FUND FOR PUBLIC HOUSING INC (EIN 474915755) - 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

2016

Legal Domicile

Principal Officer

ALEX ZABLOCKI

Phone

2123068210

Tax Period

2024-01-01 to 2024-12-31

FUND FOR PUBLIC HOUSING INC, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $5.2M in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.4M, a strong 28% operating margin.

Mission

TO ENHANCE THE OPPORTUNITIES AND QUALITY OF LIFE FOR NEW YORK CITY HOUSING RESIDENTS.

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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 $4,890,954

Program Service Revenue $0

Investment Income $242,571

Other Revenue $24,710

TOTAL REVENUE $5,158,235

Expense Breakdown

Grants Paid $151,260

Salaries & Benefits $915,027

Fundraising Expenses $192,156

Program Expenses $2,870,537

Other Expenses $2,666,855

TOTAL EXPENSES $3,733,142

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,158,235	$7,509,669	-0.3%
Expenses	$3,733,142	$3,400,984	+0.1%
Net Income	$1,425,093	$4,108,685	-0.7%

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

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

$199,998

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANNE WILSON	CHAIR	1.00	Officer Director	$0	$0	$0
DIALLO POWELL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LIZ NEUMARK	SECRETARY	1.00	Officer Director	$0	$0	$0
UKAH BUSGITH	DIRECTOR	1.00	Director	$0	$0	$0
ROSINA ABRAMSON	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN BEANE	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE GOMEZ	DIRECTOR	1.00	Director	$0	$0	$0
JEFF LINDOR	DIRECTOR	1.00	Director	$0	$0	$0
REGGIE THOMAS	DIRECTOR THRU EARLY 24	1.00	Director	$0	$0	$0
ANNIE KOO	DIRECTOR	1.00	Director	$0	$0	$0
ANNIKA LESCOTT-MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER KAMINSKY	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA SHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
LISA BOVA-HIATT	DIRECTOR	1.00	Director	$0	$0	$0
SIDEYA SHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
JULIO E CORDOVA	DIRECTOR	1.00	Director	$0	$0	$0
KAREN BLONDEL	DIRECTOR	1.00	Director	$0	$0	$0
MARQUISE STILLWELL	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW CULLINEN	DIRECTOR	1.00	Director	$0	$0	$0
JONNEL DORIS	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN S CORNICK	DIRECTOR	1.00	Director	$0	$0	$0
ALEX ZABLOCKI	EXECUTIVE DIRECTOR	50.00	Officer	$199,998	$0	$199,998
CLAIRE MCLEVEIGHN	CHIEF STRATEGIC ENGAGEMENT OFFICER	50.00	Highest	$122,999	$0	$122,999

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	$5,158,235	$3,733,142	$10,831,607	$1,425,093
2023	$7,509,669	$3,400,984	$9,304,080	$4,108,685
2022	$4,687,120	$1,077,732	$4,832,331	$3,609,388
2021	$2,190,535	$2,063,337	$1,013,121	$127,198
2021	$2,190,535	$2,063,337	$1,013,121	$127,198
2020	$1,834,637	$802,247	$955,349	$1,032,390
2019	$661,751	$652,539	$733,376	$9,212
2019	$659,316	$563,150	$752,076	$96,166

FUND FOR PUBLIC HOUSING INC