ENCORE WEST RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION (EIN 161665310) - 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

2003

Legal Domicile

Principal Officer

JEREMY KAPLAN

Phone

9295963820

Tax Period

2024-07-01 to 2025-06-30

ENCORE WEST RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION, founded in 2003, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.4M exceeded revenue, resulting in a 25% operating deficit.

Mission

SUPPORTIVE HOUSING FOR VERY LOW-INCOME SENIORS.

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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 $1,128,119

Investment Income $3,715

Other Revenue $7,104

TOTAL REVENUE $1,138,938

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,149

Fundraising Expenses $0

Program Expenses $1,142,615

Other Expenses $1,325,392

TOTAL EXPENSES $1,424,541

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,138,938	$1,120,953	+0.0%
Expenses	$1,424,541	$1,424,852	0.0%
Net Income	$-285,603	$-303,899	-0.1%

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

$564,954

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK EPSTEIN	CHAIR	1.00	Officer Director	$0	$0	$0
DANNY DANG	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN DUNN	DIRECTOR	1.00	Director	$0	$0	$0
SR LILLIAN MCNAMARA	DIRECTOR	1.00	Director	$0	$0	$0
LORI RAIMONDO	DIRECTOR	1.00	Director	$0	$0	$0
DANA CHANG	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY KAPLAN	EXECUTIVE DIR.	1.00	Officer	$0	$21,679	$253,366
JUDITH CASTILLO	CFO	1.00	Officer	$0	$28,642	$213,066
MICHAEL WALTER	SECRETARY (THRU 12/20/24)	1.00	Officer	$0	$29,575	$98,522

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	$1,138,938	$1,424,541	$8,692,939	$-285,603
2024	$1,120,953	$1,424,852	$9,173,299	$-303,899
2023	$1,089,089	$1,604,209	$9,409,615	$-515,120
2022	$1,246,179	$1,332,917	$9,651,670	$-86,738
2021	$836,747	$1,192,932	$9,732,420	$-356,185
2020	$830,154	$1,188,844	$10,030,991	$-358,690
2019	$841,140	$1,123,210	$10,481,850	$-282,070
2018	$832,005	$1,099,489	$10,652,267	$-267,484

ENCORE WEST RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION