NERVE INC - HPD (EIN 132906899) - 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

1975

Legal Domicile

Principal Officer

ROBERTO ANAZAGASTI

Phone

2124270555

Tax Period

2023-07-01 to 2024-06-30

NERVE INC - HPD, founded in 1975, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.7M exceeded revenue, resulting in a 31% operating deficit.

Mission

TO IMPROVE THE HOUSING AND THE ECONOMY OF EAST HARLEM (EL BARRIO) FOR ALL OUR CITIZENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $129,724

Program Service Revenue $1,053,020

Investment Income $0

Other Revenue $113,353

TOTAL REVENUE $1,296,097

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,647

Fundraising Expenses $0

Program Expenses $1,361,203

Other Expenses $1,521,877

TOTAL EXPENSES $1,692,524

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,296,097	$1,146,648	+0.1%
Expenses	$1,692,524	$1,593,781	+0.1%
Net Income	$-396,427	$-447,133	-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

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

$78,966

Total Directors

$12,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERTO ANAZAGASTI	President	35.00	Officer	$71,691	$0	$71,691
LORENZO HERNANDE	MEMBER	2.00	Director	$1,875	$0	$1,875
DENNIS REEDER	Treasurer	2.00	Officer Director	$1,875	$0	$1,875
EFRAIN PENA	MEMBER	2.00	Director	$1,875	$0	$1,875
MARTHA ROSADO	Chairperson	2.00	Officer Director	$1,875	$0	$1,875
ANNE KADAMANI	Secretary	2.00	Officer Director	$1,875	$0	$1,875
JOSE A RODREGUEZ	MEMBER	2.00	Director	$1,875	$0	$1,875
GEMEL DESHAZO	Vice Chair	2.00	Officer Director	$1,650	$0	$1,650

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
2024	$1,296,097	$1,692,524	$2,228,895	$-396,427
2023	$1,146,648	$1,593,781	$2,694,986	$-447,133
2022	$2,245,690	$1,491,048	$3,138,555	$754,642
2021	$1,154,470	$1,412,095	$2,593,495	$-257,625
2020	$1,188,570	$1,300,160	$2,614,867	$-111,590
2019	$1,165,287	$1,305,925	$3,774,359	$-140,638
2019	$1,060,627	$1,189,370	$2,484,108	$-128,743
2018	$1,158,033	$1,283,201	$3,931,239	$-125,168

NERVE INC - HPD