RECLAIM NEW YORK INITIATIVE INC

EIN: 814137426

FOREST HILLS, NY

Total Revenue
$12
Total Expenses
$52,581
Total Assets
$66,672
Net Assets
$-465,893
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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
2017
Legal Domicile
NY
Principal Officer
SUZANNE TUFTS
Phone
9294270706
Tax Period
2021-01-01 to 2021-12-31

RECLAIM NEW YORK INITIATIVE INC, founded in 2017, is a micro nonprofit that reported $12 in total revenue in fiscal year 2021. Expenses of $53K exceeded revenue, resulting in a 438075% operating deficit.

Mission

OUR MISSION IS TO EMPOWER ALL NEW YORKERS WITH INFORMATION TO ENSURE GOVERNMENT OFFICIALS UNDERSTAND LOUD AND CLEAR THAT THEY WORK FOR THE

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $12
Other Revenue $0
TOTAL REVENUE $12

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,511
Other Expenses $52,581
TOTAL EXPENSES $52,581

Year-over-Year Comparison

2021 2020 Change
Revenue $12 N/A N/A
Expenses $52,581 N/A N/A
Net Income $-52,569 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
4
Independent Members
4
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
2
$0
Total Directors
4
$0
Key Employees
1
$50,070
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBEKAH MERCER DIRECTOR 0.200
Officer Director
$0 $0 $0
JENNIFER MERCER DIRECTORSECRETARY 0.200
Officer Director
$0 $0 $0
LEONARD LEO DIRECTOR 0.200
Director
$0 $0 $0
JAQUELYN VARGA DIRECTOR 0.200
Director
$0 $0 $0
SUZANNE TUFTS EXECUTIVE DIRECTOR 1.000
Key Emp
$20,596 $0 $50,070
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
2021 $12 $52,581 $66,672 $-52,569
2020 $7 $266,720 $70,806 $-266,713
2019 $250,006 $356,296 $85,791 $-106,290
2018 $500,868 $920,406 $174,702 $-419,538
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