COMMUNITY STRONG 516 INC

EIN: 853624754 501(c)(3) Public & Societal Benefit

GLEN COVE, NY

Total Revenue
$3,575
Total Expenses
$5,122
Total Assets
$2,513
Net Assets
$2,513
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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
LONDELL WHEELER
Phone
5163420509
Tax Period
2022-01-01 to 2022-12-31

COMMUNITY STRONG 516 INC, founded in 2020, is a micro nonprofit in the Public & Societal Benefit sector that reported $4K in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. Expenses of $5K exceeded revenue, resulting in a 43% operating deficit.

Mission

to serve the community by providing a variety of services.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,575
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,575

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,122
Other Expenses $5,122
TOTAL EXPENSES $5,122

Year-over-Year Comparison

2022 2021 Change
Revenue $3,575 $4,060 -0.1%
Expenses $5,122 N/A N/A
Net Income $-1,547 $4,060 -1.4%
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

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
1
Independent Members
N/A
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LONDELL WHEELER President 0.00
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
2024 No data No data No data No data
2022 $3,575 $5,122 $2,513 $-1,547
2021 $4,060 No data $4,060 No data
2020 No data No data No data No data
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