THE FULLER CENTER FOR HOUSING OF GREATER NEW YORK CITY INC

EIN: 133522732 501(c)(3)

NEW ROCHELLE, NY

Total Revenue
$955,738
Total Expenses
$938,767
Total Assets
$4,208,069
Net Assets
$3,270,346
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NY
Principal Officer
JAMES KILLORAN
Phone
9146368335
Tax Period
2023-07-01 to 2024-06-30

THE FULLER CENTER FOR HOUSING OF GREATER NEW YORK CITY INC, founded in 1989, is a small nonprofit that reported $956K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Net assets of $3.3M represent 41 months of operating reserves.

Mission

DEVELOP HOUSING FOR THE BENEFIT OF AND IN COORPERATION WITH INDIVIDUALS OFLOW TO MODERATE INCOME AND THEN SELL THE HOMES TO INDIVIDUALS WITH NONINTEREST/NO PROFIT AS TO ACHIEVE LONG TERM GOAL OF ELIMINATING POVERTYHOUSING AND HOMELESSNESS IN PARTNERSHIP WITH ALL PEOPLE AS COWORKERS

Program Service Accomplishments

Program 1
Expenses: $617,522

DEVELOP HOUSING FOR THE BENEFIT OF AND IN COORPERATION WITH INDIVIDUALS OFLOW TO MODERATE INCOME AND THEN SELL THE HOMES TO INDIVIDUALS WITH NONINTEREST/NO PROFIT AS TO ACHIEVE LONG TERM GOAL OF...

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DEVELOP HOUSING FOR THE BENEFIT OF AND IN COORPERATION WITH INDIVIDUALS OFLOW TO MODERATE INCOME AND THEN SELL THE HOMES TO INDIVIDUALS WITH NONINTEREST/NO PROFIT AS TO ACHIEVE LONG TERM GOAL OF ELIMINATING POVERTYHOUSING AND HOMELESSNESS IN PARTNERSHIP WITH ALL PEOPLE AS COWORKERS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $754,592
Program Service Revenue $79,110
Investment Income $920
Other Revenue $121,116
TOTAL REVENUE $955,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $442,836
Fundraising Expenses $7,491
Program Expenses $617,522
Other Expenses $495,931
TOTAL EXPENSES $938,767

Year-over-Year Comparison

2023 2022 Change
Revenue $955,738 $761,660 +0.3%
Expenses $938,767 $1,033,742 -0.1%
Net Income $16,971 $-272,082 -1.1%
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

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Governance

Voting Members
6
Independent Members
5
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
2
$33,280
Total Directors
6
$33,280
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES KILLORAN EXECUTIVE DIRECTOR 40.00
Officer Director
$33,280 $0 $33,280
JAMES LASSEER VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
NORMA SILVA SECRETARY 5.00
Director
$0 $0 $0
MARQUIS BURWELL TREASURER 5.00
Director
$0 $0 $0
DENNIS KEANE TRUSTEE 5.00
Director
$0 $0 $0
MO GODIN TRUSTEE 5.00
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 $955,738 $938,767 $4,208,069 $16,971
2023 $761,660 $1,033,742 $4,148,616 $-272,082
2022 $1,688,647 $1,090,751 $4,362,295 $597,896
2021 $892,878 $873,115 $3,938,237 $19,763
2020 $1,495,159 $1,568,256 $4,004,708 $-73,097
2019 $1,405,627 $1,562,155 $4,181,646 $-156,528
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