NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NAZARETH HOUSING INC, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $3.9M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.
TO PROMOTE HOUSING STABILITY AND ECONOMIC MOBILITY AMONG VULNERABLE FAMILIES AND INDIVIDUALS OF NEW YORK CITY THROUGH THE PROVISION OF HOMELESSNESS PREVENTION SERVICES, EMERGENCY FAMILY SHELTER, SUPPORTIVE HOUSING, AND URGENT NEEDS ASSISTANCE; AND TO PREVENT HOMELESSNESS IN OUR COMMUNITIES BY EMPOWERING FAMILIES AND INDIVIDUALS TO BUILD A PATHWAY OUT OF POVERTY AND CREATE LIVES FILLED WITH POSSIBILITY AND OPPORTUNITY.
NAZARETH HOUSING MANAGES 16 UNITS OF EMERGENCY FAMILY SHELTER (EFS) FOR FAMILIES WITH DEPENDENT CHILDREN. IN THE BRONX, THORPE FAMILY RESIDENCE PROVIDED TEMPORARY TRANSITIONAL HOUSING FOR 27 FAMILIES...
NAZARETH HOUSING MANAGES 16 UNITS OF EMERGENCY FAMILY SHELTER (EFS) FOR FAMILIES WITH DEPENDENT CHILDREN. IN THE BRONX, THORPE FAMILY RESIDENCE PROVIDED TEMPORARY TRANSITIONAL HOUSING FOR 27 FAMILIES IN FY24. ALL FAMILIES WORK ONE-ON-ONE WITH CASE MANAGEMENT STAFF THROUGHOUT THEIR STAY TO BECOME, AND REMAIN, STABLY HOUSED. THIS WORK INCLUDES HOUSING COUNSELING, INDEPENDENT LIVING PLANNING, FAMILY WELLNESS, DOMESTIC VIOLENCE COUNSELING, AND YOUTH ENRICHMENT PROGRAMS. THOUGH THIS WORK 9 FAMILIES, INCLUDING 22 CHILDREN, TRANSITIONED INTO AFFORDABLE PERMANENT HOUSING.
NAZARETH HOUSING'S HOMELESSNESS PREVENTION PROGRAM, THE HOUSING STABILITY SUPPORT PROGRAM (HSSP), ASSISTS HOUSEHOLDS SEEKING TO AVOID EVICTION AND PROVIDES NEW YORKERS WITH THE RESOURCES NEEDED TO...
NAZARETH HOUSING'S HOMELESSNESS PREVENTION PROGRAM, THE HOUSING STABILITY SUPPORT PROGRAM (HSSP), ASSISTS HOUSEHOLDS SEEKING TO AVOID EVICTION AND PROVIDES NEW YORKERS WITH THE RESOURCES NEEDED TO REMAIN STABLY HOUSED. HSSP OFFERS RENTAL AND UTILITIES ARREARS ASSISTANCE, INTENSIVE CASE MANAGEMENT, BENEFITS SCREENING AND ENROLLMENT, AND OTHER SERVICES DESIGNED TO STABILIZE AND STRENGTHEN AT-RISK HOUSEHOLDS. THE PROGRAM SERVED 5,744 INDIVIDUALS IN FY24. OF THE HOUSEHOLDS THAT CAME TO NAZARETH HOUSING ON THE VERGE OF EVICTION, ALL SUCCESSFULLY RETAINED THEIR HOUSING. OUR VITA FREE TAX CLINIC PREPARED 829 TAX RETURNS AND RETURNED ALMSOT $1,400,000 TO LOW-INCOME HOUSEHOLDS AT NO COST TO THE FILERS.
SUPPORTIVE HOUSING RESIDENTS COME FROM A VARIETY OF BACKGROUNDS AND FAMILY COMPOSITIONS, FROM SINGLE MOTHERS WITH YOUNG CHILDREN TO SENIORS, IMMIGRANTS, AND VETERANS. A PORTION OF THESE HOUSEHOLDS...
SUPPORTIVE HOUSING RESIDENTS COME FROM A VARIETY OF BACKGROUNDS AND FAMILY COMPOSITIONS, FROM SINGLE MOTHERS WITH YOUNG CHILDREN TO SENIORS, IMMIGRANTS, AND VETERANS. A PORTION OF THESE HOUSEHOLDS HAVE A HISTORY OF CHRONIC HOMELESSNESS, OR ARE EXITING AN EMERGENCY FAMILY SHELTER. THEY BENEFIT FROM AFFORDABLE RENT THAT IS STABILIZED OR TAILORED TO FIT THEIR INCOME, AS WELL AS A SUPPORT NETWORK OF HIGHLY TRAINED CASE MANAGERS THAT MEET WITH THEM IN REGULARLY-SCHEDULED ONE-ON-ONE RESIDENT MEETINGS. DURING THESE MEETINGS THEY ARE CONNECTED TO FINANCIAL CAPABILITY PROGRAMMING, COMMUNITY EVENTS, YOUTH PROGRAMMING, NUTRITIONAL ASSISTANCE, AND OTHER RELEVANT SERVICES DEPENDING ON HOUSEHOLD NEED. IN FY24, 44 HOUSEHOLDS CALLED OUR SUPPORTIVE HOUSING HOME.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,913,497 | $4,310,290 | -0.1% |
| Expenses | $4,233,194 | $3,715,946 | +0.1% |
| Net Income | $-319,697 | $594,344 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RACHEL LEVINE | EXECUTIVE DIRECTOR | 31.00 |
Officer
Director
|
$195,750 | $2,500 | $198,250 |
| MARY BETH HOGAN | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY C KILBOURN | VICE PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEONARD SHAVEL | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENNETTE D KRAMER | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TARA CHAMBERS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIC R DINALLO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ALLISON FRANCO LCSW | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA GLORIOSO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MARY-KAY ORR | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID MADER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| HANNAH PENNINGTON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ROSS SARRAF | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| STEVE WRONSKI | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SIBYL-MICHELLE AKINS | CONTROLLER | 31.00 |
Officer
|
$75,087 | $8,043 | $83,130 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $3,913,497 | $4,233,194 | $3,625,593 | $-319,697 |
| 2023 | $4,310,290 | $3,715,946 | $4,150,043 | $594,344 |
| 2022 | $3,695,279 | $3,076,152 | $3,411,994 | $619,127 |
| 2021 | $2,895,576 | $2,940,351 | $3,292,170 | $-44,775 |
| 2020 | $2,853,248 | $2,750,222 | $3,252,902 | $103,026 |
| 2019 | $2,471,874 | $2,481,699 | $2,529,058 | $-9,825 |
| 2018 | $2,612,720 | $2,386,850 | $2,610,426 | $225,870 |
Compare NAZARETH HOUSING INC with other nonprofits in New York and across the country.