Kingston Midtown Rising Inc (EIN 811665183) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Principal Officer

Jordan Scruggs

Tax Period

2024-01-01 to 2024-12-31

Kingston Midtown Rising Inc is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $225K, a strong 21% operating margin.

Mission

Kingston Midtown Rising, Inc is a neighborhood organization working together to create spaces of beauty and belonging for residents of Midtown Kingston, NY through various services for people in need including counseling, educational support and outreach activities to the community in general.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $690,000

Program Service Revenue $381,980

Investment Income $379

Other Revenue $0

TOTAL REVENUE $1,072,359

Expense Breakdown

Grants Paid $0

Salaries & Benefits $506,088

Fundraising Expenses $0

Program Expenses $713,609

Other Expenses $341,165

TOTAL EXPENSES $847,253

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,072,359	$701,216	+0.5%
Expenses	$847,253	$578,689	+0.5%
Net Income	$225,106	$122,527	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tracy-Ann Daley	Trustee	5.00	Director	$0	$0	$0
Ethel Knox	Trustee	5.00	Director	$0	$0	$0
Alicia McDonald	Trustee	5.00	Director	$0	$0	$0
Peter Weyand	Trustee	5.00	Director	$0	$0	$0
Nadine Ferrero	Trustee	0.00	Director	$0	$0	$0
Estelle Smith	Trustee	0.00	Director	$0	$0	$0
Jordan Scruggs	Chairman	5.00	Officer	$0	$0	$0
Stephanie Costa	Treasurer	5.00	Officer	$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	$1,072,359	$847,253	$564,009	$225,106
2023	$701,216	$578,689	$338,903	$122,527
2022	$351,964	$371,399	$216,376	$-19,435
2021	$230,847	$46,861	$238,616	$183,986

Kingston Midtown Rising Inc