ELLERY COURT SENIOR HOUSING DEVELOPMENT FUND CORPORATION (EIN 113444948) - 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

1997

Legal Domicile

Principal Officer

ADOLFO G ALAYON

Phone

7183885454

Tax Period

2024-07-01 to 2025-06-30

ELLERY COURT SENIOR HOUSING DEVELOPMENT FUND CORPORATION, founded in 1997, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 54% operating deficit.

Mission

TO PROVIE HOUSING FOR THE ELDERLY RESIDENTS OF CENTRAL BROOKLYN.

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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 $1,052,609

Investment Income $1,535

Other Revenue $3,341

TOTAL REVENUE $1,057,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,529,616

Other Expenses $1,626,917

TOTAL EXPENSES $1,626,917

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,057,485	$1,129,560	-0.1%
Expenses	$1,626,917	$1,525,831	+0.1%
Net Income	$-569,432	$-396,271	+0.4%

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

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
ADOLFO G ALAYON	PRESIDENT	1.00	Officer Director	$0	$0	$0
LUCY VASQUEZ	TREASURER	1.00	Officer Director	$0	$0	$0
SHERLY DEMOSTHENES	SECRETARY	1.00	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	$1,057,485	$1,626,917	$4,153,197	$-569,432
2023	$1,084,299	$1,421,681	$4,599,997	$-337,382
2023	$1,129,560	$1,525,831	$4,296,800	$-396,271
2022	$1,086,927	$1,265,022	$4,847,855	$-178,095
2021	$1,102,299	$1,205,031	$5,020,660	$-102,732
2020	$1,067,991	$1,163,018	$5,127,886	$-95,027
2019	$945,491	$1,204,612	$5,234,326	$-259,121
2018	$885,762	$1,125,265	$5,460,370	$-239,503

ELLERY COURT SENIOR HOUSING DEVELOPMENT FUND CORPORATION