PARK SIDE MANAGEMENT INC (EIN 262982081) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

CHRISTOPHER MULLETT

Tax Period

2024-10-01 to 2025-09-30

PARK SIDE MANAGEMENT INC, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $140K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $198K exceeded revenue, resulting in a 42% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR ELDERLY INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $138,171

Investment Income $1,450

Other Revenue $0

TOTAL REVENUE $139,621

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $187,606

Other Expenses $197,651

TOTAL EXPENSES $197,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$139,621	$125,636	+0.1%
Expenses	$197,651	$200,994	0.0%
Net Income	$-58,030	$-75,358	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER MULLETT	PRESIDENT	Director	$0	$0	$0
CHRIS BURKEY	TREASURER	Director	$0	$0	$0
TINA BOYER	SECRETARY	Director	$0	$0	$0
PATRICIA MCFARLAND	VICE PRESIDENT	Director	$0	$0	$0
JUDY REYNOLDS	RESIDENT TENANT	Director	$0	$0	$0
MARK STAFFORD	DIRECTOR	Director	$0	$0	$0
JESSICA BRIGGS	DIRECTOR	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
2025	$139,621	$197,651	$2,105,683	$-58,030
2024	$125,636	$200,994	$2,170,701	$-75,358
2023	$117,026	$207,863	$2,244,868	$-90,837
2022	$111,253	$195,287	$2,342,268	$-84,034
2021	$112,879	$185,228	$2,414,555	$-72,349
2020	$116,646	$184,119	$2,485,857	$-67,473
2019	$111,379	$200,963	$2,557,366	$-89,584
2018	$110,228	$216,519	$2,644,051	$-106,291

PARK SIDE MANAGEMENT INC