Palace Renaissance Inc (EIN 133798133) - 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

1992

Legal Domicile

Phone

2128035700

Tax Period

2024-07-01 to 2025-06-30

Palace Renaissance Inc, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $201K in total revenue in fiscal year 2024. The organization ran a surplus of $76K, a strong 38% operating margin.

Mission

Provides housing for elderly people of low-income experiencing homelessness in NYC.

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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 $0

Program Service Revenue $195,180

Investment Income $5,479

Other Revenue $0

TOTAL REVENUE $200,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $122,380

Other Expenses $124,853

TOTAL EXPENSES $124,853

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,659	$203,520	0.0%
Expenses	$124,853	$273,161	-0.5%
Net Income	$75,806	$-69,641	-2.1%

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

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

$496,246

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTONIO X MOLESTINA	SECRETARY	1.0	Officer Director	$0	$0	$0
JULIE SALAMON	PRESIDENT	1.0	Officer Director	$0	$0	$0
LAWRENCE GRAHAM	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
MARCY E WILKOV	ASSISTANT SECRETARY	1.0	Officer Director	$0	$0	$0
MATTHEW SIROVICH	TREASURER	1.0	Officer Director	$0	$0	$0
RICHARD SWANSON	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
LAWRENCE ROSENBLATT	VICE PRESIDENT	1.0	Officer	$0	$81,066	$496,246

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	$200,659	$124,853	$5,099,458	$75,806
2024	$203,520	$273,161	$5,242,444	$-69,641
2023	$211,453	$223,364	$5,460,090	$-11,911
2022	$210,207	$172,837	$5,665,128	$37,370
2021	$215,526	$181,687	$5,843,441	$33,839
2020	$240,209	$279,023	$6,024,115	$-38,814
2019	$222,898	$763,995	$6,680,387	$-541,097
2018	$222,932	$181,628	$7,808,023	$41,304

Palace Renaissance Inc