CIVIC NEW MARKETS SUPPORT CORPORATION II

EIN: 830678232 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$999,050
Total Expenses
$1,017,080
Total Assets
$17,072,122
Net Assets
$-517,825
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
DAVID UMANSKY
Phone
2125717260
Tax Period
2024-01-01 to 2024-12-31

CIVIC NEW MARKETS SUPPORT CORPORATION II, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $999K in total revenue in fiscal year 2024.

Mission

THE CORPORATION WAS FORMED AS A 501(C)(3) ORGANIZATION TO BORROW FUNDS AND TO MAKE A LOAN INTO A FINANCING STRUCTURE FOR A CHARTER SCHOOL DEVELOPMENT PROJECT IN THE BRONX, NEW YORK.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $0
Investment Income $949,050
Other Revenue $0
TOTAL REVENUE $999,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,006,796
Other Expenses $1,017,080
TOTAL EXPENSES $1,017,080

Year-over-Year Comparison

2024 2023 Change
Revenue $999,050 $999,050 N/A
Expenses $1,017,080 $1,030,782 0.0%
Net Income $-18,030 $-31,732 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
2

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
$559,678
Total Directors
3
$559,678
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID UMANSKY PRESIDENT 1.00
Officer Director
$0 $47,701 $559,678
FAYE PREMER TREASURER 1.00
Officer Director
$0 $0 $0
RAJEEV BAJAJ SECRETARY 1.00
Officer 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 $999,050 $1,017,080 $17,072,122 $-18,030
2023 $999,050 $1,030,782 $17,067,423 $-31,732
2022 $958,135 $1,046,708 $17,060,492 $-88,573
2021 $957,607 $1,059,385 $17,095,510 $-101,778
2020 $957,463 $1,072,867 $17,129,819 $-115,404
2019 $961,283 $1,081,458 $17,134,731 $-120,175
2018 $329,127 $371,260 $16,989,111 $-42,133
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CIVIC NEW MARKETS SUPPORT CORPORATION II with other nonprofits in New York and across the country.