STONY BROOK HOUSING INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

LAURA GORMLEY

Phone

2077839141

Tax Period

2024-07-01 to 2025-06-30

STONY BROOK HOUSING INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $109K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $28K, a strong 26% operating margin.

Mission

LOW INCOME HOUSING FOR PERSONS WITH SPECIAL NEEDS AND LIVING REQUIREMENTS.

Program Service Accomplishments

Program 1

Expenses: $70,339 Revenue: $26,777

THE ORGANIZATION PROVIDES LOW INCOME HOUSING FOR PERSONS WITH SPECIAL NEEDS AND LIVING REQUIRMENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $82,194

Program Service Revenue $24,201

Investment Income $2,576

Other Revenue $0

TOTAL REVENUE $108,971

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,339

Other Expenses $80,676

TOTAL EXPENSES $80,676

Year-over-Year Comparison

	2024	2023	Change
Revenue	$108,971	$128,775	-0.2%
Expenses	$80,676	$87,430	-0.1%
Net Income	$28,295	$41,345	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG SADDLEMIRE	CHAIR	5.00	Officer Director	$0	$0	$0
THEODORE CORNISH	VICE CHAIR	5.00	Officer Director	$0	$0	$0
ALYSSA DEAN-LITTLEFIELD	SECRETARY	5.00	Officer Director	$0	$0	$0
EDWARD BARRETT	TREASURER	5.00	Officer Director	$0	$0	$0
FOWSIA MUSSE	DIRECTOR	5.00	Director	$0	$0	$0
STEVEN MCDERMOTT	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$108,971	$80,676	$385,292	$28,295
2024	No data	No data	No data	No data
2023	$92,815	$90,490	$343,245	$2,325
2022	$93,014	$121,749	$324,957	$-28,735
2021	$78,553	$110,413	$355,298	$-31,860
2020	$74,671	$76,043	$361,393	$-1,372
2019	$74,090	$59,556	$359,902	$14,534