HOMES FOR THE EXCEPTIONAL V INC (EIN 261155742) - 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

2007

Legal Domicile

Principal Officer

Lynda Meltzer

Phone

8452672500

Tax Period

2023-01-01 to 2023-12-31

HOMES FOR THE EXCEPTIONAL V INC, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $159K in total revenue in fiscal year 2023. Expenses of $189K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO ACQUIRE REAL PROPERTY FOR THE BENEFIT OF ROCKLAND COUNTY CHAPTER, NYSARC, INC., A RELATED ORG., WHO PROVIDES TRAINING AND RESIDENTIAL SERVICES TO THE DEVELOPMENTALLY DISABLED.

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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 $158,976

Investment Income $14

Other Revenue $0

TOTAL REVENUE $158,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,813

Other Expenses $189,400

TOTAL EXPENSES $189,400

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,990	$158,979	+0.0%
Expenses	$189,400	$200,653	-0.1%
Net Income	$-30,410	$-41,674	-0.3%

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

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
Lynda Meltzer	PRESIDENT	1.0	Officer Director	$0	$0	$0
KAREN FEINSTEIN	1st Vice President	1.0	Officer Director	$0	$0	$0
Rita Rameau	2nd Vice President	1.0	Officer Director	$0	$0	$0
DIAN CIFUNI	TREASURER	1.0	Officer Director	$0	$0	$0
JOHN M SMITH	Secretary	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	$158,990	$189,400	$1,310,655	$-30,410
2022	$158,979	$200,653	$1,329,498	$-41,674
2021	$151,916	$200,074	$1,375,548	$-48,158
2020	$155,316	$182,619	$1,412,037	$-27,303
2019	$157,555	$181,173	$1,488,194	$-23,618
2018	$134,434	$182,403	$1,507,925	$-47,969

HOMES FOR THE EXCEPTIONAL V INC