OLIVET-ST VINCENT'S HOUSING DEVELOPMENT FUND COMPANY INC (EIN 133178692) - 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

MATTHEW JANECZKO

Phone

7184776803

Tax Period

2024-01-01 to 2024-12-31

OLIVET-ST VINCENT'S HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1983, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $524K, a strong 27% operating margin.

Mission

OWN AND OPERATE A HUD-FINANCED MULTIFAMILY PROJECT FOR THE ELDERLY ON A NONPROFIT BASIS.

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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 $467,057

Program Service Revenue $1,422,749

Investment Income $31,667

Other Revenue $5,516

TOTAL REVENUE $1,926,989

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,666

Fundraising Expenses $0

Program Expenses $1,243,261

Other Expenses $1,167,189

TOTAL EXPENSES $1,402,855

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,926,989	$1,465,634	+0.3%
Expenses	$1,402,855	$1,359,478	+0.0%
Net Income	$524,134	$106,156	+3.9%

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

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
SR SHEILA BROSNAN SC	VICE CHAIRPERSON	1.00	Director	$0	$0	$0
KATHERINE CONNORS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN F DORAN ESQ	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DR PANKAJ PATEL	DIRECTOR	1.00	Director	$0	$0	$0
SR EILEEN WALSH SC	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
TARA FRENCH	DIRECTOR	1.00	Director	$0	$0	$0
GERARD VILLA	DIRECTOR	1.00	Director	$0	$0	$0
DANA WALKER	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW JANECZKO	EXECUTIVE DIRECTOR	5.00	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	$1,926,989	$1,402,855	$10,291,955	$524,134
2023	$1,465,634	$1,359,478	$3,398,780	$106,156
2022	$1,316,796	$1,281,688	$3,269,199	$35,108
2021	$1,319,730	$1,223,185	$3,339,204	$96,545
2020	$1,311,729	$1,183,642	$3,289,543	$128,087
2019	$1,450,897	$1,238,181	$3,265,406	$212,716
2018	$1,056,903	$1,105,700	$3,003,355	$-48,797

OLIVET-ST VINCENT'S HOUSING DEVELOPMENT FUND COMPANY INC