532 - 16TH STREET INC (EIN 943175232) - 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

1992

Legal Domicile

Principal Officer

JAMES HILL

Phone

5108390248

Tax Period

2024-01-01 to 2024-12-31

532 - 16TH STREET INC, founded in 1992, is a micro nonprofit that reported $53K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $72K exceeded revenue, resulting in a 37% operating deficit.

Mission

THE ORGANIZATION PROVIDES LOW INCOME HOUSING

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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 $43,659

Investment Income $8,260

Other Revenue $599

TOTAL REVENUE $52,518

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,033

Fundraising Expenses $0

Program Expenses $53,169

Other Expenses $64,927

TOTAL EXPENSES $71,960

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,518	$120,273	-0.6%
Expenses	$71,960	$129,311	-0.4%
Net Income	$-19,442	$-9,038	+1.2%

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

$7,033

Total Directors

$7,033

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES HILL	PRESIDENT	40.00	Officer Director	$7,033	$0	$7,033
WALI MUHAMMAD	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
CLYDE BOULIGNY	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLA ROSS-GRATE	BOARD MEMBER	40.00	Director	$0	$0	$0
DORIS PEELER BROWN	SECRE/TREASURER	2.00	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	$52,518	$71,960	$7,504,366	$-19,442
2023	$120,273	$129,311	$7,517,896	$-9,038
2022	$420,873	$184,788	$7,524,136	$236,085
2021	$10,603,049	$1,338,983	$7,277,535	$9,264,066
2020	$614,026	$696,568	$916,764	$-82,542
2019	$600,829	$647,695	$1,025,642	$-46,866
2018	$568,653	$675,583	$1,147,232	$-106,930

532 - 16TH STREET INC