THE 57 FERRIS AVEHOUSING DEVELOPMENT FUND COMPANY Inc (EIN 132693375) - 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

Ada Raiford

Phone

9144223900

Tax Period

2018-05-01 to 2019-04-30

THE 57 FERRIS AVEHOUSING DEVELOPMENT FUND COMPANY Inc, founded in 1969, is a micro nonprofit that reported $56K in total revenue in fiscal year 2018. Revenue surged 9912% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 94% operating margin.

Mission

To provide low income housing for persons residing within the City of White Plains, NY

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $56,470

Other Revenue $0

TOTAL REVENUE $56,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $3,515

TOTAL EXPENSES $3,515

Year-over-Year Comparison

	2018	2017	Change
Revenue	$56,470	$564	+99.1%
Expenses	$3,515	N/A	N/A
Net Income	$52,955	$564	+92.9%

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
Ada Raiford	President	2.00	Officer Director	$0	$0	$0
John Kirkpatrick Esq	Vice President	2.00	Officer Director	$0	$0	$0
Gary Vaughn	Treasurer	2.00	Officer Director	$0	$0	$0
John Green	Trustee	2.00	Director	$0	$0	$0
Sondra Salley	Trustee	2.00	Director	$0	$0	$0
William Greenwalt Esq	Trustee	2.00	Director	$0	$0	$0
Kim Holland	Trustee	2.00	Director	$0	$0	$0
Donovan Beckford	Trustee	2.00	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
2019	$56,470	$3,515	$1,430,839	$52,955
2018	$564	No data	$1,409,828	No data

THE 57 FERRIS AVEHOUSING DEVELOPMENT FUND COMPANY Inc