NEIGHBORHOOD HOUSING SERVICES OF BROOKLYN CDC INC (EIN 471169779) - 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

2014

Legal Domicile

Principal Officer

SERGHIO ADAMS

Phone

7187328013

Tax Period

2024-01-01 to 2024-12-31

NEIGHBORHOOD HOUSING SERVICES OF BROOKLYN CDC INC, founded in 2014, is a community nonprofit in the Housing & Shelter sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $551K, a strong 15% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO CREATE, DEVELOP AND MAINTAIN PROGRAMS TO PROVIDE AFFORDABLE AND SAFE HOUSING AND COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,571,677

Program Service Revenue $57,416

Investment Income $31

Other Revenue $18,588

TOTAL REVENUE $3,647,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,973,990

Fundraising Expenses $82,984

Program Expenses $2,583,590

Other Expenses $1,066,855

TOTAL EXPENSES $3,096,492

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,647,712	$2,492,628	+0.5%
Expenses	$3,096,492	$2,219,014	+0.4%
Net Income	$551,220	$273,614	+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

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONYA ORES	EXECUTIVE DI	40.00	Highest	$326,974	$0	$326,974
SERGHIO ADAMS	PRESIDENT	2.00	Officer Director	$0	$0	$0
LOIS LOCKE	DIRECTOR	2.00	Officer Director	$0	$0	$0
ANDREA HODGE	DIRECTOR	2.00	Director	$0	$0	$0
JUNY FRANCOIS	DIRECTOR	2.00	Director	$0	$0	$0
RAUL VAN ROSSUM	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
R GARY CAMPBELL	TREASURER	2.00	Officer Director	$0	$0	$0
MARJORIE FAISON	DIRECTOR	2.00	Director	$0	$0	$0
YURY POLONSKY	DIRECTOR	2.00	Director	$0	$0	$0
LYNDREW NESMITH	DIRECTOR	2.00	Director	$0	$0	$0
CAROL RENEAU	SECRETARY	2.00	Director	$0	$0	$0
PATRICIA STRONG	DIRECTOR	2.00	Director	$0	$0	$0
RAVESH KUMAR	DIRECTOR	2.00	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	$3,647,712	$3,096,492	$4,965,993	$551,220
2023	$2,492,628	$2,219,014	$2,354,692	$273,614
2022	$2,733,752	$1,713,175	$2,059,374	$1,020,577
2021	$1,982,493	$1,748,614	$1,795,417	$233,879
2020	$1,559,590	$1,559,766	$711,334	$-176
2019	$1,627,626	$1,435,347	$520,621	$192,279

NEIGHBORHOOD HOUSING SERVICES OF BROOKLYN CDC INC