CAREERWISE NEW YORK INC

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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

Principal Officer

BRENT PARTON

Phone

7209024320

Tax Period

2025-01-01 to 2025-12-31

CAREERWISE NEW YORK INC, founded in 2020, is a community nonprofit in the Education sector that reported $5.5M in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

CAREERWISE NEW YORK'S MISSION IS TO FORGE PATHWAYS TO MEANINGFUL CAREERS THROUGH BOLD ADVOCACY, INNOVATIVE APPRENTICESHIPS, AND INDUSTRY LED PARTNERSHIPS, CREATING A DYNAMIC TALENT ECOSYSTEM THAT CONNECTS AMBITION TO OPPORTUNITY FOR EMPOWERED YOUNG PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $4,869,086 Revenue: $2,412,339

CAREERWISE NEW YORK (CAREERWISE) IS A FIRST OF ITS KIND, MODERN YOUTH APPRENTICESHIP BASED IN NEW YORK CITY. OUR APPROACH OFFERS HIGH SCHOOL STUDENTS OPPORTUNITIES IN GROWING NYC INDUSTRIES, SUCH AS IT, FINANCIAL SERVICES, AND BUSINESS OPERATIONS, AND PROVIDES ALL APPRENTICES WITH A PRACTICAL LEARNING EXPERIENCE TO AUGMENT THE CLASSROOM. FOR EMPLOYERS, CAREERWISE NEW YORK OFFERS BUSINESSES A HANDS ON ROLE IN DEVELOPING WORKREADY TALENT WITH THE SKILLS EMPLOYERS NEED TO INNOVATE AND GROW THEIR BUSINESS.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $3,120,985

Program Service Revenue $2,412,339

Investment Income $4,977

Other Revenue $0

TOTAL REVENUE $5,538,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,094,533

Fundraising Expenses $64,854

Program Expenses $4,869,086

Other Expenses $1,410,007

TOTAL EXPENSES $5,504,540

Year-over-Year Comparison

	2025	2024	Change
Revenue	$5,538,301	$4,669,150	+0.2%
Expenses	$5,504,540	$5,432,671	+0.0%
Net Income	$33,761	$-763,521	-1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$631,821

Total Directors

Key Employees

$235,593

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENT PARTON	PRESIDENT	28.00	Officer	$267,358	$25,862	$407,802
NOEL PARISH	VP OF PROGRA	16.00	Highest	$41,194	$34,785	$240,754
MARIE ADOLPHE	CHIEF PROGRA	40.00	Key Emp	$218,628	$16,965	$235,593
KATHRYN BEACH	CFO	10.00	Officer	$0	$30,094	$224,019
TONY GASTON	VP, E'ER PAR	40.00	Highest	$177,845	$13,079	$190,924
GREG MATEO	DIR, CREDENT	40.00	Highest	$116,883	$29,073	$145,956
ZARA ANWARZAI	SR DIR, OPER	40.00	Highest	$108,618	$22,298	$130,916
ANNE KELLEY KEMPLE	SR DIR, ONBO	40.00	Highest	$120,555	$5,228	$125,783
JJ AMENT	TREASURER	1.00	Officer Director	$0	$0	$0
FIONA ARNOLD	SECRETARY	1.00	Officer Director	$0	$0	$0
KIERSTEN BARNET	BOARD MEMBER	1.00	Director	$0	$0	$0
CLAIRE FIDDIAN-GREEN	BOARD MEMBER	1.00	Director	$0	$0	$0
NOEL GINSBERG	CEO AND CHAI	20.00	Officer Director	$0	$0	$0
TAL GOLDHAMER	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM HUNTER-REED	BOARD MEMBER	1.00	Director	$0	$0	$0
SUZI LEVINE	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNA LYNNE	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLA MCNALLY	BOARD MEMBER	1.00	Director	$0	$0	$0
MOSES OJEDA	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDSEY PADRINO	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL SEROTA	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS TERRILL	BOARD MEMBER	1.00	Director	$0	$0	$0
RAH THOMAS	BOARD MEMBER	1.00	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
2025	$5,538,301	$5,504,540	$3,292,961	$33,761
2024	$4,669,150	$5,432,671	$2,865,468	$-763,521
2023	$4,734,366	$4,889,728	$3,886,101	$-155,362
2022	$3,912,999	$3,477,918	$3,784,786	$435,081
2021	$3,892,056	$2,370,470	$3,099,421	$1,521,586
2020	$2,181,577	$712,912	$1,567,082	$1,468,665