Mosholu Preservation Corporation

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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

1981

Legal Domicile

Phone

9143498418

Tax Period

2023-01-01 to 2023-12-31

Mosholu Preservation Corporation, founded in 1981, is a community nonprofit in the Community Improvement sector that reported $3.1M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Net assets of $9.7M represent 38 months of operating reserves.

Mission

MOSHOLU PRESERVATION CORPORATION WAS FORMED TO COMBAT COMMUNITY DETERIORATION AND PROVIDE AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT OPPORTUNITIES IN THE COMMUNITIES SERVED BY THE MONTEFIORE ACADEMIC HEALTH SYSTEM IN SUPPORT OF MONTEFIORE'S CHARITABLE HEALTHCARE MISSION TO HEAL, TO TEACH, TO DISCOVER AND TO ADVANCE THE HEALTH OF THE COMMUNITIES SERVED.

Program Service Accomplishments

Program 1

Expenses: $2,080,328 Revenue: $2,219,503

RENTAL OPERATIONS: THE ORGANIZATION RENTAL ACTIVITIES ARE UNDERTAKEN TO PROMOTE ECONOMIC DEVELOPMENT, COMBAT COMMUNITY DETERIORATION AND IMPROVE THE OVERALL QUALITY OF LIFE IN THE NEIGHBORHOODS...

RENTAL OPERATIONS: THE ORGANIZATION RENTAL ACTIVITIES ARE UNDERTAKEN TO PROMOTE ECONOMIC DEVELOPMENT, COMBAT COMMUNITY DETERIORATION AND IMPROVE THE OVERALL QUALITY OF LIFE IN THE NEIGHBORHOODS SERVED BY THE MONTEFIORE MEDICINE ACADEMIC HEALTH SYSTEM. THESE INITIATIVES INCLUDE ACQUIRING, CONSTRUCTING, OPERATING AND RENTING, REHABILITATING AND IMPROVING HOUSING, RELATED FACILITIES AND OTHER STRUCTURES AND PROPERTIES.

Program 2

Expenses: $605,007 Revenue: $0

COMMUNITY SERVICES: THE ORGANIZATION PURPOSES ARE EXCLUSIVELY CHARITABLE AND FOR THE SUPPORT OF MONTEFIORE HEALTH SYSTEM THROUGH IMPROVING SOME OF THE SOCIAL DETERMINANTS OF HEALTH IN CREATING...

COMMUNITY SERVICES: THE ORGANIZATION PURPOSES ARE EXCLUSIVELY CHARITABLE AND FOR THE SUPPORT OF MONTEFIORE HEALTH SYSTEM THROUGH IMPROVING SOME OF THE SOCIAL DETERMINANTS OF HEALTH IN CREATING HEALTHIER COMMUNITIES. MOSHOLU PRESERVATION CORPORATION HAS BEEN A STAPLE IN THE COMMUNITY FOR ALMOST 40 YEARS AND HAS HELPED TO COMBAT COMMUNITY DETERIORATION BY PRESERVING NEIGHBORHOODS AND BUILDING COMMUNITIES. OUR EFFORTS INCLUDE COORDINATING BUSINESS IMPROVEMENT DISTRICTS, NEIGHBORHOOD BEAUTIFICATION PROJECTS, AND COMMUNITY SERVICES PROGRAMS THROUGHOUT THE COMMUNITIES SERVED BY THE MONTEFIORE MEDICINE ACADEMIC HEALTH SYSTEM.

Program 3

Expenses: $221,702 Revenue: $36,078

NEWSPAPER OPERATIONS: THE ORGANIZATION OPERATES THE NORWOOD NEWS (A FREE NEWSPAPER) TO FOSTER COMMUNICATION AMONG CITIZENS AND ORGANIZATIONS AND AS A CATALYST FOR NEIGHBORHOOD DEVELOPMENT EFFORTS...

NEWSPAPER OPERATIONS: THE ORGANIZATION OPERATES THE NORWOOD NEWS (A FREE NEWSPAPER) TO FOSTER COMMUNICATION AMONG CITIZENS AND ORGANIZATIONS AND AS A CATALYST FOR NEIGHBORHOOD DEVELOPMENT EFFORTS. THE NORWOOD NEWS IS A COMMUNITY NEWSPAPER SERVING THE BRONX.

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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 $542,491

Program Service Revenue $2,255,581

Investment Income $181,296

Other Revenue $74,167

TOTAL REVENUE $3,053,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $594,397

Fundraising Expenses $0

Program Expenses $2,907,037

Other Expenses $2,737,047

TOTAL EXPENSES $3,331,444

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,053,535	$2,539,055	+0.2%
Expenses	$3,331,444	$2,810,116	+0.2%
Net Income	$-277,909	$-271,061	+0.0%

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

$656,275

Total Directors

$2,514,481

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	DIRECTOR/TREASURER	1.0	Officer Director	$0	$21,001	$284,863
N/A	DIRECTOR/CHAIRMAN	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR/SECRETARY	2.0	Officer Director	$0	$46,060	$371,412
N/A	DIRECTOR	1.0	Director	$0	$37,948	$313,097
N/A	DIRECTOR - EX-OFFICIO	40.0	Director	$115,788	$16,842	$132,630
N/A	DIRECTOR	0.5	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$272,838	$1,412,479
N/A	DIRECTOR	0.5	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	No data	No data	No data	No data
2023	$3,053,535	$3,331,444	$11,700,342	$-277,909
2022	$2,539,055	$2,810,116	$10,831,461	$-271,061
2021	$2,594,845	$2,575,993	$10,885,514	$18,852
2020	$2,480,995	$2,475,687	$11,991,608	$5,308
2019	$2,302,008	$2,558,068	$12,029,623	$-256,060
2018	$10,624,876	$2,340,953	$12,174,984	$8,283,923