SOUTH BROOKLYN RENEWAL HDFC

EIN: 454311936 501(c)(3) Housing & Shelter

BROOKLYN, NY

Total Revenue
$314,353
Total Expenses
$462,132
Total Assets
$2,209,914
Net Assets
$-521,304
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
BENJAMIN FULLER-GOOGINS
Phone
7182439301
Tax Period
2024-07-01 to 2025-06-30

SOUTH BROOKLYN RENEWAL HDFC, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $314K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $462K exceeded revenue, resulting in a 47% operating deficit.

Mission

THE SOUTH BROOKLYN RENEWAL HDFC IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF OWNING, CONSTRUCTING, REHABILITATING, LEASING, MANAGING, EQUIPPING, MAINTAINING, DEVELOPING, AND OPERATING A HOUSING PROJECT FOR PERSONS OF LOW-INCOME WITHIN THE MEANING OF ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW.

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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 $0
Program Service Revenue $269,810
Investment Income $0
Other Revenue $44,543
TOTAL REVENUE $314,353

Expense Breakdown

Grants Paid $0
Salaries & Benefits $169,346
Fundraising Expenses $0
Program Expenses $380,525
Other Expenses $292,786
TOTAL EXPENSES $462,132

Year-over-Year Comparison

2024 2023 Change
Revenue $314,353 $396,497 -0.2%
Expenses $462,132 $466,594 0.0%
Net Income $-147,779 $-70,097 +1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
9
Volunteers
3

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN FULLER-GOOGINS EXECUTIVE DI 1.00
Officer
$0 $0 $0
CYNTHIA GONZALEZ PRESIDENT 1.00
Officer Director
$0 $0 $0
BENJAMIN M LEVINE VICE PRESIDE 1.00
Officer Director
$0 $0 $0
GEORGE FIALA TREASURER 1.00
Officer 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
2025 $314,353 $462,132 $2,209,914 $-147,779
2024 $396,497 $466,594 $2,573,933 $-70,097
2023 $322,522 $378,483 $2,463,769 $-55,961
2022 $434,917 $426,450 $2,539,764 $8,467
2022 $434,917 $412,217 $2,539,764 $22,700
2021 $345,497 $441,417 $2,558,582 $-95,920
2020 $319,227 $439,011 $2,587,183 $-119,784
2019 $294,601 $383,412 $2,723,468 $-88,811
2018 $343,410 $412,524 $2,718,557 $-69,114
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