MARIEN-HEIM OF BROOKLYN (EIN 111666841) - 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

1989

Legal Domicile

Principal Officer

JOSEPH K WINDELS

Phone

7182537511

Tax Period

2023-11-01 to 2024-10-31

MARIEN-HEIM OF BROOKLYN, founded in 1989, is a micro nonprofit that reported $35K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 46% operating margin.

Mission

THE OBJECTIVE OF MARIEN-HEIM BROOKLYN IS TO PROVIDE A HOME FOR AGED AND INDIGENT PERSONS AND PROVIDE THEM WITH NECESSARY FOOD, CARE, EMPLOYMENT, SHELTER, CLOTHING, MEDICINES AND TREATMENT SUITABLE FOR THEIR AILMENTS AND AFFLICTIONS AND CHRISTIAN CONSOLATION IN THEIR DECLINING YEARS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $29,383

Investment Income $5,158

Other Revenue $0

TOTAL REVENUE $34,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,502

Other Expenses $18,502

TOTAL EXPENSES $18,502

Year-over-Year Comparison

	2023	2022	Change
Revenue	$34,541	$51,766	-0.3%
Expenses	$18,502	$7,825	+1.4%
Net Income	$16,039	$43,941	-0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BONNIE KLIMA OLSEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BEATRICE DESAPIO	SEC/TREASURER	1.00	Officer Director	$0	$0	$0
FLORA SCHUSTER	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES FASOLINO	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA RUIZ	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY TUTOLO	BOARD MEMBER	1.00	Director	$0	$0	$0
DEACON CHRISTOPHER WAGNER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH WINDELS	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT J WALSH	BOARD MEMBER	1.00	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	$34,541	$18,502	$7,447,931	$16,039
2023	$51,766	$7,825	$7,405,080	$43,941
2022	$29,241	$14,304	$7,220,409	$14,937
2021	$27,588	$11,787	$7,217,181	$15,801
2020	$40,553	$12,428	$7,201,476	$28,125
2019	$46,282	$12,112	$7,132,954	$34,170
2018	$804,769	$14,310	$7,001,362	$790,459

MARIEN-HEIM OF BROOKLYN