PARAMOUNT HOUSING & DEVELPOMENT EXT

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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

2020

Legal Domicile

Principal Officer

DR MARGO WILLIS

Phone

9372638176

Tax Period

2021-01-01 to 2021-12-31

PARAMOUNT HOUSING & DEVELPOMENT EXT, founded in 2020, is a small nonprofit that reported $125K in total revenue in fiscal year 2021. Revenue fell 58% from the prior year — a significant decline worth monitoring. Net assets of $337K represent 32 months of operating reserves.

Mission

PROVIDE TUTORING AND MENTAL HEALTH SERVICES IN OHIO

Program Service Accomplishments

Program 1

Expenses: $57,253 Revenue: $124,598

PROVIDE BEHAVIORAL HEALTH AND TUTORING SERVICES TO CLIENTS IN THE OHIO AREA

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $124,598

Investment Income $0

Other Revenue $0

TOTAL REVENUE $124,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,664

Fundraising Expenses $0

Program Expenses $57,253

Other Expenses $57,599

TOTAL EXPENSES $122,263

Year-over-Year Comparison

	2021	2020	Change
Revenue	$124,598	$294,302	-0.6%
Expenses	$122,263	$272,703	-0.6%
Net Income	$2,335	$21,599	-0.9%

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
CUTTINO DARGIN	ADVISORY	1.00	Officer Director	$0	$0	$0
TAWANA HAWKINGS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CORNELIUS HOOKFIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
TIMOTHY WILLIS	ACTING SECRETARY	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
2021	$124,598	$122,263	$371,856	$2,335
2020	$294,302	$272,703	$361,438	$21,599
2018	$393,930	$348,056	$830,700	$45,874
2018	$393,930	$348,056	$830,700	$45,874