Civic Intelligence

New Strides Inc

EIN 11-3338053 • 501(c)3 • islip terrace, NY

Profile

New strides, inc. Is an affiliate of mercy haven, inc. Mercy havens mission is to acknowledge the dignity and potential of people who are homeless, living with mental illness or living in poverty by providing housing, advocacy, education and life skills development. Mercy haven and its affiliate, new strides, inc. Have grown throughout their 38 years to become a multifaceted community resource. We brought services to both nassau and suffolk counties in new york and are dedicated members of the communities we serve. From a humble beginning in bay shore in 1985, as a provider of housing for persons living with mental illness, our housing programs now include the elderly, limited income families as well as persons with special needs.

859 connetquot avenue ste 10islip terrace, NY 11752

www.mercyhaven.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.61x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

14.84x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

2nd percentile

-180%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

-7.4%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-29%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$734,099

Down $59,029 (-7.4%) from 2023

Liabilities

Up

$1,179,975

Up $84,078 (+7.7%) from 2023

Net Assets

Down

-$445,876

Down $143,107 (-47%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Down

$79,531

Down $32,772 (-29%) from 2023

Expenses

Up

$222,638

Up $48,942 (+28%) from 2023

Net Income

Down

-$143,107

Down $81,714 (-133%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2010: $1,005,529Liabilities 2010: $972,692Net Assets 2010: $32,8372010Assets 2011: $988,737Liabilities 2011: $956,370Net Assets 2011: $32,3672011Assets 2012: $957,720Liabilities 2012: $913,040Net Assets 2012: $44,6802012Assets 2013: $928,615Liabilities 2013: $872,629Net Assets 2013: $55,9862013Assets 2014: $938,356Liabilities 2014: $885,840Net Assets 2014: $52,5162014Assets 2015: $972,807Liabilities 2015: $907,002Net Assets 2015: $65,8052015Assets 2016: $944,132Liabilities 2016: $894,923Net Assets 2016: $49,2092016Assets 2017: $849,379Liabilities 2017: $812,364Net Assets 2017: $37,0152017Assets 2018: $847,411Liabilities 2018: $865,801Net Assets 2018: -$18,3902018Assets 2019: $782,016Liabilities 2019: $845,059Net Assets 2019: -$63,0432019Assets 2020: $806,746Liabilities 2020: $921,433Net Assets 2020: -$114,6872020Assets 2021: $799,420Liabilities 2021: $976,596Net Assets 2021: -$177,1762021Assets 2022: $792,950Liabilities 2022: $1,034,326Net Assets 2022: -$241,3762022Assets 2023: $793,128Liabilities 2023: $1,095,897Net Assets 2023: -$302,7692023Assets 2024: $734,099Liabilities 2024: $1,179,975Net Assets 2024: -$445,8762024

Highlighted filing

2024

Assets$734,099
Liabilities$1,179,975
Net Assets-$445,876
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KExpenses 2010: $118,3472010Expenses 2011: $118,6582011Expenses 2012: $112,6392012Revenue 2013: $124,255Expenses 2013: $112,949Net Income 2013: $11,3062013Revenue 2014: $123,242Expenses 2014: $126,712Net Income 2014: -$3,4702014Revenue 2015: $125,736Expenses 2015: $112,447Net Income 2015: $13,2892015Revenue 2016: $118,791Expenses 2016: $135,387Net Income 2016: -$16,5962016Revenue 2017: $115,063Expenses 2017: $127,257Net Income 2017: -$12,1942017Revenue 2018: $101,001Expenses 2018: $156,406Net Income 2018: -$55,4052018Revenue 2019: $84,041Expenses 2019: $128,694Net Income 2019: -$44,6532019Revenue 2020: $82,392Expenses 2020: $134,036Net Income 2020: -$51,6442020Revenue 2021: $85,032Expenses 2021: $147,521Net Income 2021: -$62,4892021Revenue 2022: $104,068Expenses 2022: $168,268Net Income 2022: -$64,2002022Revenue 2023: $112,303Expenses 2023: $173,696Net Income 2023: -$61,3932023Revenue 2024: $79,531Expenses 2024: $222,638Net Income 2024: -$143,1072024

Highlighted filing

2024

Revenue$79,531
Expenses$222,638
Net Income-$143,107
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$734,099
Liabilities
$1,179,975
Net assets
-$445,876
Revenue
$79,531
Expenses
$222,638
Net income
-$143,107
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.73$1.18$0.45$0.08$0.22$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.79$1.10$0.30$0.11$0.17$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.79$1.03$0.24$0.10$0.17$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.98$0.18$0.09$0.15$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.92$0.11$0.08$0.13$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.85$0.06$0.08$0.13$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.87$0.02$0.10$0.16$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.81$0.04$0.12$0.13$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.89$0.05$0.12$0.14$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.91$0.07$0.13$0.11$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.89$0.05$0.12$0.13$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.93$0.87$0.06$0.12$0.11$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.91$0.04$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.96$0.03$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.97$0.03$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$79,531
Mission and Program Overview

Mission

To provide mentally ill and homeless persons with housing facilities and services specially designed to meet their physical, social and psychological needs, and to promote their health, security, happiness and usefulness in longer living.

