PRESERVE SPENCER HOUSE INC (EIN 311501719) - 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

1996

Legal Domicile

Phone

5032934038

Tax Period

2024-01-01 to 2024-12-31

PRESERVE SPENCER HOUSE INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $577K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $660K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS.

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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 $576,977

Investment Income $151

Other Revenue $0

TOTAL REVENUE $577,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,504

Fundraising Expenses $0

Program Expenses $660,138

Other Expenses $487,634

TOTAL EXPENSES $660,138

Year-over-Year Comparison

	2024	2023	Change
Revenue	$577,128	$493,294	+0.2%
Expenses	$660,138	$586,157	+0.1%
Net Income	$-83,010	$-92,863	-0.1%

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

$267,569

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rachael Duke	Executive Dir.	1.00	Officer	$132,897	$16,154	$149,051
AMY LAMMERS	Controller	1.00	Officer	$103,975	$14,543	$118,518
JUDY WERNER	President	1.00	Officer Director	$0	$0	$0
DOUG CHRISTIANSEN	Treasurer	1.00	Officer 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	$577,128	$660,138	$4,078,231	$-83,010
2023	$493,294	$586,157	$4,170,478	$-92,863
2022	$473,549	$610,232	$4,276,749	$-136,683
2021	$498,564	$566,011	$4,438,926	$-67,447
2020	$460,953	$556,058	$4,586,764	$-95,105
2019	$438,703	$561,848	$4,693,892	$-123,145
2018	$422,663	$506,209	$5,034,162	$-83,546

PRESERVE SPENCER HOUSE INC