CDCSB SUMNER BLOCK INC (EIN 931530511) - 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

2023

Legal Domicile

Principal Officer

JAMES HARWOOD

Phone

4135287788

Tax Period

2024-01-01 to 2024-12-31

CDCSB SUMNER BLOCK INC, founded in 2023, is a small nonprofit that reported $200K in total revenue in fiscal year 2024. Revenue surged 125% from the prior year, signaling strong growth momentum. Expenses of $222K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO ACQUIRE REAL PROPERTY, OBTAIN FINANCING, CONSTRUCT, OWN AND MANAGE MULTI-FAMILY HOUSING THAT IS PREDOMINANTLY RESTRICTED TO LOW AND MODERATE INCOME FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $136,970

Investment Income $0

Other Revenue $62,914

TOTAL REVENUE $199,884

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $201,607

Other Expenses $221,900

TOTAL EXPENSES $221,900

Year-over-Year Comparison

	2024	2023	Change
Revenue	$199,884	$88,800	+1.3%
Expenses	$221,900	$104,140	+1.1%
Net Income	$-22,016	$-15,340	+0.4%

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
JAMES HARWOOD	PRESIDENT	1.00	Officer Director	$0	$0	$0
CARA BECKER	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID THORNE	CLERK	1.00	Officer Director	$0	$0	$0
RICHARD STANLEY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ERIK BRUUN	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS DOYLE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL IGOE	DIRECTOR	1.00	Director	$0	$0	$0
ERIC AULICINO	DIRECTOR	1.00	Director	$0	$0	$0
DONNA NORMAN	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN HELFAND	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN HORAN	DIRECTOR	1.00	Director	$0	$0	$0
EUGENE CARR	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS IODICE	DIRECTOR	1.00	Director	$0	$0	$0
CAMERON VOLASTRO	DIRECTOR	1.00	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	$199,884	$221,900	$1,565,902	$-22,016
2023	$88,800	$104,140	$1,618,764	$-15,340

CDCSB SUMNER BLOCK INC