UBS ARENA FOUNDATION INC

EIN: 873101570 501(c)(3) Community Improvement

FLORAL PARK, NY

Total Revenue
$354,663
Total Expenses
$225,041
Total Assets
$512,683
Net Assets
$129,622
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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
NY
Principal Officer
CHARLES GRONEMAN
Phone
5164608934
Tax Period
2021-10-13 to 2021-12-31

UBS ARENA FOUNDATION INC, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $355K in total revenue in fiscal year 2021. The organization ran a surplus of $130K, a strong 37% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO MAKE THE LOCAL COMMUNITY STRONGER FOCUSING ON CAREER DEVELOPMENT, HEALTH & WELLNESS AND THE ARTS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $354,663
TOTAL REVENUE $354,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $225,041
Other Expenses $225,041
TOTAL EXPENSES $225,041

Year-over-Year Comparison

2021 2020 Change
Revenue $354,663 N/A N/A
Expenses $225,041 N/A N/A
Net Income $129,622 N/A N/A
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
5
Independent Members
5
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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM PISTORE PRESIDENT 2.00
Officer Director
$0 $0 $0
ZACHARY KLEIN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
LEA DEL ROSARIO SECRETARY 2.00
Officer Director
$0 $0 $0
CHARLES GRONEMAN TREASURER 2.00
Officer Director
$0 $0 $0
HANK ABATE DIRECTOR 2.00
Director
$0 $0 $0
ETHAN BROWN EXECUTIVE DIRECTOR 1.00
Officer
$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
2021 $354,663 $225,041 $512,683 $129,622
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