NONPROFIT MORTGAGE

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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

2019

Legal Domicile

Principal Officer

Ronald Welbaum

Phone

6124087777

Tax Period

2025-01-01 to 2025-12-31

NONPROFIT MORTGAGE, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $193K in total revenue in fiscal year 2025. Revenue fell 51% from the prior year — a significant decline worth monitoring.

Mission

Nonprofit Mortgage provides down payment assistance funds to underserved and disadvantaged customers.

Program Service Accomplishments

Program 1

Expenses: $185,220 Revenue: $193,218

Nonprofit Mortgage provides down payment assistance funds to underserved and disadvantaged customers.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $193,218

Investment Income $98

Other Revenue $0

TOTAL REVENUE $193,316

Expense Breakdown

Grants Paid $4,100

Salaries & Benefits $144,263

Fundraising Expenses $0

Program Expenses $185,220

Other Expenses $63,527

TOTAL EXPENSES $211,890

Year-over-Year Comparison

	2025	2024	Change
Revenue	$193,316	$396,981	-0.5%
Expenses	$211,890	$379,013	-0.4%
Net Income	$-18,574	$17,968	-2.0%

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

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
Ronald Welbaum	President	40	Officer Director	$0	$0	$0
Tina Martini	Sectretary	1	Officer Director	$0	$0	$0
Geeta Chopra	Treasurer	1	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
2025	$193,316	$211,890	$100,638	$-18,574
2024	$396,981	$379,013	$119,212	$17,968
2023	$358,781	$359,392	$141,244	$-611
2022	$315,177	$282,919	$287,940	$32,258
2021	$201,222	$170,174	$113,237	$31,048