THE 1625 MASSACHUSETTS AVE NW CORP (EIN 520946056) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

JASON AMBROSI

Phone

7036894170

Tax Period

2024-01-01 to 2024-12-31

THE 1625 MASSACHUSETTS AVE NW CORP, founded in 1970, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2018. Expenses of $1.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDE OFFICE SPACE TO A RELATED TAX-EXEMPT ORGANIZATION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $341,670

Investment Income $-2,579,874

Other Revenue $0

TOTAL REVENUE $-2,238,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $688,766

TOTAL EXPENSES $688,766

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-2,238,204	$350,004	-7.4%
Expenses	$688,766	$873,346	-0.2%
Net Income	$-2,926,970	$-523,342	+4.6%

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

N/A

Employees

N/A

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

$2,690,083

Total Directors

$1,855,495

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON AMBROSI	PRESIDENT/DIRECTOR	5.0	Officer Director	$0	$321,206	$1,291,094
DAVID KRIEGER	GENERAL MANAGER	5.0	Officer	$0	$171,942	$834,588
WENDY MORSE	VICE PRESIDENT/DIRECTOR	5.0	Officer Director	$0	$0	$209,659
WES CLAPPER	TREASURER/DIRECTOR	5.0	Officer Director	$0	$0	$204,609
SEAN CREED	SECRETARY/DIRECTORY	5.0	Officer Director	$0	$0	$150,133

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	$-2,238,204	$688,766	$1,598,468	$-2,926,970
2023	$350,004	$873,346	$4,463,220	$-523,342
2023	$350,004	$873,346	$4,463,220	$-523,342
2022	$348,837	$984,946	$4,936,932	$-636,109
2021	$350,004	$1,238,862	$5,688,728	$-888,858
2020	$363,501	$1,358,955	$6,794,253	$-995,454
2019	$1,136,685	$1,773,419	$8,016,763	$-636,734
2018	$1,698,600	$1,887,750	$8,877,492	$-189,150

THE 1625 MASSACHUSETTS AVE NW CORP