Acacia Network Housing Inc (EIN 260076866) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Lymaris Albors

Phone

7188615650

Tax Period

2023-01-01 to 2023-12-31

Acacia Network Housing Inc, founded in 2003, is a major nonprofit in the Housing & Shelter sector that reported $333.4M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

Provides Temporary Housing and Housing Assistance To Homeless Families and Singles In NYC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $328,581,381

Program Service Revenue $3,939,512

Investment Income $4,530

Other Revenue $829,871

TOTAL REVENUE $333,355,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,960,035

Fundraising Expenses $0

Program Expenses $317,211,391

Other Expenses $267,763,479

TOTAL EXPENSES $332,723,514

Year-over-Year Comparison

	2023	2022	Change
Revenue	$333,355,294	$242,674,811	+0.4%
Expenses	$332,723,514	$242,967,650	+0.4%
Net Income	$631,780	$-292,839	-3.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1584

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

$2,960,184

Total Directors

Key Employees

$296,741

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAUL RUSSI	PRESIDENT	1.0	Officer	$0	$70,634	$980,006
LYMARIS ALBORS	Chief Executive Officer	2.0	Officer	$0	$39,079	$842,965
JOSE A RODRIGUEZ	Chief Legal Officer/Exec VP	2.0	Officer	$0	$37,084	$639,637
Vicky Gatell	Chief Financial Officer	1.0	Officer	$0	$42,707	$497,576
ALFREDO MATTHEWS	SVP of Transitional Housing	35.0	Key Emp	$239,456	$57,285	$296,741
KEVIN HESLOP	SVP/EVP of Finance	35.0	Highest	$227,807	$58,766	$286,573
AMARILIS A SOLER	VP OF TRANSITIONAL HOUSING	35.0	Highest	$175,044	$55,617	$230,661
JESSICA MCGHEE	VP OF TRANSITIONAL HOUSING	35.0	Highest	$173,773	$34,660	$208,433
Abel Varughese	AVP of Finance	35.0	Highest	$117,156	$35,566	$152,722
DESIREE SUSANA	SENIOR DIRECTOR OF QUALITY	35.0	Highest	$130,537	$7,219	$137,756
Hon CYNTHIA ISALES ESQ	VICE CHAIR	1.0	Officer Director	$0	$0	$0
ERICA Y MARTINEZ	SECRETARY	1.0	Officer Director	$0	$0	$0
HENRY COMAS	CHAIR	1.0	Officer Director	$0	$0	$0
MARITZA LOPEZ	BOARD MEMBER	1.0	Director	$0	$0	$0
WILFRED RENTA	TREASURER	1.0	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
2024	No data	No data	No data	No data
2023	$333,355,294	$332,723,514	$413,375,110	$631,780
2022	$242,674,811	$242,967,650	$362,231,981	$-292,839
2021	$193,658,678	$193,617,137	$102,658,710	$41,541
2020	$232,538,518	$232,459,737	$87,676,380	$78,781
2019	$270,281,747	$270,326,438	$80,395,029	$-44,691
2018	$247,057,843	$245,246,488	$68,338,355	$1,811,355

Acacia Network Housing Inc