BAY RIDGE CENTER INC

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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

2010

Legal Domicile

Principal Officer

TODD W FLIEDNER

Phone

7187480650

Tax Period

2024-07-01 to 2025-06-30

BAY RIDGE CENTER INC, founded in 2010, is a community nonprofit in the Human Services sector that reported $6.7M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

SINCE 1976 BAY RIDGE CENTER (BRC) HAS PROVIDED SERVICES AND PROGRAMS FOR OLDER ADULTS THAT PROMOTE THEIR WELL-BEING, SUPPORT THEIR INDEPENDENCE AND ENCOURAGE THEIR INVOLVEMENT IN THE BAY RIDGE COMMUNITY IN BROOKLYN, NEW YORK. BRC'S STAFF IS AIDED BY ENTHUSIASTIC VOLUNTEERS AND WORKS IN COOPERATION WITH OTHER COMMUNITY ORGANIZATIONS, LOCAL BUSINESSES, SCHOOLS AND SOCIAL SERVICE ORGANIZATIONS TO FULFILL ITS MISSION.

Program Service Accomplishments

Program 1

Expenses: $5,872,921

BAY RIDGE CENTER (BRC) PROGRAM SERVICES - BRC IS OPEN FREE OF CHARGE TO ADULTS 60 YEARS OF AGE AND OLDER, MONDAY THROUGH FRIDAY FROM 8:30 AM TO 4:30 PM, 250 DAYS A YEAR. BRC SERVES ABOUT 20,000 HOT CONGREGATE MEALS ANNUALLY. BRC ALSO OFFERS 17 ONGOING SERVICES AND PROGRAMS INCLUDING TRANSPORTATION AND SHOPPING ASSISTANCE; FRIENDLY VISITING; WELLNESS ACTIVITIES/FITNESS CLASSES INCLUDING YOGA, AEROBICS, STRETCH AND TONE, STRENGTH AND FLEXIBILITY, STANDING BALANCE AND SITTING BALANCE; COUNSELING/CASE ASSISTANCE; CLASSES & DISCUSSION GROUPS INCLUDING BRAIN GAMES; BOOK CLUB AND MAD TEA PARTIES; SAVVY SENIORS CYBER CLASSES; HEALTH SCREENINGS & FLU SHOTS; ARTS AND CULTURAL ACTIVITIES INCLUDING LINE DANCING, BALLROOM DANCING, QUILTING, KNITTING AND CROCHETING, JEWELRY MAKING AND ART CLASSES; TRIPS TO CULTURAL AND SPORTING EVENTS, MUSEUMS, THEATRE & CONCERTS AND BOARD GAME DAYS. AS OF JUNE 30, 2025, BRC'S ACTIVE MEMBERSHIP COUNT WAS 1,528.BRC'S HOME DELIVERED MEALS SERVICES PROVIDES ABOUT 600 HOT MEALS PER DAY TO HOMEBOUND BAY RIDGE RESIDENTS. BAY RIDGE CENTER'S CLIENT BASE FOR HDM CONTINUES TO GROW AS THE SENIOR POPULATION INCREASES IN OUR NEIGHBORHOOD.BRC'S NEIGHBORHOOD NORC PROGRAM OFFERS EDUCATIONAL AND RECREATIONAL PROGRAMS SOME EVENINGS IN COLLABORATION WITH LIKE-MINDED COMMUNITY BASED AGENCIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,733,404

Program Service Revenue $0

Investment Income $76

Other Revenue $3,296

TOTAL REVENUE $6,736,776

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,765,196

Fundraising Expenses $65,842

Program Expenses $5,872,921

Other Expenses $4,314,959

TOTAL EXPENSES $7,080,155

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,736,776	$8,006,199	-0.2%
Expenses	$7,080,155	$6,589,393	+0.1%
Net Income	$-343,379	$1,416,806	-1.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$144,049

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA MARCHETTI	PRESIDENT	1.00	Officer Director	$0	$0	$0
PASTOR PAUL KNUDSEN	TREASURER	1.00	Officer Director	$0	$0	$0
ALLISON NIDETZ	SECRETARY	1.00	Officer Director	$0	$0	$0
MADELINE JACOBS	MEMBER	1.00	Director	$0	$0	$0
DR ROY OLSEN DPM	MEMBER	1.00	Director	$0	$0	$0
LARA TREGILLIES	MEMBER	1.00	Director	$0	$0	$0
TODD W FLIEDNER	EXECUTIVE DIRECTOR	35.00	Officer	$130,902	$13,147	$144,049

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	$6,736,776	$7,080,155	$15,334,439	$-343,379
2024	$8,006,199	$6,589,393	$16,158,622	$1,416,806
2023	$7,150,451	$5,329,326	$15,542,364	$1,821,125
2022	$4,212,457	$3,680,658	$3,657,967	$531,799
2021	$3,783,624	$3,420,410	$2,361,547	$363,214
2020	$3,489,881	$3,202,633	$1,815,692	$287,248
2019	$2,997,112	$2,830,391	$1,221,771	$166,721
2018	$2,714,318	$2,605,670	$1,041,386	$108,648