MANHATTAN VALLEY DEVELOPMENT CORPORATION (EIN 132628511) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Phone

2126784410

Tax Period

2024-07-01 to 2025-06-30

MANHATTAN VALLEY DEVELOPMENT CORPORATION, founded in 1968, is a small nonprofit in the Community Improvement sector that reported $403K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $528K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO PROVIDE NEIGHBORHOOD PLANNING, PRESERVATION, AND DEVELOPMENT IN THE UPPER WEST SIDE OF MANHATTAN, KNOW AS MANHATTAN VALLEY.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $131,689

Program Service Revenue $270,964

Investment Income $0

Other Revenue $0

TOTAL REVENUE $402,653

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,221

Fundraising Expenses $0

Program Expenses $467,099

Other Expenses $314,928

TOTAL EXPENSES $528,149

Year-over-Year Comparison

	2024	2023	Change
Revenue	$402,653	$525,582	-0.2%
Expenses	$528,149	$482,352	+0.1%
Net Income	$-125,496	$43,230	-3.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$130,315

Total Directors

$29,684

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBIN P BAEZ	Secretary	25.00	Officer	$130,315	$0	$130,315
IRIS N SANTANA	Director	1.00	Director	$29,684	$0	$29,684
PAIGE CHEN	Director	1.00	Director	$0	$0	$0
LEELA FLORINO	Director	1.00	Director	$0	$0	$0
SANDRA B POWERS	Treasurer	5.00	Director	$0	$0	$0
LISA LEE	Director	1.00	Director	$0	$0	$0
JOHN P DUFFELL	President	20.00	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
2025	$402,653	$528,149	$1,592,631	$-125,496
2024	$525,582	$482,352	$873,835	$43,230
2023	$346,007	$458,007	$801,584	$-112,000
2021	$330,580	$634,928	$942,009	$-304,348
2020	$386,235	$457,457	$1,211,360	$-71,222

MANHATTAN VALLEY DEVELOPMENT CORPORATION