PLEASANT RIDGE DEVELOPMENT CORPORATION (EIN 311409995) - 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

2010

Legal Domicile

Principal Officer

JUSTIN WILKEY

Phone

5133798301

Tax Period

2019-01-01 to 2019-12-31

PLEASANT RIDGE DEVELOPMENT CORPORATION, founded in 2010, is a micro nonprofit in the Community Improvement sector that reported $72K in total revenue in fiscal year 2019. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $498K exceeded revenue, resulting in a 589% operating deficit.

Mission

PRDC IS A COMMUNITY ORGANIZATION COMPRISED OF VOLUNTEERS WORKING FOR THE ENRICHMENT AND DEVELOPMENT OF PLEASANT RIDGE BUSINESS DISTRICT

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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 (2019)

Revenue Breakdown

Contributions & Grants $3,855

Program Service Revenue $68,322

Investment Income $0

Other Revenue $0

TOTAL REVENUE $72,177

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $497,566

Other Expenses $497,566

TOTAL EXPENSES $497,566

Year-over-Year Comparison

	2019	2018	Change
Revenue	$72,177	$56,172	+0.3%
Expenses	$497,566	$69,885	+6.1%
Net Income	$-425,389	$-13,713	+30.0%

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

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
JASON CHAMBLEE	PRESIDENT	5.00		$0	$0	$0
JUSTIN WILKEY	TREASURER	5.00		$0	$0	$0
ALGIRDAS AUKSTUOLIS	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE BENKERT	BOARD MEMBER	2.00	Director	$0	$0	$0
KARLA LALOSH	BOARD MEMBER	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
2019	$72,177	$497,566	$219,712	$-425,389
2018	$56,172	$69,885	$645,101	$-13,713

PLEASANT RIDGE DEVELOPMENT CORPORATION