CPNJ PLAINFIELD RESIDENCE II INC (EIN 262812575) - 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

2008

Legal Domicile

Principal Officer

DAVID BISHOP

Phone

9737639900

Tax Period

2022-07-01 to 2023-06-30

CPNJ PLAINFIELD RESIDENCE II INC, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $207K in total revenue in fiscal year 2022. Revenue surged 482% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 69% operating margin.

Mission

TO CONSTRUCT, OPERATE, ADMINISTER, AND MANAGE HOUSING FOR 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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $77,980

Program Service Revenue $25,637

Investment Income $104

Other Revenue $102,863

TOTAL REVENUE $206,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,616

Fundraising Expenses $0

Program Expenses $54,413

Other Expenses $57,399

TOTAL EXPENSES $63,015

Year-over-Year Comparison

	2022	2021	Change
Revenue	$206,584	$35,492	+4.8%
Expenses	$63,015	$64,365	0.0%
Net Income	$143,569	$-28,873	-6.0%

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

$306,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLARK MACHEMER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRIS HALKYARD	SECRETARY	1.00	Officer Director	$0	$0	$0
MATT GITTLEMAN	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID BISHOP	CEO - PRESIDENT	1.00	Officer	$0	$17,303	$204,580
LINDA PEPE	CFO	1.00	Officer	$0	$12,377	$102,120

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$206,584	$63,015	$765,672	$143,569
2022	$35,492	$64,365	$703,036	$-28,873
2021	$40,806	$59,325	$718,866	$-18,519
2020	$40,239	$52,748	$724,818	$-12,509
2019	$24,666	$53,555	$737,538	$-28,889

CPNJ PLAINFIELD RESIDENCE II INC