CIRCULO HOUSING DEVELOPMENT FUND C… - Form 990 Financial Data

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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

2008

Legal Domicile

Principal Officer

HECTOR MARTINEZ

Phone

5164311135

Tax Period

2024-06-01 to 2025-05-31

CIRCULO HOUSING DEVELOPMENT FUND CORPORATION, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $148K in total revenue in fiscal year 2024. Net assets of $1.5M represent 118 months of operating reserves.

Mission

THE MISSION OF CIRCULO HOUSING DEVELOPMENT FUND CORPORATION ("HDFC") IS TO DEVELOP AND OPERATE HOUSING FOR UNDERSERVED INDIVIDUALS AND FAMILIES HELPING THEM IMPROVE THEIR LIVES THROUGH HOUSING STABILITY.

Program Service Accomplishments

Program 1

Expenses: $154,965 Revenue: $147,373

TO ACQUIRE, ESTABLISH, DEVELOP, MORTGAGE, LEASE, MANAGE, EQUIP, CONSTRUCT, REHABILITATE, OPERATE AND MAINTAIN HOUSING PROJECTS FOR PERSONS OF LOW INCOME AND HOUSING PROJECTS FOR PERSONS WHO ARE...

TO ACQUIRE, ESTABLISH, DEVELOP, MORTGAGE, LEASE, MANAGE, EQUIP, CONSTRUCT, REHABILITATE, OPERATE AND MAINTAIN HOUSING PROJECTS FOR PERSONS OF LOW INCOME AND HOUSING PROJECTS FOR PERSONS WHO ARE HOMELESS IN THE STATE OF NEW YORK.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $147,373

Investment Income $222

Other Revenue $0

TOTAL REVENUE $147,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $154,965

Other Expenses $154,965

TOTAL EXPENSES $154,965

Year-over-Year Comparison

	2024	2023	Change
Revenue	$147,595	$144,601	+0.0%
Expenses	$154,965	$134,587	+0.2%
Net Income	$-7,370	$10,014	-1.7%

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
LEO FERNANDEZ	PRESIDENT	2.00	Officer Director	$0	$0	$0
HECTOR MARTINEZ	TREASURER	2.00	Officer Director	$0	$0	$0
EVELYN BIBILASHVILI	SECRETARY	2.00	Officer Director	$0	$0	$0
AMY FLORES	BOARD MEMBER	2.00	Director	$0	$0	$0
SILVANA LOYOLA	BOARD MEMBER	2.00	Director	$0	$0	$0
OSMAN CANALES	BOARD MEMBER	2.00	Director	$0	$0	$0
JIMMY PEREZ	BOARD MEMBER	2.00	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
2025	$147,595	$154,965	$2,195,946	$-7,370
2024	$144,601	$134,587	$2,203,506	$10,014
2023	$143,993	$153,877	$2,205,839	$-9,884
2022	$141,749	$111,527	$2,218,706	$30,222
2021	$141,476	$109,027	$2,184,731	$32,449
2020	$123,641	$112,953	$1,651,664	$10,688
2019	$113,721	$61,343	$1,640,976	$52,378
2018	$202,471	$59,595	$1,588,598	$142,876

CIRCULO HOUSING DEVELOPMENT FUND CORPORATION