Blackrock-Riverside Neighborhood Housing Services (EIN 161163460) - 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

1981

Legal Domicile

Principal Officer

Clay Simmons

Phone

7168773910

Tax Period

2023-01-01 to 2023-12-31

Blackrock-Riverside Neighborhood Housing Services, founded in 1981, is a small nonprofit in the Housing & Shelter sector that reported $113K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $148K exceeded revenue, resulting in a 31% operating deficit.

Mission

Provide housing solutions for individuals, families and neighborhoods to build vibrant communities

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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 $112,175

Program Service Revenue $0

Investment Income $537

Other Revenue $0

TOTAL REVENUE $112,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,517

Fundraising Expenses $0

Program Expenses $113,647

Other Expenses $77,459

TOTAL EXPENSES $147,976

Year-over-Year Comparison

	2023	2022	Change
Revenue	$112,712	$131,492	-0.1%
Expenses	$147,976	$132,474	+0.1%
Net Income	$-35,264	$-982	+34.9%

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

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

$323,830

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brian White	Chair	0.10	Officer Director	$0	$0	$0
Karl Wende	Board Member (Through 8/23)	0.10	Director	$0	$0	$0
Donna Stepien	Board Member	0.10	Director	$0	$0	$0
Dan Hawrylczak	Secretary	0.10	Officer Director	$0	$0	$0
Michele Graves	Board Member (Through 5/23)	0.10	Director	$0	$0	$0
Christopher Willey	Board Member	0.10	Director	$0	$0	$0
Cathy Comiskey	Secretary	0.10	Officer Director	$0	$0	$0
Jerome Nagy - Chief	Executive Officer (Through 1/23)	0.10	Officer	$0	$779	$18,977
Adriana Eastlack	Director of Finance	0.10	Officer	$0	$7,500	$95,845
Kelley Swann	Chief Operating Officer/Interim CEO (2/23 - 7/23)	0.10	Officer	$0	$7,500	$137,471
Clarence Simmons - Chief	Executive Officer (Beginning 7/23)	0.10	Officer	$0	$3,461	$71,537

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	$112,712	$147,976	$319,713	$-35,264
2022	$131,492	$132,474	$330,267	$-982
2021	$132,765	$160,635	$336,247	$-27,870
2020	$379,818	$355,354	$461,658	$24,464
2019	$249,112	$230,888	$845,117	$18,224
2018	$478,145	$275,052	$835,222	$203,093

Blackrock-Riverside Neighborhood Housing Services