BUFFALO FEDERATION OF NEIGHBORHOOD CENTERS INC (EIN 161172623) - 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

1982

Legal Domicile

Principal Officer

CHANDRA REDFERN

Phone

7168525065

Tax Period

2024-01-01 to 2024-12-31

BUFFALO FEDERATION OF NEIGHBORHOOD CENTERS INC, founded in 1982, is a mid-sized nonprofit that reported $10.9M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HOUSING AND SERVICES FOR THE SERIOUSLY AND PERSISTENTLY MENTALLY ILL.

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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 $5,549,616

Program Service Revenue $5,276,037

Investment Income $40,127

Other Revenue $1,270

TOTAL REVENUE $10,867,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,885,112

Fundraising Expenses $45,899

Program Expenses $9,168,162

Other Expenses $5,847,820

TOTAL EXPENSES $10,732,932

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,867,050	$10,042,455	+0.1%
Expenses	$10,732,932	$9,511,653	+0.1%
Net Income	$134,118	$530,802	-0.7%

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

$551,613

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS FABIAN	BOARD MEMBER/PRESIDENT	1.00	Officer Director	$0	$0	$0
GIONA PAOLERCIO	BOARD MEMBER/1ST VICE PRES	1.00	Officer Director	$0	$0	$0
REBECCA TOWN	BOARD MEMBER/2ND VICE PRES	1.00	Officer Director	$0	$0	$0
TIMOTHY KORN	BOARD MEMBER/TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTOPHER ST VIL	BOARD MEMBER/SECRETARY	1.00	Officer Director	$0	$0	$0
JENNA BICHLER	BOARD MEMBER	0.00	Director	$0	$0	$0
STEVEN J CARMINA	BOARD MEMBER	0.00	Director	$0	$0	$0
MEELIN DIAN CHINKIT-WILLS	BOARD MEMBER	0.00	Director	$0	$0	$0
SAMUEL DAVIS JR	BOARD MEMBER	0.00	Director	$0	$0	$0
DAMAR DOWELL	BOARD MEMBER	0.00	Director	$0	$0	$0
GLADYS DIJI	BOARD MEMBER	0.00	Director	$0	$0	$0
LUIS HERNANDEZ	BOARD MEMBER	0.00	Director	$0	$0	$0
RENEE MAPP	BOARD MEMBER	0.00	Director	$0	$0	$0
GRACE PHILLIPS	BOARD MEMBER	0.00	Director	$0	$0	$0
MARY SZABAT	BOARD MEMBER	0.00	Director	$0	$0	$0
WINFORD QUICK	BOARD MEMBER	0.00	Director	$0	$0	$0
CHANDRA REDFERN	CHIEF EXECUTIVE OFFICER	1.00	Officer	$248,461	$3,727	$252,188
SHRIKANT VARDHAN	CHIEF FINANCIAL OFFICER	1.00	Officer	$160,577	$2,409	$162,986
YOLANDA ABRAHAM	CHIEF PROGRAM OFFICER	1.00	Officer	$134,423	$2,016	$136,439

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	$10,867,050	$10,732,932	$13,515,331	$134,118
2023	$10,042,455	$9,511,653	$13,515,179	$530,802
2022	$8,808,218	$8,138,621	$12,343,789	$669,597
2021	$11,146,328	$8,595,377	$8,954,316	$2,550,951
2020	$7,483,823	$7,396,710	$4,906,643	$87,113
2019	$8,329,593	$7,600,278	$4,361,908	$729,315
2018	$8,892,145	$7,990,565	$4,947,161	$901,580

BUFFALO FEDERATION OF NEIGHBORHOOD CENTERS INC