KIRYAS JOEL HOUSING DEVELOPMENT FUND ORGANIZATION INC (EIN 132947763) - 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

1978

Legal Domicile

Principal Officer

ELUZER GRUBER

Phone

9177341246

Tax Period

2023-01-01 to 2023-12-31

KIRYAS JOEL HOUSING DEVELOPMENT FUND ORGANIZATION INC, founded in 1978, is a small nonprofit in the Housing & Shelter sector that reported $110K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $206K exceeded revenue, resulting in a 86% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO SENIOR CITZENS AND NEEDY FAMILIES.

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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 $0

Program Service Revenue $110,307

Investment Income $0

Other Revenue $0

TOTAL REVENUE $110,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,410

Fundraising Expenses $0

Program Expenses $172,400

Other Expenses $98,258

TOTAL EXPENSES $205,668

Year-over-Year Comparison

	2023	2022	Change
Revenue	$110,307	$1,486,254	-0.9%
Expenses	$205,668	$303,429	-0.3%
Net Income	$-95,361	$1,182,825	-1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH GREENFELD	SCERETARY	1.00	Officer	$0	$0	$0
ELUZER GRUBER	PRESIDENT	2.00	Officer	$0	$0	$0
YECHEZKEL STEINMETZ	TREAS	1.50	Officer	$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
2024	No data	No data	No data	No data
2023	$110,307	$205,668	$1,784,527	$-95,361
2022	$1,486,254	$303,429	$1,898,688	$1,182,825
2021	$312,682	$479,512	$1,042,946	$-166,830
2020	$353,847	$420,263	$1,133,667	$-66,416
2019	$428,353	$426,308	$1,028,257	$2,045
2018	$477,892	$404,765	$1,042,212	$73,127

KIRYAS JOEL HOUSING DEVELOPMENT FUND ORGANIZATION INC