456 West 129th Street Housing Corporation (EIN 133572276) - 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

1991

Legal Domicile

Principal Officer

Donald C Notice

Phone

2128667816

Tax Period

2024-07-01 to 2025-06-30

456 West 129th Street Housing Corporation, founded in 1991, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

The organization manages, maintains and operates NYC Buildings as temporary emergency housing for NYC Department of Housing, Preservation and Development emergency designated population.

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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 $2,421,503

Program Service Revenue $0

Investment Income $209

Other Revenue $0

TOTAL REVENUE $2,421,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,694,228

Fundraising Expenses $31,275

Program Expenses $1,858,102

Other Expenses $724,018

TOTAL EXPENSES $2,418,246

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,421,712	$2,203,254	+0.1%
Expenses	$2,418,246	$2,198,768	+0.1%
Net Income	$3,466	$4,486	-0.2%

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

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
ILEANA DELAROSA	BOARD CHAIR	010.00	Officer Director	$0	$0	$0
LENORE B BROWNE	BOARD VICE CHAIR	010.00	Officer Director	$0	$0	$0
DIANE INCE	TREASURER	010.00	Officer Director	$0	$0	$0
GENEVIEVE OUTLAW	SECRETARY	010.00	Officer Director	$0	$0	$0
COURTNEY BENNETT	BOARD MEMBER	010.00	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	$2,421,712	$2,418,246	$291,038	$3,466
2024	$2,203,254	$2,198,768	$279,552	$4,486
2023	$2,241,292	$2,126,887	$262,984	$114,405
2022	$2,311,389	$2,243,861	$410,661	$67,528
2021	$2,156,739	$2,238,878	$222,723	$-82,139
2020	$2,313,270	$2,342,196	$423,716	$-28,926
2019	$2,270,818	$2,155,154	$341,695	$115,664

456 West 129th Street Housing Corporation