PALM SPRINGS MODERN COMMITTEE (EIN 020607200) - 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

2002

Legal Domicile

Principal Officer

PETER MORUZZI

Phone

2137060151

Tax Period

2024-07-01 to 2025-06-30

PALM SPRINGS MODERN COMMITTEE, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $323K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $302K left a modest 7% surplus.

Mission

PRESERVATION AND PROTECTION OF HISTORIC PLACES AND EDUCATION TO MAINTAIN AND PROMOTE PALM SPRINGS HISTORIC MODERN ARCHITECTURAL RESOURCES

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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 $66,158

Program Service Revenue $219,412

Investment Income $0

Other Revenue $37,405

TOTAL REVENUE $322,975

Expense Breakdown

Grants Paid $22,550

Salaries & Benefits $98,858

Fundraising Expenses $0

Program Expenses $136,761

Other Expenses $180,361

TOTAL EXPENSES $301,769

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322,975	$226,870	+0.4%
Expenses	$301,769	$264,077	+0.1%
Net Income	$21,206	$-37,207	-1.6%

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

N/A

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

Total Directors

$85,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COURTNY NEWMAN	PRESIDENT	8	Officer	$0	$0	$0
PETER MORUZZI	TREASURER	10	Officer	$0	$0	$0
KIM ZAKOWSKI	SECRETARY	5	Officer	$0	$0	$0
N MCLAUGHLIN	EXEC DIRECTOR	30	Director	$85,000	$0	$85,000

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
2025	$322,975	$301,769	$210,635	$21,206
2024	$226,870	$264,077	$189,430	$-37,207
2023	$343,784	$349,678	$226,256	$-5,894
2022	$219,602	$177,264	$238,997	$42,338

PALM SPRINGS MODERN COMMITTEE