ALLENTOWN B'NAI B'RITH HOUSING CORPORATION (EIN 237431696) - 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

1973

Legal Domicile

Principal Officer

ARI FORGOSH

Phone

6108210207

Tax Period

2023-07-01 to 2024-06-30

ALLENTOWN B'NAI B'RITH HOUSING CORPORATION, founded in 1973, is a community nonprofit in the Housing & Shelter sector that reported $3.4M in total revenue in fiscal year 2023. Expenses of $3.2M left a modest 6% surplus.

Mission

TO PROVIDE SUBSIDIZED HOUSING TO THE ELDERLY AND MOBILITY IMPAIRED THROUGH THE U.S. DEPART. OF HUD

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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 $3,246,396

Investment Income $27,715

Other Revenue $120,183

TOTAL REVENUE $3,394,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,203,247

Fundraising Expenses $0

Program Expenses $2,694,811

Other Expenses $1,972,576

TOTAL EXPENSES $3,175,823

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,394,294	$3,258,896	+0.0%
Expenses	$3,175,823	$3,106,234	+0.0%
Net Income	$218,471	$152,662	+0.4%

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

$167,215

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARI FORGOSH	PRESIDENT	2.00	Officer Director	$0	$0	$0
MAXINE KLEIN	TREASURER	2.00	Officer Director	$0	$0	$0
BARBRA BUTZ	SECRETARY	2.00	Officer Director	$0	$0	$0
ALISON POST	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NEIL FORGOSH	BOARD MEMBER	3.00	Director	$0	$0	$0
MARJORIE FORGOSH	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY GROB	BOARD MEMBER	1.00	Director	$0	$0	$0
MARLA MELMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ZAC COHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELLEN SOSIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT SIPOS	ADMINISTRATOR	20.00	Officer	$41,639	$12,582	$54,221
SANDRA SAENZ - UNTIL 72024	MANAGER	40.00	Officer	$51,190	$28,031	$79,221
PRISCILLA RIVERA - EFFECTIVE 92023	MANAGER	40.00	Officer	$31,015	$2,758	$33,773

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	$3,394,294	$3,175,823	$7,622,843	$218,471
2023	$3,258,896	$3,106,234	$7,619,235	$152,662
2022	$3,117,871	$2,992,865	$7,631,458	$125,006
2021	$3,200,176	$3,109,064	$7,858,878	$91,112
2020	$3,059,399	$3,196,523	$8,098,863	$-137,124
2019	$2,980,082	$3,224,772	$8,311,127	$-244,690

ALLENTOWN B'NAI B'RITH HOUSING CORPORATION