CFRG NEWCO INC

EIN: 842831967 501(c)(3) Education

AUBURN, NY

Total Revenue
$-312,501
Total Expenses
$27,363
Total Assets
$2,106,102
Net Assets
$382,157
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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
NY
Principal Officer
GUY THOMAS COSENTINO
Phone
3152948627
Tax Period
2024-09-01 to 2025-08-31

CFRG NEWCO INC, founded in 2019, is a micro nonprofit in the Education sector that reported $313K in total revenue in fiscal year 2024. Revenue fell 296% from the prior year — a significant decline worth monitoring.

Mission

TO HOLD TITLE AND COLLECT INCOME FROM REAL PROPERTY FOR THE BENEFIT OF THE FOUNDATION AND THE COLLEGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $156,722
Investment Income $-469,223
Other Revenue $0
TOTAL REVENUE $-312,501

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,363
Other Expenses $27,363
TOTAL EXPENSES $27,363

Year-over-Year Comparison

2024 2023 Change
Revenue $-312,501 $159,797 -3.0%
Expenses $27,363 $243,987 -0.9%
Net Income $-339,864 $-84,190 +3.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$116,400
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID VERDI TREASURER 0.50
Officer Director
$0 $0 $0
KEVIN LAMONTAGNE PRESIDENT 2.00
Officer Director
$0 $0 $0
ALIZA QUERNS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
HONORARY TIMOTHY RICE SECRETARY 0.50
Officer Director
$0 $0 $0
JOHN LATANYSHYN BOARD MEMBER 0.50
Director
$0 $0 $0
GUY THOMAS COSENTINO EXECUTIVE DIRECTOR 5.00
Officer
$0 $11,400 $116,400
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
2025 $-312,501 $27,363 $2,106,102 $-339,864
2024 $159,797 $243,987 $2,602,688 $-84,190
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