GRADUATE CENTER FOUNDATION HOUSING CORPORATION LIC

EIN: 461461744 501(c)(3) Education

NEW YORK, NY

Total Revenue
$4,248
Total Expenses
$992,473
Total Assets
$11,732,674
Net Assets
$385,032
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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
BRIAN A PETERSON
Phone
2128177660
Tax Period
2024-07-01 to 2025-06-30

GRADUATE CENTER FOUNDATION HOUSING CORPORATION LIC, founded in 2012, is a micro nonprofit in the Education sector that reported $4K in total revenue in fiscal year 2024. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $992K exceeded revenue, resulting in a 23263% operating deficit.

Mission

THE GRADUATE CENTER FOUNDATION HOUSING CORPORATION LIC WAS FORMED TO FOSTER AND ENABLE THE ACHIEVEMENT AND FULFILLMENT OF THE EDUCATIONAL GOALS OF STUDENTS ENROLLED AT THE GRADUATE SCHOOL AND UNIVERSITY CENTER, CUNY, BY CREATING AFFORDABLE HOUSING FOR THE USE OF SUCH GRADUATE STUDENTS AND THEIR FAMILIES WHILE THESE STUDENTS COMPLETE THEIR STUDIES.

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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 $0
Investment Income $4,248
Other Revenue $0
TOTAL REVENUE $4,248

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $992,473
TOTAL EXPENSES $992,473

Year-over-Year Comparison

2024 2023 Change
Revenue $4,248 $2,124 +1.0%
Expenses $992,473 $1,100,905 -0.1%
Net Income $-988,225 $-1,098,781 -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
3
Independent Members
3
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
3
$340,670
Total Directors
3
$340,670
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER DARROW PRESIDENT/TREASURER 5.00
Officer Director
$0 $0 $0
MYRON GLUCKSMAN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
BRIAN PETERSON SECRETARY 1.00
Officer Director
$0 $54,353 $340,670
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 $4,248 $992,473 $11,732,674 $-988,225
2024 $2,124 $1,100,905 $11,285,499 $-1,098,781
2023 $6,406 $405,430 $11,421,266 $-399,024
2022 $-529 $259,125 $29,548,229 $-259,654
2021 $26,515 $293,562 $29,158,030 $-267,047
2020 $61,600 $45,275 $29,284,383 $16,325
2019 $47,053 $20,095 $29,083,430 $26,958
2018 $36,879 $25,172 $29,048,332 $11,707
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