DISTRICT 15 IAM BUILDING CORPORATION (EIN 900406580) - 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

2008

Legal Domicile

Principal Officer

DOMINICK TAIBBI

Phone

5165938710

Tax Period

2020-01-01 to 2020-12-31

DISTRICT 15 IAM BUILDING CORPORATION, founded in 2008, is a micro nonprofit that reported $2K in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $24K exceeded revenue, resulting in a 1219% operating deficit.

Mission

OWNED AND OPERATED THE PROPERTY KNOWN AND DESIGNATED AS 652 FOURTH AVENUE, BROOKLYN, NEW YORK

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $1,788

TOTAL REVENUE $1,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $23,591

TOTAL EXPENSES $23,591

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,788	$1,191,969	-1.0%
Expenses	$23,591	$308,132	-0.9%
Net Income	$-21,803	$883,837	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM SENFF	BOARD MEMBER	2.00	Director	$0	$0	$0
DOMINIC TAIBBI	PRESIDENT	2.00	Officer	$0	$0	$0
NORMAN SHREVE	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ROBERT MOTISI	TREASURER	2.00	Officer	$0	$0	$0
J STEPHEN MCLOUGHLIN	SECRETARY	2.00	Officer	$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
2020	$1,788	$23,591	No data	$-21,803
2019	$1,191,969	$308,132	$1,427,283	$883,837
2018	$100,929	$109,070	$1,068,110	$-8,141

DISTRICT 15 IAM BUILDING CORPORATION