BRONX, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PARK AVENUE THORPE HOUSING DEVELOPMENT FUND CORPORATION, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $296K in total revenue in fiscal year 2023. Expenses of $404K exceeded revenue, resulting in a 36% operating deficit.
PAT HDFC IS COMMITTED TO PROVIDING PERMANENTLY AFFORDABLE, SUPPORTIVE HOUSING TO LOW-INCOME HOUSEHOLDS AND/OR CHRONICALLY HOMELESS HOUSEHOLDS. THE BUILDING MAINTAINS 20 ONE AND TWO BEDROOM APARTMENTS FOR QUALIFYING INDIVIDUALS WHOSE INCOME IS LESS THAN 50% OR 60% OF THE AREA MEDIAN INCOME AS DETERMINED BY HUD. SUPPORTIVE HOUSING ENTAILS ON-SITE CASE MANAGEMENT SERVICES AND LOW RENTS THAT ENABLE FAMILIES TO CONTINUE LIVING IN THEIR COMMUNITIES.
PAT HDFC PROVIDES TWENTY PERMANENTLY AFFORDABLE SUPPORTIVE HOUSING APARTMENTS TO FORMERLY HOMELESS FAMILIES AND INDIVIDUALS. THE BUILDING'S GROUND FLOOR HOUSES LOUISE'S PANTRY FOOD SECURITY PROGRAM...
PAT HDFC PROVIDES TWENTY PERMANENTLY AFFORDABLE SUPPORTIVE HOUSING APARTMENTS TO FORMERLY HOMELESS FAMILIES AND INDIVIDUALS. THE BUILDING'S GROUND FLOOR HOUSES LOUISE'S PANTRY FOOD SECURITY PROGRAM AND THE OFFICE SPACE FOR THE HOUSING STABILTY SUPPORT PROGRAM, OUT OF WHICH CASE MANAGEMENT STAFF PROVIDE SUPPORTIVE SERVICES TO RESIDENTS AND COMMUNITY MEMBERS AT LARGE. THESE INCLUDE INTENSIVE CASE MANAGEMENT TO ENSURE HOUSING RETENTION AND STABILITY, DOMESTIC VIOLENCE PREVENTION AND INTERVENTION FUNDED THROUGH THE CITY'S DOMESTIC VIOLENCE AND EMPOWERMENT INITIATIVE, AND A WIDE RANGE OF EDUCATIONAL WORKSHOPS AND WELLNESS EVENTS INCLUDING FINANCEIAL EMPOWERMENT CLASSES, FIRE SAFETY COURSES, AND NUTRITIONAL DEMONSTRATIONS. IN FY24 LOUISE'S PANTRY PROVIDED HEALTHY FOOD, TOILETRIES, CLOTHING AND OTHER GOODS TO 200-250 HOUSEHOLDS EACH WEEK.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $296,425 | $287,925 | +0.0% |
| Expenses | $403,556 | $441,595 | -0.1% |
| Net Income | $-107,131 | $-153,670 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RACHEL LEVINE | EXECUTIVE DIRECTOR | 3.00 |
Officer
Director
|
$0 | $2,500 | $198,250 |
| MARY BETH HOGAN | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENNETTE KRAMER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY-KAY ORR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE WRONSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SIBYL-MICHELLE AKINS | CONTROLLER THRU | 3.00 |
Officer
|
$0 | $8,043 | $83,130 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $296,425 | $403,556 | $855,971 | $-107,131 |
| 2023 | $287,925 | $441,595 | $955,273 | $-153,670 |
| 2022 | $272,401 | $473,715 | $1,004,085 | $-201,314 |
| 2021 | $273,026 | $380,577 | $1,169,257 | $-107,551 |
| 2020 | $307,087 | $391,606 | $1,316,030 | $-84,519 |
| 2019 | $281,067 | $335,908 | $1,400,023 | $-54,841 |
| 2018 | $305,244 | $345,970 | $1,407,938 | $-40,726 |
Compare PARK AVENUE THORPE HOUSING DEVELOPMENT FUND CORPORATION with other nonprofits in New York and across the country.