COMMITTEE FOR RANKED CHOICE VOTING NYC INC

EIN: 842565657 Community Improvement

New York, NY

Total Revenue
$450,000
Total Expenses
$416,959
Total Assets
$70,492
Net Assets
$70,492
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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
2020
Legal Domicile
NY
Principal Officer
Seth London
Phone
4234433308
Tax Period
2021-01-01 to 2021-12-31

COMMITTEE FOR RANKED CHOICE VOTING NYC INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $450K in total revenue in fiscal year 2021. Revenue surged 1101% from the prior year, signaling strong growth momentum. Expenses of $417K left a modest 7% surplus.

Mission

Ranked Choice Voting is an election reform that helps voters make sense of crowded fields. It means no more costly, time-consuming runoffs in the event that no one gets a majority of votes. It means that voters have a stronger voice in elections and that politicians are accountable, not to special interests, but to the people. It means you can vote for the candidates you believe in.

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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 (2021)

Revenue Breakdown

Contributions & Grants $450,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $450,000

Expense Breakdown

Grants Paid $30,000
Salaries & Benefits $0
Fundraising Expenses $1,672
Program Expenses $413,614
Other Expenses $386,959
TOTAL EXPENSES $416,959

Year-over-Year Comparison

2021 2020 Change
Revenue $450,000 $37,471 +11.0%
Expenses $416,959 $100,078 +3.2%
Net Income $33,041 $-62,607 -1.5%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Betsy Gotbaum Board Member 2
Director
$0 $0 $0
Susan Lerner Board Member 2
Director
$0 $0 $0
Seth London Board Member 2
Director
$0 $0 $0
Rose Pierre-Louis Board Member 2
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
2021 $450,000 $416,959 $70,492 $33,041
2019 $2,005,719 $1,910,659 $100,058 $95,060
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