 $0
FRANCES BROWN DIRECTOR 2.00
Director
$0 $0 $0
FRED WILSON DIRECTOR 2.00
Director
$0 $0 $0
GAIL MELLOW DIRECTOR 2.00
Director
$0 $0 $0
ISABELLA LEE DIRECTOR 2.00
Director
$0 $0 $0
JAY WALDER DIRECTOR 2.00
Director
$0 $0 $0
JOE LHOTA DIRECTOR 2.00
Director
$0 $0 $0
JOHN RUDIKOFF DIRECTOR 2.00
Director
$0 $0 $0
JORDAN BAROWITZ DIRECTOR 2.00
Director
$0 $0 $0
JULIE TIGHE DIRECTOR 2.00
Director
$0 $0 $0
MARC AGGER DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL KAYE DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL RUDIN DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL RUIZ DIRECTOR 2.00
Director
$0 $0 $0
REGINA MYER DIRECTOR 2.00
Director
$0 $0 $0
TOBA POTOSKY DIRECTOR 2.00
Director
$0 $0 $0
TOM GRECH DIRECTOR 2.00
Director
$0 $0 $0
TUCKER REED DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER TORRES EXECUTIVE DIRECTOR 40.00
Officer
$125,326 $11,033 $136,359
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
2021 $529,003 $570,906 $59,958 $-41,903
2020 $1,050,000 $951,889 $101,861 $98,111
2019 $1,250,247 $1,424,146 $25,259 $-173,899
2018 $1,205,902 $1,141,131 $207,086 $64,771
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