301 HOUSING DEVELOPMENT FUND CORPORATION (EIN 462592248) - 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

2013

Legal Domicile

Principal Officer

KRISTEN ANDREAZZA

Phone

2122656530

Tax Period

2023-01-01 to 2023-12-31

301 HOUSING DEVELOPMENT FUND CORPORATION, founded in 2013, is a small nonprofit in the Crime & Legal sector that reported $239K in total revenue in fiscal year 2023. Expenses of $342K exceeded revenue, resulting in a 43% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES IN NEW YORK CITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $238,401

Investment Income $0

Other Revenue $664

TOTAL REVENUE $239,065

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $330,838

Other Expenses $341,823

TOTAL EXPENSES $341,823

Year-over-Year Comparison

	2023	2022	Change
Revenue	$239,065	$242,236	0.0%
Expenses	$341,823	$294,772	+0.2%
Net Income	$-102,758	$-52,536	+1.0%

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

N/A

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

$671,959

Total Directors

$671,959

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXA SEWELL	PRESIDENT	0.25	Officer Director	$0	$38,386	$328,408
FAZEELA SIDDIQUI	VICE PRESIDENT	0.25	Officer Director	$0	$27,311	$134,355
JACQUELINE TOM	SECRETARY/TREASURER	0.25	Officer Director	$0	$16,579	$209,196

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	No data	No data	No data	No data
2023	$239,065	$341,823	$96,288	$-102,758
2022	$242,236	$294,772	$106,469	$-52,536
2021	$240,681	$203,159	$149,653	$37,522
2020	$244,766	$193,950	$114,121	$50,816
2019	$219,986	$133,698	$101,851	$86,288
2018	$206,713	$226,375	$67,418	$-19,662

301 HOUSING DEVELOPMENT FUND CORPORATION