Palmland Community Development Foundation (EIN 043742788) - 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

2003

Legal Domicile

Principal Officer

Larry Jacobs

Tax Period

2019-01-01 to 2019-12-31

Palmland Community Development Foundation, founded in 2003, is a small nonprofit that reported $156K in total revenue in fiscal year 2019. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $35K, a strong 22% operating margin.

Mission

Assistance to low income community members in repairing and maintaining safe and adequate 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 (2019)

Revenue Breakdown

Contributions & Grants $156,287

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $156,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $116,418

Other Expenses $121,540

TOTAL EXPENSES $121,540

Year-over-Year Comparison

	2019	2018	Change
Revenue	$156,287	$219,039	-0.3%
Expenses	$121,540	$196,408	-0.4%
Net Income	$34,747	$22,631	+0.5%

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
James Spivey	Trustee	5.00	Director	$0	$0	$0
Larry Jacobs	President	15.00	Officer	$0	$0	$0
Antonio Jackson	Vice President	5.00	Officer	$0	$0	$0
Clay Daniels	Treasurer	5.00	Officer	$0	$0	$0
Diane Mims	Secretary	5.00	Officer	$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
2019	$156,287	$121,540	$88,779	$34,747
2018	$219,039	$196,408	$62,402	$22,631

Palmland Community Development Foundation