ELMHURST, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF CENTRAL QUEENS ACADEMY INC, founded in 2019, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $4.8M left a modest 6% surplus.
TO SUPPORT THE OPERATION OF CENTRAL QUEENS ACADEMY CHARTER SCHOOL IN NEW YORK (THE "SCHOOL") BY PROVIDING ASSISTANCE WITH THE SCHOOL'S REAL ESTATE NEEDS, AND BY RAISING FUNDS AND RESOURCES THAT WILL ENABLE THE CORPORATION TO PROVIDE SUPPORT TO THE SCHOOL TO ENHANCE THE EXPERIENCE OF THE SCHOOL'S STUDENTS.
PROVIDE THE SCHOOL WITH REAL ESTATE AND FACILITIES-RELATED NEEDS, AND RAISE FUNDS AND RESOURCES THAT WILL ENABLE THE CORPORATION TO PROVIDE SUPPORT TO THE SCHOOL TO ENHANCE THE EXPERIENCE OF THE...
PROVIDE THE SCHOOL WITH REAL ESTATE AND FACILITIES-RELATED NEEDS, AND RAISE FUNDS AND RESOURCES THAT WILL ENABLE THE CORPORATION TO PROVIDE SUPPORT TO THE SCHOOL TO ENHANCE THE EXPERIENCE OF THE SCHOOL'S STUDENTS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,061,882 | $3,432,090 | +0.5% |
| Expenses | $4,772,313 | $3,430,335 | +0.4% |
| Net Income | $289,569 | $1,755 | +164.0% |
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 |
|---|---|---|---|---|---|---|
| PEI PEI CHENG-DE CASTRO | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE SABER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TINA HU | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,061,882 | $4,772,313 | $1,002,515 | $289,569 |
| 2024 | $3,432,090 | $3,430,335 | $500,342 | $1,755 |
| 2023 | $3,072,028 | $3,257,890 | $488,587 | $-185,862 |
| 2022 | $981,312 | $708,865 | $328,829 | $272,447 |
| 2021 | $731,277 | $695,066 | $143,390 | $36,211 |
| 2020 | $662,872 | $652,701 | $156,101 | $10,171 |
Compare FRIENDS OF CENTRAL QUEENS ACADEMY INC with other nonprofits in New York and across the country.