CENTRAL PARK ANGELS INC

EIN: 821632245 501(c)(3) Public & Societal Benefit

BAYONNE, NJ

Total Revenue
$306,061
Total Expenses
$276,613
Total Assets
$53,991
Net Assets
$53,991
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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
NJ
Principal Officer
SHAHNOZ RUSTAMOVA
Phone
6433913414
Tax Period
2022-01-01 to 2022-12-31

CENTRAL PARK ANGELS INC, founded in 2017, is a small nonprofit in the Public & Societal Benefit sector that reported $306K in total revenue in fiscal year 2022. Revenue surged 732% from the prior year, signaling strong growth momentum. Expenses of $277K left a modest 10% surplus.

Mission

To provide disaster relief to the areas in the world effected by war, natural disasters and ensuing poverty; and to organize sustainable living programs for the victims of such events through domestic and international operations. We provide food, clothes, medications and education to civilians in need.

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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 (2022)

Revenue Breakdown

Contributions & Grants $275,154
Program Service Revenue $0
Investment Income $0
Other Revenue $30,907
TOTAL REVENUE $306,061

Expense Breakdown

Grants Paid $250,429
Salaries & Benefits $0
Fundraising Expenses $16,749
Program Expenses $255,523
Other Expenses $26,184
TOTAL EXPENSES $276,613

Year-over-Year Comparison

2022 2021 Change
Revenue $306,061 $36,800 +7.3%
Expenses $276,613 N/A N/A
Net Income $29,448 $36,800 -0.2%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
15

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAHNOZ RUSTAMOVA PRESIDENT 1.00
Officer Director
$0 $0 $0
VICTORIA LEVINSON CHAIR OF THE BOARD 10.00
Officer Director
$0 $0 $0
MARY WALLACE TREASURER 1.00
Director
$0 $0 $0
OLGA SZWED OPERATING MANAGER 10.00
Officer Director
$0 $0 $0
TETYANA KRAVTSIV PROGRAM MANAGER 1.00
Officer Director
$0 $0 $0
VALERIA GOLDSTEIN CONTROLLER AND SECRETARY 10.00
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
2022 $306,061 $276,613 $53,991 $29,448
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