HOLLY PLACE

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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

2010

Legal Domicile

Principal Officer

ARNOLD STANCE

Phone

5107336800

Tax Period

2024-01-01 to 2024-12-31

HOLLY PLACE, founded in 2010, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

The specific purpose of Holly Place is to provide transitional housing to youth adults.

Program Service Accomplishments

Program 1

Expenses: $1,559,322

The specific purpose of Holly Place is to provide transitional housing to young adults from 18 to 21 years old. The program provides non-medical residential support and other services consitent with mentoring and provinding assistance to those young adults who are completing secondary education or a program leading to an equivalent credential.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,774,973

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,774,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $320,156

Fundraising Expenses $0

Program Expenses $1,559,322

Other Expenses $1,434,166

TOTAL EXPENSES $1,754,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,774,973	$1,901,259	-0.1%
Expenses	$1,754,322	$1,841,648	0.0%
Net Income	$20,651	$59,611	-0.7%

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

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

$139,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ARNOLD STANCE	CFO	Officer	$139,000	$0	$139,000
KENNETH SMITH	CEO	Officer	$0	$0	$0
DONOVAN BONNER	SECRETARY	Officer	$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
2024	$1,774,973	$1,754,322	$123,777	$20,651
2023	$1,901,259	$1,841,648	$103,126	$59,611
2022	$2,131,882	$2,678,791	$43,515	$-546,909
2021	$2,950,640	$2,972,751	$591,662	$-22,111
2020	$2,640,604	$2,666,554	$453,410	$-25,950
2019	$2,927,794	$2,965,409	$186,876	$-37,615
2018	$2,515,764	$2,504,483	$189,146	$11,281