EXCAVATORS 731 PROPERTY CORP (EIN 136082313) - 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

1939

Legal Domicile

Principal Officer

CARMINE D'AMATO

Phone

7183910430

Tax Period

2023-01-01 to 2023-12-31

EXCAVATORS 731 PROPERTY CORP, founded in 1939, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Expenses of $3.1M exceeded revenue, resulting in a 24% operating deficit.

Mission

REAL ESTATE HOLDING CORP FOR PARENT - 501(C)(5)

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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 $2,514,660

Investment Income $-13,402

Other Revenue $0

TOTAL REVENUE $2,501,258

Expense Breakdown

Grants Paid $0

Salaries & Benefits $933,372

Fundraising Expenses $0

Other Expenses $2,169,638

TOTAL EXPENSES $3,103,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,501,258	$2,631,078	0.0%
Expenses	$3,103,010	$3,425,330	-0.1%
Net Income	$-601,752	$-794,252	-0.2%

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

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

$2,404,656

Total Directors

$2,404,656

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH D'AMATO	PAST PRESIDE	N/A	Officer Director	$0	$129,007	$689,916
FRANK BIANCANIELLO	PAST VICE PR	N/A		$0	$206,314	$569,102
N/A	SEC./TREAS.	N/A	Officer Director	$0	$206,314	$572,155
LAMINE DIA	MAINTANENCE	40.00	Highest	$131,020	$108,204	$239,224
CARMINE D'AMATO	PRESIDENT	N/A	Officer Director	$0	$209,219	$575,468
GIOVANNI LAUCELLA	VICE PRESIDE	N/A	Officer Director	$0	$206,314	$567,117

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	$2,501,258	$3,103,010	$22,475,708	$-601,752
2022	$2,631,078	$3,425,330	$23,004,379	$-794,252
2021	$2,129,993	$2,993,131	$23,888,581	$-863,138
2020	$1,976,822	$2,694,057	$24,377,554	$-717,235
2019	$1,889,447	$2,374,851	$21,918,952	$-485,404
2018	$1,868,643	$1,849,065	$17,594,014	$19,578

EXCAVATORS 731 PROPERTY CORP