B'NAI B'RITH APARTMENT OF DEERFIEL… - Form 990 Financial Data

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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

1996

Legal Domicile

Principal Officer

DENNIS RICE

Phone

9544265577

Tax Period

2023-01-01 to 2023-12-31

B'NAI B'RITH APARTMENT OF DEERFIELD BEACH II INC, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED.

Program Service Accomplishments

Program 1

Expenses: $1,034,255 Revenue: $236,212

OPERATION OF AN 83 UNIT APARTMENT COMPLEX FOR THE ELDERLY AND HANDICAPPED WHICH IS REGULATED AND ASSISTED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 $784,311

Program Service Revenue $236,212

Investment Income $3,128

Other Revenue $0

TOTAL REVENUE $1,023,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $249,313

Fundraising Expenses $0

Program Expenses $1,034,255

Other Expenses $892,800

TOTAL EXPENSES $1,142,113

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,023,651	$905,687	+0.1%
Expenses	$1,142,113	$977,420	+0.2%
Net Income	$-118,462	$-71,733	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STANLEY BERMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT KNAPP ESQUIRE	BOARD MEMBER	1.00	Director	$0	$0	$0
MONA MORRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ARTHUR YEVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ARLENE COHEN	SECRETARY	1.00	Officer	$0	$0	$0
DR ALLAN LAND	VICE PRESIDE	1.00	Officer	$0	$0	$0
DENNIS RICE	PRESIDENT	1.00	Officer	$0	$0	$0
STEPHEN E ROSE	TREASURER	1.00	Officer	$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	$1,023,651	$1,142,113	$2,121,888	$-118,462
2022	$905,687	$977,420	$2,240,243	$-71,733
2021	$889,986	$974,610	$2,312,659	$-84,624
2020	$755,717	$865,931	$2,379,052	$-110,214
2019	$750,939	$834,371	$2,495,023	$-83,432
2018	$727,438	$829,839	$2,575,648	$-102,401

B'NAI B'RITH APARTMENT OF DEERFIELD BEACH II INC