EAST NORTHPORT, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GENERAL NEEDS LTD, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $357K in total revenue in fiscal year 2025. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $477K exceeded revenue, resulting in a 33% operating deficit.
TO PROVIDE THE BASIC NECESSITIES OF LIFE THROUGH FINANCIAL AND MATERIAL DONATIONS TO THE HOMELESS AND VETERANS IN NEED.
THE ORGANIZATION USED DONATIONS RECEIVED TO PURCHASE AND DISTRIBUTE CLOTHING AND FOOD FOR THE HOMELESS AND VETERANS IN NEED. IN ADDITION, THE ORGANIZATION DISTRIBUTES BEDS AND HOUSEHOLD APPLIANCES...
THE ORGANIZATION USED DONATIONS RECEIVED TO PURCHASE AND DISTRIBUTE CLOTHING AND FOOD FOR THE HOMELESS AND VETERANS IN NEED. IN ADDITION, THE ORGANIZATION DISTRIBUTES BEDS AND HOUSEHOLD APPLIANCES MONTHLY TO VETERANS MOVING INTO THEIR NEW HOMES. DURING THE YEAR THE ORGANIZATION HELPED MORE THAN 6800 PEOPLE.
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 | $357,217 | $534,537 | -0.3% |
| Expenses | $476,790 | $403,085 | +0.2% |
| Net Income | $-119,573 | $131,452 | -1.9% |
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 |
|---|---|---|---|---|---|---|
| LONNIE SHERMAN | PRESIDENT | 40.00 |
Officer
Director
|
$47,667 | $0 | $47,667 |
| SUSAN SHERMAN | VICE PRESIDENT | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA AZZARA | TREASURER | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATRINA ZENDRIAN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $357,217 | $476,790 | $479,823 | $-119,573 |
| 2024 | $534,537 | $403,085 | $595,044 | $131,452 |
| 2023 | $223,061 | $309,027 | $473,359 | $-85,966 |
| 2023 | $223,061 | $313,427 | $473,359 | $-90,366 |
| 2022 | $414,689 | $220,407 | $514,184 | $194,282 |
| 2021 | $192,772 | $141,569 | $293,188 | $51,203 |
| 2020 | $209,867 | $173,366 | $241,985 | $36,501 |
Compare GENERAL NEEDS LTD with other nonprofits in New York and across the country.