NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)COMMUNITAS AMERICA INC, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $2.0M exceeded revenue, resulting in a 54% operating deficit.
COMMUNITAS AMERICA, A 501(C)(3) NONPROFIT ORGANIZATION, IS DEDICATED TO BUILDING A COMMUNITY-DRIVEN ENTREPRENEURIAL ECOSYSTEM THAT EMPOWERS SMALL BUSINESSES AND ENTREPRENEURS ADVANCING ECONOMIC MOBILITY IN LOW-INCOME COMMUNITIES, PRIMARILY ACROSS NYC. THE ORGANIZATION INVESTS IN AND SUPPORTS ENTREPRENEURS, CHANGEMAKERS, AND GRASSROOTS LEADERS WHO ARE DRIVING POSITIVE CHANGE IN THEIR COMMUNITIES. ITS MISSION-DRIVEN PROGRAMMING INCLUDES AN IMPACT ACCELERATOR, CO-WORKING AND INCUBATOR SPACES, AND OTHER OPPORTUNITIES THAT FOSTER ECONOMIC MOBILITY, INNOVATION, AND GROWTH.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,295,827 | $1,396,951 | -0.1% |
| Expenses | $1,994,674 | $1,858,563 | +0.1% |
| Net Income | $-698,847 | $-461,612 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM THOMAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YOLANDA SEALEY-RUIZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MALCOM GLENN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DOROTHY STUEHMKE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KYUNGSUN CHUNG-THROUGH 123124 | BOARD CHAIR | 10.00 |
Officer
|
$0 | $0 | $0 |
| SUNMOON JANG | EXECUTIVE DIRECTOR | 40.00 |
Highest
|
$247,201 | $14,895 | $262,096 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,295,827 | $1,994,674 | $3,964,395 | $-698,847 |
| 2023 | $1,396,951 | $1,858,563 | $4,378,076 | $-461,612 |
| 2022 | $1,834,055 | $1,490,485 | $4,639,040 | $343,570 |
| 2021 | $1,171,276 | $1,007,448 | $1,362,547 | $163,828 |
| 2020 | $1,263,423 | $566,253 | $1,188,055 | $697,170 |
| 2019 | $552,106 | $472,928 | $479,104 | $79,178 |
| 2018 | $610,187 | $239,283 | $382,665 | $370,904 |
Compare COMMUNITAS AMERICA INC with other nonprofits in New York and across the country.