Civic Intelligence

Ny Crossroads Inc.

EIN 88-2267245 • 501(c)3 • Rhinebeck, NY

Pub. 78 Eligible990-N CoverageNTEE S30

Profile

Ny crossroads was formed to bring a new york state funded pre-seed accelerator and venture competition to the hudson valley. We aim to support companies that have proprietary technology, market-defining products, rapid growth potential, and impact to the hudson valley. Ny crossroads is designed to attract and retain high growth startup businesses to the hudson valley by helping accelerate traction, attain fundraising milestones, and promote a sustainable company culture by embracing the live-work-play ethos of the hudson valley.

6565 Spring Brook Ave 8310Rhinebeck, NY 12572

www.nycrossroads.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

1st percentile

-86000%

Higher net margin than 1% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S30 • <$500k nonprofits • Source year 2023

Asset Growth

34th percentile

-15%

Faster asset growth than 34% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-100%

Faster revenue growth than 5% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$14,868

Down $2,580 (-15%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$14,868

Down $2,580 (-15%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Down

$3

Down $24,997 (-100%) from 2022

Expenses

Down

$2,583

Down $4,969 (-66%) from 2022

Net Income

Down

-$2,580

Down $20,028 (-115%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

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

$20K$15K$10K$5.0K$0Assets 2022: $17,448Net Assets 2022: $17,4482022Assets 2023: $14,868Net Assets 2023: $14,8682023

Highlighted filing

2023

Assets$14,868
Liabilities-
Net Assets$14,868
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$30K$20K$10K$0-$10KRevenue 2022: $25,000Expenses 2022: $7,552Net Income 2022: $17,4482022Revenue 2023: $3Expenses 2023: $2,583Net Income 2023: -$2,5802023

Highlighted filing

2023

Revenue$3
Expenses$2,583
Net Income-$2,580
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,868
Liabilities
-
Net assets
$14,868
Revenue
$3
Expenses
$2,583
Net income
-$2,580
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$14.9$14.9$0.00$2.58$2.58
2022Detailed filing. Detailed filing data is available for this year.$17.4$17.4$25.0$7.55$17.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 28, 2024
Return Version
2023v5.0
Gross Receipts
$3
Mission and Program Overview

Mission

Ny crossroads was formed to bring a new york state funded pre-seed accelerator and venture competition to the hudson valley. We aim to support companies that have proprietary technology, market-defining products, rapid growth potential, and impact to the hudson valley. Ny crossroads is designed to attract and retain high growth startup businesses to the hudson valley by helping accelerate traction, attain fundraising milestones, and promote a sustainable company culture by embracing the live-work-play ethos of the hudson valley.

Program Services

DescriptionGrantsExpenses
NY CROSSROADS WILL CONTRIBUTE TO A DIVERSE AND THRIVING STARTUP ECOSYSTEM BY ATTRACTING 25 MILLION OF NYS EMPIRE STATE DEVELOPMENT FUNDING AND DEPLOYING IT OVER FIVE YEARS TO ANCHOR AND SUPPORT 50 STARTUP COMPANIES IN THE HUDSON VALLEY. NY CROSSROADS GIVES FOUNDERS ACCESS TO THE SUPPORT NEEDED TO GROW THEIR COMPANIES. THE FOUNDERS WE SUPPORT WILL GROW THEIR OPERATIONS, CREATE JOBS, SECURE INVESTMENT, AND CONTRIBUTE TO NEW YORK STATES VIBRANT AND PROSPEROUS COMMUNITY.--
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEON GREENEPresident-$0--
JOHN LEHANEVice Preside-$0--
ANTHONY DIMARCOTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Ny Crossroads Inc
EIN
88-2267245
Phone
7168456000
Address
6565 SPRING BROOK AVE 8310, RHINEBECK, NY 12572

Signing Officer

Name
Leon Greene
Title
President
Phone
7168456000
Signed
2024-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Rbt Cpas Llp
Address
11 RACQUET RD, NEWBURGH, NY 12550
Preparer
Davide Digenova CPA
Phone
8455679000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expense 499 software & applications 648 bank fees 97 taxes 25 total 1,269”

Form 990-ez, Part III

“Ny crossroads was formed to bring a new york state funded pre-seed accelerator and venture competition to the hudson valley. We aim to support companies that have proprietary technology, market-defining products, rapid growth potential, and impact to the hudson valley. Ny crossroads is designed to attract and retain high growth startup businesses to the hudson valley by helping accelerate traction, attain fundraising milestones, and promote a sustainable company culture by embracing the live-work-play ethos of the hudson valley.”

Form 990-ez, Part III, Line 28

“Ny crossroads will contribute to a diverse and thriving startup ecosystem by attracting 25 million of nys empire state development funding and deploying it over five years to anchor and support 50 startup companies in the hudson valley. Ny crossroads gives founders access to the support needed to grow their companies. The founders we support will grow their operations, create jobs, secure investment, and contribute to new york states vibrant and prosperous community.”

Raw XML Appendix113 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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