THE CRENULATED COMPANY LTD (EIN 141719016) - 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

1989

Legal Domicile

Principal Officer

JOHANNA C KLETTER

Phone

2122656530

Tax Period

2024-07-01 to 2025-06-30

THE CRENULATED COMPANY LTD, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $9.4M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $10.6M exceeded revenue, resulting in a 12% operating deficit.

Mission

ROOTED IN THE BRONX, WE STAND WITH COMMUNITY MEMBERS TO BREAK SYSTEMIC BARRIERS, ADVANCE JUSTICE, PROMOTE LEADERSHIP AND STRENGTHEN NEIGHBORHOODS. BY ENSURING AGENCY AROUND EDUCATION, EMPLOYMENT, HOUSING, WELLNESS AND CREATIVE EXPRESSION, WE HELP CULTIVATE AN EQUITABLE SOCIETY WHERE INDIVIDUALS AND FAMILIES HAVE THE POWER TO USE THEIR VOICE TO CREATE THE CHANGE THEY WISH TO SEE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $8,345,512

Program Service Revenue $848,466

Investment Income $32,184

Other Revenue $199,033

TOTAL REVENUE $9,425,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,220,395

Fundraising Expenses $314,541

Program Expenses $9,523,644

Other Expenses $3,371,322

TOTAL EXPENSES $10,591,717

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,425,195	$11,152,019	-0.2%
Expenses	$10,591,717	$10,438,620	+0.0%
Net Income	$-1,166,522	$713,399	-2.6%

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

262

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

$701,843

Total Directors

$316,588

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BELLA TABASSUM	DIRECTOR	0.50	Director	$0	$0	$0
BRYAN FRYER	TREASURER	0.50	Officer Director	$0	$0	$0
CAROL LAMBERG	OUTGOING DIRECTOR	0.50	Director	$0	$0	$0
CHARLES S WARREN	OUTGOING PRESIDENT/ CHAIR	0.50	Officer Director	$0	$0	$0
CHI NGUYEN	DIRECTOR	0.50	Director	$0	$0	$0
CHUCK WARREN	CHAIR	0.50	Officer Director	$0	$0	$0
CRISTAL ESPEJO	OUTGOING DIRECTOR	0.50	Director	$0	$0	$0
DAVID G RICHARDSON	OUTGOING VICE CHAIR	0.50	Officer Director	$0	$0	$0
DJ LANGIS	DIRECTOR	0.50	Director	$0	$0	$0
DR MEISHA PORTER	DIRECTOR	0.50	Director	$0	$0	$0
IAN BROADWATER	DIRECTOR	0.50	Director	$0	$0	$0
JACK DOYLE	OUTGOING DIRECTOR	0.50	Director	$0	$0	$0
JEAN CLEARY	OUTGOING DIRECTOR	0.50	Director	$0	$0	$0
JOHN VALLADARES	DIRECTOR	0.50	Director	$0	$0	$0
LATOYA JOYNER	DIRECTOR	0.50	Director	$0	$0	$0
RACHEL GROSSMAN	DIRECTOR	0.50	Director	$0	$0	$0
RUTH E PEREZ	VICE CHAIR	0.50	Officer Director	$0	$0	$0
WAHEERA MARDAH	DIRECTOR	0.50	Director	$0	$0	$0
JUDITH HERBSTMAN	PRESIDENT	0.50	Officer Director	$0	$37,831	$316,588
KRISTEN ANDREAZZA	CFO	0.50	Officer	$0	$24,423	$168,135
RIGAUD NOEL	EXECUTIVE DIRECTOR	3.50	Officer	$42,050	$1,104	$217,120
JAVIEL VEGA	DIRECTOR OF WORKFORCE DEVELOPMENT	40.00	Highest	$105,409	$15,814	$121,223
JEANNETTE GUTIERREZ	DIRECTOR OF OPERATIONS	40.00	Highest	$113,365	$17,274	$130,639
JUAN OTERO	NSCC BLDG ENGINEER	40.00	Highest	$109,956	$29,014	$138,970
LEIGH REID	DIRECTOR OF DEVELOPMENT AND COMMS	40.00	Highest	$109,494	$3,256	$112,750
LORRAINE HERNANDEZ	DIRECTOR	40.00	Highest	$134,877	$4,050	$138,927

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	$9,425,195	$10,591,717	$4,686,218	$-1,166,522
2024	No data	No data	No data	No data
2023	$10,424,221	$10,922,197	$9,389,040	$-497,976
2022	$10,442,755	$10,253,167	$9,182,171	$189,588
2021	$6,188,007	$4,371,516	$9,050,484	$1,816,491
2020	$7,405,128	$6,871,993	$8,323,364	$533,135
2019	$7,194,330	$26,322,904	$8,256,103	$-19,128,574
2018	$7,058,277	$7,958,514	$25,961,846	$-900,237

THE CRENULATED COMPANY LTD