PHOENIX RISING PROJECT HUDSON FALLS INC

EIN: 811887951 501(c)(3) Arts, Culture & Humanities

HUDSON FALLS, NY

Total Revenue
$-6,082
Total Expenses
$15,176
Total Assets
$19,920
Net Assets
$19,920
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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
2016
Legal Domicile
NY
Phone
5187474169
Tax Period
2019-01-01 to 2019-12-31

PHOENIX RISING PROJECT HUDSON FALLS INC, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $6K in total revenue in fiscal year 2019.

Mission

TO PROMOTE AND DEVELOP THE COMMUNITY'S QUALITY OF LIFE AS AN ARTS, CULTURAL, HISTORICAL AND COMMERCIAL CENTER AND TO PRESERVE AND PROTECT HISTORICAL ASSETS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $2,000
Program Service Revenue $0
Investment Income $-15,024
Other Revenue $6,942
TOTAL REVENUE $-6,082

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $14,051
Other Expenses $15,176
TOTAL EXPENSES $15,176

Year-over-Year Comparison

2019 2018 Change
Revenue $-6,082 N/A N/A
Expenses $15,176 N/A N/A
Net Income $-21,258 N/A N/A
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM L NIKAS Sec/Treasurer 2.00
Officer
$0 $0 $0
ROBERT W COOK Vice President 2.00
Officer
$0 $0 $0
JOELLE TIMMS President 2.00
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
2019 $-6,082 $15,176 $19,920 $-21,258
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