FULTON STREET HOUSING DEVELOPMENT FUND CORPORATION (EIN 133467474) - 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

1986

Legal Domicile

Principal Officer

LAWRENCE ROSENBLATT

Phone

2128035700

Tax Period

2018-07-01 to 2019-06-30

FULTON STREET HOUSING DEVELOPMENT FUND CORPORATION, founded in 1986, is a micro nonprofit that reported $45K in total revenue in fiscal year 2018. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $19K, a strong 41% operating margin.

Mission

PROVIDES HOUSING FOR HOMELESS, LOW INCOME AND AGED PEOPLE IN NYC AND THE SURROUNDING AREAS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $45,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $45,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,386

Other Expenses $26,395

TOTAL EXPENSES $26,395

Year-over-Year Comparison

	2018	2017	Change
Revenue	$45,000	$52,329	-0.1%
Expenses	$26,395	$25,480	+0.0%
Net Income	$18,605	$26,849	-0.3%

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

$663,721

Total Directors

$407,043

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTONIO X MOLESTINA	SECRETARY	1.00	Officer Director	$0	$0	$0
JULIE SALAMON	CHAIR	1.00	Officer Director	$0	$0	$0
LAWRENCE F GRAHAM	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LAWRENCE ROSENBLATT	EXECUTIVE DIRECTOR	1.00	Officer Director	$0	$66,696	$407,043
MARCY E WILKOV	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MATTHEW SIROVICH	TREASURER	1.00	Officer Director	$0	$0	$0
RICHARD SWANSON	DIRECTOR	1.00	Director	$0	$0	$0
ROSALBA MESSINA	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$12,217	$256,678

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
2019	$45,000	$26,395	$500,943	$18,605
2018	$52,329	$25,480	$526,308	$26,849

FULTON STREET HOUSING DEVELOPMENT FUND CORPORATION