219 HENRY STREET HOUSING DEVELOPMENT FUND CORPORATION (EIN 133489733) - 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

BETSY JACOBSON

Phone

2124605730

Tax Period

2023-07-01 to 2024-06-30

219 HENRY STREET HOUSING DEVELOPMENT FUND CORPORATION, founded in 1988, is a small nonprofit that reported $185K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $214K exceeded revenue, resulting in a 16% operating deficit.

Mission

LOW INCOME HOUSING RESIDENCE

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $180,909

Investment Income $4,033

Other Revenue $0

TOTAL REVENUE $184,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $149,624

Other Expenses $214,153

TOTAL EXPENSES $214,153

Year-over-Year Comparison

	2023	2022	Change
Revenue	$184,942	$202,518	-0.1%
Expenses	$214,153	$186,051	+0.2%
Net Income	$-29,211	$16,467	-2.8%

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

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

$93,178

Total Directors

$93,178

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETSY JACOBSON	BOARD MEMBER	3.00	Officer Director	$0	$10,478	$93,178
DAVID SITZER	BOARD MEMBER	0.50	Officer Director	$0	$0	$0
FRIEDA FRIED	BOARD MEMBER	0.50	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
2025	No data	No data	No data	No data
2024	$184,942	$214,153	$666,971	$-29,211
2023	$202,518	$186,051	$595,212	$16,467
2022	$190,398	$244,265	$650,112	$-53,867
2021	$189,277	$217,254	$651,356	$-27,977
2020	$217,151	$267,646	$606,452	$-50,495
2018	$219,518	$238,448	$722,689	$-18,930

219 HENRY STREET HOUSING DEVELOPMENT FUND CORPORATION