THE FOUNDATION FOR CITY COLLEGE

EIN: 843867573 501(c)(3) Education

NEW YORK, NY

Total Revenue
$61,529,143
Total Expenses
$37,056,675
Total Assets
$472,073,102
Net Assets
$454,679,874
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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
DOLISKI MOZELESKI
Phone
2126507450
Tax Period
2024-07-01 to 2025-06-30

THE FOUNDATION FOR CITY COLLEGE, founded in 2019, is a mid-sized nonprofit in the Education sector that reported $61.5M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24.5M, a strong 40% operating margin.

Mission

AN EDUCATIONAL FOUNDATION SUPPORTING STUDENTS & PROGRAMS OF THE CITY COLLEGE OF NY, CUNY.

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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 $42,211,667
Program Service Revenue $260,955
Investment Income $18,637,486
Other Revenue $419,035
TOTAL REVENUE $61,529,143

Expense Breakdown

Grants Paid $20,689,381
Salaries & Benefits $5,304,554
Fundraising Expenses $1,078,286
Program Expenses $32,584,728
Other Expenses $10,881,308
TOTAL EXPENSES $37,056,675

Year-over-Year Comparison

2024 2023 Change
Revenue $61,529,143 $40,692,008 +0.5%
Expenses $37,056,675 $32,216,707 +0.2%
Net Income $24,472,468 $8,475,301 +1.9%
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
16
Independent Members
16
Employees
210
Volunteers
16

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
9
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR MARTIN COHEN CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MS VIVIEN R CLARK SECRETARY 1.00
Officer Director
$0 $0 $0
DR VINCE BOUDREAU COLLEGE PRESIDENT 1.00
Officer Director
$0 $0 $0
MR EDWARD BLANK BOARD MEMBER 1.00
Director
$0 $0 $0
MR JOSEPH FLEISCHER BOARD MEMBER 1.00
Director
$0 $0 $0
DR LEONARD KLEINROCK BOARD MEMBER 1.00
Director
$0 $0 $0
MS MAUREEN MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
MR FRANK J SCIAME BOARD MEMBER 1.00
Director
$0 $0 $0
MR SY STERNBERG BOARD MEMBER 1.00
Director
$0 $0 $0
DR LEV SVIRIDOV '05 BOARD MEMBER 1.00
Director
$0 $0 $0
MR MICHAEL SUTTON BOARD MEMBER 1.00
Director
$0 $0 $0
MR PETER ZAHN BOARD MEMBER 1.00
Director
$0 $0 $0
MR NICOLAS ROC BOARD MEMBER 1.00
Director
$0 $0 $0
MR JAY KO BOARD MEMBER 1.00
Director
$0 $0 $0
MS NOOPUR JAIN BOARD MEMBER 1.00
Director
$0 $0 $0
MS HAZEL-ANN MAYERS JAMES BOARD MEMBER 1.00
Director
$0 $0 $0
MS DEE DEE MOZELESKI SVP/EXECUTIVE DIRECTOR 35.00
Officer
$0 $0 $0
MRLUCAS KOEHLER CFO & SENIOR FINANCE DIRECTOR 35.00
Officer
$0 $0 $0
MS BARBARA EVANS ASSOCIATE EXECUTIVE DIRECTOR 35.00
Officer
$0 $0 $0
MR EDSON PEREZ AMAYA STAFF LIAISON 35.00
Officer
$0 $0 $0
MS MICHELLE ORTEGA STAFF LIAISON 35.00
Officer
$0 $0 $0
MSVICTORIA CARTER STAFF LIAISON 20.00
Officer
$0 $0 $0
ELIZABETH VACA-VALVERDE DIRECTOR OF ACCOUNTING 35.00
Highest
$0 $46,005 $174,639
RONALD WOODFORD ENDOWMENT ACCOUNTING MANAGER 35.00
Highest
$0 $13,518 $120,932
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 $61,529,143 $37,056,675 $472,073,102 $24,472,468
2024 No data No data No data No data
2023 $27,910,258 $33,668,656 $359,239,017 $-5,758,398
2022 $102,671,668 $28,616,404 $332,549,861 $74,055,264
2022 $102,453,904 $28,398,640 $332,549,861 $74,055,264
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