CHARM CITY HOUSING ASSOCIATES INC (EIN 311576957) - 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

1997

Legal Domicile

Principal Officer

NICO SANDERS

Phone

4105454429

Tax Period

2023-07-01 to 2024-06-30

CHARM CITY HOUSING ASSOCIATES INC, founded in 1997, is a small nonprofit in the Human Services sector that reported $126K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $170K exceeded revenue, resulting in a 35% operating deficit.

Mission

Low-income Housing

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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 $0

Program Service Revenue $111,915

Investment Income $0

Other Revenue $13,705

TOTAL REVENUE $125,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $137,749

Other Expenses $169,880

TOTAL EXPENSES $169,880

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,620	$109,699	+0.1%
Expenses	$169,880	$149,076	+0.1%
Net Income	$-44,260	$-39,377	+0.1%

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

$289,507

Total Directors

$250,456

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIELLE STAGER ZOLLER	PRESIDENT	0.50	Officer Director	$0	$0	$0
JOE WILL	SECRETARY	0.50	Officer Director	$0	$0	$0
CRISTA TAYLOR	DIRECTOR	0.50	Director	$0	$32,003	$250,456
NICO SANDERS	EXECUTIVE DIRECTOR	5.00	Officer	$0	$4,574	$131,346
JOHN POPP	FINANCE DIRECTOR	5.00	Officer	$0	$12,474	$75,299
JOAN MURRAY	OPERATIONS DIRECTOR	5.00	Officer	$0	$14,187	$82,862

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	$125,620	$169,880	$146,807	$-44,260
2023	$109,699	$149,076	$207,123	$-39,377
2022	$96,479	$124,730	$222,642	$-28,251
2021	$108,154	$117,761	$262,768	$-9,607
2020	$100,312	$140,369	$298,678	$-40,057
2019	$102,867	$110,158	$337,181	$-7,291
2018	$97,437	$119,408	$369,859	$-21,971

CHARM CITY HOUSING ASSOCIATES INC