CLT Interboro CLT Housing Development Fund Corporation (EIN 824363742) - 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

2018

Legal Domicile

Principal Officer

Christie Peale

Phone

6462375920

Tax Period

2023-01-01 to 2023-12-31

CLT Interboro CLT Housing Development Fund Corporation, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $162K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $244K exceeded revenue, resulting in a 51% operating deficit.

Mission

The Corporation is formed exclusively for the purpose of developing and supporting one or more housing projects to service Persons of Low Income, through its ownership and stewardship of the land beneath rental subprojects and homeownership subprojects.

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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 $160,850

Program Service Revenue $0

Investment Income $0

Other Revenue $960

TOTAL REVENUE $161,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $157,533

Other Expenses $244,409

TOTAL EXPENSES $244,409

Year-over-Year Comparison

	2023	2022	Change
Revenue	$161,810	$311,735	-0.5%
Expenses	$244,409	$311,658	-0.2%
Net Income	$-82,599	$77	-1073.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christie Peale	Board Chair	3.00	Officer Director	$0	$0	$0
Matthew Dunbar	Vice Chair	1.00	Officer Director	$0	$0	$0
Margy Brown	Treasurer	1.00	Officer Director	$0	$0	$0
Ismene Speliotis	Secretary	2.00	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	No data	No data	No data	No data
2023	$161,810	$244,409	$1,372,609	$-82,599
2022	$311,735	$311,658	$1,382,252	$77
2021	No data	$165,472	$1,632,696	No data
2020	$1,115,000	$386,485	$1,785,628	$728,515
2019	$200,000	$369,248	$1,098,298	$-169,248
2018	$1,724,762	$524,401	$1,200,361	$1,200,361

CLT Interboro CLT Housing Development Fund Corporation