NYCRTC

EIN: 834013860 501(c)(3) Recreation & Sports

HOBOKEN, NJ

Total Revenue
$579,358
Total Expenses
$561,280
Total Assets
$69,338
Net Assets
$69,314
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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
2019
Legal Domicile
NJ
Principal Officer
DAVID ESPOSITO
Phone
4053651804
Tax Period
2023-01-01 to 2023-12-31

NYCRTC, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $579K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $561K left a modest 3% surplus.

Mission

THE ORGANIZATION RUNS A SENIOR RESIDENT ATHLETE PROGRAM WHERE ATHLETES TRAIN FULL TIME AT THE RTC FACILITIES, AND OUR PARTNER FACILITIES: THE EDGE SCHOOL OF WRESTLING AND COLUMBIA WRESTLING. THE PROGRAM IS FOCUSED ON CREATING A WORLD-CLASS TRAINING ENVIRONMENT THAT SPECIALIZES IN INTERNATIONAL STYLES OF WRESTLING FOR MEN AND WOMEN. WE ARE ONE OF THE PREMIER TRAINING SITES IN THE UNITED STATES. THE NYCRTC STRIVES TO PROVIDE THIS ENVIRONMENT BY ENGAGING OLYMPIC LEVEL COACHES AND WORLD-CLASS TRAINING PARTNERS, AND INCREASING RESOURCES NEEDED TO ALLOW US TO REALIZE OUR OVERALL VISION - WITH OUR ULTIMATE GOAL OF PRODUCING NATIONAL, WORLD AND OLYMPIC CHAMPIONS.

Program Service Accomplishments

Program 1
Expenses: $512,680 Revenue: $26,529

THE ORGANIZATION RUNS A SENIOR RESIDENT ATHLETE PROGRAM WHERE ATHLETES TRAIN FULL TIME AT THE RTC FACILITIES MAINTAINED WITH THEIR PARTNER PROGRAMS LOCATED AT THE EDGE SCHOOL OF WRESTLING IN HOBOKEN...

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THE ORGANIZATION RUNS A SENIOR RESIDENT ATHLETE PROGRAM WHERE ATHLETES TRAIN FULL TIME AT THE RTC FACILITIES MAINTAINED WITH THEIR PARTNER PROGRAMS LOCATED AT THE EDGE SCHOOL OF WRESTLING IN HOBOKEN, NJ AND COLUMBIA UNIVERSITY'S MEN'S AND WOMEN'S WRESTLING ON THE CAMPUS OF NYC'S COLUMBIA UNIVERSITY.

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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 $552,825
Program Service Revenue $26,529
Investment Income $4
Other Revenue $0
TOTAL REVENUE $579,358

Expense Breakdown

Grants Paid $7,000
Salaries & Benefits $219,692
Fundraising Expenses $3,041
Program Expenses $512,680
Other Expenses $334,588
TOTAL EXPENSES $561,280

Year-over-Year Comparison

2023 2022 Change
Revenue $579,358 $798,278 -0.3%
Expenses $561,280 $816,639 -0.3%
Net Income $18,078 $-18,361 -2.0%
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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Governance

Voting Members
7
Independent Members
5
Employees
3
Volunteers
10

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
7
$171,666
Total Directors
7
$171,666
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYRA TIRANA BARRY CHAIR 2.00
Officer Director
$0 $0 $0
ANDREW BARTH CO-VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAVID BARRY CO-VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAVID ESPOSITO TREASURER 1.00
Officer Director
$0 $0 $0
ZACHARY TANELLI SECRETARY 1.00
Officer Director
$0 $0 $0
KENDALL CROSS HEAD MEN'S COACH 40.00
Officer Director
$85,833 $0 $85,833
EMMA RANDALL HEAD WOMEN'S COACH 40.00
Officer Director
$85,833 $0 $85,833
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 $579,358 $561,280 $69,338 $18,078
2022 $798,278 $816,639 $56,212 $-18,361
2021 $607,067 $573,478 $74,774 $33,589
2020 $399,368 $363,068 $41,185 $36,300
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