GREATER NY FOUNDATION

EIN: 474856357 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$747,084
Total Expenses
$595,468
Total Assets
$993,975
Net Assets
$984,002
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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
ALICE NAUDE
Phone
9178378102
Tax Period
2023-07-01 to 2024-06-30

GREATER NY FOUNDATION, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $747K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $152K, a strong 20% operating margin.

Mission

GREATER NY PAIRS CORPORATE EXECUTIVES WITH NONPROFIT EXECUTIVES FOR TWO-YEAR PARTNERSHIPS TO FOCUS ON THE STRATEGIC BUSINESS ISSUES WHICH WILL KEEP NEW YORK NONPROFITS STRONG IN A QUICKLY CHANGING BUSINESS ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $179,942 Revenue: $0

ANALYST CORPS - THE ANALYST CORPS MATCHES EARLY CAREER FINANCIAL PROFESSIONALS WITH NONPROFITS TO WORK ON CAREFULLY SCOPED PROJECTS THAT ADDRESS A BUSINESS QUESTION.

Program 2
Expenses: $148,635 Revenue: $0

CROSS-SECTOR PARTNERSHIPS - WE CREATE PARTNERSHIPS BETWEEN THE CORPORATE AND NONPROFIT SECTORS AT THE EXECUTIVE AND ASSOCIATE LEVELS. PARTNERSHIPS DISCUSS STRATEGIC ISSUES OR WORK ON CAREFULLY SCOPED...

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CROSS-SECTOR PARTNERSHIPS - WE CREATE PARTNERSHIPS BETWEEN THE CORPORATE AND NONPROFIT SECTORS AT THE EXECUTIVE AND ASSOCIATE LEVELS. PARTNERSHIPS DISCUSS STRATEGIC ISSUES OR WORK ON CAREFULLY SCOPED PROJECTS. PARTNERSHIPS PROVIDE IMPORTANT SUPPORT TO THE NONPROFIT WHILE SUPPORTING CIVIC ENGAGEMENT AMONG THE CORPORATE SECTOR.

Program 3
Expenses: $118,086 Revenue: $0

CONFERENCES - GREATER NY BRINGS TOGETHER OUR NETWORK TO PARTAKE IN EVENTS WHERE SPEAKERS AND PANELISTS DISCUSS ISSUES IMPORTANT TO NYC.

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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 $742,500
Program Service Revenue $0
Investment Income $59
Other Revenue $4,525
TOTAL REVENUE $747,084

Expense Breakdown

Grants Paid $0
Salaries & Benefits $467,415
Fundraising Expenses $54,063
Program Expenses $446,663
Other Expenses $128,053
TOTAL EXPENSES $595,468

Year-over-Year Comparison

2023 2022 Change
Revenue $747,084 $602,500 +0.2%
Expenses $595,468 $409,254 +0.5%
Net Income $151,616 $193,246 -0.2%
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
14
Independent Members
13
Employees
6
Volunteers
13

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
3
$108,467
Total Directors
14
$108,467
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICE NAUDE EXECUTIVE DIRECTOR 45
Officer Director
$108,467 $0 $108,467
CHERYL COHEN FFRON BOARD CHAIR 5
Officer Director
$0 $0 $0
JAMIE S RUBIN TREASURER 2
Officer Director
$0 $0 $0
MICHAEL RYAN DIRECTOR 1
Director
$0 $0 $0
LILI LYNTON DIRECTOR 1
Director
$0 $0 $0
LORI LESSER DIRECTOR 1
Director
$0 $0 $0
CARL WEISBROD DIRECTOR 1
Director
$0 $0 $0
MATT HARRIS DIRECTOR 1
Director
$0 $0 $0
TONY KIM DIRECTOR 1
Director
$0 $0 $0
SHAUN DONOVAN DIRECTOR 1
Director
$0 $0 $0
GREGG BISHOP DIRECTOR 1
Director
$0 $0 $0
REBECCA LIU-DOYLE DIRECTOR 1
Director
$0 $0 $0
ADAM DURRETT DIRECTOR 1
Director
$0 $0 $0
SUDEEP DOSHI DIRECTOR 1
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
2025 No data No data No data No data
2024 $747,084 $595,468 $993,975 $151,616
2023 $602,500 $409,254 $824,789 $193,246
2022 $582,285 $332,422 $629,035 $249,863
2021 $349,280 $362,175 $381,672 $-12,895
2020 $400,290 $355,015 $470,669 $45,275
2019 $344,500 $266,187 $407,400 $78,313
2018 $270,000 $196,621 $309,995 $73,379
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