Neighborhood Housing Services of Queens CDC Inc (EIN 471267077) - 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

Kara Manners

Phone

7184571017

Tax Period

2023-01-01 to 2023-12-31

Neighborhood Housing Services of Queens CDC Inc, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $830K, a strong 36% operating margin.

Mission

The organization's mission is to create, develop and maintain programs designed to provide affordable, decent 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 (2023)

Revenue Breakdown

Contributions & Grants $1,947,217

Program Service Revenue $455,739

Investment Income $207

Other Revenue $-82,009

TOTAL REVENUE $2,321,154

Expense Breakdown

Grants Paid $138,994

Salaries & Benefits $778,597

Fundraising Expenses $35,258

Program Expenses $1,280,871

Other Expenses $573,905

TOTAL EXPENSES $1,491,496

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,321,154	$1,502,525	+0.5%
Expenses	$1,491,496	$1,407,235	+0.1%
Net Income	$829,658	$95,290	+7.7%

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

$142,291

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kara Pacheco	President and Board Member	1.00	Officer Director	$0	$0	$0
Maria Fierro	Vice President and Board M	1.00	Officer Director	$0	$0	$0
Shanel Thomas-Henry	Treasurer and Board Member	1.00	Officer Director	$0	$0	$0
Edward Butts	Secretary and Board Member	1.00	Officer Director	$0	$0	$0
Muhammad Faridi	Board Member	1.00	Director	$0	$0	$0
Larry Galleyos	Board Member	1.00	Director	$0	$0	$0
Frank Grippi	Board Member	1.00	Director	$0	$0	$0
Oswaldo Guzman	Board Member	1.00	Director	$0	$0	$0
Ryan Walsh	Board Member	1.00	Director	$0	$0	$0
Frank Leon	Board Member	1.00	Director	$0	$0	$0
Runnie Menshe	Board Member	1.00	Director	$0	$0	$0
Carlos Norena	Board Member	1.00	Director	$0	$0	$0
Yoselin Geneo Estrella	Executive Director	40.00	Officer	$142,291	$0	$142,291

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	$2,321,154	$1,491,496	$2,176,666	$829,658
2022	$1,502,525	$1,407,235	$709,247	$95,290
2021	$1,308,320	$1,166,033	$636,686	$142,287
2020	$1,147,340	$1,088,034	$458,809	$59,306
2019	$1,008,234	$972,529	$417,088	$35,705

Neighborhood Housing Services of Queens CDC Inc