LA CASA DE LOS TAINOS HOUSING DEVELOPMENT FUND COMPANY INC (EIN 161497340) - 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

1996

Legal Domicile

Principal Officer

BENJAMIN MATTA

Phone

7168471635

Tax Period

2024-01-01 to 2024-12-31

LA CASA DE LOS TAINOS HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1996, is a small nonprofit that reported $397K in total revenue in fiscal year 2024. Expenses of $460K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING.

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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 $0

Program Service Revenue $387,101

Investment Income $7,015

Other Revenue $2,809

TOTAL REVENUE $396,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,564

Fundraising Expenses $0

Program Expenses $335,010

Other Expenses $360,606

TOTAL EXPENSES $460,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$396,925	$387,452	+0.0%
Expenses	$460,170	$465,452	0.0%
Net Income	$-63,245	$-78,000	-0.2%

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

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
BENJAMIN MATTA	PRESIDENT	0.50	Officer Director	$0	$0	$0
SR MARY MCCARRICK	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
JOVINO MORALES	SECRETARY	0.50	Officer Director	$0	$0	$0
ALBERT GRESS	TREASURER	0.50	Officer Director	$0	$0	$0
REV PETER KARALUS	DIRECTOR	0.50	Director	$0	$0	$0
MOST REVEREND MICHAEL W FISHER	DIRECTOR	0.50	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	No data	No data	No data	No data
2024	$396,925	$460,170	$1,670,278	$-63,245
2023	$387,452	$465,452	$1,744,362	$-78,000
2022	$385,051	$441,256	$1,811,997	$-56,205
2021	$377,421	$464,103	$1,869,329	$-86,682
2020	$375,901	$476,274	$1,948,247	$-100,373
2019	$343,214	$434,766	$2,060,429	$-91,552
2018	$304,583	$453,263	$2,152,404	$-148,680

LA CASA DE LOS TAINOS HOUSING DEVELOPMENT FUND COMPANY INC