1415 WYTHE HOUSING DEVELOPMENT FUND CORP (EIN 841971137) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

KRISTEN ANDREAZZA

Phone

2122656530

Tax Period

2023-01-01 to 2023-12-31

1415 WYTHE HOUSING DEVELOPMENT FUND CORP, founded in 2019, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $6.8M exceeded revenue, resulting in a 222% operating deficit.

Mission

PROVIDE SERVICES YEAR ROUND TO INDIVIDUALS IN THE MT. EDEN NEIGHBORHOOD AND THE TENANTS OF 1415-1417 WALTON AVE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,098,047

Investment Income $68

Other Revenue $21,162

TOTAL REVENUE $2,119,277

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,718,862

Other Expenses $6,824,144

TOTAL EXPENSES $6,824,144

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,119,277	$1,306,543	+0.6%
Expenses	$6,824,144	$3,387,609	+1.0%
Net Income	$-4,704,867	$-2,081,066	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$671,959

Total Directors

$671,959

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXA SEWELL	PRESIDENT	0.25	Officer Director	$0	$38,386	$328,408
FAZEELA SIDDIQUI	VICE PRESIDENT	0.25	Officer Director	$0	$27,311	$134,355
JACQUELINE TOM	SECRETARY/TREASURER	0.25	Officer Director	$0	$16,579	$209,196

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	$2,119,277	$6,824,144	$68,829,722	$-4,704,867
2022	$1,306,543	$3,387,609	$49,572,069	$-2,081,066
2021	$899,554	$1,176,147	$10,674,731	$-276,593
2020	$920,895	$1,314,548	$10,634,957	$-393,653
2019	$539,906	$236,449	$9,652,064	$303,457

1415 WYTHE HOUSING DEVELOPMENT FUND CORP