WATERVLIET HOUSING DEVELOPMENT FUND COMPANY INC (EIN 300178029) - 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

2003

Legal Domicile

Principal Officer

MATTHEW ETHIER

Phone

5182734717

Tax Period

2018-10-01 to 2019-09-30

WATERVLIET HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2003, is a micro nonprofit in the Housing & Shelter sector that reported $17K in total revenue in fiscal year 2018. Expenses of $16K left a modest 3% surplus.

Mission

THE COMPANY WAS ORGANIZED TO DEVELOP A CITY TELEVISION STATION THAT PROMOTES ANTI-DRUD COMMUNITY EVENTS AND OTHER ACTIVITIES THAT HELP LOW-MODERATE INCOME FAMILIES IN WATERVLIET.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $16,775

Investment Income $0

Other Revenue $0

TOTAL REVENUE $16,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,978

Other Expenses $16,198

TOTAL EXPENSES $16,198

Year-over-Year Comparison

	2018	2017	Change
Revenue	$16,775	$16,051	+0.0%
Expenses	$16,198	$14,281	+0.1%
Net Income	$577	$1,770	-0.7%

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

N/A

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
SANDRA BESTON	Chairman	5.00	Director	$0	$0	$0
CHARLES A JESEO	VICE CHAIR	5.00	Director	$0	$0	$0
JEFFREY CXARNECKI	BOARD MEMBER	5.00	Director	$0	$0	$0
PAUL MURPHY	BOARD MEMBER	5.00	Director	$0	$0	$0
JANE HAYES	BOARD MEMBER	5.00	Director	$0	$0	$0
MATTHEW ETHIER	Executive Dir.	5.00	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
2019	$16,775	$16,198	$397,170	$577
2018	$16,051	$14,281	$396,593	$1,770

WATERVLIET HOUSING DEVELOPMENT FUND COMPANY INC