BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)129 23RD STREET HOUSING DEVELOPMENT FUND CORPORATION, founded in 1998, is a micro nonprofit in the Housing & Shelter sector that reported $72K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $225K exceeded revenue, resulting in a 215% operating deficit.
THE MISSION OF THE ORGANIZATION IS TO OWN AND OPERATE AN APARTMENT BUILDING FOR QUALIFIED LOW INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.
THE CORPORATION WAS FORMED TO PROVIDE LOW-INCOME HOUSING FACILITIES AND OPERATE 6 RESIDENTIAL UNITS LOCATED AT 713 THIRD AVENUE IN BROOKLYN, NEW YORK (THE "PROJECT") UNDER THE CONFINES OF THE...
THE CORPORATION WAS FORMED TO PROVIDE LOW-INCOME HOUSING FACILITIES AND OPERATE 6 RESIDENTIAL UNITS LOCATED AT 713 THIRD AVENUE IN BROOKLYN, NEW YORK (THE "PROJECT") UNDER THE CONFINES OF THE REGULATORY AGREEMENTS WITH THE NEW YORK CITY DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT ("NYC HPD").
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $71,602 | $154,553 | -0.5% |
| Expenses | $225,222 | $142,536 | +0.6% |
| Net Income | $-153,620 | $12,017 | -13.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHELLE DE LA UZ | SECRETARY | 0.50 |
Officer
Director
|
$0 | $11,580 | $290,232 |
| DANY CUNNINGHAM | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JESSICA YAGER | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $71,602 | $225,222 | $561,836 | $-153,620 |
| 2024 | No data | No data | No data | No data |
| 2023 | $102,573 | $155,308 | $502,596 | $-52,735 |
| 2022 | $106,494 | $141,925 | $469,146 | $-35,431 |
| 2021 | $85,318 | $135,860 | $477,539 | $-50,542 |
| 2020 | $81,192 | $133,587 | $496,945 | $-52,395 |
Compare 129 23RD STREET HOUSING DEVELOPMENT FUND CORPORATION with other nonprofits in New York and across the country.