LEVITICUS 2523 ALTERNATIVE FUND INC (EIN 133154100) - 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

1983

Legal Domicile

Principal Officer

GREGORY MAHER

Phone

9149094498

Tax Period

2024-01-01 to 2024-12-31

LEVITICUS 2523 ALTERNATIVE FUND INC, founded in 1983, is a mid-sized nonprofit in the Human Services sector that reported $15.8M in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.2M, a strong 65% operating margin.

Mission

THE LEVITICUS 25:23 ALTERNATIVE FUND IS ROOTED IN FAITH AND THE CALL FOR ACCESS TO ECONOMIC IMPROVEMENT. THE FUND PROVIDES FLEXIBLE CAPITAL, EXPERTISE, AND SUPPORT TO PROPEL THE GROWTH OF HEALTHIER COMMUNITIES. LEVITICUS CREATES OPPORTUNITIES FOR VULNERABLE, LOW-INCOME PEOPLE TO THRIVE AND LIVE WITH DIGNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,058,626

Program Service Revenue $6,199,839

Investment Income $510,080

Other Revenue $3,838

TOTAL REVENUE $15,772,383

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,034,936

Fundraising Expenses $80,559

Program Expenses $4,808,443

Other Expenses $3,494,187

TOTAL EXPENSES $5,529,123

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,772,383	$9,907,653	+0.6%
Expenses	$5,529,123	$4,151,054	+0.3%
Net Income	$10,243,260	$5,756,599	+0.8%

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

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

$515,219

Total Directors

$321,644

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR GREGORY MAHER	EXECUTIVE DIRECTOR	40.00	Officer Director	$266,036	$55,608	$321,644
SR ROSEMARY JEFFRIES RSM	BOARD PRESIDENT	0.50	Officer Director	$0	$0	$0
MS DARLENE ROBINSON	BOARD VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MR RONALD ROSADO ABAD	BOARD TREASURER	0.50	Officer Director	$0	$0	$0
SR ELLENRITA PURCARO OP	BOARD SECRETARY	0.50	Officer Director	$0	$0	$0
SR PEGGY SCARANO OP	BOARD MEMBER	0.50	Director	$0	$0	$0
MS ELAINE DOVAS	BOARD MEMBER	0.50	Director	$0	$0	$0
MS BECKY KOCH	BOARD MEMBER	0.50	Director	$0	$0	$0
MR DAN LETENDRE	BOARD MEMBER	0.50	Director	$0	$0	$0
MR JOSEPH REILLY	BOARD MEMBER	0.50	Director	$0	$0	$0
MS ELIZABETH TORRES	BOARD MEMBER	0.50	Director	$0	$0	$0
MR JONATHAN HUMMEL	BOARD MEMBER	0.50	Director	$0	$0	$0
MR JONATHAN VAZCONES	BOARD MEMBER	0.50	Director	$0	$0	$0
MS MARIA FERREIRA LMSW	BOARD MEMBER	0.50	Director	$0	$0	$0
MS ARIEL GARCIA	BOARD MEMBER	0.50	Director	$0	$0	$0
MS MELODY MARAVILLAS	BOARD MEMBER	0.50	Director	$0	$0	$0
MS JUSTINE MCPHERSON	BOARD MEMBER	0.50	Director	$0	$0	$0
MS SHONA ST ANGELO	BOARD MEMBER (UNTIL 5/2024)	0.50	Director	$0	$0	$0
MR JOSE RIVERA	FINANCE DIRECTOR	40.00	Officer	$179,199	$14,376	$193,575
MR KEVIN MCQUEEN	DIRECTOR OF LENDING	40.00	Highest	$150,839	$23,983	$174,822
MS SOHAM DHESI	SENIOR INVESTMENT OFFICER	40.00	Highest	$141,743	$31,828	$173,571
MS KAYLA JEFFREY	SENIOR INVESTMENT OFFICER	40.00	Highest	$103,956	$19,370	$123,326
MS MARYANN SORESE	IMPACT MEASUREMENT & COMPLIANCE OFFICER	40.00	Highest	$103,861	$10,439	$114,300
MS HELEN DAVIS	LOAN MANAGER	40.00	Highest	$102,798	$10,108	$112,906

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	$15,772,383	$5,529,123	$136,483,847	$10,243,260
2023	$9,907,653	$4,151,054	$91,814,753	$5,756,599
2022	$9,522,448	$3,682,427	$78,088,191	$5,840,021
2021	$6,314,122	$3,328,511	$67,729,825	$2,985,611
2020	$6,626,249	$2,799,311	$56,805,740	$3,826,938
2019	$4,774,110	$2,650,037	$48,568,400	$2,124,073
2018	$3,870,482	$1,976,465	$38,826,344	$1,894,017

LEVITICUS 2523 ALTERNATIVE FUND INC