PILGRIM PLACE III

EIN: 261465131 501(c)(3) Housing & Shelter

HOUSTON, TX

Total Revenue
$276,001
Total Expenses
$375,042
Total Assets
$2,704,026
Net Assets
$-919,201
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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
2011
Legal Domicile
TX
Principal Officer
DONNA ELLIOT-MOORE
Phone
7135283535
Tax Period
2021-10-01 to 2022-09-30

PILGRIM PLACE III, founded in 2011, is a small nonprofit in the Housing & Shelter sector that reported $276K in total revenue in fiscal year 2021. Expenses of $375K exceeded revenue, resulting in a 36% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING AND COMMUNITY SERVICES FOR THE ECONOMICALLY DEPRIVED & THE DISABLED PERSONS

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $275,994
Investment Income $7
Other Revenue $0
TOTAL REVENUE $276,001

Expense Breakdown

Grants Paid $0
Salaries & Benefits $100,827
Fundraising Expenses $0
Program Expenses $345,931
Other Expenses $274,215
TOTAL EXPENSES $375,042

Year-over-Year Comparison

2021 2020 Change
Revenue $276,001 $277,044 0.0%
Expenses $375,042 $342,612 +0.1%
Net Income $-99,041 $-65,568 +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

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Governance

Voting Members
3
Independent Members
5
Employees
6
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAROLD L SMITH PRESIDENT 5103 KNOTTY 0AKS TRAIL, HOU. TX 77045 5.00
Director
$0 $0 $0
FAYE D WILSON TREA 3506 ARBOR ST, HOU TX 77004 5.00
Director
$0 $0 $0
WINSTON EPPERSON DIRECTOR 12127 ASHLEY CIRCLE DR, E HOU. TX 77071 5.00
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
2022 $276,001 $375,042 $2,704,026 $-99,041
2021 $277,042 $342,612 $2,800,054 $-65,570
2020 $253,642 $356,246 $2,870,018 $-102,604
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