SYRACUSE, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)UPSTATE MINORITY ECONOMIC ALLIANCE INC, founded in 2015, is a micro nonprofit in the Community Improvement sector that reported $87K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $196K exceeded revenue, resulting in a 124% operating deficit.
OUR MISSION IS TO ESTABLISH A SMALL, COOPERATIVE COMMUNITY IN UPSTATE & CENTRAL NEW YORK WHERE THE MOST DRIVEN INDIVIDUALS CAN NETWORK, ACQUIRE AND SHARE PRICELESS TALENTS, AND DEVELOP BOTH PERSONALLY AND PROFESSIONALLY. AS A RESULT, WE AIM TO CONTRIBUTE TO THE ENORMOUS UNREALIZED POTENTIAL OF OUR REGION.
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 | $87,190 | $198,924 | -0.6% |
| Expenses | $195,521 | $203,796 | 0.0% |
| Net Income | $-108,331 | $-4,872 | +21.2% |
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 |
|---|---|---|---|---|---|---|
| JALYN CLIFFORD | DIRECTOR/SECRETARY THRU JUNE 2024 | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BISHOP RONALD DEWBERRY | DIRECTOR THRU JUNE 2024 | 1.00 |
Director
|
$0 | $0 | $0 |
| SHEENA SOLOMON | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HASAN STEPHENS | DIRECTOR THRU JUNE 2024 | 1.00 |
Director
|
$0 | $0 | $0 |
| NATASHA M NEWBURY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAURA CUEVA | DIRECTOR THRU MARCH 2024 | 1.00 |
Director
|
$0 | $0 | $0 |
| WINDELL GRAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR EMAD RAHIM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAIZA SEMIDEY | DIRECTOR/ VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAI SHAW | DIRECTOR THRU DEC 2024 | 1.00 |
Director
|
$0 | $0 | $0 |
| TAMIKA OTIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELODY SMITH-JOHNSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ME'SHAE BROOKS-ROLLING | EXECUTIVE DIRECTOR THRU JULY 2024 | 40.00 |
Officer
|
$55,005 | $2,750 | $57,755 |
| JAMAR CLARKE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$15,969 | $0 | $15,969 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $87,190 | $195,521 | $73,003 | $-108,331 |
| 2023 | $198,924 | $203,796 | $134,321 | $-4,872 |
| 2022 | $230,518 | $214,361 | $185,648 | $16,157 |
Compare UPSTATE MINORITY ECONOMIC ALLIANCE INC with other nonprofits in New York and across the country.