PEACE PROPERTIES INC (EIN 043173140) - 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

1992

Legal Domicile

Principal Officer

PHILIP R GIFFEE

Phone

6175675882

Tax Period

2024-01-01 to 2024-12-31

PEACE PROPERTIES INC, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $150K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $231K exceeded revenue, resulting in a 54% operating deficit.

Mission

THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING PROJECTS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $110,613

Investment Income $0

Other Revenue $39,480

TOTAL REVENUE $150,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,695

Other Expenses $231,466

TOTAL EXPENSES $231,466

Year-over-Year Comparison

	2024	2023	Change
Revenue	$150,093	$238,247	-0.4%
Expenses	$231,466	$267,585	-0.1%
Net Income	$-81,373	$-29,338	+1.8%

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

$340,101

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BRYANT	PRESIDENT	0.25	Officer Director	$0	$0	$0
CELSA MORENO-BARKER	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
MEGAN REAGON	TREASURER	0.25	Officer Director	$0	$0	$0
ROBERT SCHMIDT	SECRETARY/ CLERK	0.25	Officer Director	$0	$0	$0
ANA ALONZO	BOARD MEMBER	0.25	Director	$0	$0	$0
MONICA BARRERA	BOARD MEMBER	0.25	Director	$0	$0	$0
NINA GAETA COLETTA	BOARD MEMBER	0.25	Director	$0	$0	$0
CATHERINE MCCANDLESS	BOARD MEMBER	0.25	Director	$0	$0	$0
DAVID VILLANEUVA	BOARD MEMBER	0.25	Director	$0	$0	$0
PHILIP GIFFEE	EXECUTIVE DIRECTOR	0.25	Officer	$0	$35,094	$206,760
VINNY QUALTIERI	DIRECTOR OF FINANCE & ADMIN	0.25	Officer	$0	$11,471	$133,341
LINDA MILLER-FOSTER	DIRECTOR OF ADMINISTRATION	0.25	Highest	$0	$13,157	$130,824

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	$150,093	$231,466	$5,922,571	$-81,373
2023	$238,247	$267,585	$5,550,293	$-29,338
2022	$123,564	$158,384	$5,504,728	$-34,820
2021	$215,280	$273,017	$4,539,561	$-57,737
2020	$1,136,342	$189,101	$3,414,517	$947,241
2019	$-2,163,255	$1,101,829	$4,040,865	$-3,265,084
2018	$917,260	$252,804	$14,734,113	$664,456

PEACE PROPERTIES INC