ROCKLAND HOUSING FOUNDATION INC (EIN 043428810) - 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

2007

Legal Domicile

Principal Officer

MARGIE CARR

Phone

7818784156

Tax Period

2024-01-01 to 2024-12-31

ROCKLAND HOUSING FOUNDATION INC, founded in 2007, is a micro nonprofit in the Housing & Shelter sector that reported $71K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $67K, a strong 95% operating margin.

Mission

THE CORPORATION WAS ORGANIZED TO PROMOTE, DEVELOP, AND MANAGE LOW AND MODERATE INCOME HOUSING.

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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 $0

Program Service Revenue $46,000

Investment Income $24,587

Other Revenue $0

TOTAL REVENUE $70,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,660

TOTAL EXPENSES $3,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$70,587	$106,935	-0.3%
Expenses	$3,660	$54,802	-0.9%
Net Income	$66,927	$52,133	+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

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
L DIANE LOGAN	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
ANTON MATERNA	BOARD MEMBER	0.25	Director	$0	$0	$0
IAN DAVIDSON	BOARD MEMBER	0.25	Director	$0	$0	$0
KIM DICENSO	BOARD MEMBER	0.25	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
2024	$70,587	$3,660	$500,057	$66,927
2023	$106,935	$54,802	$432,842	$52,133
2022	$47,307	$68,371	$380,709	$-21,064
2021	$40,529	$47,346	$454,773	$-6,817
2020	$290,798	$52,452	$461,590	$238,346

ROCKLAND HOUSING FOUNDATION INC