PEOPLES REDEVELOPMENT CORPORATION (EIN 237187286) - 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

1972

Legal Domicile

Phone

4018379600

Tax Period

2024-01-01 to 2024-12-31

PEOPLES REDEVELOPMENT CORPORATION, founded in 1972, is a small nonprofit in the Housing & Shelter sector that reported $392K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $11.1M represent 341 months of operating reserves.

Mission

DEVELOPMENT, OWNNERSHIP AND SALE OF AFFORDABLE 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $386,745

Investment Income $5,613

Other Revenue $0

TOTAL REVENUE $392,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $430,029

Other Expenses $430,029

TOTAL EXPENSES $430,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$392,358	$359,631	+0.1%
Expenses	$430,029	$387,591	+0.1%
Net Income	$-37,671	$-27,960	+0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA M KRANK	President	2.00	Officer Director	$0	$0	$0
ANTHONY SANDERS	Treasurer	1.00	Officer Director	$0	$0	$0
MARIA LOPES	Secretary	1.00	Officer Director	$0	$0	$0
MATTHEW BUCHANAN	Director	1.00	Director	$0	$0	$0
JOSEPH BUCHANAN	Director	1.00	Director	$0	$0	$0
ANTONIO LOPES	Director	1.00	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	$392,358	$430,029	$11,549,716	$-37,671
2023	$359,631	$387,591	$11,592,313	$-27,960
2022	$397,717	$449,613	$11,644,999	$-51,896
2021	$521,205	$407,321	$11,714,961	$113,884
2020	$336,356	$406,721	$11,797,877	$-70,365
2019	$444,217	$403,641	$11,846,975	$40,576
2018	$452,365	$408,340	$11,798,122	$44,025

PEOPLES REDEVELOPMENT CORPORATION