east 104th street housing development fund company

EIN: 237401864 501(c)(3)

new york, NY

Total Revenue
$77,648
Total Expenses
$201,549
Total Assets
N/A
Net Assets
N/A
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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
1974
Legal Domicile
NY
Principal Officer
gina rusch
Phone
2122892179
Tax Period
2017-07-01 to 2018-06-30

east 104th street housing development fund company, founded in 1974, is a micro nonprofit that reported $78K in total revenue in fiscal year 2017. Revenue decreased 15% compared to the prior year. Expenses of $202K exceeded revenue, resulting in a 160% operating deficit.

Mission

to provide affordable housing to people of low income.

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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%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $77,430
Investment Income $218
Other Revenue $0
TOTAL REVENUE $77,648

Expense Breakdown

Grants Paid $200,904
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $201,549
Other Expenses $645
TOTAL EXPENSES $201,549

Year-over-Year Comparison

2017 2016 Change
Revenue $77,648 $91,306 -0.1%
Expenses $201,549 $7,199 +27.0%
Net Income $-123,901 $84,107 -2.5%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
$196,200
Total Directors
5
$196,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
gina rusch President 0.20
Officer Director
$0 $0 $7,500
eugene sklar Director 0.20
Director
$0 $0 $0
augustus l putman Treasurer 0.20
Officer Director
$0 $0 $0
david nocenti Secretary 0.20
Officer Director
$0 $3,700 $188,700
bill rosado Director 0.20
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
2018 $77,648 $201,549 No data $-123,901
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