BLUEHUB LOAN FUND INC (EIN 222593378) - 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

1984

Legal Domicile

Principal Officer

LISA ZAPPALA

Phone

6174278600

Tax Period

2023-01-01 to 2023-12-31

BLUEHUB LOAN FUND INC, founded in 1984, is a mid-sized nonprofit that reported $38.0M in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26.4M, a strong 70% operating margin.

Mission

COMMUNITY LENDING

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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 $20,986,347

Program Service Revenue $14,393,623

Investment Income $2,576,989

Other Revenue $0

TOTAL REVENUE $37,956,959

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,224,308

Fundraising Expenses $198,167

Program Expenses $9,243,589

Other Expenses $7,318,505

TOTAL EXPENSES $11,542,813

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,956,959	$22,068,331	+0.7%
Expenses	$11,542,813	$9,735,665	+0.2%
Net Income	$26,414,146	$12,332,666	+1.1%

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

$2,064,360

Total Directors

$1,598,897

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELYSE CHERRY	CEO & EX-OFFICIO BOARD MEMBER	8.00	Officer Director	$194,249	$117,866	$1,089,108
DEWITT JONES	EXECUTIVE VP & EX-OFFICIO	0.00	Officer Director	$0	$83,792	$509,789
CHARLES CLARK	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
REV JAMES WALSH SJ	CLERK OF THE BOARD	1.00	Officer Director	$0	$0	$0
SARAH C LINCOLN	TREASURER OF THE BOARD	1.00	Officer Director	$0	$0	$0
EDWARD DUGGER III	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE GOULD	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA MAFFEI	BOARD MEMBER	1.00	Director	$0	$0	$0
VICTOR R RIVERA	BOARD MEMBER	1.00	Director	$0	$0	$0
MERCEDES TOMPKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
REESE FAYDE	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA ZAPPALA	CFO	12.00	Officer	$122,268	$57,904	$465,463
E MATTHEW GAUTIERI	SVP, CONTROLLER	10.00	Highest	$57,817	$85,009	$316,275
KATHRYN MCHUGH	SVP, COMMERCIAL LENDING	40.00	Highest	$318,083	$45,427	$363,510
MICHAEL NILLES	SVP, COMMERCIAL LENDING, TEAM LEADER	40.00	Highest	$278,499	$44,274	$322,773
ANDREW KOH	SVP, OPERATIONS	0.00	Highest	$0	$91,894	$303,358
BRENDA LOYA	CHIEF OPERATING OFFICER	0.00	Highest	$0	$41,330	$286,866

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	$37,956,959	$11,542,813	$353,897,293	$26,414,146
2022	$22,068,331	$9,735,665	$289,989,268	$12,332,666
2021	$19,137,908	$10,209,661	$278,445,233	$8,928,247
2020	$22,754,955	$10,994,362	$271,825,520	$11,760,593
2019	$20,296,999	$9,533,088	$255,156,204	$10,763,911
2018	$15,330,925	$6,584,995	$216,547,675	$8,745,930

BLUEHUB LOAN FUND INC