Fall River Community Housing (EIN 222547079) - 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

1983

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Fall River Community Housing, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

To assist in implementing an affirmative fair housing marketing agreement between HUD and the area Board of Realtors. Also, to enhance public relations and to educate the pulic with respect to fair housing issues affecting the senior citizens and minorities.

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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 $219,738

Investment Income $21

Other Revenue $958,739

TOTAL REVENUE $1,178,498

Expense Breakdown

Grants Paid $208,457

Salaries & Benefits $185,961

Fundraising Expenses $0

Program Expenses $914,144

Other Expenses $800,704

TOTAL EXPENSES $1,195,122

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,178,498	$879,644	+0.3%
Expenses	$1,195,122	$1,186,207	+0.0%
Net Income	$-16,624	$-306,563	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Dorney	Director	0.00	Director	$0	$0	$0
Shirley Luongo	Director	0.00	Director	$0	$0	$0
Dawn Nardi	Director	0.00	Director	$0	$0	$0
Luci Vitorino	Director	0.00	Director	$0	$0	$0
Alicia Vitorino	Director	0.00	Director	$0	$0	$0
Phil Martelly	Director	0.00	Director	$0	$0	$0
Mark Duval	Director	0.00	Director	$0	$0	$0
Joseph A Rodrigues Jr	President	1.00	Officer Director	$0	$0	$0
Betty Anne Mullens	Treasurer	1.00	Officer Director	$0	$0	$0
Norma Rose Brandt	Clerk	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	No data	No data	No data	No data
2024	$1,178,498	$1,195,122	$8,598,825	$-16,624
2023	$1,645,528	$1,197,983	$8,263,242	$447,545
2023	$1,645,528	$1,197,983	$8,263,242	$447,545

Fall River Community Housing