PHF HOUSING DEVELOPMENT FUND COMPANY inc (EIN 133409677) - 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

1987

Legal Domicile

Principal Officer

Martin ADELSTEIN

Phone

2129419500

Tax Period

2024-01-01 to 2024-12-31

PHF HOUSING DEVELOPMENT FUND COMPANY inc, founded in 1987, is a small nonprofit that reported $488K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $487K, a strong 100% operating margin.

Mission

TO PROVIDE HOUSING FOR SENIOR CITIZENS & DISABLED PERSONS OF LOWER INCOME.

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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 $1,500

Program Service Revenue $486,605

Investment Income $0

Other Revenue $0

TOTAL REVENUE $488,105

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,500

Other Expenses $1,500

TOTAL EXPENSES $1,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$488,105	$443,869	+0.1%
Expenses	$1,500	$1,500	N/A
Net Income	$486,605	$442,369	+0.1%

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
Martin ADELSTEIN	President	1.00	Officer Director	$0	$0	$0
Sheryl ADELSTEIN	Secretary	1.00	Officer Director	$0	$0	$0
Alan ADELSTEIN	Vice President	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	$488,105	$1,500	$5,352,667	$486,605
2023	$443,869	$1,500	$4,866,062	$442,369
2022	$403,654	$1,500	$4,423,693	$402,154
2021	$367,094	$1,560	$4,021,539	$365,534
2020	$333,859	$3,930	$3,656,005	$329,929
2019	$301,847	$4,088	$3,326,076	$297,759
2018	$14,135,167	$5,098,735	$3,041,878	$9,036,432

PHF HOUSING DEVELOPMENT FUND COMPANY inc