1650 BLHC Services Corp (EIN 202031443) - 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

2004

Legal Domicile

Phone

7189018600

Tax Period

2023-01-01 to 2023-12-31

1650 BLHC Services Corp, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $4.5M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 33% operating margin.

Mission

TO PROVIDE HOUSING IN SUPPORT OF EMPLOYEES AND PROGRAMS AT BRONXCARE HEALTH SYSTEM AND BRONXCARE DR. MARTIN LUTHER KING, JR. HEALTH CENTER.

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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 $0

Program Service Revenue $4,485,677

Investment Income $316

Other Revenue $0

TOTAL REVENUE $4,485,993

Expense Breakdown

Grants Paid $0

Salaries & Benefits $392,509

Fundraising Expenses $0

Program Expenses $2,846,521

Other Expenses $2,609,311

TOTAL EXPENSES $3,001,820

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,485,993	$3,487,316	+0.3%
Expenses	$3,001,820	$2,943,490	+0.0%
Net Income	$1,484,173	$543,826	+1.7%

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

$3,519,316

Total Directors

$3,519,316

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	PRESIDENT AND CEO	1.0	Officer Director	$0	$64,433	$2,374,107
N/A	SENIOR VICE PRESIDENT AND CFO	1.0	Officer Director	$0	$65,626	$1,145,209
N/A	DIRECTOR	1.0	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
2024	No data	No data	No data	No data
2023	$4,485,993	$3,001,820	$25,621,935	$1,484,173
2022	$3,487,316	$2,943,490	$24,457,135	$543,826
2021	$3,440,352	$2,797,432	$24,229,902	$642,920
2020	$3,489,963	$2,694,745	$23,858,287	$795,218
2019	$3,553,515	$2,876,796	$23,339,424	$676,719
2018	$3,542,073	$2,791,191	$22,910,320	$750,882

1650 BLHC Services Corp