NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WITH GRACE INC, founded in 2021, is a micro nonprofit that reported $796 in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 4169% operating deficit.
TO ADDRESS THE CHALLENGES THAT YOUTH IN ECONOMICALLY AND CULTURALLY DISADVANTAGED COMMUNITIES IN NEW YORK CITY FACE WHEN TRYING TO OBTAIN ADEQUATE MENTAL HEALTH SERVICES. WE BELIEVE THAT EVERY CHILD WHO IS EXPERIENCING HARDSHIP SHOULD BE ABLE TO OBTAIN PROFESSIONAL MENTAL HEALTH SERVICES, REGARDLESS OF ABILITY TO PAY OR OTHER RESOURCES NECESSARY TO ACCESS THESE VITAL SERVICES. THE CORPORATION INTENDS TO ACHIEVE THIS GOAL BY PROVIDING FINANCIAL ASSISTANCE TO FAMILIES TO ENABLE THEIR CHILDRESN TO AFFORD THERAPEUTIC SERVICES AND PROVIDING THE OTHER RESOURCES TO THOSE ORDINARILY OUTSIDE OF THE CHILD PSYCHOLOGY ECOSYSTEM WHICH ARE NECESSARY FOR THEM TO SUCCESSFULLY ACCESS THOSE SERVICES.
TO CONTINUE TO PROVIDE THERAPY AND MENTAL HEALTH SERVICES TO ADOLESCENTS WHO LIVE IN NEW YORK CITY AND COULD NOT OTHERWISE AFFORD THESE SERVICES.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $796 | $7,010 | -0.9% |
| Expenses | $33,982 | $75,024 | -0.5% |
| Net Income | $-33,186 | $-68,014 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| NOAH NIERENBERG | PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH NIERENBERG | CHIEF FINANCIAL OFFICER | 1.00 |
Director
|
$0 | $0 | $0 |
| RACHEL WINEFSKY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA CHAIT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN KUTNICK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $796 | $33,982 | No data | $-33,186 |
| 2024 | No data | No data | No data | No data |
| 2023 | $69,919 | $394,908 | $101,754 | $-324,989 |
| 2022 | $4,290 | $260,262 | $428,340 | $-255,972 |
| 2021 | $753,892 | $71,731 | $683,542 | $682,161 |
Compare WITH GRACE INC with other nonprofits in New York and across the country.