NEIGHBORHOOD INDUSTRIES (EIN 743252737) - 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

2008

Legal Domicile

Principal Officer

ANTHONY ARMOUR

Phone

5594980708

Tax Period

2023-01-01 to 2023-12-31

NEIGHBORHOOD INDUSTRIES, founded in 2008, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2023. Expenses of $3.8M exceeded revenue, resulting in a 30% operating deficit.

Mission

NEIGHBORHOOD INDUSTRIES SELLS AND RECYCLES USED GOODS IN ORDER TO PROVIDE WORK EXPERIENCE OPPORTUNITIES AND VOCATIONAL TRAINING TO THOSE WITH BARRIERS TO EMPLOYMENT WITHIN THEIR COMMUNITY AND CITY.

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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 $1,307,937

Program Service Revenue $1,599,352

Investment Income $10,273

Other Revenue $11,239

TOTAL REVENUE $2,928,801

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,189,121

Fundraising Expenses $0

Program Expenses $2,381,376

Other Expenses $1,618,907

TOTAL EXPENSES $3,808,028

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,928,801	$2,867,338	+0.0%
Expenses	$3,808,028	$2,762,722	+0.4%
Net Income	$-879,227	$104,616	-9.4%

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

106

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

Total Directors

Key Employees

$105,333

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY ARMOUR	CEO	40	Key Emp	$105,333	$0	$105,333
BRYAN FEIL	DIRECTOR	0	Director	$0	$0	$0
MARCEL WOODRUFF	DIRECTOR	0	Director	$0	$0	$0
ERIC SHA	DIRECTOR	0	Director	$0	$0	$0
MICHELLE WONG	DIRECTOR	0	Director	$0	$0	$0
DESEREE CORONADO	SECRETARY	0	Officer	$0	$0	$0
JAKE SOBERAL	CHAIRMAN OF THE BOARD	0	Officer	$0	$0	$0
ANGELA CORDONA	TREASURER	0	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	$2,928,801	$3,808,028	$3,038,987	$-879,227
2022	$2,867,338	$2,762,722	$5,124,367	$104,616
2021	$2,277,011	$1,823,620	$1,638,421	$453,391
2021	$2,277,011	$1,823,620	$1,638,421	$453,391
2020	$1,677,655	$1,619,524	$490,809	$58,131
2019	$1,254,938	$1,283,313	$273,019	$-28,375
2018	$1,200,828	$1,231,316	$256,676	$-30,488

NEIGHBORHOOD INDUSTRIES