NO 8 BUILDING CORPORATION (EIN 341138472) - 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

1971

Legal Domicile

Principal Officer

TOM ENRIGHT

Phone

4196668920

Tax Period

2024-08-01 to 2025-07-31

NO 8 BUILDING CORPORATION, founded in 1971, is a small nonprofit that reported $108K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $168K exceeded revenue, resulting in a 56% operating deficit.

Mission

THE ORGANIZATION HOLDS TITLE TO PROPERTY TO BENEFIT AN AFFILIATED EXEMPT ORGANIZATION

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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 $0

Program Service Revenue $107,556

Investment Income $0

Other Revenue $0

TOTAL REVENUE $107,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $167,925

TOTAL EXPENSES $167,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$107,556	$253,055	-0.6%
Expenses	$167,925	$175,121	0.0%
Net Income	$-60,369	$77,934	-1.8%

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

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

$440,108

Total Directors

$336,061

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS ENRIGHT	EXECUTIVE BOARD CHAIR	2.00	Director	$0	$44,213	$136,077
PATRICIO COVARRUBIAS	EXECUTIVE BOARD MEMBER	0.20	Director	$0	$2,492	$11,224
MICHAEL BRUBAKER	EXECUTIVE BOARD MEMBER	2.00	Director	$0	$57,268	$176,437
MARK EHRENFRIED	EXECUTIVE BOARD MEMBER	0.20	Director	$0	$1,186	$6,934
ROGER BARNEY	EXECUTIVE BOARD MEMBER	0.20	Director	$0	$643	$5,389
ROY B GROSSWILER	BUSINESS MANAGER	2.00	Officer	$0	$56,688	$237,361
VINCENT P HESTER II	TREASURER	2.00	Officer	$0	$17,389	$56,323
SHAUN ENRIGHT	PRESIDENT	0.20	Officer	$0	$0	$6,030
JOSHUA ABERNATHY	RECORDING SECRETARY	2.00	Officer	$0	$43,443	$133,859
JARED EVERSOLE	VICE PRESIDENT	0.20	Officer	$0	$0	$820
JAMES PFEIFER	FINANCIAL SECRETARY	0.20	Officer	$0	$120	$5,715

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	$107,556	$167,925	$415,621	$-60,369
2024	$253,055	$175,121	$474,394	$77,934
2023	$243,333	$231,594	$399,910	$11,739
2022	$160,988	$213,980	$405,988	$-52,992
2021	$152,948	$199,376	$456,700	$-46,428
2020	$207,344	$208,574	$482,724	$-1,230
2019	$245,299	$196,035	$490,302	$49,264
2018	$234,089	$178,353	$438,397	$55,736

NO 8 BUILDING CORPORATION