Broadway Street Supportive Housing Inc

EIN: 834656865

Lowell, MA

Total Revenue
$663,141
Total Expenses
$642,839
Total Assets
$3,568,169
Net Assets
$-225,904
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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
MA
Principal Officer
Glenn Goldman
Phone
9784590551
Tax Period
2024-07-01 to 2025-06-30

Broadway Street Supportive Housing Inc, founded in 2019, is a small nonprofit that reported $663K in total revenue in fiscal year 2024. Expenses of $643K left a modest 3% surplus.

Mission

To develop affordable housing for low and moderate income persons and families in Lowell, Massachusetts.

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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 $508,088
Program Service Revenue $149,699
Investment Income $4,795
Other Revenue $559
TOTAL REVENUE $663,141

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $569,317
Other Expenses $642,839
TOTAL EXPENSES $642,839

Year-over-Year Comparison

2024 2023 Change
Revenue $663,141 $620,681 +0.1%
Expenses $642,839 $637,308 +0.0%
Net Income $20,302 $-16,627 -2.2%
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
3

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Glenn Goldman President 1.00
Officer Director
$0 $0 $0
James Hogan Treasurer 1.00
Officer Director
$0 $0 $0
Germaine Vigeant-Trudel Clerk 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
2025 $663,141 $642,839 $3,568,169 $20,302
2024 $620,681 $637,308 $3,580,920 $-16,627
2023 $521,970 $714,536 $3,589,916 $-192,566
2022 $321,006 $358,019 $3,764,643 $-37,013
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