CARROLL PLACE HDFC (EIN 133646718) - 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

VALERIE TORRES

Phone

7188426440

Tax Period

2021-02-01 to 2022-01-31

CARROLL PLACE HDFC, founded in 1991, is a small nonprofit that reported $308K in total revenue in fiscal year 2021. Expenses of $382K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING TO LOW AND MODERATE INCOME FAMILIES

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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 (2021)

Revenue Breakdown

Contributions & Grants $4,357

Program Service Revenue $302,290

Investment Income $1,505

Other Revenue $0

TOTAL REVENUE $308,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,337

Fundraising Expenses $0

Program Expenses $360,282

Other Expenses $348,280

TOTAL EXPENSES $381,617

Year-over-Year Comparison

	2021	2020	Change
Revenue	$308,152	$306,508	+0.0%
Expenses	$381,617	$392,109	0.0%
Net Income	$-73,465	$-85,601	-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

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

$302,538

Total Directors

$37,538

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALERIE TORRES	CHAIR	0.00	Officer Director	$0	$0	$0
JASON BOROFF	VICE CHAIR/T	N/A	Officer Director	$797	$0	$37,538
EVELYN VALASQUEZ	SECRETARY	N/A	Officer Director	$0	$0	$0
SALVATORE GIGANTE	TREASURER	N/A	Director	$0	$0	$0
JOSEFA SANTOS	BOARD MEMBER	N/A	Director	$0	$0	$0
JOAN TRANI	BOARD DIRECT	N/A	Director	$0	$0	$0
STEVEN SELTZER	EXECUTIVE DI	N/A	Officer	$0	$0	$153,077
JEAN BONHOMME	CONTROLLER	N/A	Officer	$0	$0	$111,923

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
2022	$308,152	$381,617	No data	$-73,465
2021	$306,508	$392,109	$963,411	$-85,601
2020	$334,557	$305,766	$1,098,357	$28,791
2019	$295,914	$329,199	$1,022,779	$-33,285

CARROLL PLACE HDFC