HOMES FOR THE EXCEPTIONAL IV INC (EIN 061665012) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Karen Feinstein

Phone

8452672500

Tax Period

2023-01-01 to 2023-12-31

HOMES FOR THE EXCEPTIONAL IV INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $192K in total revenue in fiscal year 2023. Expenses of $217K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO ACQUIRE REAL PROPERTY FOR THE BENEFIT OF ROCKLAND COUNTY CHAPTER, NYSARC, INC., A RELATED ORG., WHO PROVIDES TRAINING AND RESIDENTIAL SERVICES TO THE DEVELOPMENTALLY DISABLED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $191,520

Investment Income $28

Other Revenue $0

TOTAL REVENUE $191,548

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $200,551

Other Expenses $216,679

TOTAL EXPENSES $216,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$191,548	$191,530	+0.0%
Expenses	$216,679	$218,592	0.0%
Net Income	$-25,131	$-27,062	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Karen Feinstein	PRESIDENT	1.0	Officer Director	$0	$0	$0
Edward Raush	1st Vice President	1.0	Officer Director	$0	$0	$0
Dian Cifuni	2nd Vice President	1.0	Officer Director	$0	$0	$0
RITA RAMEAU	TREASURER	1.0	Officer Director	$0	$0	$0
Lynda Meltzer	SECRETARY	1.0	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	No data	No data	No data	No data
2023	$191,548	$216,679	$894,916	$-25,131
2022	$191,530	$218,592	$961,509	$-27,062
2021	$221,954	$221,927	$954,765	$27
2020	$162,379	$221,487	$981,056	$-59,108
2019	$160,862	$222,319	$1,033,898	$-61,457
2018	$139,987	$206,356	$1,075,170	$-66,369

HOMES FOR THE EXCEPTIONAL IV INC