NEW FORDHAM HDFC INC (EIN 133839101) - 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

1995

Legal Domicile

Principal Officer

HENG LY

Phone

7183673200

Tax Period

2023-01-01 to 2023-12-31

NEW FORDHAM HDFC INC, founded in 1995, is a community nonprofit in the Crime & Legal sector that reported $1.7M in total revenue in fiscal year 2023. Expenses of $2.0M exceeded revenue, resulting in a 22% operating deficit.

Mission

THE ORGANIZATION OPERATES SEVEN BUILDINGS CONTAINING 136 RESIDENTIAL APARTMENTS IN THE BRONX, NEW YORK FOR LOW AND VERY LOW-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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,655,019

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,655,019

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,981,458

Other Expenses $2,026,731

TOTAL EXPENSES $2,026,731

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,655,019	$1,651,138	+0.0%
Expenses	$2,026,731	$1,942,868	+0.0%
Net Income	$-371,712	$-291,730	+0.3%

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

$424,149

Total Directors

$424,149

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HENG LY	Secretary/Treasurer	0.5	Officer Director	$0	$68,249	$424,149
Luis Ortega	President	0.5	Officer Director	$0	$0	$0
JOSE NORAT	Vice President	0.5	Officer Director	$0	$0	$0
Eileen Hogan	Director	0.5	Officer Director	$0	$0	$0
Erika Martinez	DIRECTOR	0.5	Officer 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
2024	No data	No data	No data	No data
2023	$1,655,019	$2,026,731	$3,005,054	$-371,712
2022	$1,651,138	$1,942,868	$3,307,328	$-291,730
2021	$1,634,666	$1,999,657	$3,647,598	$-364,991
2020	$1,621,808	$1,777,997	$3,694,179	$-156,189
2019	$1,605,419	$1,738,182	$3,662,564	$-132,763
2018	$1,575,248	$1,775,721	$3,708,278	$-200,473

NEW FORDHAM HDFC INC