NORWALK, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORWALK HOUSING FOUNDATION INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $457K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $120K, a strong 26% operating margin.
TO PROVIDE SCHOLARSHIPS, EDUCATION, AND YOUTH PROGRAMS FOR TENANTS.
OUR MISSION IS TO PARTNER WITH OUR RESIDENTS TO BREAK THE CYCLE OF POVERTY AND PROMOTE INDEPENDENCE AND SELF-SUFFICIENCY. WORKING TOGETHER, WE BUILD THE HEALTHY ENVIRONMENTS NECESSARY FOR OUR...
OUR MISSION IS TO PARTNER WITH OUR RESIDENTS TO BREAK THE CYCLE OF POVERTY AND PROMOTE INDEPENDENCE AND SELF-SUFFICIENCY. WORKING TOGETHER, WE BUILD THE HEALTHY ENVIRONMENTS NECESSARY FOR OUR RESIDENTS TO THRIVE AND TO BE EMPOWERED TO CREATE LASTING CHANGE IN THEIR LIVES TO ULTIMATELY TRANSITION OUT OF PUBLIC HOUSING.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $457,347 | $416,371 | +0.1% |
| Expenses | $336,912 | $395,516 | -0.1% |
| Net Income | $120,435 | $20,855 | +4.8% |
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 |
|---|---|---|---|---|---|---|
| JOHN CHURCH | TREASURER | 0.00 |
Director
|
$0 | $0 | $0 |
| ISAAC WALCOTT | COMMISSIONER | 0.00 |
Director
|
$0 | $0 | $0 |
| BRENDA PENN-WILLIAMS | CHAIRMAN | 0.00 |
Director
|
$0 | $0 | $0 |
| LIZA BERMUDEZ-MONTGOMERY | VICE CHAIR | 0.00 |
Director
|
$0 | $0 | $0 |
| ADAM BOVILSKY | EXECUTIVE DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| TENESHIA JACOBS | COMMISSIONER | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $457,347 | $336,912 | $1,250,041 | $120,435 |
| 2024 | $416,371 | $395,516 | $1,094,884 | $20,855 |
| 2023 | $345,382 | $323,998 | $1,088,517 | $21,384 |
| 2022 | $279,184 | $226,892 | $1,069,395 | $52,292 |
| 2021 | $396,243 | $296,892 | $1,000,353 | $99,351 |
| 2020 | $227,368 | $193,157 | $901,002 | $34,211 |
| 2019 | $250,432 | $229,063 | $872,291 | $21,369 |
Compare NORWALK HOUSING FOUNDATION INC with other nonprofits in Connecticut and across the country.