Preston Center of Compassion Inc

EIN: 571180937 501(c)(3)

Bronx, NY

Total Revenue
$724,745
Total Expenses
$620,005
Total Assets
$1,638,528
Net Assets
$1,352,848
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
Patricia Bisesto
Phone
7188928977
Tax Period
2023-10-01 to 2024-09-30

Preston Center of Compassion Inc, founded in 2003, is a small nonprofit that reported $725K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $620K left a modest 14% surplus.

Mission

The mission of the Preston Center of Compassion is to provide education, counseling, mentoring, and empowerment programs and services in response to the needs of women, children, and families in the Bronx.

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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 $114,126
Program Service Revenue $524,243
Investment Income $53,855
Other Revenue $32,521
TOTAL REVENUE $724,745

Expense Breakdown

Grants Paid $18,713
Salaries & Benefits $495,512
Fundraising Expenses $1,378
Program Expenses $520,879
Other Expenses $105,780
TOTAL EXPENSES $620,005

Year-over-Year Comparison

2023 2022 Change
Revenue $724,745 $762,950 -0.1%
Expenses $620,005 $656,954 -0.1%
Net Income $104,740 $105,996 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
44
Volunteers
12

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
4
$79,224
Total Directors
10
$79,224
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patricia Bisesto Board President 1.00
Officer Director
$0 $0 $0
Andrea Chappetta Board Secretary 1.00
Officer Director
$0 $0 $0
Patricia Corley Board Member 1.00
Director
$0 $0 $0
Tricia Driver Board Member 1.00
Director
$0 $0 $0
Melissa Beatty Seward Board Member 1.00
Director
$0 $0 $0
Maria Vidal Board Member 1.00
Director
$0 $0 $0
Odalys Alonso Board Member 1.00
Director
$0 $0 $0
Luis Uribe Board Member 1.00
Director
$0 $0 $0
Donna Spitz Board Treasurer 1.00
Officer Director
$0 $0 $0
Patricia Warner RDC Executive Director 40.00
Officer Director
$79,224 $0 $79,224
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 $724,745 $620,005 $1,638,528 $104,740
2023 $762,950 $656,954 $1,526,940 $105,996
2022 $813,813 $689,389 $1,459,289 $124,424
2021 $700,296 $552,098 $1,426,691 $148,198
2020 $212,753 $353,431 $1,015,470 $-140,678
2019 $742,039 $630,079 $999,529 $111,960
2018 $727,064 $597,006 $891,519 $130,058
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