New Yorkers for Local Businesses (EIN 933886342) - Form 990 Financial Analysis & Trantor Score

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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

2023

Legal Domicile

Principal Officer

Elli Abdoli

Phone

4153896800

Tax Period

2024-01-01 to 2024-12-31

New Yorkers for Local Businesses, founded in 2023, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $255K, a strong 19% operating margin.

Mission

To promote the common good and social welfare of the people of New York by educating the public and advocating on important issues of public policy, including issues related to consumers, franchisees, local restaurants, and workers.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,289,848

Program Service Revenue $0

Investment Income $35,656

Other Revenue $0

TOTAL REVENUE $1,325,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $995,531

Other Expenses $1,070,006

TOTAL EXPENSES $1,070,006

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,325,504	$1,611,671	-0.2%
Expenses	$1,070,006	$43,817	+23.4%
Net Income	$255,498	$1,567,854	-0.8%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roy Iraci	Pres & Director	1.00	Officer Director	$0	$0	$0
David Singelyn	Pres, VP, & Dir	1.00	Officer Director	$0	$0	$0
Joe Chiczewski	Secty & Dir.	1.00	Officer Director	$0	$0	$0
John Laurino	V. Pres & Dir.	1.00	Officer Director	$0	$0	$0
Angie Blissett	Secretary & Dir	1.00	Officer Director	$0	$0	$0
Elli Abdoli	CFO	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
2024	$1,325,504	$1,070,006	$1,823,352	$255,498
2023	$1,611,671	$43,817	$1,567,854	$1,567,854

New Yorkers for Local Businesses