BREAKING GROUND III HDFC (EIN 134138205) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

BRENDA ROSEN

Phone

2123899300

Tax Period

2023-01-01 to 2023-12-31

BREAKING GROUND III HDFC, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $361K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

OPERATION OF A HOUSING PROJECT FOR THE BENEFIT OF HOMELESS AND LOW-INCOME ADULTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $361,336

Investment Income $0

Other Revenue $0

TOTAL REVENUE $361,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,028

Fundraising Expenses $0

Program Expenses $313,547

Other Expenses $229,811

TOTAL EXPENSES $358,839

Year-over-Year Comparison

	2023	2022	Change
Revenue	$361,336	$315,130	+0.1%
Expenses	$358,839	$328,200	+0.1%
Net Income	$2,497	$-13,070	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,581,336

Total Directors

$1,181,074

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA E ROSEN	PRESIDENT & CEO	0.93	Officer Director	$0	$13,827	$643,431
DAVID BEER	SECRETARY	1.44	Officer Director	$0	$47,221	$384,088
JUDITH ROSENFELD	DIRECTOR	1.50	Officer Director	$0	$17,273	$153,555
BENJAMIN STACKS	TREASURER	0.01	Officer Director	$0	$0	$0
NICHOLAS TSANG	CHAIRMAN	0.01	Officer Director	$0	$0	$0
KEVIN MORAN	CFO	0.93	Officer	$0	$47,221	$400,262

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	$361,336	$358,839	$1,083,679	$2,497
2022	$315,130	$328,200	$95,460	$-13,070
2021	$273,290	$296,189	$155,350	$-22,899
2020	$307,743	$308,432	$91,495	$-689
2019	$287,262	$285,359	$165,606	$1,903
2018	$299,359	$301,459	$151,912	$-2,100

BREAKING GROUND III HDFC