NGIP Inc (EIN 472868772) - 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

2015

Legal Domicile

Principal Officer

Steven Pecorini

Phone

5165644764

Tax Period

2023-01-01 to 2023-12-31

NGIP Inc, founded in 2015, is a micro nonprofit in the Housing & Shelter sector that reported $55K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $68K exceeded revenue, resulting in a 23% operating deficit.

Mission

To provide affordable, safe housing for struggling individuals and families facing homelessness to help break the cycle of homelessness and poverty, so individuals and families can improve their lives to afford stable, permanent housing in the future.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $11,300

Program Service Revenue $43,891

Investment Income $1

Other Revenue $0

TOTAL REVENUE $55,192

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,569

Other Expenses $68,132

TOTAL EXPENSES $68,132

Year-over-Year Comparison

	2023	2022	Change
Revenue	$55,192	$47,879	+0.2%
Expenses	$68,132	$69,595	0.0%
Net Income	$-12,940	$-21,716	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James A Cowan	Board Member	5.00	Director	$0	$0	$0
Robert J Fusaro	Board Member	5.00	Director	$0	$0	$0
Thomas M Lamberti	Board Member	5.00	Director	$0	$0	$0
Fran Nuchims	Secretary	5.00	Officer Director	$0	$0	$0
Jeffrey Schwartzberg	Board Member	5.00	Director	$0	$0	$0
Michael A Sciara	Board Member	5.00	Director	$0	$0	$0
John Stype	Board Member	5.00	Director	$0	$0	$0
Steven Pecorini	President	5.00	Officer Director	$0	$0	$0
Terrence F Baydala	Vice President	5.00	Officer Director	$0	$0	$0
Steven I Siegel	Treasurer	5.00	Officer Director	$0	$0	$0
Edward F McDougal Jr	Board Member	5.00	Director	$0	$0	$0
Chris Albanese	Board Member	5.00	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	No data	No data	No data	No data
2023	$55,192	$68,132	$651,464	$-12,940
2022	$47,879	$69,595	$679,982	$-21,716
2021	$45,489	$52,690	$694,703	$-7,201
2020	$40,055	$53,859	$708,044	$-13,804
2019	$32,324	$39,398	$727,474	$-7,074
2018	$16,955	$33,729	$743,031	$-16,774

NGIP Inc