BOROUGH PARK HOUSING DEVELOPMENT FUND COMPANY INC (EIN 112611089) - 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

1980

Legal Domicile

Principal Officer

DAVID SINGER

Phone

7184351300

Tax Period

2024-07-01 to 2025-06-30

BOROUGH PARK HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1980, is a small nonprofit in the Housing & Shelter sector that reported $101K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $95K, a strong 95% operating margin.

Mission

TO PROVIDE HOUSING FOR LOW INCOME 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $100,619

Other Revenue $0

TOTAL REVENUE $100,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,430

TOTAL EXPENSES $5,430

Year-over-Year Comparison

	2024	2023	Change
Revenue	$100,619	$88,430	+0.1%
Expenses	$5,430	$54,830	-0.9%
Net Income	$95,189	$33,600	+1.8%

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

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
DAVID SINGER	PRESIDENT	2.00	Officer Director	$0	$0	$0
MENACHEM SHAYOVICH	SEC'Y/TREAS	2.00	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
2025	$100,619	$5,430	$14,903,978	$95,189
2024	No data	No data	No data	No data
2023	$102,717	$16,500	$2,155,491	$86,217
2022	$83,667	$16,130	$2,081,274	$67,537
2021	$82,000	$12,080	$2,006,737	$69,920
2020	$80,631	$8,825	$1,924,817	$71,806
2019	$79,318	$9,064	$1,848,042	$70,254
2018	$75,525	$16,695	$1,777,788	$58,830

BOROUGH PARK HOUSING DEVELOPMENT FUND COMPANY INC