Peaslee Neighborhood Center Inc (EIN 311268160) - 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

1988

Legal Domicile

Principal Officer

Jennifer Summers

Phone

5136215514

Tax Period

2024-01-01 to 2024-12-31

Peaslee Neighborhood Center Inc, founded in 1988, is a small nonprofit that reported $668K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 17% operating margin.

Mission

Peaslee Neighborhood Center is a peaceful place in Over-the-Rhine where residents create and engage in participatory education to foster creative expression, self-determination, and social change.

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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 $535,434

Program Service Revenue $134,059

Investment Income $76

Other Revenue $-1,448

TOTAL REVENUE $668,121

Expense Breakdown

Grants Paid $0

Salaries & Benefits $387,424

Fundraising Expenses $48,830

Program Expenses $445,776

Other Expenses $166,475

TOTAL EXPENSES $553,899

Year-over-Year Comparison

	2024	2023	Change
Revenue	$668,121	$551,532	+0.2%
Expenses	$553,899	$543,592	+0.0%
Net Income	$114,222	$7,940	+13.4%

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

Volunteers

108

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

$94,574

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sr Terry Thorman	Director (began 8/24)	2.00	Director	$0	$0	$0
Bonita Neumeier	Director	4.00	Director	$0	$0	$0
Chris Heckman	Chair	4.00	Officer Director	$0	$0	$0
Chris Wilkey	Director	2.00	Director	$0	$0	$0
Bob Donovan	Treasurer	4.00	Officer Director	$0	$0	$0
Elizabeth Burnside	Director	3.00	Director	$0	$0	$0
Tamika Odum	Director	2.00	Director	$0	$0	$0
Ed Slater	Secretary	2.00	Officer Director	$0	$0	$0
Mark Samman	Director	2.00	Director	$0	$0	$0
Jennifer Summers	Executive Director	40.00	Officer	$65,158	$19,305	$84,463
Julia Kyser	Chief Financial Officer	3.00	Officer	$10,111	$0	$10,111
Danielle Evans	Director	2.00	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
2024	No data	No data	No data	No data
2024	$668,121	$553,899	$605,285	$114,222
2023	$551,532	$543,592	$494,773	$7,940
2022	$409,162	$510,301	$426,833	$-101,139
2021	$494,837	$404,886	$527,529	$89,951
2020	$426,136	$348,296	$437,934	$77,840
2019	$419,131	$404,041	$372,773	$15,090
2018	$368,820	$378,852	$351,451	$-10,032

Peaslee Neighborhood Center Inc