FARNAM NEIGHBORHOOD HOUSE INC (EIN 060646633) - 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

1937

Legal Domicile

Principal Officer

NORMAN BENDER

Phone

2035629194

Tax Period

2020-07-01 to 2021-06-30

FARNAM NEIGHBORHOOD HOUSE INC, founded in 1937, is a small nonprofit that reported $548K in total revenue in fiscal year 2020. Expenses of $662K exceeded revenue, resulting in a 21% operating deficit.

Mission

STRENGTHEN THE MINDS, BODIES, AND SPIRITS OF YOUTH AND THEIR FAMILIES

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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 $489,710

Program Service Revenue $29,051

Investment Income $84

Other Revenue $28,918

TOTAL REVENUE $547,763

Expense Breakdown

Grants Paid $0

Salaries & Benefits $376,539

Fundraising Expenses $0

Program Expenses $410,328

Other Expenses $285,247

TOTAL EXPENSES $661,786

Year-over-Year Comparison

	2020	2019	Change
Revenue	$547,763	$548,027	0.0%
Expenses	$661,786	$740,770	-0.1%
Net Income	$-114,023	$-192,743	-0.4%

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

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

$89,146

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMAN BENDER	PRESIDENT	3.00	Officer Director	$0	$0	$0
JUAN CANDELARIA	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
SHAFIQ ABDUSSABUR	SECRETARY	3.00	Officer Director	$0	$0	$0
JOSE CRESPO	TREASURER	3.00	Director	$0	$0	$0
FRED ACQUAVITA	DIRECTOR	3.00	Director	$0	$0	$0
WENDEL MATTHEW HARP	DIRECTOR	3.00	Director	$0	$0	$0
BRIAN TORNBERG	DIRECTOR	3.00	Director	$0	$0	$0
RAYNETTA GIBBS	DIRECTOR	3.00	Director	$0	$0	$0
DWAYNE DANCY	DIRECTOR	3.00	Director	$0	$0	$0
CHRIS VIGILANTE	DIRECTOR	3.00	Director	$0	$0	$0
ERIC PATCHKOFSKY	DIRECTOR	3.00	Director	$0	$0	$0
CAROL M HORSFORD	DIRECTOR	3.00	Director	$0	$0	$0
JAMELL COTTO	EXECUTIVE DIRECTOR	40.00	Key Emp Highest	$89,146	$0	$89,146

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	$547,763	$661,786	$1,557,483	$-114,023
2020	$548,027	$740,770	$1,589,504	$-192,743
2019	$625,139	$699,692	$1,613,683	$-74,553
2018	$596,642	$729,917	$1,749,025	$-133,275

FARNAM NEIGHBORHOOD HOUSE INC