PARACLETE INC C/O PETER GELZINIS PRESIDENT (EIN 043309563) - 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

1996

Legal Domicile

Principal Officer

PETER GELZINIS

Phone

8572049518

Tax Period

2023-01-01 to 2023-12-31

PARACLETE INC C/O PETER GELZINIS PRESIDENT, founded in 1996, is a micro nonprofit in the Education sector that reported $13K in total revenue in fiscal year 2023. Expenses of $70K exceeded revenue, resulting in a 428% operating deficit.

Mission

TO ENRICH THE LIVES OF YOUNG PEOPLE AND THEIR COMMUNITIES THROUGH EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,612

Program Service Revenue $0

Investment Income $13

Other Revenue $1,650

TOTAL REVENUE $13,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,233

Fundraising Expenses $0

Program Expenses $70,099

Other Expenses $66,866

TOTAL EXPENSES $70,099

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,275	$13,720	0.0%
Expenses	$70,099	$89,388	-0.2%
Net Income	$-56,824	$-75,668	-0.2%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NAVIL CHARLES	CLERK	2.00	Officer Director	$0	$0	$0
NAGIB CHARLES	TREASURER	2.00	Officer Director	$0	$0	$0
ANNA DAIDONE	BOARD MEMBER	2.00	Director	$0	$0	$0
BARRY HYNES	BOARD MEMBER	2.00	Director	$0	$0	$0
PETER GELZINIS	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRISTINE MCCONVILLE	BOARD MEMBER	2.00	Director	$0	$0	$0
ARTHUR MURPHY	BOARD MEMBER	2.00	Director	$0	$0	$0
CATHY O'FLAHERTY	BOARD MEMBER	2.00	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	$13,275	$70,099	$1,790,568	$-56,824
2022	$13,720	$89,388	$1,858,683	$-75,668
2021	$84,562	$127,485	$1,928,616	$-42,923
2020	$174,555	$328,819	$1,997,798	$-154,264
2019	$259,082	$360,937	$2,121,146	$-101,855
2018	$237,162	$267,124	$2,219,540	$-29,962

PARACLETE INC C/O PETER GELZINIS PRESIDENT