MANGROVE COMMUNITY WEALTH INC

EIN: 874373793 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$704,176
Total Expenses
$448,719
Total Assets
$224,234
Net Assets
$110,079
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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
2022
Legal Domicile
DE
Principal Officer
JAMES JOHNSON-PIETT
Phone
2158681680
Tax Period
2023-01-01 to 2023-12-31

MANGROVE COMMUNITY WEALTH INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $704K in total revenue in fiscal year 2023. Revenue surged 205% from the prior year, signaling strong growth momentum. The organization ran a surplus of $255K, a strong 36% operating margin.

Mission

FOSTER PROSPERITY THROUGH NEIGHBORHOOD AND COMMUNITY WEALTH BUILDING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $597,475
Program Service Revenue $97,418
Investment Income $3,009
Other Revenue $6,274
TOTAL REVENUE $704,176

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $0
Fundraising Expenses $27,951
Program Expenses $379,446
Other Expenses $447,719
TOTAL EXPENSES $448,719

Year-over-Year Comparison

2023 2022 Change
Revenue $704,176 $231,089 +2.0%
Expenses $448,719 $400,967 +0.1%
Net Income $255,457 $-169,878 -2.5%
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
3
Independent Members
2
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES JOHNSON-PIETT PRESIDENT 15.00
Officer Director
$0 $0 $0
JUAN PEREZ TREASURER 5.00
Officer Director
$0 $0 $0
SYLVIE GALLIER HOWARD SECRETARY 5.00
Officer 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
2023 $704,176 $448,719 $224,234 $255,457
2022 $231,089 $400,967 $114,248 $-169,878
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