James Bryant Homes Housing Development Fund Corporation

Nonprofit profile at a glance

EIN
202402617
IRS 990-EZ coverage
2015–2016
Forms available
Form 990 2014, Form 990-EZ 2016
Location
New York, NY, USA
Phone
2124276960
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Low-Income & Subsidized Rental Housing

Reported finances

Revenue
$82,169
Expenses
$85,717
Assets
$2,840
Liabilities
$654,498

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Naomi Barrera (President & CEO)

People named in this filing

  • Naomi Barrera (President & CEO)
  • REV REGINALD WILLIAMS (Chairman)
  • J Steven Berrios III (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

James bryant homes housing development fund corporation is organized exclusively for the charitable purpose of owning, constructing, rehabilitating, leasing, managing, equipping, maintaining, developing, and operating a housing project for needy persons of low income, who are homeless people and/or people with HIV-AIDS and/or people recovering from substance abuse, who are in need of such accommodations.

What it reported doing in 2016

Provides non-emergency congregate housing along with appropriate supportive services to chronically homeless single adults who are persons living with HIV/AIDS or who are clients with symptomatic HIV who are receiving cash assistance from the city and who suffer from a co-occuring serious and persistent mental illness, a substance abuse disorder, or a mentally ill chemical abuse (mica) disorder.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.4%; rating input score 98
  • Program expense ratio: 94.3%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -4.3%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 230.46; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.9% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: -71.6% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -57.9% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 98.4% of revenue deployed · 94.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $81K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.