NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HANYC FOUNDATION INC, founded in 2019, is a community nonprofit in the Public Safety sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 315% from the prior year, signaling strong growth momentum. The organization ran a surplus of $932K, a strong 58% operating margin.
The Foundation focuses on three areas:1.Education, by providing scholarships to students who will pursue an associate's or bachelor's degree program in Hospitality2. Crisis relief, by providing short-term hotel stays to individuals experiencing unexpected hardships and3. Efforts to combat Human Trafficking, by providing training to the hotel industry. This will include partnering with individuals and other organizations in order to provide an overview of sex and labor trafficking and their impact on the hotel industry, to discuss common indicators of human trafficking and case examples, to give action steps on how to respond to and prevent human trafficking.The Foundation will organize fundraising events such as an annual Golf Outing and an annual Red Carpet Hospitality Gala, where all proceeds beyond expenses will go directly to the Foundation. We will also organize educational and similar seminars focused on our efforts related to Human Trafficking.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,599,624 | $385,292 | +3.2% |
| Expenses | $667,289 | $136,118 | +3.9% |
| Net Income | $932,335 | $249,174 | +2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Vijay Dandapani | President | 1.00 |
Officer
Director
|
$0 | $19,800 | $703,956 |
| KATELYNN MORRIS | Director | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIE GREENBERG | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SALEM | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KARAMBIR KANG | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY MORALES | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| GABRIELLE DESINTONIO | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN STEEL | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS O'SULIVAN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| NATALIE BOGAN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| PENNY WILLIMANN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| HEATHER DAVIS | chairperson | 1.00 |
Director
|
$0 | $0 | $0 |
| PRADEEP RAMAN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Herv Houdr | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,599,624 | $667,289 | $1,462,396 | $932,335 |
| 2022 | $385,292 | $136,118 | $358,613 | $249,174 |
| 2021 | $19,500 | $61,971 | $92,920 | $-42,471 |
| 2020 | $11,120 | $65,488 | $111,428 | $-54,368 |
| 2019 | $211,680 | $54,621 | $158,192 | $157,059 |
Compare HANYC FOUNDATION INC with other nonprofits in New York and across the country.