JEROME HOUSING DEVELOPMENT FUND CORPORATION (EIN 134034906) - 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

1998

Legal Domicile

Principal Officer

DONNA COLONNA

Phone

2126336900

Tax Period

2018-07-01 to 2019-06-30

JEROME HOUSING DEVELOPMENT FUND CORPORATION, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $906K in total revenue in fiscal year 2018. Revenue surged 95% from the prior year, signaling strong growth momentum. The organization ran a surplus of $627K, a strong 69% operating margin.

Mission

ORGANIZED TO OWN, REHABILITATE, AND OPERATE A 40-UNIT HOUSING PROJECT PROVIDING PERMANENT HOUSING TO LOW-INCOME INDIVIDUALS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $70,635

Investment Income $805,122

Other Revenue $30,285

TOTAL REVENUE $906,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $273,325

Other Expenses $278,968

TOTAL EXPENSES $278,968

Year-over-Year Comparison

	2018	2017	Change
Revenue	$906,042	$465,237	+0.9%
Expenses	$278,968	$530,001	-0.5%
Net Income	$627,074	$-64,764	-10.7%

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

$748,518

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANN Y SACKS PHD	CHAIRPERSON	0.1	Officer Director	$0	$0	$0
AMELIA WRIGHT-BREWER	DIRECTOR	0.1	Director	$0	$0	$0
EARL D BROWN	DIRECTOR	0.1	Director	$0	$0	$0
SCOTT DREVNIG	DIRECTOR	0.1	Director	$0	$0	$0
ED HUBBARD	DIRECTOR	0.1	Director	$0	$0	$0
DONNA COLONNA	CEO	0.1	Officer	$0	$54,286	$429,963
PERRY PERLMUTTER	CFO	0.1	Officer	$0	$21,843	$318,555

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
2019	$906,042	$278,968	No data	$627,074
2018	$465,237	$530,001	$4,192,762	$-64,764
2017	$472,256	$625,774	$4,007,062	$-153,518

JEROME HOUSING DEVELOPMENT FUND CORPORATION