SPRINGFIELD, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)1780 HCHQ INC, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $628K in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 87% operating deficit.
1780 HCHQ, INC. (THE "CORPORATION") IS FORMED TO: (I) RAISE FUNDS AND SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF WAY FINDERS, INC. ("WAY FINDERS") SO LONG AS WAY FINDERS CONTINUES TO BE ORGANIZED AND OPERATING FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE; (II) ENGAGE IN ACTIVITIES AND PERFORM FUNCTIONS THAT WAY FINDERS WOULD OTHERWISE HAVE TO PERFORM; (III) OWN, LEASE AND MAINTAIN THE SITE OR SITES AT WHICH WAY FINDERS IS LOCATED; (IV) OTHERWISE BENEFIT, THROUGH THE PROVISION OF FINANCIAL SUPPORT AND SERVICES, WAY FINDERS ; AND (V) ENGAGE IN ANY LAWFUL ACT OR ACTIVITY IN FURTHERANCE OF THE FOREGOING, PROVIDED SUCH ACTIVITIES ARE NOT IN VIOLATION, OR INCONSISTENT WITH,THE CORPORATION'S STATUS AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $627,679 | $627,918 | 0.0% |
| Expenses | $1,175,337 | $538,695 | +1.2% |
| Net Income | $-547,658 | $89,223 | -7.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM BREITBART | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLENN WELCH | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAUREEN BORGATTI | CLERK | 1.00 |
Officer
Director
|
$0 | $18,373 | $186,292 |
| PASCALE DESIR | ASSISTANT CLERK | 1.00 |
Officer
Director
|
$0 | $10,757 | $174,335 |
| ELLEN FREYMAN | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MEGAN TALBERT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $627,679 | $1,175,337 | $14,165,631 | $-547,658 |
| 2024 | $627,918 | $538,695 | $14,719,686 | $89,223 |
| 2023 | $626,913 | $537,720 | $14,740,522 | $89,193 |
| 2022 | $626,699 | $536,660 | $14,592,530 | $90,039 |
| 2021 | $629,792 | $535,654 | $14,480,367 | $94,138 |
| 2020 | $95,320 | $180,404 | $15,425,758 | $-85,084 |
| 2019 | $481,138 | $5,071 | $16,104,382 | $476,067 |
| 2018 | No data | No data | $3,353,966 | No data |
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