721 EAST 6TH STREET HOUSING DEVELOPMENT FUND CORPORATION (EIN 133636346) - 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

1987

Legal Domicile

Principal Officer

RACHEL LEVINE

Phone

2127771010

Tax Period

2024-07-01 to 2025-06-30

721 EAST 6TH STREET HOUSING DEVELOPMENT FUND CORPORATION, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $126K in total revenue in fiscal year 2024. Expenses of $256K exceeded revenue, resulting in a 103% operating deficit.

Mission

OPERATING A HOUSING PROJECT FOR LOW INCOME RESIDENTS.

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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 $18,667

Program Service Revenue $107,210

Investment Income $15

Other Revenue $28

TOTAL REVENUE $125,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $109,338

Other Expenses $256,133

TOTAL EXPENSES $256,133

Year-over-Year Comparison

	2024	2023	Change
Revenue	$125,920	$132,080	0.0%
Expenses	$256,133	$154,448	+0.7%
Net Income	$-130,213	$-22,368	+4.8%

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

$164,941

Total Directors

$164,941

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHEL LEVINE	EXECUTIVE DIRECTOR	3.00	Officer Director	$0	$9,341	$164,941
STEVE WRONSKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROSS M SARRAF	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BENNETTE KRAMER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARY-KAY ORR	TRUSTEE	1.00	Director	$0	$0	$0
MARY BETH HOGAN	TRUSTEE	1.00	Director	$0	$0	$0
DEENAH MINOR	DIRECTOR OF FINANCE AS OF 5/25	1.00	Officer	$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	$125,920	$256,133	$446,375	$-130,213
2024	No data	No data	No data	No data
2023	$73,334	$156,421	$475,267	$-83,087
2022	$58,305	$132,695	$478,339	$-74,390
2021	$111,406	$136,683	$542,135	$-25,277
2020	$110,885	$139,321	$579,122	$-28,436
2019	$110,305	$128,021	$609,651	$-17,716
2018	$110,269	$135,843	$613,812	$-25,574

721 EAST 6TH STREET HOUSING DEVELOPMENT FUND CORPORATION