PALM VILLAGE SENIOR HOUSING CORP (EIN 300311847) - 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

2005

Legal Domicile

Principal Officer

ERICH NAKANO

Phone

2134733020

Tax Period

2024-07-01 to 2025-06-30

PALM VILLAGE SENIOR HOUSING CORP, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $730K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 45% operating deficit.

Mission

TO PROVIDE HOUSING FOR LOW-INCOME ELDERLY 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 (2024)

Revenue Breakdown

Contributions & Grants $425,808

Program Service Revenue $273,506

Investment Income $825

Other Revenue $29,500

TOTAL REVENUE $729,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,784

Fundraising Expenses $0

Program Expenses $874,292

Other Expenses $937,372

TOTAL EXPENSES $1,058,156

Year-over-Year Comparison

	2024	2023	Change
Revenue	$729,639	$849,420	-0.1%
Expenses	$1,058,156	$1,013,549	+0.0%
Net Income	$-328,517	$-164,129	+1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERICH MINORU NAKANO	PRESIDENT	0.30	Officer Director	$0	$0	$0
WATTANA KIATPIRIYA	SECRETARY	0.30	Officer Director	$0	$0	$0
SAN PENNSON	TREASURER	0.30	Officer Director	$0	$0	$0
JENNIFER ING-ARAM	BOARD MEMBER	0.30	Director	$0	$0	$0
WORA RAPP	BOARD MEMBER	0.30	Director	$0	$0	$0
KELLY TAKASU	BOARD MEMBER	0.30	Director	$0	$0	$0
DAE JOON YOON	BOARD MEMBER	0.30	Director	$0	$0	$0
DAVID HOWDEN	BOARD MEMEBER	0.30	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	$729,639	$1,058,156	$7,187,716	$-328,517
2024	$849,420	$1,013,549	$7,388,832	$-164,129
2023	$491,237	$874,367	$7,622,593	$-383,130
2022	$441,971	$819,770	$7,809,533	$-377,799
2021	$429,864	$811,820	$8,086,952	$-381,956
2020	$407,880	$814,686	$8,269,904	$-406,806
2019	$406,302	$757,187	$8,528,665	$-350,885
2018	$393,661	$760,476	$8,769,605	$-366,815

PALM VILLAGE SENIOR HOUSING CORP