BOSTON, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CHARLES H FARNSWORTH HOUSING CORPORATION, founded in 1979, is a small nonprofit in the Human Services sector that reported $586K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring.
TO PROVIDE CONGREGATE HOUSING FACILITIES FOR THE ELDERLY OF LIMITED MEANS WHO ARE UNABLE TO CARE FOR THEMSELVES.
PROVIDED A FACILITY LOCATED IN BOSTON, MA WITH 75 LOW-INCOME HOUSING UNITS TO ELDERLY PERSONS WITH FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL...
PROVIDED A FACILITY LOCATED IN BOSTON, MA WITH 75 LOW-INCOME HOUSING UNITS TO ELDERLY PERSONS WITH FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, HAPPINESS, AND USEFULNESS IN LONGER LIVING
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $585,720 | $1,723,033 | -0.7% |
| Expenses | N/A | $1,566,524 | -1.0% |
| Net Income | N/A | $156,509 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DEAN COLLOTTA | ASSISTANT TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONALD CHARSKY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LISA LEWIS | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT O'MALLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PETER R FENN ESQ | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NATALYA LESHCHINER | CFO | 1.00 |
Highest
|
$0 | $26,544 | $290,412 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $585,720 | No data | $1,360,097 | No data |
| 2022 | $1,723,033 | $1,566,524 | $18,081,304 | $156,509 |
| 2021 | $1,726,956 | $1,549,358 | $4,470,708 | $177,598 |
| 2020 | $1,628,469 | $1,653,113 | $4,344,815 | $-24,644 |
| 2019 | $1,603,832 | $1,625,198 | $4,200,235 | $-21,366 |
| 2018 | $1,576,917 | $1,604,353 | $4,295,072 | $-27,436 |
Compare CHARLES H FARNSWORTH HOUSING CORPORATION with other nonprofits in Massachusetts and across the country.