New strides, inc. Is an affiliate of mercy haven, inc. Mercy havens mission is to acknowledge the dignity and potential of people who are homeless, living with mental illness or living in poverty by providing housing, advocacy, education and life skills development. Mercy haven and its affiliate, new strides, inc. Have grown throughout their 38 years to become a multifaceted community resource. We brought services to both nassau and suffolk counties in new york and are dedicated members of the communities we serve. From a humble beginning in bay shore in 1985, as a provider of housing for persons living with mental illness, our housing programs now include the elderly, limited income families as well as persons with special needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$523,538$495,109▼ $28,429
Savings and Temporary Cash Investments$152,894$158,029▲ $5,135
Cash and Non-Interest-Bearing Accounts$110,276$78,756▼ $31,520
Accounts Receivable$1,564$780▼ $784
Prepaid Expenses and Deferred Charges$4,176$720▼ $3,456
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$793,128$734,099▼ $59,029
Other Assets Total$680$705▲ $25
Liabilities
Mortgage Notes Payable Secured by Investment Property$625,801$625,801→ $0
Other Liabilities$457,577$542,065▲ $84,488
Accounts Payable and Accrued Expenses$12,519$12,109▼ $410
Total Liabilities$1,095,897$1,179,975▲ $84,078
Net Assets / Fund Balance
Net Assets With Donor Restrictions$649,699$649,699→ $0
Net Assets Without Donor Restrictions$-952,468$-1,095,575▼ $143,107
Total Net Assets Fund Balance$-302,769$-445,876▼ $143,107
Total Liabilities and Net Assets / Fund Balance$793,128$734,099▼ $59,029

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$255,794$535,330$791,124
Buildings$135,364$280,441$415,805
Land$103,951-$103,951
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
John MurrayCFO$140,146$140,146
Donna DonaghyAssoc. Exe. Director$131,990$131,990
Lori EtheridgeDirector of Finance$114,088$114,088
Gregory ManginiDirector of Facilities$101,081$101,081

Board Members and Trustees

NameTitle
Pat CollinsChairperson
Domenico CiaccioVice Chair
Anthony LautoBoard member
Bita MirBoard Member
Jim DigiovanniBoard member
Louise RegnanteBoard member
Mark SandbergBoard member
Melissa Marius-BurkeBoard member
Pat HickeyBoard member
Patricia RykertBoard member
Paul ConefryBoard member
Tom QuigleyBoard member
Sister Patricia GriffithExecutive Director
Fred BrendelSecretary
Ron EagarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$48,162
Program Service Revenue
$31,344
Investment Income
$25
Other Revenue
$0
Change in Net Assets
$-143,107

Audited Revenue Reconciliation

Revenue per Audited Statements
$79,531
Total Revenue per Audited Statements
$79,531
Total Revenue per Form 990
$79,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,744
Salaries, Compensation, and Employee Benefits$63,894
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$53,829--$53,829
Depreciation Depletion$34,279--$34,279
Insurance$17,006--$17,006
Fees for Services Accounting$7,994--$7,994
Fees for Services Other$5,756$210-$5,966
Other Expenses$3,958$1,997-$5,955
Fees for Services Legal$5,910--$5,910
Other Employee Benefits$5,575--$5,575
All Other Expenses$1,982$3,091-$5,073
Payroll Taxes$4,490--$4,490
Information Technology$602$3,410-$4,012
Office Expenses$72$960-$1,032
Travel$175$343-$518
Total Functional Expenses$203,312$19,326$0$222,638

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$222,638
Total Expenses per Audited Statements$222,638
Total Expenses per Form 990$222,638
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$540,224
Due to government agency$1,136
Security Deposit$705
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“the yearly audit draft is presented to the audit and finance committee of the board. As part of this process, the committee addresses the independent auditors with no staff present. After having satisfactorily answered the committee's questions, the auditors issue final audited financial statements. The form 990 is prepared by the independent auditors based on information from the audited financial statements. the form 990 is reviewed by management and distributed to the Board of Directors prior to filing with the IRS. the form is filed and the final copy of the audit and the 990 are posted on a document portal for all audit and compliance committee members to access.”

