CHANCES FOR CHILDREN - NY INC - Form 990 Financial Data

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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

2015

Legal Domicile

Principal Officer

FELICITY VON SUCK

Phone

3474537976

Tax Period

2024-01-01 to 2024-12-31

CHANCES FOR CHILDREN - NY INC, founded in 2015, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $708K, a strong 30% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO NURTURE THE STRENGTHS WITHIN PARENT-CHILD RELATIONSHIPS IN ORDER TO PROMOTE WELL-BEING AND HEALTHY DEVELOPMENT AND PROTECT CHILDREN FROM BIRTH TO AGE FIVE FROM THE IMPACT OF STRESS, ADVERSITY, AND TRAUMA.

Program Service Accomplishments

Program 1

Expenses: $1,181,472 Revenue: $7,650

PROVIDED CLINICAL GROUP AND DYADIC SERVICES FOR FAMILIES WITH YOUNG CHILDREN TO NURTURE THE STRENGTHS WITHIN PARENT-CHILD RELATIONSHIPS IN ORDER TO PROMOTE WELL-BEING AND HEALTHY DEVELOPMENT AND...

PROVIDED CLINICAL GROUP AND DYADIC SERVICES FOR FAMILIES WITH YOUNG CHILDREN TO NURTURE THE STRENGTHS WITHIN PARENT-CHILD RELATIONSHIPS IN ORDER TO PROMOTE WELL-BEING AND HEALTHY DEVELOPMENT AND PROTECT CHILDREN FROM BIRTH TO AGE FIVE FROM THE IMPACT OF STRESS, ADVERSITY, AND TRAUMA; SHARED PROGRAM RESULTS WITH OTHERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,242,995

Program Service Revenue $7,650

Investment Income $41,530

Other Revenue $30,909

TOTAL REVENUE $2,323,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,228,525

Fundraising Expenses $105,444

Program Expenses $1,181,472

Other Expenses $386,206

TOTAL EXPENSES $1,614,731

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,323,084	$1,045,388	+1.2%
Expenses	$1,614,731	$1,328,274	+0.2%
Net Income	$708,353	$-282,886	-3.5%

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

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

Total Directors

Key Employees

$379,272

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IRINA BABUSHKINA	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH BUCKNER	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA GREEN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID ORR	DIRECTOR	3.00	Director	$0	$0	$0
JACQUELINE SHANNON	DIRECTOR	1.00	Director	$0	$0	$0
ROSEMARY DOOLEY	SECRETARY & DIRECTOR	2.00	Officer Director	$0	$0	$0
JUSTIN GEE	TREASURER & DIRECTOR	2.00	Officer Director	$0	$0	$0
FELICITY VON SUCK	PRESIDENT & CHAIRPERSON	3.00	Officer Director	$0	$0	$0
NIKITA BANERJEA	DIRECTOR	1.00	Director	$0	$0	$0
ANTONIA BARBA	DIRECTOR	1.00	Director	$0	$0	$0
CALVIN CHUN	DIRECTOR	1.00	Director	$0	$0	$0
TONI HAUGH	DIRECTOR	1.00	Director	$0	$0	$0
SILVIA JUAREZ-MARAZZO	CO-EXEC DIR CLINICAL	40.00	Key Emp	$180,335	$0	$180,335
LILLIAN ROUNTREE	CO-EXECUTIVE DIRECTOR	40.00	Key Emp	$198,937	$0	$198,937
HILLARY MAYERS	DIRECTOR	15.00		$38,153	$0	$38,153

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	$2,323,084	$1,614,731	$2,937,403	$708,353
2023	$1,045,388	$1,328,274	$1,399,237	$-282,886
2022	$1,051,884	$1,143,794	$1,679,653	$-91,910
2021	$1,510,818	$815,111	$1,781,075	$695,707
2020	$1,083,155	$585,567	$1,076,093	$497,588
2019	$745,088	$706,664	$563,982	$38,424
2018	$642,154	$687,370	$524,955	$-45,216

CHANCES FOR CHILDREN - NY INC