COLONY-SOUTH BROOKLYN HOUSES INCOR… - Form 990 Financial Data

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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

1969

Legal Domicile

Principal Officer

ALICE B OWENS

Phone

7186253810

Tax Period

2017-07-01 to 2018-06-30

COLONY-SOUTH BROOKLYN HOUSES INCORPORATED, founded in 1969, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2017.

Mission

COLONY-SOUTH BROOKLYN HOUSES' MISSION IS TO OFFER HUMANITARIAN SERVICES TO THE DISADVANTAGED PEOPLE IN THE BOROUGH OF BROOKLYN, NY. SINCE 1904, COLONY-SOUTH HAS PROVIDED NUMEROUS SOCIAL AND EDUCATIONAL PROGRAMS FOR UNDERPRIVILEGED CHILDREN AND THEIR FAMILIES, MANY OF WHOM HAVE EXPERIENCED HOMELESSNESS, UNEMPLOYMENT, AND A VARIETY OF DEVELOPMENTAL AND EMOTIONAL DIFFICULTIES. COLONY-SOUTH OPERATES UNDER THE POLICY THAT PEOPLE WHO ARE ILL-CLOTHED AND ILL-HOUSED CANNOT FIND WORK AND PEOPLE WHO ARE UNEDUCATED CANNOT REACH THEIR POTENTIAL AS HUMAN BEINGS. FOR OVER A CENTURY, COLONY HAS DEDICATED ITSELF TO HELPING ALL OF ITS DIVERSE CLIENTS EMPOWER THEMSELVES, TAKE CHARGE OF THEIR LIVES AND BUILD STABLE FUTURES FOR THEIR FAMILIES. COLONY-SOUTH CONTINUES TO CHAMPION THOSE LESS FORTUNATE, AS THEY CLIMB THE LADDER FROM WELFARE TO WORK AND BECOME PRODUCTIVE, CONTRIBUTING MEMBERS OF THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $4,113,193 Revenue: $113,406

DAY CARE CENTERS:THE DAY CARE CENTERS OFFER A CURRICULUM THAT DEALS WITH EVERY ASPECT OF A CHILD'S EARLY DEVELOPMENT: PHYSICAL, EMOTIONAL, SOCIAL, MORAL AND EDUCATIONAL. IN ADDITION TO THE REGULAR...

DAY CARE CENTERS:THE DAY CARE CENTERS OFFER A CURRICULUM THAT DEALS WITH EVERY ASPECT OF A CHILD'S EARLY DEVELOPMENT: PHYSICAL, EMOTIONAL, SOCIAL, MORAL AND EDUCATIONAL. IN ADDITION TO THE REGULAR GROUP DAY CARE PROGRAMS, THE ORGANIZATION PROVIDES FAMILY DAY CARE AND DAY CARE PROGRAMS FOR CHILDREN WHO RESIDE IN SHELTERS, AS WELL AS DAILY NUTRITIOUS MEALS AND SNACKS.

Program 2

Expenses: $3,428

PRIVATELY FUNDED PROGRAMS:PRIVATELY FUNDED PROGRAMS INCLUDE VARIOUS AFTER-SCHOOL PROGRAMS FOR CHILDREN LIVING IN THE WYCKOFF HOUSING PROJECTS THAT ARE SPONSORED WITH FUNDS RAISED BY COLONY AS WELL AS...

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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 (2017)

Revenue Breakdown

Contributions & Grants $4,366,077

Program Service Revenue $113,406

Investment Income $31,762

Other Revenue $-21,685

TOTAL REVENUE $4,489,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,483,025

Fundraising Expenses $0

Program Expenses $4,116,621

Other Expenses $1,051,679

TOTAL EXPENSES $4,534,704

Year-over-Year Comparison

	2017	2016	Change
Revenue	$4,489,560	$4,442,475	+0.0%
Expenses	$4,534,704	$4,546,113	0.0%
Net Income	$-45,144	$-103,638	-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

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
ALICE B OWENS	PRESIDENT	35.00	Officer Director	$0	$0	$0
RICHARD J DAVIS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JEROME D BRANTLEY	SECRETARY	5.00	Officer Director	$0	$0	$0
DIANA R WHITE	TREASURER	5.00	Officer Director	$0	$0	$0
DOUGLAS A BIRBROWER	ASSISTANT TREASURER	5.00	Officer Director	$0	$0	$0
FRED T WILLIAMS	ASSISTANT TREASURER	5.00	Officer Director	$0	$0	$0
GRACE BETTS	MEMBER	0.10	Director	$0	$0	$0
DONALD A CROUCH	MEMBER	0.10	Director	$0	$0	$0
MARCELINO ESTRADA	MEMBER	0.10	Director	$0	$0	$0
MICHAEL A HOLT	MEMBER	0.10	Director	$0	$0	$0
MARY ALICE MARTINEZ	MEMBER	0.10	Director	$0	$0	$0
DELORES J HADDEN SMITH	MEMBER	0.10	Director	$0	$0	$0
MARIANNE J TETA	MEMBER	0.10	Director	$0	$0	$0
FREZEL WILLIAMS	MEMBER	0.10	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
2018	$4,489,560	$4,534,704	$2,149,865	$-45,144
2018	$4,590,491	$4,565,158	$2,227,340	$25,333

COLONY-SOUTH BROOKLYN HOUSES INCORPORATED