DEROSE HDC INC (EIN 770197933) - 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

1998

Legal Domicile

Principal Officer

PRESTON PRINCE

Phone

4082758770

Tax Period

2023-01-01 to 2023-12-31

DEROSE HDC INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2023. The organization ran a surplus of $279K, a strong 17% operating margin.

Mission

THE ORGANIZATION OPERATED HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES.

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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 $0

Program Service Revenue $1,663,150

Investment Income $764

Other Revenue $0

TOTAL REVENUE $1,663,914

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,029,842

Other Expenses $1,385,378

TOTAL EXPENSES $1,385,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,663,914	$1,587,834	+0.0%
Expenses	$1,385,378	$1,368,916	+0.0%
Net Income	$278,536	$218,918	+0.3%

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

N/A

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

$1,572,100

Total Directors

$1,572,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRESTON PRINCE	PRESIDENT	1.00	Officer Director	$0	$66,209	$482,165
RUSSELL BRUNSON	VICE PRESIDENT/SECRETARY	1.00	Officer Director	$0	$16,541	$296,870
FLAHERTY WARD	VICE PRESIDENT/TREASURER	1.00	Officer Director	$0	$37,901	$299,918
ALELI SANGALANG	VICE PRESIDENT/TREASURER	1.00	Officer Director	$0	$27,877	$493,147

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	$1,663,914	$1,385,378	$5,831,936	$278,536
2022	$1,587,834	$1,368,916	$5,718,595	$218,918
2021	$1,505,911	$1,338,105	$5,546,444	$167,806
2020	$1,556,489	$1,150,780	$5,396,357	$405,709
2019	$1,346,508	$1,270,051	$5,176,326	$76,457
2018	$1,258,729	$1,253,490	$5,076,003	$5,239

DEROSE HDC INC