REVITALIZATION COMMUNITY INVOLVEMENT INITIATIVE

EIN: 475610310 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$206,223
Total Expenses
$234,458
Total Assets
$136,667
Net Assets
$134,452
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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
DIMITRIY GOLOBORODSKIY
Phone
9175897930
Tax Period
2023-11-01 to 2024-10-31

REVITALIZATION COMMUNITY INVOLVEMENT INITIATIVE, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $206K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $234K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO ENGAGE IN ACTIVITIES OF COMMUNITY BUILDING ACROSS THE RUSSIAN-JEWISH-AMERICAN COMMUNITY LOCALLY AND NATIONALLY, THROUGH EDUCATION AND FOSTERING LEADERSHIP AND PHILANTHROPY.

Program Service Accomplishments

Program 1
Expenses: $205,605 Revenue: $60,921

TO ENGAGE IN ACTIVITIES OF COMMUNITY BUILDING ACROSS THE RUSSIAN-JEWISH-AMERICAN COMMUNITY LOCALLY AND NATIONALLY, THROUGH EDUCATION AND FOSTERING LEADERSHIP AND PHILANTHROPY.

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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 $140,765
Program Service Revenue $60,921
Investment Income $3,537
Other Revenue $1,000
TOTAL REVENUE $206,223

Expense Breakdown

Grants Paid $5,643
Salaries & Benefits $0
Fundraising Expenses $15,290
Program Expenses $205,605
Other Expenses $213,525
TOTAL EXPENSES $234,458

Year-over-Year Comparison

2023 2022 Change
Revenue $206,223 $257,602 -0.2%
Expenses $234,458 $214,095 +0.1%
Net Income $-28,235 $43,507 -1.6%
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
12
Independent Members
11
Employees
N/A
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
2
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIMITRIY GOLOBORODSKIY BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
IRINA RAKHLIS BOARD ADVISORY 1.00
Director
$0 $0 $0
FRED VERKHOVSKY BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
YANA BAR BOARD MEMBER 1.00
Director
$0 $0 $0
YELENA LEVIT BOARD MEMBER 1.00
Director
$0 $0 $0
YELENA KAZAKEVICH BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL GELFAND BOARD MEMBER 1.00
Director
$0 $0 $0
NINA FAYNBERG BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX FELDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
RIMMA PORTMAN-GUTMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ALLA ARONOV BOARD MEMBER 1.00
Director
$0 $0 $0
YELENA POGORELSKY BOARD MEMBER 40.00
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 $206,223 $234,458 $136,667 $-28,235
2023 $257,602 $214,095 $168,009 $43,507
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