COMMUNITY SOLUTIONS 519 ROCKAWAY AVENUE INC (EIN 464930572) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

JAMES DOYLE

Phone

6467974385

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY SOLUTIONS 519 ROCKAWAY AVENUE INC, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $295K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $589K exceeded revenue, resulting in a 100% operating deficit.

Mission

THE CORPORATION IS FORMED FOR THE PURPOSE OF ADDRESSING AND COMBATING THE PROBLEM OF HOMELESSNESS AMONG INDIVIDUALS AND FAMILIES THROUGHOUT THE UNITED STATES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $277,074

Investment Income $0

Other Revenue $17,802

TOTAL REVENUE $294,876

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $589,163

TOTAL EXPENSES $589,163

Year-over-Year Comparison

	2024	2023	Change
Revenue	$294,876	$836,983	-0.6%
Expenses	$589,163	$758,950	-0.2%
Net Income	$-294,287	$78,033	-4.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,071,268

Total Directors

$356,421

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABBY HAMLIN	BOARD MEMBER	5.00	Director	$0	$0	$0
BENJAMIN WISE	BOARD MEMBER	5.00	Director	$0	$0	$0
BROOKE DENIHAN BARRETT	BOARD MEMBER (OUTGOING)	5.00	Director	$0	$0	$0
DAVE A CHOKSHI	BOARD MEMBER	5.00	Director	$0	$0	$0
ERIC FORNELL	CHAIR	5.00	Officer Director	$0	$0	$0
LOLA ADEDOKUN	BOARD MEMBER (OUTGOING)	5.00	Director	$0	$0	$0
MOLLY TSCHANG	BOARD MEMBER	5.00	Director	$0	$0	$0
ROSANNE HAGGERTY	PRESIDENT/BOARD SECRETARY	40.00	Officer Director	$0	$25,387	$356,421
TIMOTHY MURPHY	BOARD MEMBER	5.00	Director	$0	$0	$0
ELIZABETH SANDOR	CHIEF PROGRAM OFFICER	40.00	Officer	$0	$38,607	$236,544
JAMES DOYLE	CHIEF FINANCIAL OFFICER	40.00	Officer	$0	$26,670	$251,707
PAULETTE MARTIN	COO	40.00	Officer	$0	$16,892	$226,596

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	$294,876	$589,163	$6,118,460	$-294,287
2023	$836,983	$758,950	$6,248,152	$78,033
2022	$296,761	$822,442	$6,498,446	$-525,681
2021	$285,634	$515,711	$5,887,166	$-230,077
2020	$184,729	$371,670	$5,953,940	$-186,941
2019	$269,838	$503,912	$6,519,928	$-234,074
2018	$628,148	$436,432	$6,489,402	$191,716

COMMUNITY SOLUTIONS 519 ROCKAWAY AVENUE INC