DOWNEY SIDE INC (EIN 042441463) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Principal Officer

SR ELIZABETH ENGEL

Phone

9142229498

Tax Period

2024-07-01 to 2025-06-30

DOWNEY SIDE INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $321K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $296K left a modest 8% surplus.

Mission

FULL SERVICE ADOPTION AGENCY FOR OLDER HOMELESS CHILDREN AGES 7 TO 17. RECRUITMENT OF FAMILIES, SUPPORTING PARENTS THROUGH PLACEMENT PROCESS.

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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 $112,677

Program Service Revenue $192,008

Investment Income $0

Other Revenue $16,421

TOTAL REVENUE $321,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,767

Fundraising Expenses $0

Program Expenses $273,091

Other Expenses $237,928

TOTAL EXPENSES $295,695

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,106	$239,228	+0.3%
Expenses	$295,695	$343,270	-0.1%
Net Income	$25,411	$-104,042	-1.2%

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

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

$31,515

Total Directors

$31,515

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SR ELIZABETH ENGEL	EXECUTIVE DI	40.00	Officer Director	$0	$0	$0
TIM HART	PRESIDENT	40.00	Officer Director	$31,515	$0	$31,515
ERIC MALINOWSKI ESQ	SECRETARY	2.00	Officer Director	$0	$0	$0
TODD BROCCOLO	TREASURER	2.00	Officer Director	$0	$0	$0
IAN KELDOULIS	DIRECTOR	2.00	Director	$0	$0	$0
MARIA SLAVIN	DIRECTOR	2.00	Director	$0	$0	$0
JOHN HILLOCK	DIRECTOR	2.00	Director	$0	$0	$0
MARK KRAWIEC	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH HOPKINS ESQ	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA JACQUES	DIRECTOR	2.00	Director	$0	$0	$0
FR RUSSELL GRIFFIN	DIRECTOR	2.00	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	$321,106	$295,695	$89,808	$25,411
2024	$239,228	$343,270	$64,297	$-104,042
2023	$436,367	$338,451	$168,138	$97,916
2022	$375,827	$291,096	$107,077	$84,731
2021	$170,123	$212,179	$20,071	$-42,056
2020	$226,257	$230,008	$65,628	$-3,751
2019	$130,321	$205,636	$72,188	$-75,315

DOWNEY SIDE INC