NRecreation & SportsEIN: 863966436· Ruling Year: 2021

Arverne East Phase 1 And Phase 2 Inc

New York, New York

CHealth Score
40C

Financial Health Score

Provisional

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

💰
$6.9M
Total Revenue
📊
$0
Total Expenses
🏦
$29.6M
Net Assets
📋
$13.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-69.7%
Year-over-year change (2022 → 2023)
Net Margin
+100.0%
Revenue minus expenses as % of revenue
Liabilities-to-Assets
31.8%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$6,926,32170%$0100%$43,398,33219%
2022$22,872,013$200,000$36,472,011

Frequently Asked Questions

What does Arverne East Phase 1 And Phase 2 Inc do?

Arverne East Phase 1 And Phase 2 Inc is a recreation & sports nonprofit organization based in New York. It is classified under NTEE code N32 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Arverne East Phase 1 And Phase 2 Inc financially healthy?

Based on our 9-metric Financial Health Score model, Arverne East Phase 1 And Phase 2 Inc has a score of 40/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Arverne East Phase 1 And Phase 2 Inc generate?

Arverne East Phase 1 And Phase 2 Inc reports $39.4M in annual revenue and holds $83.0M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Recreation & Sports category, or browse all nonprofits in New York.