ST JOHN'S HOUSING DEVELOPMENT FUND CORP (EIN 900732459) - 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

2011

Legal Domicile

Principal Officer

VAL HENRY

Phone

2126655500

Tax Period

2023-01-01 to 2023-12-31

ST JOHN'S HOUSING DEVELOPMENT FUND CORP, founded in 2011, is a small nonprofit in the Crime & Legal sector that reported $827K in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 48% operating deficit.

Mission

ORGANIZATION PROVIDES LOW INCOME AFFORDABLE HOUSING TO FAMILIES IN BRROKLYN, NY.

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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 $811,970

Investment Income $14,230

Other Revenue $1,057

TOTAL REVENUE $827,257

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,191

Fundraising Expenses $0

Program Expenses $1,069,741

Other Expenses $1,087,949

TOTAL EXPENSES $1,227,140

Year-over-Year Comparison

	2023	2022	Change
Revenue	$827,257	$792,696	+0.0%
Expenses	$1,227,140	$1,103,200	+0.1%
Net Income	$-399,883	$-310,504	+0.3%

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

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

$190,738

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VAL HENRY	EXECUTIVE DI	1.00	Officer	$0	$7,170	$190,738
CHARLES THOMAS	CHAIRMAN	0.25	Officer Director	$0	$0	$0
ALECIA D MASON	VICE CHAIRMA	0.25	Officer Director	$0	$0	$0
CORY SARGEANT	TREASURER PR	0.25	Officer Director	$0	$0	$0
MICHAEL BAILEY ESQ	MEMBER	0.25	Director	$0	$0	$0
STEVE CROMITY	MEMBER	0.25	Director	$0	$0	$0
C ALLYSON FRANKLIN ESQ	MEMBER	0.25	Director	$0	$0	$0
SONIA CLARKE	MEMBER	0.25	Director	$0	$0	$0
MILDRED SMITH	MEMBER	0.25	Director	$0	$0	$0
VICTORIA POWE-BITTLE	MEMBER	0.25	Director	$0	$0	$0
VON JOSEPH	MEMBER	0.25	Director	$0	$0	$0
KENNETH LAIDLOW	MEMBER	0.25	Director	$0	$0	$0
KENNETH L PYLE SR	MEMBER	0.25	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	$827,257	$1,227,140	$4,830,904	$-399,883
2022	$792,696	$1,103,200	$5,097,318	$-310,504
2021	$813,935	$1,165,975	$5,342,008	$-352,040
2020	$836,323	$1,040,274	$5,487,974	$-203,951
2019	$868,916	$821,588	$6,379,905	$47,328
2019	$882,576	$1,078,333	$5,637,271	$-195,757
2018	$838,537	$805,719	$6,318,425	$32,818

ST JOHN'S HOUSING DEVELOPMENT FUND CORP