NY COMMUNITY FRIDGE CORP

EIN: 862346983 501(c)(3) Food, Agriculture & Nutrition

NEW YORK, NY

Total Revenue
$4,081,855
Total Expenses
$3,333,842
Total Assets
$2,188,210
Net Assets
$2,067,460
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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
2021
Legal Domicile
DE
Principal Officer
DANIEL ZAUDERER
Phone
9174972514
Tax Period
2024-01-01 to 2024-12-31

NY COMMUNITY FRIDGE CORP, founded in 2021, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $4.1M in total revenue in fiscal year 2024. The organization ran a surplus of $748K, a strong 18% operating margin.

Mission

USING THE POWER OF VOLUNTEERS AND COMMUNITY PARTNERSHIPS TO EXPAND DIGNIFIED ACCESS TO FOOD IN THE HEART OF DISADVANTAGED COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $2,773,885 Revenue: $0

REDUCING FOOD INSECURITY THROUGH RAPID RESCUE OF UNUSED PRODUCE AND DISTRIBUTION OF THAT PRODUCE TO HYPERLOCAL COMMUNITY PARTNERS, SET UP OF COMMUNITY REFRIGERATORS, AND FOOD PREPARATION IN...

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REDUCING FOOD INSECURITY THROUGH RAPID RESCUE OF UNUSED PRODUCE AND DISTRIBUTION OF THAT PRODUCE TO HYPERLOCAL COMMUNITY PARTNERS, SET UP OF COMMUNITY REFRIGERATORS, AND FOOD PREPARATION IN PARTNERSHIP WITH CORPORATIONS IN THE COMMUNITY.

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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 $4,057,279
Program Service Revenue $0
Investment Income $7,476
Other Revenue $17,100
TOTAL REVENUE $4,081,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $740,794
Fundraising Expenses $231,294
Program Expenses $2,773,885
Other Expenses $2,583,897
TOTAL EXPENSES $3,333,842

Year-over-Year Comparison

2024 2023 Change
Revenue $4,081,855 $4,193,033 0.0%
Expenses $3,333,842 $3,410,301 0.0%
Net Income $748,013 $782,732 0.0%
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
7
Independent Members
6
Employees
13
Volunteers
7000

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
$193,850
Total Directors
8
$193,850
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL ZAUDERER CEO 40.00
Officer Director
$178,779 $15,071 $193,850
MICHAEL KUSHNER BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ITZA RIVERA SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZABETH SMOLTZ TREASURER 1.00
Officer Director
$0 $0 $0
STU SPODEK DIRECTOR 1.00
Director
$0 $0 $0
ISABEL GILLIES DIRECTOR (THRU OCTOBER) 1.00
Director
$0 $0 $0
CLARISSA BLANCO DIRECTOR 1.00
Director
$0 $0 $0
ROHAN AMIN DIRECTOR 1.00
Director
$0 $0 $0
JORDAN MOTZKIN COO & CTO 40.00
Highest
$140,769 $17,741 $158,510
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 $4,081,855 $3,333,842 $2,188,210 $748,013
2023 $4,193,033 $3,410,301 $1,434,967 $782,732
2022 $1,736,354 $1,319,215 $544,353 $417,139
2021 $216,233 $96,657 $119,976 $119,576
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