VARICK-PETERSON HOUSING DEVELOPMENT FUND COMPANY INC (EIN 141548784) - 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

1968

Legal Domicile

Principal Officer

EBONY PETERSON ANDERSON

Phone

8453682400

Tax Period

2024-03-01 to 2025-02-28

VARICK-PETERSON HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1968, is a community nonprofit in the Housing & Shelter sector that reported $2.2M in total revenue in fiscal year 2024. Net assets of $4.7M represent 26 months of operating reserves.

Mission

TO PROVIDE LOW INCOME HOUSING FOR 122 UNITS UNDER THE NATIONAL HOUSING ACT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,136,357

Program Service Revenue $982,995

Investment Income $0

Other Revenue $31,599

TOTAL REVENUE $2,150,951

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,584,029

Other Expenses $2,230,229

TOTAL EXPENSES $2,230,229

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,150,951	$2,229,231	0.0%
Expenses	$2,230,229	$1,864,362	+0.2%
Net Income	$-79,278	$364,869	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EBONY PERTERSON-ANDERSON	PRESIDENT	15.00	Officer Director	$0	$0	$0
RIKI PETERSON-JICHA	VICE-PRESIDENT/SECRETARY	5.00	Officer Director	$0	$0	$0
ONYX PETERSON	TREASURER	15.00	Officer Director	$0	$0	$0
RICHARD PERTERSON III	DIRECTOR	5.00	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
2025	$2,150,951	$2,230,229	$5,118,942	$-79,278
2024	$2,229,231	$1,864,362	$5,130,143	$364,869
2023	$1,980,755	$2,401,924	$4,813,689	$-421,169
2022	$1,938,262	$1,826,882	$5,313,425	$111,380
2020	$1,853,823	$1,627,787	$4,777,923	$226,036
2019	$1,824,291	$1,762,762	$4,513,392	$61,529

VARICK-PETERSON HOUSING DEVELOPMENT FUND COMPANY INC