ENDICOTT HOUSING ASSOCIATION INC (EIN 161454215) - 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

1994

Legal Domicile

Principal Officer

CHRISTINA KORCHYNSKY

Phone

6077545773

Tax Period

2021-01-01 to 2021-12-31

ENDICOTT HOUSING ASSOCIATION INC, founded in 1994, is a micro nonprofit that reported $1K in total revenue in fiscal year 2021. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $205K exceeded revenue, resulting in a 17082% operating deficit.

Mission

OWN MANAGE RENTAL PROPERTIES USED TO PROVIDE HOUSING FOR LOW INCOME FAMILIES

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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 $1,193

Other Revenue $0

TOTAL REVENUE $1,193

Expense Breakdown

Grants Paid $197,215

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,215

Other Expenses $7,768

TOTAL EXPENSES $204,983

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,193	$34,018	-1.0%
Expenses	$204,983	$66,031	+2.1%
Net Income	$-203,790	$-32,013	+5.4%

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
B LOUNSBERRY	PRES	001.00	Officer Director	$0	$0	$0
L FREEMAN	TREAS	002.00	Officer Director	$0	$0	$0
C KORCHYNSKY	SECRETARY	003.00	Officer Director	$0	$0	$0
J BURNETT	DIRECTOR	001.00	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	$1,193	$204,983	No data	$-203,790
2020	$34,018	$66,031	$203,790	$-32,013
2019	$45,413	$48,972	$288,553	$-3,559
2018	$43,906	$43,083	$292,052	$823

ENDICOTT HOUSING ASSOCIATION INC