GRAN SIGNORA DEVELOPMENT CORP (EIN 341298874) - 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

1977

Legal Domicile

Principal Officer

ROSEMARY BERNATO

Phone

4409987551

Tax Period

2023-01-01 to 2023-12-31

GRAN SIGNORA DEVELOPMENT CORP, founded in 1977, is a small nonprofit that reported $427K in total revenue in fiscal year 2023. Expenses of $388K left a modest 9% surplus.

Mission

PROVIDE LOW/MODERATE HOUSING FOR THE ELDERLY OR HANDICAPPED.

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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 $212,826

Program Service Revenue $208,469

Investment Income $173

Other Revenue $5,468

TOTAL REVENUE $426,936

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,549

Fundraising Expenses $0

Program Expenses $287,558

Other Expenses $323,079

TOTAL EXPENSES $387,628

Year-over-Year Comparison

	2023	2022	Change
Revenue	$426,936	$396,688	+0.1%
Expenses	$387,628	$370,229	+0.0%
Net Income	$39,308	$26,459	+0.5%

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
DAVID COLUCCI	TRUSTEE	1.00	Director	$0	$0	$0
GERALD GIANGOLA	TRUSTEE	1.00	Director	$0	$0	$0
HENRY NOTTER	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT SEVERA	TRUSTEE	1.00	Director	$0	$0	$0
NICK WAYMAN	TRUSTEE	1.00	Director	$0	$0	$0
ROSEMARY BERNATO	PRESIDENT	10.00	Officer	$0	$0	$0
JANIS WILLIAMS	VICE PRESIDE	1.00	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
2023	$426,936	$387,628	$424,152	$39,308
2022	$396,688	$370,229	$380,638	$26,459
2021	$419,066	$378,315	$376,779	$40,751
2020	$419,976	$390,720	$372,040	$29,256
2019	$381,784	$367,740	$371,842	$14,044
2018	$409,776	$385,937	$380,777	$23,839

GRAN SIGNORA DEVELOPMENT CORP