PARMLY LAKEVIEW INC (EIN 263789732) - 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

SHELLEY KENDRICK

Phone

6517664300

Tax Period

2023-01-01 to 2023-12-31

PARMLY LAKEVIEW INC, founded in 2008, is a small nonprofit that reported $658K in total revenue in fiscal year 2023.

Mission

TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED THROUGH A HUD-SPONSORED PROGRAM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $630,562

Investment Income $1,213

Other Revenue $26,199

TOTAL REVENUE $657,974

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,921

Fundraising Expenses $0

Program Expenses $490,153

Other Expenses $455,272

TOTAL EXPENSES $645,193

Year-over-Year Comparison

	2023	2022	Change
Revenue	$657,974	$635,919	+0.0%
Expenses	$645,193	$652,899	0.0%
Net Income	$12,781	$-16,980	-1.8%

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

N/A

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

$971,695

Total Directors

$1,631,313

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELLEY KENDRICK	PRESIDENT & CEO	0.10	Officer Director	$0	$49,805	$540,172
SCOTT BJERKETVEDT	SECRETARY AND TREASURER	0.10	Officer Director	$0	$48,936	$342,609
BRET ANDERSON	BOARD OF TRUSTEE	0.10	Director	$0	$26,862	$319,907
MELLANIE SULLIVAN	BOARD OF TRUSTEE	0.10	Director	$0	$16,321	$339,711
EMILY SOMMER	ASSISTANT SECRETARY	0.10	Officer Director	$0	$22,171	$88,914

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	No data	No data	No data	No data
2023	$657,974	$645,193	$636,152	$12,781
2022	$635,919	$652,899	$681,726	$-16,980
2021	$623,901	$637,536	$746,571	$-13,635
2020	$602,152	$674,549	$826,098	$-72,397
2019	$603,839	$643,627	$923,544	$-39,788
2018	$566,666	$641,490	$1,025,002	$-74,824

PARMLY LAKEVIEW INC