ST NICKS ALLIANCE CORP

BROOKLYN, NY, 11211-1695 (718) 388-5454 Est. 1975 EIN 51-0192170

S200— Community Improvement Form 990 501(c)(3)

WWW.STNICKSALLIANCE.ORG

Mission

THE MISSION IS TO SERVE AS A CATALYST TO IMPROVE ECONOMIC AND EDUCATIONAL OPPORTUNITY FOR LOW- AND MODERATE-INCOME RESIDENTS BY ADDRESSING ECONOMIC, EDUCATIONAL, HEALTH, HOUSING, AND SOCIAL NEEDS WHILE PRESERVING THE VIBRANT AND DIVERSE CHARACTER OF THE ENTIRE COMMUNITY.

Financials

Total Revenue

$52,087,922

Total Expenses

$52,253,965

Net Assets

$23,024,009

979 employees 19 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

5.3 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 10.3%

Expenses ↑ 9.6%

Revenue Sources

Contributions 75.4% Earned revenue 21.4% Other 3.0%

Expense Breakdown

Program 87.2% Management 12.6% Fundraising 0.2%

Officers & Key Employees (27)

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Grants Received (204)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$52,087,922 ↑	$52,253,965	$23,024,009
2023 Form 990	$47,226,314 ↑	$47,665,555	$22,872,677
2022 Form 990	$42,381,816 ↑	$41,852,946	$23,006,691
2020 Form 990	$31,283,028 ↓	$30,454,020	$22,316,052
2019 Form 990	$31,352,888 ↓	$29,467,665	$21,442,968
2018 Form 990	$31,717,157	$26,649,138	$19,506,755