PENNIES FOR THE HOMELESS (EIN 300371748) - 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

1998

Legal Domicile

Principal Officer

JENNIFER BEAN

Phone

5058439494

Tax Period

2022-01-01 to 2022-12-31

PENNIES FOR THE HOMELESS, founded in 1998, is a micro nonprofit that reported $18K in total revenue in fiscal year 2022. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $25K exceeded revenue, resulting in a 42% operating deficit.

Mission

PENNIES FOR THE HOMELESS' MISSION IS TO EDUCATE STUDENTS, PROFESSIONALS, AND THE GENERAL PUBLIC ABOUT THE REALITY OF HOMELESSNESS, WHILE DIRECTLY FUNDING SHELTERS, MEAL CENTERS AND OTHER HOMELESS SERVICE PROVIDERS IN NEW MEXICO, IN ORDER TO IMPROVE THE QUALITY OF LIFE, AS WELL AS OFFER OPPORTUNITIES AND HOPE FOR HOMELESS PEOPLE. PENNIES FOR THE HOMELESS IS AN ALL-VOLUNTEER, NON-PROFIT 501(C)(3) ORGANIZATION FOUNDED BY JOSEPH SAAVEDRA AND JUDGE DIANE DAL SANTO IN 1993.

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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 (2022)

Revenue Breakdown

Contributions & Grants $15,921

Program Service Revenue $0

Investment Income $1,541

Other Revenue $491

TOTAL REVENUE $17,953

Expense Breakdown

Grants Paid $15,881

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,844

Other Expenses $9,574

TOTAL EXPENSES $25,455

Year-over-Year Comparison

	2022	2021	Change
Revenue	$17,953	$11,924	+0.5%
Expenses	$25,455	$17,273	+0.5%
Net Income	$-7,502	$-5,349	+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

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
DALE ALVERSON	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER BEAN	ACTING EXEC	N/A	Officer Director	$0	$0	$0
HEIDI ELEFTHERIOU	DIRECTOR	N/A	Director	$0	$0	$0
EVAN GONZALES	DIRECTOR	N/A	Director	$0	$0	$0
TRACY JENKS	DIRECTOR	N/A	Director	$0	$0	$0
LISA VALDEZ	DIRECTOR	N/A	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
2022	$17,953	$25,455	$132,425	$-7,502
2021	$11,924	$17,273	$142,166	$-5,349
2020	$13,194	$18,548	$146,099	$-5,354
2019	$8,657	$33,330	$118,453	$-24,673
2018	$19,688	$4,153	$143,126	$15,535

PENNIES FOR THE HOMELESS