NEIGHBORHOOD LENDING SERVICES INC (EIN 363471392) - 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

TOM SAKOS

Phone

7738950750

Tax Period

2024-04-01 to 2025-03-31

NEIGHBORHOOD LENDING SERVICES INC, founded in 1987, is a community nonprofit in the Housing & Shelter sector that reported $4.6M in total revenue in fiscal year 2024. The organization ran a surplus of $1.1M, a strong 24% operating margin.

Mission

REVITALIZE UNDERSERVED CHICAGO NEIGHBORHOODS BY ORIGINATING AFFORDABLE FIXED-RATE MORTGAGE LOANS FOR LOW- AND MODERATE-INCOME BORROWERS THROUGHOUT CHICAGO, KANE COUNTY, AND SOUTH SUBURBAN COOK COUNTY.

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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 $1,353,812

Program Service Revenue $3,213,522

Investment Income $0

Other Revenue $24,335

TOTAL REVENUE $4,591,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,838,817

Fundraising Expenses $0

Program Expenses $2,366,328

Other Expenses $1,651,097

TOTAL EXPENSES $3,489,914

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,591,669	$4,471,240	+0.0%
Expenses	$3,489,914	$3,292,012	+0.1%
Net Income	$1,101,755	$1,179,228	-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

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

$665,736

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT TUCKER	BOARD PRESIDENT	5.00	Officer Director	$0	$0	$0
THOMAS FITZGIBBON JR	BOARD SECRETARY	5.00	Officer Director	$0	$0	$0
MANUEL JIMENEZ	DIRECTOR	5.00	Director	$0	$0	$0
FARUK DAUDBASIC	DIRECTOR	5.00	Director	$0	$0	$0
ARTHUR NEVILLE	DIRECTOR	5.00	Director	$0	$0	$0
ANTHONY SIMPKINS	CHIEF EXECUTIVE OFFICER	10.00	Officer	$0	$16,723	$238,561
DONNA CLARKE	CHIEF OPERATING OFFICER	10.00	Officer	$0	$7,454	$167,662
TOM SAKOS	CHIEF FINANCIAL OFFICER	10.00	Officer	$0	$0	$161,108
JANICE CRAWFORD	CHIEF CREDIT OFFICER	30.00	Officer	$0	$9,678	$98,405

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	$4,591,669	$3,489,914	$16,442,299	$1,101,755
2024	$4,471,240	$3,292,012	$21,361,936	$1,179,228
2023	$2,840,462	$3,564,491	$24,089,231	$-724,029
2022	$4,912,824	$4,891,111	$30,819,021	$21,713
2021	$5,304,786	$4,838,156	$29,916,373	$466,630
2020	$4,777,772	$5,125,282	$30,924,294	$-347,510
2019	$5,597,103	$4,782,286	$25,555,683	$814,817
2018	$6,858,257	$6,280,690	$22,762,982	$577,567

NEIGHBORHOOD LENDING SERVICES INC