KADIMA NONPROFIT HOUSING CORPORATION (EIN 612020952) - 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

2022

Legal Domicile

Principal Officer

PAUL BLATT

Phone

2485595000

Tax Period

2024-07-01 to 2025-06-30

KADIMA NONPROFIT HOUSING CORPORATION, founded in 2022, is a small nonprofit in the Mental Health sector that reported $546K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $648K exceeded revenue, resulting in a 19% operating deficit.

Mission

PROVIDE RESIDENTIAL HOUSING AND RELATED SERVICES TO PEOPLE WITH MENTAL HEALTH CHALLENGES.

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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 $717

Program Service Revenue $515,570

Investment Income $29,864

Other Revenue $0

TOTAL REVENUE $546,151

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,229

Program Expenses $644,956

Other Expenses $647,583

TOTAL EXPENSES $647,583

Year-over-Year Comparison

	2024	2023	Change
Revenue	$546,151	$452,605	+0.2%
Expenses	$647,583	$823,399	-0.2%
Net Income	$-101,432	$-370,794	-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

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

$243,512

Total Directors

$243,512

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC ADELMAN	PRESIDENT	2.00	Officer Director	$0	$36,164	$243,512
JON MODIANO	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
EVAN J LEIBHAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DANI GILLMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
GAIL STEWART	TREASURER	1.00	Officer 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
2025	$546,151	$647,583	$5,224,744	$-101,432
2024	$452,605	$823,399	$5,292,761	$-370,794
2023	$534,690	$809,450	$5,664,919	$-274,760
2022	$359,140	$390,347	$5,939,219	$-31,207

KADIMA NONPROFIT HOUSING CORPORATION