ASSOCIATION OF NEW YORK CATHOLIC HOMES INC (EIN 270335937) - 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

2004

Legal Domicile

Principal Officer

RUSSELL LANG

Phone

2123711000

Tax Period

2024-01-01 to 2024-12-31

ASSOCIATION OF NEW YORK CATHOLIC HOMES INC, founded in 2004, is a small nonprofit that reported $148K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $180K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO DEVELOP SAFE, AFFORDABLE HOUSING FOR FAMILIES AND SENIORS, BASED IN OUR BELIEF THAT HAVING A HOME IS A SACRED HUMAN RIGHT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $148,020

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $148,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,420

Other Expenses $180,153

TOTAL EXPENSES $180,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$148,020	$177,143	-0.2%
Expenses	$180,153	$177,145	+0.0%
Net Income	$-32,133	$-2	+16065.5%

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

$594,366

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONSIGNOR KEVIN SULLIVAN	CHAIR	1.00	Officer Director	$0	$0	$0
JOHN CAHILL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARION BOTEJU	SECRETARY	1.00	Officer Director	$0	$0	$0
GEORGE HORTON	TREASURER	1.00	Officer Director	$0	$0	$0
KEN DEMPSEY	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
WILLIAM WHISTON	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
DEACON RODNEY BECKFORD	DIRECTOR	1.00	Director	$0	$0	$0
DAVID BROWN	DIRECTOR	1.00	Director	$0	$0	$0
PAULA CARETHERS	DIRECTOR	1.00	Director	$0	$0	$0
REVEREND ERIC CRUZ	DIRECTOR	1.00	Director	$0	$0	$0
BROTHER TYRONE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
STANLEY GRAYSON	DIRECTOR	1.00	Director	$0	$0	$0
MONSIGNOR JOSEPH LAMORTE	DIRECTOR	1.00	Director	$0	$0	$0
MONSIGNOR KEVIN NELAN	DIRECTOR	1.00	Director	$0	$0	$0
ED NEWMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN REILLY	DIRECTOR	1.00	Director	$0	$0	$0
ANGELO SALVATORE	DIRECTOR	1.00	Director	$0	$0	$0
LUZ TAVAREZ	DIRECTOR	1.00	Director	$0	$0	$0
BEATRIZ DIAZ-TAVERAS	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL LANG	PRESIDENT & CEO	20.00	Officer	$0	$1,732	$388,375
ERIKA BRANDT	CHIEF OPERATING OFFICER	20.00	Officer	$0	$1,490	$205,991

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	$148,020	$180,153	$385,884	$-32,133
2023	$177,143	$177,145	$657,034	$-2
2022	$292,500	$262,637	$573,792	$29,863
2021	$97,333	$100,571	$415,735	$-3,238
2021	$1,589,001	$1,539,365	$394,545	$49,636
2020	$1,442,325	$1,438,204	$633,169	$4,121
2019	$1,670,981	$1,512,847	$493,436	$158,134

ASSOCIATION OF NEW YORK CATHOLIC HOMES INC