New York, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ROOSEVELT ISLAND BUSINESS ALLINANCE INC, founded in 2023, is a micro nonprofit in the Community Improvement sector that reported $83K in total revenue in fiscal year 2024. Revenue surged 229% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 27% operating margin.
The organization is comprised of businesses and residential buildings in the Roosevelt Island community with the goal of pursuing projects and goals with the purpose of improving the community.
The organization collects member dues to accumulate a reserve that will be applied to its projects and goals.
The organization collected committed contributions towards the development of a mobile app marketed to visiting tourists.
The organization co-hosted a fundraising gala for the purpose of generating funds to donate to neighborhood nonprofits.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $82,772 | $25,181 | +2.3% |
| Expenses | $60,754 | $683 | +88.0% |
| Net Income | $22,018 | $24,498 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Lewis Hartman | President, Board of Trustees | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Weisberg | Vice President, Board of Trustees | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Frank Raffaelle | Secretary, Board of Trustees | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Alexander Arzac | Treasurer, Board of Trustees | 1 |
Officer
Director
|
$0 | $0 | $0 |
| David Kramer | Vice President, Board of Trustees | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Joe Weishaar | Director At-Large, Board of Trustees | 1 |
Director
|
$0 | $0 | $0 |
| Mona Sen | Director At-Large, Board of Trustees | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $82,772 | $60,754 | $59,500 | $22,018 |
| 2024 | $25,181 | $683 | $37,478 | $24,498 |
| 2023 | $13,000 | $20 | $12,980 | $12,980 |
Compare ROOSEVELT ISLAND BUSINESS ALLINANCE INC with other nonprofits in New York and across the country.