GOLDSBORO, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)54TH STREET CORPORATION INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $109K in total revenue in fiscal year 2024. Expenses of $148K exceeded revenue, resulting in a 36% operating deficit.
54TH STREET CORPORATION, INC., (HUD PROJECT NO. 000_HD058) WAS FORMED TO OWN AND OPERATE AN 8-UNIT APARTMENT COMPLEX LOCATED IN WASHINGTON, D.C. THE PROJECT WAS FINANCED AND CONSTRUCTED UNDER SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED, AND IS ADMINISTERED AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). UNDER THE PROGRAM THE PROJECT PROVIDES HOUSING TO LOW INCOME HANDICAPPED INDIVIDUALS, SUBJECT TO REGULATION BY HUD AS TO RENTAL CHARGES AND OPERATING METHODS. LOWER RENTAL CHARGES TO TENANTS ARE RECOVERED BY THE CORPORATION THROUGH A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDED BY HUD.
54TH STREET CORPORATION, INC., (HUD PROJECT NO. 000_HD058) WAS FORMED TO OWN AND OPERATE AN 8-UNIT APARTMENT COMPLEX LOCATED IN WASHINGTON, D.C. THE PROJECT WAS FINANCED AND CONSTRUCTED UNDER SECTION...
54TH STREET CORPORATION, INC., (HUD PROJECT NO. 000_HD058) WAS FORMED TO OWN AND OPERATE AN 8-UNIT APARTMENT COMPLEX LOCATED IN WASHINGTON, D.C. THE PROJECT WAS FINANCED AND CONSTRUCTED UNDER SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED, AND IS ADMINISTERED AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). UNDER THE PROGRAM THE PROJECT PROVIDES HOUSING TO LOW INCOME HANDICAPPED INDIVIDUALS, SUBJECT TO REGULATION BY HUD AS TO RENTAL CHARGES AND OPERATING METHODS. LOWER RENTAL CHARGES TO TENANTS ARE RECOVERED BY THE CORPORATION THROUGH A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDED BY HUD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $109,167 | $103,064 | +0.1% |
| Expenses | $148,278 | $142,183 | +0.0% |
| Net Income | $-39,111 | $-39,119 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEPHEN BERNSTEIN | PRESIDENT/CH | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SYLVESTER FIERS | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAY PEARSON | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL SPEAKES | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID WEIL | MANAGING AGE | 1.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $109,167 | $148,278 | $989,551 | $-39,111 |
| 2024 | $103,064 | $142,183 | $1,033,410 | $-39,119 |
| 2023 | $98,775 | $122,713 | $1,073,971 | $-23,938 |
| 2022 | $88,932 | $145,673 | $1,099,212 | $-56,741 |
| 2021 | $80,724 | $109,736 | $1,145,288 | $-29,012 |
| 2020 | $74,818 | $61,648 | $1,177,508 | $13,170 |
| 2019 | $66,981 | $71,787 | $1,212,814 | $-4,806 |
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