Nyc First Inc

Organization Overview

Nyc First Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Nyc First Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nyc First Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Nyc First Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $3.0m during the year ending 06/2023. While expenses have increased by 13.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.NYC FIRST'S MISSION IS TO INSPIRE AND EMPOWER K-12 STUDENTS FROM DIVERSE COMMUNITIES ACROSS NEW YORK CITY EACH YEAR TO ENGAGE WITH STEM AND ROBOTICS IN MEANINGFUL AND JOYFUL WAYS. IT CREATES LEARNING EXPERIENCES THAT ENCOURAGE YOUNG PEOPLE TO THINK CRITICALLY AND CREATIVELY AND TO PERSEVERE. ITS PROGRAMS SET YOUNG PEOPLE ON PATHWAYS TO SUCCESS ACADEMICALLY AND PROFESSIONALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.THROUGH ITS STEM CENTERS, NYC FIRST CREATES AN ARRAY OF EMPOWERING, INNOVATIVE AND ACCESSIBLE EDUCATIONAL OPPORTUNITIES THROUGHOUT THE YEAR. THEY SUPPORT NYC FIRST'S DISTRICT-WIDE PROGRAMS AND ITS FIRST ROBOTICS LEAGUES, WHICH REACH HUNDREDS OF CLASSROOMS AND ROBOTICS TEAMS EACH YEAR. AT ITS STEM CENTERS, STAFF LEAD CREDIT-BEARING, IMMERSIVE COURSES, WITH THREE-HOUR-LONG, SCHOOL-DAY SESSIONS EACH WEEK. YEAR-LONG COURSES ALLOW STUDENTS TO IMMERSE THEMSELVES IN ROBOTICS, WHILE ALSO PROVIDING THEM WITH THE OPPORTUNITY TO APPLY THEIR KNOWLEDGE TO CREATE PROJECTS AND SOLUTIONS THAT SEEK TO SOLVE PROBLEMS IN THEIR COMMUNITIES. NYC FIRST PRESENTLY OPERATES TWO STEM CENTERS, AT CORNELL TECH AND IN THE NEW YORK PUBLIC LIBRARY'S WASHINGTON HEIGHTS BRANCH. NYC FIRST MANAGES ALL THREE FIRST PROGRAMS (FIRST LEGO LEAGUE, FIRST TECH CHALLENGE AND FIRST ROBOTICS COMPETITION SERVING STUDENTS AGES 4 TO 18 IN THE FIVE BOROUGHS OF NYC. EACH OF THE PROGRAMS IS DESIGNED TO PROVIDE INNOVATIVE SKILL BUILDING IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH THROUGH HANDS-ON, TEAM-BASED ACTIVITIES. MOST OF THE ACTIVITIES TAKE PLACE AS AFTER SCHOOL PROGRAMS, AND THERE ARE ALSO COMMUNITY-BASED ACTIVITIES AND CLASSROOM-BASED PROGRAMMING.NYC FIRST WORKS WITH NYC SCHOOL DISTRICTS TO WEAVE ROBOTICS PROGRAMS AT SCALE INTO THE SCHOOL DAY. NYC FIRST PROVIDES A RANGE OF SUPPORTS, INCLUDING PROFESSIONAL DEVELOPMENT, CLASSROOM SITE VISITS AND FIELD TRIPS TO NYC FIRST STEM CENTERS.NYC FIRST COORDINATES EVENTS THROUGHOUT NEW YORK CITY WHERE STUDENTS COMPETE WITH THEIR ROBOTS AND PRESENT TO JUDGING PANELS. IN THE FISCAL YEAR ENDING JUNE 30, 2023, NYC FIRST CONDUCTED OVER 20 EVENTS, WITH APPROXIMATELY 7,000 STUDENTS PARTICIPATING IN NYC FIRST PROGRAMS.NYC FIRST INC. HAS A CLOSE CONNECTION TO FIRST, A SEPARATE NOT-FOR-PROFIT ORGANIZATION THAT IS CONSIDERED UNRELATED FOR TAX PURPOSES. NYC FIRST IS THE OFFICIAL REPRESENTATIVE OF ALL FIRST PROGRAMS IN NEW YORK CITY. NYC FIRST ENTERS INTO AGREEMENTS WITH FIRST THAT OUTLINE ITS ROLES AND RESPONSIBILITIES TO FURTHER THE MISSION OF FIRST. THROUGH THESE VARIOUS AGREEMENTS, THE TWO ORGANIZATIONS PARTICIPATE IN VARIOUS TRANSACTIONS, INCLUDING GRANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Zigman
CEO
$268,594
Michael Dubno
Director, Co-Chairman
$0
David Siegel
Director, Co-Chairman
$0
Armen Avanessians
Director
$0
Gilda Barabino
Director
$0
Anne Kirschner
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$213,611
Related organizations$0
Government grants $287,378
All other contributions, gifts, grants, and similar amounts not included above$2,943,239
Noncash contributions included in lines 1a–1f $102,235
Total Revenue from Contributions, Gifts, Grants & Similar$3,444,228
Total Program Service Revenue$140,730
Investment income $21,073
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,904
Net Income from Fundraising Events -$86,386
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,521,549

Grants Awarded

Over the last fiscal year, Nyc First Inc has awarded $122,400 in support to 5 organizations.

Grant RecipientAmount

FOR INSPIRATION AND RECOGNITION OF SCIENCE AND TECHNOLOGY (FIRST)

PURPOSE: League Program Team Support

$91,600

FUND FOR PUBLIC SCHOOLS INC

PURPOSE: League Program Team Support

$9,400

JOHN DEWEY HIGH SCHOOL

PURPOSE: League Program Team Support

$7,500

QUEENS METROPOLITAN HIGH SCHOOL

PURPOSE: League Program Team Support

$6,900

STEAMWORKS ROBOTICS LLC

PURPOSE: League Program Team Support

$7,000
View Grant Profile

Peer Organizations

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