NEIGHBORHOOD HOUSING RENEWAL CORP IV (EIN 943127063) - 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

1990

Legal Domicile

Principal Officer

LAMAR HEYSTEK

Phone

4159285910

Tax Period

2023-01-01 to 2023-12-31

NEIGHBORHOOD HOUSING RENEWAL CORP IV, founded in 1990, is a micro nonprofit in the Youth Development sector that reported $99K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $157K exceeded revenue, resulting in a 59% operating deficit.

Mission

OPERATE A HOUSING PROJECT FOR LOW-INCOME HOUSEHOLDS.

🔒

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 $98,721

Investment Income $431

Other Revenue $0

TOTAL REVENUE $99,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $143,379

Other Expenses $157,259

TOTAL EXPENSES $157,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$99,152	$146,468	-0.3%
Expenses	$157,259	$170,133	-0.1%
Net Income	$-58,107	$-23,665	+1.5%

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

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

$195,776

Total Directors

$195,776

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LAMAR HEYSTEK	SECRETARY, TREASURER	Officer Director	$0	$26,376	$195,776
FRANK FUNG	CHAIRMAN	Officer Director	$0	$0	$0
ROBERT LO	VICE CHAIRMAN	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	$99,152	$157,259	$476,984	$-58,107
2022	$146,468	$170,133	$537,467	$-23,665
2021	$108,469	$151,049	$552,598	$-42,580
2020	$121,071	$151,021	$567,503	$-29,950
2019	$147,899	$127,938	$573,601	$19,961
2018	$130,696	$189,511	$580,438	$-58,815

NEIGHBORHOOD HOUSING RENEWAL CORP IV