HOMESAVERS COUNCIL OF GREENFIELD GARDENS INC (EIN 043198957) - 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

1996

Legal Domicile

Principal Officer

ANDREA GOLDMAN

Phone

4137728710

Tax Period

2020-10-01 to 2021-09-30

HOMESAVERS COUNCIL OF GREENFIELD GARDENS INC, founded in 1996, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2020. Revenue decreased 8% compared to the prior year. Expenses of $3.2M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO OPERATE AN AFFORDABLE HOUSING PROJECT

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,621,507

Investment Income $6,682

Other Revenue $15,452

TOTAL REVENUE $2,643,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,665,647

Other Expenses $3,162,010

TOTAL EXPENSES $3,162,010

Year-over-Year Comparison

	2020	2019	Change
Revenue	$2,643,641	$2,875,256	-0.1%
Expenses	$3,162,010	$2,725,607	+0.2%
Net Income	$-518,369	$149,649	-4.5%

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

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
ANDREA GOLDMAN	PRESIDENT	0.50	Officer Director	$0	$0	$0
APRIL PAGE	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
PAUL PLANKEY	MEMBER	0.50	Director	$0	$0	$0
CHRISTOPHER HEMMINGWAY	MEMBER	0.50	Director	$0	$0	$0
TOCARRA JOHNSON	MEMBER	0.50	Director	$0	$0	$0
WALTER WHITE	MEMBER	0.50	Director	$0	$0	$0
DEDRA LEWIS	MEMBER	0.50	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
2021	$2,643,641	$3,162,010	$17,732,068	$-518,369
2020	$2,875,256	$2,725,607	$18,039,607	$149,649
2019	$2,199,979	$2,318,514	$17,938,473	$-118,535
2018	$2,152,250	$2,285,550	$8,996,240	$-133,300

HOMESAVERS COUNCIL OF GREENFIELD GARDENS INC