NYCMedics is unwavering in our commitment to fiscal responsibility and the efficient, effective use of funds. Every dollar entrusted to us is administered with the utmost care, and a keen focus on ensuring that it translates into tangible impact. We adhere to rigorous financial management practices, constantly seeking innovative ways to maximize the value of our resources. 

Our steadfast dedication to efficiency means that each contribution goes directly towards advancing our mission, ensuring that the communities and causes we support benefit in the most meaningful and sustainable ways. We take pride in our responsible stewardship of funds, embracing transparency, accountability, and continuous improvement as core principles that guide our financial operations. 

Here are some specific examples of how we demonstrate our commitment to fiscal stewardship and efficient use of funds:

  • We have a robust budgeting process to ensure spending is aligned with our priorities.
  • We track expenses carefully and regularly review our budgets to identify areas where we can save money without sacrificing quality.
  • We have strong internal controls in place to prevent fraud and misuse of funds.
  • We conduct regular audits to ensure our financial operations are compliant with all applicable laws, regulations, and donor requirements.
  • We are committed to transparency and make financial documents available to the public.
  • We invest in programs and services that are effective and that make a real difference in the lives of the people we serve.
  • We evaluate our programs and services regularly to ensure that they are meeting objectives and using resources efficiently.
  • We partner with other organizations to leverage our resources and expertise.
  • We are working hard to diversify our revenue streams to reduce our reliance on any one source of funding.

NYCMedics is a federally registered 501(c)(3) not-for-profit organization. Our EIN is 20-4209205. Our headquarters are based in New York City, and we are registered as a not-for-profit charitable organization in the State of New York.

Audited Financial Statements

Our commitment to transparency extends to our financial operations, and we make our audited financial statements readily available to the public. By providing this access, we aim to build trust, demonstrate accountability, and offer our supporters and stakeholders a clear view of how their contributions are utilized for the betterment of our mission.

Form 990 Filings

A 990 tax form provides a comprehensive snapshot of am organizations financial health, revealing its revenue sources, expenses, executive compensation, and key activities. It offers transparency by showcasing how the organization allocates its resources and whether it adheres to its stated mission and goals. By sharing these documents, we ensure that our donors, beneficiaries, and the broader community can easily access and review our financial activities, fostering transparency and trust in our organization.