28 REALTY INC (EIN 133477290) - 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

1988

Legal Domicile

Principal Officer

SALVATORE STARACE

Phone

2129417700

Tax Period

2025-01-01 to 2025-12-31

28 REALTY INC, founded in 1988, is a micro nonprofit in the Community Improvement sector that reported $71K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. Expenses of $301K exceeded revenue, resulting in a 325% operating deficit.

Mission

HOLDS TITLE TO REAL ESTATE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $68,304

Investment Income $2,577

Other Revenue $0

TOTAL REVENUE $70,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $301,416

TOTAL EXPENSES $301,416

Year-over-Year Comparison

	2025	2024	Change
Revenue	$70,881	$78,190	-0.1%
Expenses	$301,416	$283,469	+0.1%
Net Income	$-230,535	$-205,279	+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

N/A

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

$812,111

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC MESLIN	PRESIDENT	1.00	Officer	$0	$196,265	$439,327
SALVATORE STARACE	SECRETARY/TREASURER	1.00	Officer	$0	$169,953	$372,784

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
2025	$70,881	$301,416	$381,220	$-230,535
2024	$78,190	$283,469	$611,755	$-205,279
2023	$77,309	$258,467	$653,953	$-181,158
2022	$82,030	$220,063	$835,111	$-138,033
2021	$86,540	$225,115	$968,561	$-138,575
2020	$84,885	$183,335	$1,116,899	$-98,450
2019	$14,696	$178,107	$1,244,207	$-163,411
2018	$15,621	$176,987	$1,337,540	$-161,366

28 REALTY INC