URBAN ACTION PARTNERS INC FKA NEIGHBORHOOD WORKS INC (EIN 431821818) - 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

1998

Legal Domicile

Principal Officer

JOSEPH HIERSTEINER

Phone

8165072845

Tax Period

2024-01-01 to 2024-12-31

URBAN ACTION PARTNERS INC FKA NEIGHBORHOOD WORKS INC, founded in 1998, is a small nonprofit that reported $354K in total revenue in fiscal year 2024. Revenue surged 244% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 194% operating deficit.

Mission

URBAN ACTION PARTNERS, INC. WAS FORMED FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING FOR LOW-INCOME SENIORS, PROVIDING FINANCING FOR REHABILITATION OF URBAN CORE HOUSING, PROVIDING TEMPORARY FINANCING FOR NON-PROFITS SERVING THE URBAN CORE AND OTHER SERVICES TO NON-PROFITS AND URBAN CORE NEIGHBORHOODS.

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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 $0

Investment Income $353,877

Other Revenue $0

TOTAL REVENUE $353,877

Expense Breakdown

Grants Paid $791,576

Salaries & Benefits $161,087

Fundraising Expenses $0

Program Expenses $979,034

Other Expenses $86,766

TOTAL EXPENSES $1,039,429

Year-over-Year Comparison

	2024	2023	Change
Revenue	$353,877	$102,982	+2.4%
Expenses	$1,039,429	$403,986	+1.6%
Net Income	$-685,552	$-301,004	+1.3%

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

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

$131,792

Total Directors

$131,792

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH HIERSTEINER	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$0	$0
MORRIS J NUNN	VICE-PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
THOMAS EATMAN	VICE-PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
W TERRENCE BROWN	PRESIDENT/DIRECTOR	40.00	Officer Director	$131,792	$0	$131,792

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	No data	No data	No data	No data
2024	$353,877	$1,039,429	$428,764	$-685,552
2023	$102,982	$403,986	$6,775,064	$-301,004
2022	$-456,301	$1,462,384	$6,208,481	$-1,918,685
2022	$-456,301	$1,462,384	$6,208,481	$-1,918,685
2021	$567,874	$772,557	$9,366,624	$-204,683
2020	$5,696,324	$1,700,109	$8,880,902	$3,996,215
2019	$1,567,819	$1,770,584	$9,817,483	$-202,765
2018	$1,707,765	$1,864,234	$9,735,429	$-156,469

URBAN ACTION PARTNERS INC FKA NEIGHBORHOOD WORKS INC