FRIENDS OF NEW YORK CITY NURSE FAMILY PARTNERSHIP

EIN: 474519333 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$391,044
Total Expenses
$433,875
Total Assets
$213,184
Net Assets
$208,729
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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
KARIN ROMANS
Phone
9174262695
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF NEW YORK CITY NURSE FAMILY PARTNERSHIP, founded in 2015, is a small nonprofit in the Health Care sector that reported $391K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $434K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO IMPROVE THE LIVES MOTHERS AND BABIES BY SUPPORTING THE NEW YORK CITY NURSE-FAMILY PARTNERSHIP PROGRAM (NYC NFP)THROUGH FINANCIAL ASSISTANCE TO ENABLE MOTHERS' SELF-SUFFICIENCY, INCREASE SOCIAL AND COMMUNITY CONNECTIONS, AND PROVIDE PROFESSIONAL DEVELOPMENT FOR NURSES.

Program Service Accomplishments

Program 1
Expenses: $194,021

HEART'S DESIRE AWARDS - THE HEART'S DESIRE FUND MAKES IT POSSIBLE FOR VULNERABLE MOTHERS TO PURSUE POST-SECONDARY EDUCATION. THE ORGANIZATION REVIEWS ESSAYS FROM INTERESTED MOTHERS AND LETTERS OF...

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HEART'S DESIRE AWARDS - THE HEART'S DESIRE FUND MAKES IT POSSIBLE FOR VULNERABLE MOTHERS TO PURSUE POST-SECONDARY EDUCATION. THE ORGANIZATION REVIEWS ESSAYS FROM INTERESTED MOTHERS AND LETTERS OF RECOMMENDATION FROM THEIR NURSES, AND THEN CHANNELS MONEY FROM DONORS TO PAY TUITION AND NECESSARY ADDITIONAL RESOURCES SUCH AS METRO CARDS, LAPTOPS, BOOKS AND SHORT-TERM CHILD CARE. BY REMOVING THE FINANCIAL OBSTACLES THAT FACE THESE MOMS, DONORS EMPOWER THEM TO GAIN THE EDUCATION THAT WILL LAUNCH THEM ON A CAREER PATH AND BREAK THE CYCLE OF POVERTY. FINANCIAL ASSISTANCE ALSO REDUCES THEIR STRESS, FREEING THEM TO DEVOTE THEIR EMOTIONAL ENERGY AND ATTENTION TO THEIR CHILDREN DURING THE CRITICAL, EARLIEST YEARS.

Program 2
Expenses: $29,628

LEAP PROGRAMS - LEAP (LEARN, EAT AND PLAY) IS OUR GROUP PROGRAMMING DESIGNED TO BUILD PEER SUPPORT AND COMMUNITY, PROVIDE WORKSHOPS AND OTHER NEEDED PROGRAMS TO NEW MOMS, INCLUDING SESSIONS FOR...

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LEAP PROGRAMS - LEAP (LEARN, EAT AND PLAY) IS OUR GROUP PROGRAMMING DESIGNED TO BUILD PEER SUPPORT AND COMMUNITY, PROVIDE WORKSHOPS AND OTHER NEEDED PROGRAMS TO NEW MOMS, INCLUDING SESSIONS FOR CAREER DEVELOPMENT AND PROFESSIONAL SKILLS, MOM AND BABY BONDING, MATERNAL MENTAL HEALTH, AND MORE.

Program 3
Expenses: $35,368

NURSE PROGRAMS - PROFESSIONAL DEVELOPMENT AND RECOGNITION FOR NURSES IN THE FIELD

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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 $384,197
Program Service Revenue $0
Investment Income $6,828
Other Revenue $19
TOTAL REVENUE $391,044

Expense Breakdown

Grants Paid $169,383
Salaries & Benefits $205,284
Fundraising Expenses $80,037
Program Expenses $300,354
Other Expenses $59,208
TOTAL EXPENSES $433,875

Year-over-Year Comparison

2023 2022 Change
Revenue $391,044 $454,085 -0.1%
Expenses $433,875 $453,005 0.0%
Net Income $-42,831 $1,080 -40.7%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
7
Volunteers
5

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
5
$89,290
Total Directors
11
$89,290
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERCEDES CASTIEL BOARD MEMBER 0.50
Director
$0 $0 $0
CHRISTINE WASSERSTEIN CO-FOUNDER 4.00
Director
$0 $0 $0
HENRY MASCIA PRESIDENT 1.00
Officer Director
$0 $0 $0
JULIA CHERASHORE BOARD MEMBER 0.50
Director
$0 $0 $0
ELLEN COHEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SAMANTHA EKERT BOARD MEMBER 0.50
Director
$0 $0 $0
SARAH E HAYES BOARD MEMBER 0.50
Director
$0 $0 $0
STEPHANIE SCHWARTZ TREASURER 0.50
Officer Director
$0 $0 $0
COLLEEN MCQUILLAN BOARD MEMBER 0.50
Director
$0 $0 $0
REBEKAH WAHBA SECRETARY 0.50
Officer Director
$0 $0 $0
KARIN ROMANS EXECUTIVE DIRECTOR 20.00
Officer Director
$89,290 $0 $89,290
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 $391,044 $433,875 $213,184 $-42,831
2022 $454,085 $453,005 $284,897 $1,080
2021 $334,511 $315,702 $264,018 $18,809
2020 $281,054 $311,711 $238,105 $-30,657
2019 $234,859 $189,542 $282,027 $45,317
2018 $210,810 $101,587 $217,468 $109,223
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