NUESTRA DEVELOPMENT FUND INC

EIN: 752994759 501(c)(3) Unknown

ROXBURY, MA

Total Revenue
$5,513
Total Expenses
$40,035
Total Assets
$1,141,498
Net Assets
$70,199
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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
2000
Legal Domicile
MA
Principal Officer
EVELYN FRIEDMAN
Phone
6174273599
Tax Period
2024-01-01 to 2024-12-31

NUESTRA DEVELOPMENT FUND INC, founded in 2000, is a micro nonprofit in the Unknown sector that reported $6K in total revenue in fiscal year 2024. Revenue surged 877% from the prior year, signaling strong growth momentum. Expenses of $40K exceeded revenue, resulting in a 626% operating deficit.

Mission

TO MAKE LOANS TO QUALIFYING LOW INCOME INDIVIDUALS FOR AFFORDABLE HOUSING AND TO FUND ACQUISITION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $5,513
Other Revenue $0
TOTAL REVENUE $5,513

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $40,035
Other Expenses $40,035
TOTAL EXPENSES $40,035

Year-over-Year Comparison

2024 2023 Change
Revenue $5,513 $564 +8.8%
Expenses $40,035 $116,145 -0.7%
Net Income $-34,522 $-115,581 -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

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Governance

Voting Members
3
Independent Members
3
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
3
$50,879
Total Directors
3
$50,879
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVELYN FRIEDMAN PRESIDENT 1.00
Officer Director
$0 $5,247 $50,879
DONNA CRAMER TRESURER & ASST SECRETARY 1.00
Officer Director
$0 $0 $0
ALFONSO SIRA SECRETARY 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
2024 $5,513 $40,035 $1,141,498 $-34,522
2023 $564 $116,145 $1,055,470 $-115,581
2022 No data No data $1,171,051 No data
2021 $32,487 No data $1,171,051 No data
2020 $5,262 $415,135 $1,139,980 $-409,873
2019 $99,787 No data $1,287,823 No data
2018 $104,897 $11,348 $1,188,036 $93,549
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