ITHACA WELCOMES REFUGEES INC

EIN: 821987282 501(c)(3) Human Services

ITHACA, NY

Total Revenue
$269,151
Total Expenses
$190,115
Total Assets
$195,695
Net Assets
$195,695
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
CASEY VERDEROSA
Tax Period
2023-01-01 to 2023-12-31

ITHACA WELCOMES REFUGEES INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $269K in total revenue in fiscal year 2023. The organization ran a surplus of $79K, a strong 29% operating margin.

Mission

Ithaca Welcomes Refugees is a volunteer-led community initiative that fosters a welcoming and fair environment for refugees and immigrants who come to our region. Our hope is that these efforts will continue the development of Ithaca as a welcoming host community in times of great global need.

Program Service Accomplishments

Program 1
Expenses: $89,082

GLOBAL ROOTS PLAY SCHOOL - IWRs Global Roots Play School was established to allow parents of children aged 18 month to 5 years to attend English as a Second Language ESL classes. This part-time...

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GLOBAL ROOTS PLAY SCHOOL - IWRs Global Roots Play School was established to allow parents of children aged 18 month to 5 years to attend English as a Second Language ESL classes. This part-time school is a play-based, trauma-informed early childcare environment which primarily serves refugee and immigrant families. It is staffed by a part-time program director and part-time teachers. In 2023, 17 children were enrolled, allowing 27 caregivers to pursue their goals during school hours, most commonly by attending ESL classes. Children develop trusting relationships with adults outside the home, self-confidence, peer relationships, and kindergarten readiness.

Program 2
Expenses: $44,569

RESPONSE PROJECTS - Response Projects are teams of 1-4 IWR volunteers assigned to each family or individual with whom IWR works. Each Response Team works with new arrivals towards self-expressed...

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RESPONSE PROJECTS - Response Projects are teams of 1-4 IWR volunteers assigned to each family or individual with whom IWR works. Each Response Team works with new arrivals towards self-expressed resettlement goals for a period ranging most commonly from 6 months to 2 years and represents the bulk of IWRs work. In 2023, Response Team volunteers supported 102 people. While volunteers are unpaid, through this program IWR provides newcomers with welcome cash assistance when they first arrive 12,250 in 2023, housing aid 16,059.05 in 2023, and miscellaneous financial support, most commonly used for driving lessons 5,355.55 in 2023.

Program 3
Expenses: $11,861

IWR established a crisis fund in 2023 to respond to the loss of a father of a family of 6 who had arrived in the US mere weeks earlier. The father was meant to be the familys sole income earner and...

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IWR established a crisis fund in 2023 to respond to the loss of a father of a family of 6 who had arrived in the US mere weeks earlier. The father was meant to be the familys sole income earner and was the only person fluent in English. We have been using the fund to cover some of the familys basic living expenses utilities, medical expenses for a year and a half and the fund is available to help others in our service population during times of crisis.

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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 (2023)

Revenue Breakdown

Contributions & Grants $259,543
Program Service Revenue $9,608
Investment Income $0
Other Revenue $0
TOTAL REVENUE $269,151

Expense Breakdown

Grants Paid $46,699
Salaries & Benefits $119,971
Fundraising Expenses $15,930
Program Expenses $146,131
Other Expenses $23,445
TOTAL EXPENSES $190,115

Year-over-Year Comparison

2023 2022 Change
Revenue $269,151 N/A N/A
Expenses $190,115 N/A N/A
Net Income $79,036 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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Governance

Voting Members
10
Independent Members
10
Employees
10
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
4
$61,886
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASEY VERDEROSA EXECUTIVE DIRECTOR 030.00
Officer
$38,850 $0 $38,850
BRONWYN LOSEY DIRECTOR OF GLOBAL ROOTS PLAY SCHOOL 015.00
Officer
$23,036 $0 $23,036
DOUG STAYMAN BOARD CHAIR 005.00
Officer Director
$0 $0 $0
BRIDGETTE NUGENT BOARD SECRETARY 005.00
Officer Director
$0 $0 $0
FLORIANNA BLANTON BOARD MEMBER 005.00
Director
$0 $0 $0
NATE FOSTER BOARD MEMBER 005.00
Director
$0 $0 $0
MARY HUTCHENS BOARD MEMBER 005.00
Director
$0 $0 $0
SAW THU KA EE BOARD MEMBER 005.00
Director
$0 $0 $0
CHRISTINE LEMONDA BOARD MEMBER 005.00
Director
$0 $0 $0
PEDRO MOLINA BOARD MEMBER 005.00
Director
$0 $0 $0
KAREN SCHACHERE BOARD MEMBER 005.00
Director
$0 $0 $0
THITIRAT BOONYANUPHONG BOARD MEMBER 005.00
Director
$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 No data No data No data No data
2023 $269,151 $190,115 $195,695 $79,036
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