Form 990, Part VI, Section B, Line 12C

“all board members are required on an annual basis and in addition anytime the policy is updated to review and sign the current policy.”

Form 990, Part VI, Section C, Line 19

“our website offers opportunity to view our financial audit. the site is also linked to the better business bureau and refers readers to www.guidestar.org for further information about our agency.”

Filing and Contact Details

Filer

Filer Name
New Strides Inc
EIN
11-3338053
Phone
6312778300
Address
859 connetquot avenue ste 10, islip terrace, NY 11752

Signing Officer

Name
sister patricia griffith
Title
Executive Director
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
sister patricia griffith
Formed
1996
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
14

Preparer

Firm
Nawrocki Smith LLP
Address
100 Motor Parkway Suite 580, Hauppauge, NY 11788
Preparer
Christopher Angotta
Phone
6317569500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization was incorporated as a not-for-profit corporation under the laws of the State of New York and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable New York State tax laws. The Organization evaluates on an annual basis the effects of any uncertain tax positions on its financial statements using a threshold of more likely than not. As of December 31, 2024, the Organization has not identified or provided any such positions.”

Raw XML AppendixShowing 400 of 592 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Sister Patricia Griffith
IRS990/Form990PartVIISectionAGrp/PersonNm1John Murray
IRS990/Form990PartVIISectionAGrp/PersonNm2Donna Donaghy
IRS990/Form990PartVIISectionAGrp/PersonNm3Lori Etheridge
IRS990/Form990PartVIISectionAGrp/PersonNm4Gregory Mangini
IRS990/Form990PartVIISectionAGrp/PersonNm5Pat Collins
IRS990/Form990PartVIISectionAGrp/PersonNm6Domenico Ciaccio
IRS990/Form990PartVIISectionAGrp/PersonNm7Fred Brendel
IRS990/Form990PartVIISectionAGrp/PersonNm8Ron Eagar
IRS990/Form990PartVIISectionAGrp/PersonNm9Bita Mir
IRS990/Form990PartVIISectionAGrp/PersonNm10Paul Conefry
IRS990/Form990PartVIISectionAGrp/PersonNm11Jim Digiovanni
IRS990/Form990PartVIISectionAGrp/PersonNm12Pat Hickey
IRS990/Form990PartVIISectionAGrp/PersonNm13Anthony Lauto
IRS990/Form990PartVIISectionAGrp/PersonNm14Melissa Marius-Burke
IRS990/Form990PartVIISectionAGrp/PersonNm15Tom Quigley
IRS990/Form990PartVIISectionAGrp/PersonNm16Louise Regnante
IRS990/Form990PartVIISectionAGrp/PersonNm17Patricia Rykert
IRS990/Form990PartVIISectionAGrp/PersonNm18Mark Sandberg
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IRS990/MissionDesc0NEW STRIDES, INC. IS AN AFFILIATE OF MERCY HAVEN, INC. MERCY HAVENS MISSION IS TO ACKNOWLEDGE THE DIGNITY AND POTENTIAL OF PEOPLE WHO ARE HOMELESS, LIVING WITH MENTAL ILLNESS OR LIVING IN POVERTY BY PROVIDING HOUSING, ADVOCACY, EDUCATION AND LIFE SKILLS DEVELOPMENT. FROM A HUMBLE BEGINNING IN BAY SHORE IN 1985, AS A PROVIDER OF HOUSING FOR PERSONS LIVING WITH MENTAL ILLNESS, OUR HOUSING PROGRAMS NOW INCLUDE THE ELDERLY, LIMITED INCOME FAMILIES AS WELL AS PERSONS WITH SPECIAL NEEDS. MERCY HAVEN AND ITS AFFILIATE, NEW STRIDES, INC. HAVE GROWN THROUGHOUT THEIR 38 YEARS TO BECOME A MULTIFACETED COMMUNITY RESOURCE. OUR SUPPORT PROGRAMS INCLUDE FREE LEGAL ADVOCACY, EDUCATION AND EMPLOYMENT SKILLS TRAINING, COMMUNITY OUTREACH, STAFF ON CALL 24/7, AND A SOPHISTICATED PROPERTY MANAGEMENT DEPARTMENT. WE HAVE BROUGHT SERVICES TO BOTH NASSAU AND SUFFOLK COUNTIES IN NEW YORK AND ARE DEDICATED MEMBERS OF THE COMMUNITIES WE SERVE. WE ENVISION COMMUNITIES WHERE DIVERSITY AND INCLUSION ARE VALUED AND I
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