SPBC FEDERATION HOUSING INC (EIN 650638737) - 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

1996

Legal Domicile

Principal Officer

MEL LOWELL

Phone

5618523100

Tax Period

2021-09-01 to 2021-12-15

SPBC FEDERATION HOUSING INC, founded in 1996, is a micro nonprofit that reported $449 in total revenue in fiscal year 2021. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $74K exceeded revenue, resulting in a 16344% operating deficit.

Mission

TO PROVIDE RENTAL HOUSING FOR THE ELDERLY, INCLUDING FACILITIES AND SERVICES DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE ELDERLY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $449

Investment Income $0

Other Revenue $0

TOTAL REVENUE $449

Expense Breakdown

Grants Paid $71,854

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $73,015

Other Expenses $1,980

TOTAL EXPENSES $73,834

Year-over-Year Comparison

	2021	2020	Change
Revenue	$449	$3,983,703	-1.0%
Expenses	$73,834	$957,605	-0.9%
Net Income	$-73,385	$3,026,098	-1.0%

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
WESLEY FINCH	PRESIDENT/DIRECTOR	0.00	Officer Director	$0	$0	$0
MEL LOWELL	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
BARRY PODOLSKY	VICE PRESIDENT/DIRECTOR	0.00	Director	$0	$0	$0
DAVID GALPERN	DIRECTOR	0.00	Director	$0	$0	$0
MATTHEW C LEVIN	DIRECTOR	1.00	Director	$0	$0	$0
STEWART KASEN	SECRETARY/DIRECTOR	0.00	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
2021	$3,983,703	$957,605	$101,222	$3,026,098
2021	$449	$73,834	No data	$-73,385
2020	$808,576	$931,657	$4,290,919	$-123,081
2019	$808,734	$907,978	$4,360,557	$-99,244

SPBC FEDERATION HOUSING INC