LEGACIES OF COOPER SQUARE UNIDOINC (EIN 873707550) - 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

2021

Legal Domicile

Principal Officer

IVETTE DE LA CRUZ

Tax Period

2023-01-01 to 2023-12-31

LEGACIES OF COOPER SQUARE UNIDOINC, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $827K in total revenue in fiscal year 2023. Expenses of $782K left a modest 5% surplus.

Mission

THE CORPORATION IS FORMED : (I) TO OPERATE AND MANAGE LOW-INCOME, COOPERATIVE AND RENTAL HOUSING ON THE LOWER EAST SIDE OF, NEW YORK CITY,; (II) TO PROVIDE DWELLING ACCOMMODATIONS IN SUCH PROJECT TO ELIGIBLE PERSONS AND FAMILIES OF LOW AND MODERATE INCOME; (III) TO DO AND PERFORM ALL ACTS NECESSARY TO ACCOMPLISH THE ABOVE-MENTIONED CORPORATE PURPOSES AND (VI) TO PERFORM THESE FUNCTIONS IN SUCH A WAY AS TO PRESERVE, SUPPORT AND UPLIFT THE INTER-GENERATION, DIVERSE AND VIBRANT COMMUNITY THAT LIVES IN SAID HOUSING UNDER PRACTICES THAT UPHOLD THE PRINCIPLES OF SOCIAL JUSTICE, PERMANENT AFFORDABILITY AND THE HISTORY OF OUR COMMUNITY.

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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 $0

Program Service Revenue $827,076

Investment Income $0

Other Revenue $0

TOTAL REVENUE $827,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $679,553

Fundraising Expenses $0

Program Expenses $737,040

Other Expenses $102,544

TOTAL EXPENSES $782,097

Year-over-Year Comparison

	2023	2022	Change
Revenue	$827,076	N/A	N/A
Expenses	$782,097	$18,082	+42.3%
Net Income	$44,979	$-18,082	-3.5%

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

$56,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID POWELL	EXECUTIVE DI	35.00	Officer	$50,628	$5,449	$56,077
IVETTE DE LA CRUZ	PRESIDENT	N/A	Officer Director	$0	$0	$0
JESSICA FIELDING	SECRETARY &	N/A	Officer Director	$0	$0	$0
JASMIN GOMEZ	VICE PRESIDE	N/A	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	$827,076	$782,097	$178,251	$44,979
2022	No data	$18,082	$31,918	No data

LEGACIES OF COOPER SQUARE UNIDOINC