Studentsfirst New York Inc
- Assets
- $2.7m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 25
- Location
- New York, NY
- Founding
- 10/2014
- Data as of
- 07/2021
- EIN
- 45-4296699
Organization Overview
Studentsfirst New York Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 07/2021, Studentsfirst New York Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Studentsfirst New York Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 07/2021, Studentsfirst New York Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $2.4m during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SPEAK FOR NEW YORK STUDENTS WHO DEPEND ON PUBLIC EDUCATION FOR THE SKILLS THEY NEED TO SUCCEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENTSFIRST NEW YORK, INC. WORKED TO EMPOWER PARENTS THROUGHOUT NEW YORK THROUGH A COMPREHENSIVE MEMBERSHIP RECRUITMENT CAMPAIGN WITH THE GENERAL PUBLIC THAT PROVIDED AWARENESS AND INFORMATION REGARDING ITS MISSION AND EDUCATION REFORM POLICIES. IT ALSO HOSTED PRIVATE MEETINGS AND PUBLIC EVENTS AIMED AT GIVING VOICE TO PARENTS IN THE EDUCATION DEBATE.
STUDENTSFIRST NEW YORK, INC. ENGAGED IN PUBLIC POLICY DEVELOPMENT AND RESEARCH THAT EDUCATED THE PUBLIC ON REAL AND MEANINGFUL REFORMS ACROSS NEW YORK. STUDENTSFIRST NEW YORK, INC. PROVIDED INFORMATION ABOUT EDUCATION REFORM TO THE GENERAL PUBLIC THROUGH MATERIALS ANDPUBLICATIONS AND NEW AND TRADITIONAL MEDIA OUTLETS. THE PURPOSE OF THESE COMMUNICATIONS WAS TO ENSURE THE INTERESTS OF CHILDREN IN PUBLIC EDUCATION ARE WELL UNDERSTOOD BY TEACHERS, PARENTS, POLICYMAKERS AND THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Sedlis Executive Director | Officer | 35 | $426,988 |
Glen Weiner Deputy Exec. Director (thru 5/10/21) | Officer | 38 | $259,290 |
Michael Nitzky Senior Director Of Communications | Officer | 39 | $171,982 |
Joel Klein Chairperson | OfficerTrustee | 1 | $0 |
Colleen Dodman Director | Trustee | 1 | $0 |
Tiffany Dufu Director (thru 9/30/20) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Angelia Dickens Legal | 7/30/21 | $133,075 |
Liberty Consultants Accounting & Hr | 7/30/21 | $168,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,910,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,910,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,921,916 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $733,039 |
| Compensation of current officers, directors, key employees. | $43,982 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $217,729 |
| Pension plan accruals and contributions | $16,860 |
| Other employee benefits | $283,064 |
| Payroll taxes | $119,204 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $226,004 |
| Fees for services: Accounting | $190,657 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $322,488 |
| Advertising and promotion | $3,900 |
| Office expenses | $5,934 |
| Information technology | $16,326 |
| Royalties | $0 |
| Occupancy | $104,722 |
| Travel | $1,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,916 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $35,691 |
| All other expenses | $11,112 |
| Total functional expenses | $2,433,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,534,020 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,544 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,976 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,709 |
| Total assets | $2,677,249 |
| Accounts payable and accrued expenses | $85,302 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $85,302 |
| Net assets without donor restrictions | $2,341,947 |
| Net assets with donor restrictions | $250,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,677,249 |
Grants Awarded
Over the last fiscal year, Studentsfirst New York Inc has awarded $250,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PERISE PRACTICAL INC PURPOSE: GRANTS FOR SOCIAL WELFARE PURPOSES | $215,000 |
New York, NY PURPOSE: GRANTS FOR SOCIAL WELFARE PURPOSES | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Studentsfirst New York Inc has recieved totaling $1,300,000.
| Awarding Organization | Amount |
|---|---|
Robin Hood Foundation New York, NY PURPOSE: General | $1,300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Economic Security Project Inc New York, NY | $8,566,805 | $9,565,463 |
Womens March Inc Brooklyn, NY | $718,292 | $3,624,981 |
Jerome Levy Foundation New York, NY | $40,571,361 | $1,886,136 |
Pennsylvania Voice Philadelphia, PA | $3,140,883 | $3,984,614 |
Studentsfirst New York Inc New York, NY | $2,677,249 | $1,921,916 |
Fair Factories Clearinghouse Inc Lexington, MA | $635,126 | $2,116,858 |
All Out Action Fund Inc Long Island City, NY | $2,179,491 | $2,419,145 |
Bagly Inc Boston, MA | $1,258,862 | $2,003,712 |
Free Press Action Fund Florence, MA | $823,216 | $847,721 |
Ai For The People Brooklyn, NY | $234,428 | $877,490 |
Oxfam America Action Fund Inc Boston, MA | $698,027 | $785,636 |
Death Penalty Action Ghent, NY | $5,645 | $424,043 |