Homes Now Tudor Village Project Inc

EIN: 453684721 501(c)(3) Human Services

Brick, NJ

Total Revenue
$177,110
Total Expenses
$254,567
Total Assets
$1,905,491
Net Assets
$623,885
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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
2011
Legal Domicile
NJ
Principal Officer
CHRISTINE HOFMANN
Phone
7322957380
Tax Period
2024-01-01 to 2024-12-31

Homes Now Tudor Village Project Inc, founded in 2011, is a small nonprofit in the Human Services sector that reported $177K in total revenue in fiscal year 2024. Expenses of $255K exceeded revenue, resulting in a 44% operating deficit.

Mission

TUDOR VILLAGE PROJECT MISSION IS TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES TO THOSE WITH SPECIAL NEEDS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $76,346
Program Service Revenue $94,521
Investment Income $3,538
Other Revenue $2,705
TOTAL REVENUE $177,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $214,702
Other Expenses $254,567
TOTAL EXPENSES $254,567

Year-over-Year Comparison

2024 2023 Change
Revenue $177,110 $166,782 +0.1%
Expenses $254,567 $250,386 +0.0%
Net Income $-77,457 $-83,604 -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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
4
$175,099
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE HOFMANN EXECUTIVE DIRECTOR 1.0
Officer
$0 $0 $175,099
BETH MECKEL PRESIDENT/TREASURER - Trustee 5.0
Officer Director
$0 $0 $0
SHARON LABASH VICE PRESIDENT-TRUSTEE 5.0
Officer Director
$0 $0 $0
CHRISTINE MCBRIDE SECRETARY-TRUSTEE 5.0
Officer Director
$0 $0 $0
AUDRA BURGHARD TRUSTEE 1.0
Director
$0 $0 $0
STEVEN M GREEN TRUSTEE 1.0
Director
$0 $0 $0
JODI A QUERCIA TRUSTEE 1.0
Director
$0 $0 $0
MELISSA WEEKS TRUSTEE 1.0
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 $177,110 $254,567 $1,905,491 $-77,457
2023 $166,782 $250,386 $1,982,090 $-83,604
2022 $153,265 $270,218 $2,067,722 $-116,953
2021 $160,595 $267,874 $2,180,777 $-107,279
2020 $139,205 $197,806 $2,291,301 $-58,601
2019 $152,075 $233,074 $2,356,417 $-80,999
2018 $133,647 $197,830 $2,439,030 $-64,183
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