Nonprofit suspends operations amid liquidity crisis

A 20-year-old nonprofit advocating for victims of sexual assault abruptly dismissed its 23-person staff and shut down earlier this month, leaving behind a cryptic message on its website.

The New York City Alliance Against Sexual Assault noted on its site that it “has suspended operations as of June 16, 2021” and provided a backup number for those in crisis. Documents reviewed by Crain’s cited a liquidity crisis for the agency, which had $1.79 million in revenue last year, including $1.61 million in government grants. The agency had churned through leaders over the last year.

Staff members said they were taken by surprise during a June 15 afternoon Zoom

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