Panama Youth Services Inc

EIN: 264744441 501(c)(3)

Jacksonville, FL

Total Revenue
$306,570
Total Expenses
$342,431
Total Assets
$107,017
Net Assets
$71,587
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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
2009
Legal Domicile
FL
Phone
9045273953
Tax Period
2021-07-01 to 2022-06-30

Panama Youth Services Inc, founded in 2009, is a small nonprofit that reported $307K in total revenue in fiscal year 2021. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $342K exceeded revenue, resulting in a 12% operating deficit.

Mission

Panama Youth Services, Inc. provides shelter, counseling, early delinquent intervention, pre-employment skills training, education enhancement, substance abuse and mental health treatments,

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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 $306,320
Investment Income $0
Other Revenue $250
TOTAL REVENUE $306,570

Expense Breakdown

Grants Paid $0
Salaries & Benefits $225,741
Fundraising Expenses $0
Program Expenses $288,891
Other Expenses $116,690
TOTAL EXPENSES $342,431

Year-over-Year Comparison

2021 2020 Change
Revenue $306,570 $277,475 +0.1%
Expenses $342,431 $340,274 +0.0%
Net Income $-35,861 $-62,799 -0.4%
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
5
Independent Members
5
Employees
13
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
1
$78,462
Total Directors
5
$0
Key Employees
1
$78,462
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Albert Simpson Chairman 2.00
Director
$0 $0 $0
John Wayne Wright Director 1.00
Director
$0 $0 $0
Kim Henderson-Mote Director 1.00
Director
$0 $0 $0
Arthur Webb Director 2.00
Director
$0 $0 $0
Anthony Avery Director 1.00
Director
$0 $0 $0
Willie Green CEO/President 40.00
Officer Key Emp Highest
$78,462 $0 $78,462
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 $306,570 $342,431 $107,017 $-35,861
2021 $277,475 $340,274 $146,280 $-62,799
2020 $611,978 $706,277 $283,270 $-94,299
2019 $1,055,121 $1,082,582 $341,760 $-27,461
2018 $1,371,133 $1,304,584 $374,232 $66,549
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