DGN III INC (EIN 273293469) - 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

2010

Legal Domicile

Principal Officer

JEFFREY FREIMARK

Phone

3057518626

Tax Period

2023-07-01 to 2024-06-30

DGN III INC, founded in 2010, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

OPERATION OF A 75-UNIT MULTI-FAMILY APARTMENT COMPLEX FOR LOW-INCOME ELDERLY PERSONS.

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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 $773,644

Program Service Revenue $294,689

Investment Income $25

Other Revenue $0

TOTAL REVENUE $1,068,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $928,153

Other Expenses $1,057,286

TOTAL EXPENSES $1,057,286

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,068,358	$983,886	+0.1%
Expenses	$1,057,286	$1,021,994	+0.0%
Net Income	$11,072	$-38,108	-1.3%

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

$2,059,056

Total Directors

$2,059,056

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY FREIMARK	PRESIDENT	1.00	Officer Director	$0	$14,478	$1,507,278
ALAN GOLDSMITH	TREASURER/MEMBER	1.00	Officer Director	$0	$31,352	$456,682
LESLIE TORRES	SECRETARY	1.00	Officer Director	$0	$0	$95,096
RONALD FIELDSTONE	CHAIR	1.00	Officer Director	$0	$0	$0
DAVID MAYA	DIRECTOR	1.00	Director	$0	$0	$0
MOLLY RAMOS	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY ROSENBLATT	DIRECTOR	1.00	Director	$0	$0	$0
ELLIOT SKLAR PHD	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$1,068,358	$1,057,286	$7,902,478	$11,072
2023	$983,886	$1,021,994	$8,143,443	$-38,108
2022	$976,051	$943,925	$8,387,704	$32,126
2021	$968,116	$926,782	$8,650,751	$41,334
2020	$923,179	$944,327	$8,935,219	$-21,148
2019	$896,271	$937,949	$9,161,020	$-41,678
2018	$830,360	$886,759	$9,482,914	$-56,399

DGN III INC