FOUR STREETS HOUSING DEVELOPMENT FUND CO (EIN 341977017) - 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

2004

Legal Domicile

Principal Officer

JEFFREY DUNSTON

Phone

7184539490

Tax Period

2023-07-01 to 2024-06-30

FOUR STREETS HOUSING DEVELOPMENT FUND CO, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $455K in total revenue in fiscal year 2023. Expenses of $639K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR PERSONS OF LOW INCOME IN SECTIONS OF BROOKLYN, NEW YORK.

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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 $455,287

Investment Income $0

Other Revenue $0

TOTAL REVENUE $455,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $590,463

Other Expenses $639,494

TOTAL EXPENSES $639,494

Year-over-Year Comparison

	2023	2022	Change
Revenue	$455,287	$456,638	0.0%
Expenses	$639,494	$746,682	-0.1%
Net Income	$-184,207	$-290,044	-0.4%

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

$298,920

Total Directors

$298,920

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY DUNSTON	DIRECTOR	0.33	Officer Director	$0	$0	$298,920
NATHANIEL MONTGOMERY	DIRECTOR	0.33	Director	$0	$0	$0
LUCY ALVAREZ	DIRECTOR	0.33	Director	$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
2024	$455,287	$639,494	$5,247,379	$-184,207
2023	$456,638	$746,682	$5,273,999	$-290,044
2022	No data	No data	$5,610,910	No data
2021	$459,167	$603,023	$5,610,910	$-143,856
2020	$448,500	$574,538	$5,733,861	$-126,038
2019	$439,455	$519,702	$5,862,845	$-80,247
2018	$403,822	$541,977	$5,976,545	$-138,155

FOUR STREETS HOUSING DEVELOPMENT FUND CO