PARK CITY INITIATIVE CORPORATION

EIN: 900074489 501(c)(3) Housing & Shelter

Bridgeport, CT

Total Revenue
$836,964
Total Expenses
$877,896
Total Assets
$132,714
Net Assets
$72,131
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CT
Principal Officer
Mary Green
Phone
2038730260
Tax Period
2024-01-01 to 2024-12-31

PARK CITY INITIATIVE CORPORATION, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $837K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

Our mission is to help transform Bridgeport and neighboring communities by decreasing food insecurity, aiding families in crisis, and breaking generational cycles of poverty.

Program Service Accomplishments

Program 1
Expenses: $798,339 Revenue: $834,645

The Bishop Jean Williams Community Market is a star program of Park City Initiative Corp. It continues to provide critical food and resources to families who are economically and food insecure. 1 out...

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The Bishop Jean Williams Community Market is a star program of Park City Initiative Corp. It continues to provide critical food and resources to families who are economically and food insecure. 1 out of 6 families in the State of Connecticut suffers from food insecurity. In 2024, the Community Market provided 1,000,354.17 meals to over 32,113.00 families. This includes care boxes delivered to seniors and disabled individuals. Our community market aims to provide a personalized shopping experience, offering a variety of fresh produce and essential items to our neighbors in need. Our Community Market provides a one-stop experience that includes a variety of other community resources and agencies that provide essential, empowering programs that are vital and lead toward the success of our families. We believe that everyone deserves access to nutritious food, and our market is a step towards ensuring that our community thrives with health, education, and dignity.

Program 2
Expenses: $1,300 Revenue: $0

he Resource Assistance Department continues to collaborate with other local community agencies, referring families to obtain other resources to help them become independently secure.

Program 3
Expenses: $78,257 Revenue: $2,318

Our mobile outreach, "Metro World Kidz-Park City, in partnership with Metro World Child, Brooklyn, NY provided outreach programs to approximately 350 children ages 5-12. We provided after-school...

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Our mobile outreach, "Metro World Kidz-Park City, in partnership with Metro World Child, Brooklyn, NY provided outreach programs to approximately 350 children ages 5-12. We provided after-school homework assistance and summer camp to over 80 children. The children received theater arts, STEM, social, and life skills training, and fun-filled field trips. The mobile operation has been in operation since 2003. The Youth Leadership program trained 6 youth, with emphasis on social skills, financial literacy, college, and job readiness.

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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 $835,174
Program Service Revenue $0
Investment Income $1,790
Other Revenue $0
TOTAL REVENUE $836,964

Expense Breakdown

Grants Paid $2,459
Salaries & Benefits $84,914
Fundraising Expenses $0
Program Expenses $877,896
Other Expenses $790,523
TOTAL EXPENSES $877,896

Year-over-Year Comparison

2024 2023 Change
Revenue $836,964 $924,590 -0.1%
Expenses $877,896 $874,920 +0.0%
Net Income $-40,932 $49,670 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
6
Volunteers
241

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
2
$0
Total Directors
7
$28,425
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY GREEN PRESIDENT 15
Director
$13,000 $0 $13,000
LEONARD GREEN VICE PRESIDENT 16
Director
$12,300 $0 $12,300
DYMONIQUE COLON Director 2
Director
$3,125 $0 $3,125
YOLANDA HOPKINS Director 2
Director
$0 $0 $0
ESTHER DIXON DIRECTOR 2
Director
$0 $0 $0
LUIS BURGOS BOARD TREASURER 4
Director
$0 $0 $0
MATT ALCEBO Director 2
Director
$0 $0 $0
MICHELE DEPINA CHAIRPERSON 2
Officer
$0 $0 $0
PETER MITCHEL SECRETARY 6
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
2024 $836,964 $877,896 $132,714 $-40,932
2023 $924,590 $874,920 $196,295 $49,670
2022 $747,531 $739,131 $100,053 $8,400
2021 $697,737 $695,660 $91,851 $2,077
2020 $464,918 $441,477 $91,007 $23,441
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