DOMINICAN DAY PARADE INC

EIN: 473537708 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$665,935
Total Expenses
$664,400
Total Assets
$167,890
Net Assets
$167,890
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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
NY
Principal Officer
WILTON CEDENO
Phone
9179139001
Tax Period
2023-01-01 to 2023-12-31

DOMINICAN DAY PARADE INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $666K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum.

Mission

SEE ORGANIZATION MISSION ON SCHEDULE O

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $665,935
Investment Income $0
Other Revenue $0
TOTAL REVENUE $665,935

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $16,482
Program Expenses $590,276
Other Expenses $664,400
TOTAL EXPENSES $664,400

Year-over-Year Comparison

2023 2022 Change
Revenue $665,935 $453,375 +0.5%
Expenses $664,400 $524,448 +0.3%
Net Income $1,535 $-71,073 -1.0%
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
13
Independent Members
13
Employees
N/A
Volunteers
14

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
13
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRISTINA CONTRERAS CHAIR 15.00
Officer Director
$0 $0 $0
MARIA KHURY MEMBER 10.00
Officer Director
$0 $0 $0
WILTON CEDENO IMMEDIATE PAST CHAIR 15.00
Officer Director
$0 $0 $0
LEONARDO IVAN DOMINGUEZ 2ND VICEPRESIDENT 10.00
Officer Director
$0 $0 $0
JOSE RAMON MARTINEZ 1ST VICE PRESIDENT 7.00
Officer Director
$0 $0 $0
MARIA OSORIO SECRETARY 4.00
Officer Director
$0 $0 $0
MARIA LIZARDO MEMBER 12.00
Officer Director
$0 $0 $0
YSMAEL DECASTRO CHAIR AUDIT COMMITTEE 3.00
Officer Director
$0 $0 $0
ALEXANDER NUNEZ CO-CHAIR SCHOLARSHIP CPMMITEE 12.00
Officer Director
$0 $0 $0
DORIAN ROJAS CHAIR, DEVELOPMENT COMMITTEE 10.00
Officer Director
$0 $0 $0
BERNARDO RODRIGUEZ CHAIR, VOLUNTEER COMMITTEE 3.00
Officer Director
$0 $0 $0
GREGORIA FELICIANO BOARD MEMBER 5.00
Officer Director
$0 $0 $0
MANNY SAEZ TREASURER 5.00
Officer 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
2024 No data No data No data No data
2023 $665,935 $664,400 $167,890 $1,535
2022 $453,375 $524,448 $173,460 $-71,073
2021 $193,297 $282,307 $242,032 $-89,010
2020 $121,478 $129,617 $331,040 $-8,139
2019 $334,280 $346,112 $339,783 $-11,832
2018 $373,196 $306,126 $358,613 $67,070
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