NEW NEIGHBORS PARTNERSHIP ASSOCIATION

EIN: 853192882 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$491,695
Total Expenses
$442,540
Total Assets
$176,550
Net Assets
$171,860
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NY
Principal Officer
SHOSHANA AKABAS
Phone
9178430312
Tax Period
2024-01-01 to 2024-12-31

NEW NEIGHBORS PARTNERSHIP ASSOCIATION, founded in 2020, is a small nonprofit in the Human Services sector that reported $492K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $443K left a modest 10% surplus.

Mission

New Neighbors Partnership welcomes refugees, asylee, and asylum seeking families by helping them forge positive social connections with local families who can provide emotional, informational, and concrete support as they resettle.

Program Service Accomplishments

Program 1
Expenses: $365,227 Revenue: $9,800

Our clothing partnership program matches newly arrived refugee families with local families who have slightly older kids and can provide an ongoing source of clothing hand-me-downs during the...

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Our clothing partnership program matches newly arrived refugee families with local families who have slightly older kids and can provide an ongoing source of clothing hand-me-downs during the resettlement process.

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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 $481,292
Program Service Revenue $9,800
Investment Income $53
Other Revenue $550
TOTAL REVENUE $491,695

Expense Breakdown

Grants Paid $124,403
Salaries & Benefits $295,528
Fundraising Expenses $23,241
Program Expenses $365,227
Other Expenses $22,609
TOTAL EXPENSES $442,540

Year-over-Year Comparison

2024 2023 Change
Revenue $491,695 $443,219 +0.1%
Expenses $442,540 $439,799 +0.0%
Net Income $49,155 $3,420 +13.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
8
Volunteers
750

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
4
$70,140
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shoshana Akabas Executive Director 40.00
Officer
$70,140 $0 $70,140
Naomi Hachen Chair of the Board 0.20
Officer Director
$0 $0 $0
Adriel Koschitzky Treasurer 0.20
Officer Director
$0 $0 $0
Maya El-Cheikh Secretary 0.20
Officer Director
$0 $0 $0
Daphne Palasi Andreades Member 0.20
Director
$0 $0 $0
Ariella Barel Member 0.20
Director
$0 $0 $0
Serena Covkin Member 0.20
Director
$0 $0 $0
Joelle Fenton Member 0.20
Director
$0 $0 $0
Emani Fenton Member 0.20
Director
$0 $0 $0
Holly Schechter Member 0.20
Director
$0 $0 $0
Avia Tadmor Member 0.20
Director
$0 $0 $0
Charlotte Michailidis Member 0.20
Director
$0 $0 $0
Dana Sirota Member 0.20
Director
$0 $0 $0
Jenessa Abrams Member 0.20
Director
$0 $0 $0
Nisha Baliga Member 0.20
Director
$0 $0 $0
Sapna Owais Member 0.20
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
2024 $491,695 $442,540 $176,550 $49,155
2023 $443,219 $439,799 $127,081 $3,420
2022 $272,627 $269,699 $124,620 $2,928
2022 $272,559 $272,881 $124,620 $-322
2021 $207,567 $103,819 $120,357 $103,748
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