RIDGEWOOD BUSHWICK HOMESTEADING ASSISTANCE HDFC (EIN 204093236) - 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

2005

Legal Domicile

Principal Officer

MARGY BROWN

Phone

2124793300

Tax Period

2024-07-01 to 2025-06-30

RIDGEWOOD BUSHWICK HOMESTEADING ASSISTANCE HDFC, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $693K in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 60% operating deficit.

Mission

TO FACILITATE FINANCING, PHYSICAL REHABILITATION, AND CO-OP CONVERSION OF CERTAIN MULTI-FAMILY DWELLINGS.

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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 $573,932

Investment Income $1,935

Other Revenue $117,490

TOTAL REVENUE $693,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $994,315

Other Expenses $1,108,240

TOTAL EXPENSES $1,108,240

Year-over-Year Comparison

	2024	2023	Change
Revenue	$693,357	$677,067	+0.0%
Expenses	$1,108,240	$817,119	+0.4%
Net Income	$-414,883	$-140,052	+2.0%

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

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

$247,816

Total Directors

$342,654

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGY BROWN	CO-CHAIR	1.00	Officer Director	$0	$48,055	$247,816
SCOTT SHORT	CO-CHAIR THRU 08/08/24	1.00	Officer Director	$0	$0	$0
RICHARD HEITLER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
MARINA METALIOS	DIRECTOR	1.00	Director	$0	$275	$94,838
KIERAN HARRINGTON	CO-CHAIR	1.00	Officer 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	$693,357	$1,108,240	$18,056,154	$-414,883
2024	No data	No data	No data	No data
2023	$683,250	$635,140	$17,228,612	$48,110
2022	$655,373	$768,427	$21,927,959	$-113,054
2021	$640,875	$573,319	$18,999,517	$67,556
2020	$626,130	$645,141	$20,512,088	$-19,011
2019	$899,885	$981,051	$20,104,075	$-81,166
2018	$919,720	$1,128,709	$20,121,338	$-208,989

RIDGEWOOD BUSHWICK HOMESTEADING ASSISTANCE HDFC