EDGEWOOD VILLAGE INC

EIN: 061423446 501(c)(3) Housing & Shelter

NEW HAVEN, CT

Total Revenue
$772,789
Total Expenses
$966,332
Total Assets
$3,572,699
Net Assets
$3,572,699
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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
1994
Legal Domicile
CT
Principal Officer
DANIEL GREER
Phone
2037851468
Tax Period
2024-01-01 to 2024-12-31

EDGEWOOD VILLAGE INC, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $773K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $966K exceeded revenue, resulting in a 25% operating deficit.

Mission

ACQUIRE, RESTORE AND MAINTAIN HOUSING FOR LOW AND MODERATE INCOME TENANTS AND 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $772,152
Investment Income $637
Other Revenue $0
TOTAL REVENUE $772,789

Expense Breakdown

Grants Paid $151,458
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $966,332
Other Expenses $814,874
TOTAL EXPENSES $966,332

Year-over-Year Comparison

2024 2023 Change
Revenue $772,789 $833,812 -0.1%
Expenses $966,332 $942,259 +0.0%
Net Income $-193,543 $-108,447 +0.8%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL GREER PRESIDENT/TR N/A
Officer Director
$0 $0 $0
SARAH GREER SECRETARY/DI N/A
Officer 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 $772,789 $966,332 $3,572,699 $-193,543
2023 $833,812 $942,259 $3,766,254 $-108,447
2022 $826,393 $915,022 $3,874,701 $-88,629
2021 $746,681 $822,295 $3,963,330 $-75,614
2020 No data $220,447 $3,863,350 No data
2018 $703,696 $721,051 $3,975,592 $-17,355
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