451-453 PARK AVE SOUTH CORP (EIN 133023175) - 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

1975

Legal Domicile

Principal Officer

BRIAN J SABBAGH

Phone

2126841586

Tax Period

2024-01-01 to 2024-12-31

451-453 PARK AVE SOUTH CORP, founded in 1975, is a small nonprofit that reported $190K in total revenue in fiscal year 2024.

Mission

THE REALTY CORP WAS FORMED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY AND FOR COLLECTING INCOME THERE FROM, AND TURNING OVER THE ENTIRE AMOUNT THERE OF, LESS EXPENSES TO IRON WORKERS LOCALS 40, 361 & 417 PENSION FUND.

🔒

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 $0

Program Service Revenue $0

Investment Income $13,331

Other Revenue $176,381

TOTAL REVENUE $189,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$189,712	$-29,749	-7.4%
Expenses	N/A	N/A	N/A
Net Income	N/A	$-29,749	N/A

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

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
MATTHEW CHARTRAND	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIEL DOYLE	PRESIDENT	1.00	Officer Director	$0	$0	$0
JAKE BIDOSKY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT SAMELA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN J SABBAGH	VP, SEC. TREASURER	1.00	Officer 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
2024	$189,712	No data	$29,907,919	No data
2023	$-29,749	No data	$29,603,484	No data
2022	$-877,703	No data	$13,375,170	No data
2021	$-598,710	No data	$9,168,203	No data
2020	$-214,345	No data	$9,563,966	No data
2019	$55,929	No data	$9,747,651	No data
2018	$-491	No data	$9,693,159	No data

451-453 PARK AVE SOUTH CORP