WEST FARMS NEIGHBORHOOD HDFC INC C/O MICHAEL COMERFORD (EIN 132677156) - 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

1969

Legal Domicile

Principal Officer

REVEREND ERIC CRUZ

Phone

5162484817

Tax Period

2024-07-01 to 2025-06-30

WEST FARMS NEIGHBORHOOD HDFC INC C/O MICHAEL COMERFORD, founded in 1969, is a small nonprofit in the Housing & Shelter sector that reported $909K in total revenue in fiscal year 2024. The organization ran a surplus of $783K, a strong 86% operating margin.

Mission

TO ACT AS CO-DEVELOPER, FACILITATE, PARTICIPATE, AND ASSIST THE DEVELOPER IN THE REHABILITATION AND DEVELOPMENT OF AFFORDABLE HOUSING PROJECTS.

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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 $899,619

Investment Income $9,195

Other Revenue $0

TOTAL REVENUE $908,814

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $69,293

Other Expenses $125,585

TOTAL EXPENSES $125,585

Year-over-Year Comparison

	2024	2023	Change
Revenue	$908,814	$854,532	+0.1%
Expenses	$125,585	$161,393	-0.2%
Net Income	$783,229	$693,139	+0.1%

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
MONSIGNOR KEVIN SULLIVAN	PRESIDENT/DIRECTOR	3.00	Officer Director	$0	$0	$0
GEORGE HORTON	TREASURER/DIRECTOR	3.00	Officer Director	$0	$0	$0
DAVID BROWN	DIRECTOR	3.00	Director	$0	$0	$0
REVEREND ERIC CRUZ	DIRECTOR	3.00	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	$908,814	$125,585	$27,446,819	$783,229
2024	$854,532	$161,393	$26,591,647	$693,139
2023	$828,311	$96,946	$25,831,226	$731,365
2022	$817,034	$84,407	$25,034,533	$732,627
2021	$785,190	$81,285	$24,238,974	$703,905
2020	$754,404	$90,261	$23,472,979	$664,143

WEST FARMS NEIGHBORHOOD HDFC INC C/O MICHAEL COMERFORD