NCR OF WEBSTER HOUSING DEVELOPMENT FUND COMPANY INC (EIN 311248886) - 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

1987

Legal Domicile

Principal Officer

CHRISTINE FRASCA

Phone

6144512151

Tax Period

2024-09-01 to 2025-08-31

NCR OF WEBSTER HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1987, is a small nonprofit that reported $608K in total revenue in fiscal year 2024. Expenses of $1.8M exceeded revenue, resulting in a 192% operating deficit.

Mission

PROVIDE HOUSING FOR LOW AND MODERATE INCOME 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 (2024)

Revenue Breakdown

Contributions & Grants $440,692

Program Service Revenue $209,614

Investment Income $-45,756

Other Revenue $3,816

TOTAL REVENUE $608,366

Expense Breakdown

Grants Paid $1,042,258

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,722,651

Other Expenses $735,415

TOTAL EXPENSES $1,777,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$608,366	$620,533	0.0%
Expenses	$1,777,673	$640,046	+1.8%
Net Income	$-1,169,307	$-19,513	+58.9%

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

N/A

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

$2,175,666

Total Directors

$1,384,244

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT MALONEY	DIRECTOR	0.10	Director	$0	$0	$0
TINGTING LI	DIRECTOR	0.10	Director	$0	$0	$0
GREG COMFORT	DIRECTOR	0.10	Director	$0	$0	$0
MATTHEW D RULE	PRESIDENT	0.10	Officer Director	$0	$48,755	$579,239
SONYA BROWN	VICE PRESIDENT	0.10	Officer Director	$0	$44,001	$482,725
JILL KOLB	VICE PRESIDENT	0.10	Officer Director	$0	$42,628	$322,280
JULIE M WOOLLEY	SECRETARY	0.10	Officer	$0	$28,845	$490,006
ERIC WALKER	VICE PRESIDENT	0.10	Officer	$0	$35,444	$301,416
SEAN ALEXANDER	VICE PRESIDENT	0.10	Officer	$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	$608,366	$1,777,673	$2,029,038	$-1,169,307
2024	$620,533	$640,046	$3,322,909	$-19,513
2023	$683,305	$1,242,636	$3,269,870	$-559,331
2022	$502,703	$503,778	$1,947,110	$-1,075
2021	$502,144	$488,168	$2,016,255	$13,976
2020	$493,019	$466,311	$2,074,684	$26,708
2019	$469,368	$471,777	$2,155,297	$-2,409

NCR OF WEBSTER HOUSING DEVELOPMENT FUND COMPANY INC