MT PROSPECT AVE NEIGHBORHOOD (EIN 260233858) - 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

2007

Legal Domicile

Principal Officer

FELIX LOPEZ MONTALVO

Phone

9733505555

Tax Period

2023-01-01 to 2023-12-31

MT PROSPECT AVE NEIGHBORHOOD, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $513K in total revenue in fiscal year 2023. The organization ran a surplus of $85K, a strong 17% operating margin.

Mission

BETTERMENT OF THE COMMERCIAL,BUSINESS, AND RESIDENTIAL ENVIRONMENT IN THE MT PROSPECT NEIGHBORHOOD IMPROVEMENT DISTRICT.

🔒

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 $513,200

Program Service Revenue $0

Investment Income $23

Other Revenue $0

TOTAL REVENUE $513,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $408,915

Other Expenses $428,301

TOTAL EXPENSES $428,301

Year-over-Year Comparison

	2023	2022	Change
Revenue	$513,223	N/A	N/A
Expenses	$428,301	$615	+695.4%
Net Income	$84,922	$-615	-139.1%

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

N/A

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
MICHAEL SHEEHAN	TREASURER	5.00	Officer	$0	$0	$0
CHRIS VIRGINIO	SECRETARY	5.00	Officer	$0	$0	$0
N/A	TRUSTEE	3.00	Director	$0	$0	$0
MARIO PUORRO	TRUSTEE	3.00	Director	$0	$0	$0
RITA ALVAREZ	TRUSTEE	3.00	Director	$0	$0	$0
FELIX LOPEZ-MONTALVO ESQ	PRESIDENT	3.00	Director	$0	$0	$0
TERRY MCSWEENEY	VICE PRESIDENT	3.00	Director	$0	$0	$0
HONORABLE ANIBAL RAMOS JR	TRUSTEE	3.00	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	$513,223	$428,301	$389,793	$84,922
2022	$326,700	$372,421	$271,937	$-45,721
2022	$326,700	$380,159	$270,284	$-53,459
2021	$326,700	$330,838	$337,129	$-4,138
2021	$326,705	$335,889	$335,584	$-9,184
2020	$349,614	$253,215	$346,534	$96,399
2019	$333,164	$318,965	$256,333	$14,199
2019	$333,164	$324,030	$256,229	$9,134
2018	$358,029	$414,445	$211,981	$-56,416
2018	$356,429	$405,898	$216,107	$-49,469

MT PROSPECT AVE NEIGHBORHOOD