SBF CORPORATION (EIN 136737136) - 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

1984

Legal Domicile

Principal Officer

JOSEPH GIOVINCO

Phone

5168726690

Tax Period

2021-01-01 to 2021-12-31

SBF CORPORATION, founded in 1984, is a micro nonprofit that reported $56 in total revenue in fiscal year 2021. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $688 exceeded revenue, resulting in a 1129% operating deficit.

Mission

TO ACQUIRE, HOLD AND OPERATE INVESTMENT IN REAL ESTATE FOR THE SOLE BENEFIT, AND AS A NOMINEE OF THE LOCAL 22 HEALTH BENEFIT FUND (FORMERLY AMALGAMATED, INDUSTRIAL AND TOY & NOVELTY WORKERS OF AMERICA LOCAL 223 SICK BENEFIT FUND).

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $56

TOTAL REVENUE $56

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $688

TOTAL EXPENSES $688

Year-over-Year Comparison

	2021	2020	Change
Revenue	$56	$10,032,892	-1.0%
Expenses	$688	$718,280	-1.0%
Net Income	$-632	$9,314,612	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE GIOVINCO	TRUSTEE	1.00	Director	$0	$0	$0
COSMO LUBRANO	TRUSTEE	1.00	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
2021	$56	$688	No data	$-632
2020	$10,032,892	$718,280	$122,625	$9,314,612
2019	$433,715	$438,729	$708,891	$-5,014
2018	$476,427	$446,569	$756,880	$29,858

SBF CORPORATION