MHANY MANAGEMENT INC (EIN 721303737) - 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

1995

Legal Domicile

Principal Officer

ISMENE SPELIOTIS

Phone

7182468080

Tax Period

2023-01-01 to 2023-12-31

MHANY MANAGEMENT INC, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $5.4M in total revenue in fiscal year 2023. Expenses of $7.0M exceeded revenue, resulting in a 30% operating deficit.

Mission

PROVISION OF RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED OF PUBLIC GOOD TO LESSEN NEIGHBORHOOD TENSIONS, DETERIORATION AND PREJUDICE.

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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 $1,190,510

Program Service Revenue $4,100,165

Investment Income $42,975

Other Revenue $24,024

TOTAL REVENUE $5,357,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,832,802

Fundraising Expenses $0

Program Expenses $6,840,602

Other Expenses $2,126,850

TOTAL EXPENSES $6,959,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,357,674	$5,058,922	+0.1%
Expenses	$6,959,652	$5,265,168	+0.3%
Net Income	$-1,601,978	$-206,246	+6.8%

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

$135,301

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERTHA LEWIS	MEMBER	1.00	Director	$0	$0	$0
CARMEN DE RIEL	MEMBER	1.00	Director	$0	$0	$0
DEREK OWENS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNY PACHECO	TREASURER	1.00	Officer Director	$0	$0	$0
LORNA BLAKE	MEMBER	1.00	Director	$0	$0	$0
MARTA TEJEDA	MEMBER	1.00	Director	$0	$0	$0
NATALIE BROWN	SECRETARY	1.00	Officer Director	$0	$0	$0
ROLANDO PERDOMO	MEMBER	1.00	Director	$0	$0	$0
VAUGHN ARMOR	MEMBER	1.00	Director	$0	$0	$0
ISMENE SPELIOTIS	EXECUTIVE DIRECTOR	40.00	Officer	$106,037	$14,264	$120,301
MANDING S DARBOE	FINANCE DIRECTOR	40.00	Officer	$15,000	$0	$15,000

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	$5,357,674	$6,959,652	$52,292,514	$-1,601,978
2023	$9,526,509	$7,742,432	$58,890,132	$1,784,077
2022	$5,058,922	$5,265,168	$37,929,584	$-206,246
2021	$6,948,578	$5,381,027	$37,882,960	$1,567,551
2020	$7,083,446	$4,267,844	$39,432,755	$2,815,602
2019	$3,849,830	$3,505,191	$28,796,594	$344,639

MHANY MANAGEMENT INC