HEALTHY NEIGHBORHOODS INC (EIN 300272104) - 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

ROBERT PIPIK

Phone

4103320387

Tax Period

2024-01-01 to 2024-12-31

HEALTHY NEIGHBORHOODS INC, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $3.2M in total revenue in fiscal year 2024. Expenses of $3.6M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO HELP BALTIMORE COMMUNITIES FORGE STRONG CONNECTIONS AMONG NEIGHBORS TO MARKET THEIR COMMUNITIES, INCREASE HOME VALUES AND CREATE HIGH STANDARDS FOR PROPERTY IMPROVEMENT.

🔒

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 $2,910,410

Program Service Revenue $0

Investment Income $86,212

Other Revenue $227,337

TOTAL REVENUE $3,223,959

Expense Breakdown

Grants Paid $1,996,231

Salaries & Benefits $1,019,374

Fundraising Expenses $105,273

Program Expenses $3,300,825

Other Expenses $592,716

TOTAL EXPENSES $3,608,321

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,223,959	$3,139,337	+0.0%
Expenses	$3,608,321	$2,741,474	+0.3%
Net Income	$-384,362	$397,863	-2.0%

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

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

$171,519

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS P MATHEWS JR	CHAIR	1.00	Officer Director	$0	$0	$0
JON M LARIA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
THOMAS R JONES	TREASURER	1.00	Officer Director	$0	$0	$0
NORA VLAHOYIANNIS	SECRETARY	1.00	Officer Director	$0	$0	$0
TIM ARMBRUSTER	TRUSTEE EMERITUS	1.00	Director	$0	$0	$0
DOUGLASS AUSTIN	TRUSTEE	1.00	Director	$0	$0	$0
CHERYL CASCIANI	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT A DEALMEIDA	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT C EMBRY JR	TRUSTEE	1.00	Director	$0	$0	$0
PAUL T GRAZIANO	TRUSTEE	1.00	Director	$0	$0	$0
TRACY KARTYE	TRUSTEE	1.00	Director	$0	$0	$0
ALICE KENNEDY EX-OFFICIO	TRUSTEE	1.00	Director	$0	$0	$0
STEVE MCGUIRE	TRUSTEE	1.00	Director	$0	$0	$0
ANNIE MILLI	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH R MINKIN	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER RYER EX-OFFICIO	TRUSTEE	1.00	Director	$0	$0	$0
SHANAYSHA SAULS PHD	TRUSTEE	1.00	Director	$0	$0	$0
DANIEL WERNECKE	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN CARTER	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW SAMUEL	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS SYCHUK	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT PIPIK	PRESIDENT	40.00	Officer	$163,351	$8,168	$171,519

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	$3,223,959	$3,608,321	$11,408,607	$-384,362
2023	$3,139,337	$2,741,474	$6,701,242	$397,863
2022	$1,967,704	$2,474,769	$6,349,170	$-507,065
2021	$2,995,250	$4,181,435	$5,880,711	$-1,186,185
2020	$3,471,405	$5,032,843	$5,186,687	$-1,561,438
2019	$3,922,812	$4,636,777	$6,907,246	$-713,965
2018	$5,384,111	$5,948,224	$7,918,415	$-564,113

HEALTHY NEIGHBORHOODS INC