PALM TERRACE INTERFAITH HOUSING CORP (EIN 330831245) - 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

MATTHEW B JUMPER

Phone

6196681532

Tax Period

2024-01-01 to 2024-12-31

PALM TERRACE INTERFAITH HOUSING CORP, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO ASSIST IN THE DEVELOPMENT OF AFFORDABLE HOUSING FOR LOW INCOME RESIDENTS OF SAN DIEGO COUNTY.

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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 $1,175,043

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,175,043

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $224,628

Fundraising Expenses $0

Program Expenses $1,043,904

Other Expenses $837,913

TOTAL EXPENSES $1,312,541

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,175,043	$1,077,925	+0.1%
Expenses	$1,312,541	$1,119,238	+0.2%
Net Income	$-137,498	$-41,313	+2.3%

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

$333,282

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW B JUMPER	President & CEO	1.00	Officer	$0	$0	$333,282
GREGORY SMYTH	Chairman	1.00	Officer Director	$0	$0	$0
JIM O'HARA	MEMBER	1.00	Director	$0	$0	$0
DOUG BRUNSON	MEMBER	1.00	Director	$0	$0	$0
ROGER BALL	MEMBER	1.00	Director	$0	$0	$0
JENNY TCHANG FROST	Vice chair	1.00	Officer Director	$0	$0	$0
JUDY ZYGOWICZ	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KAI ADLER	MEMBER	1.00	Director	$0	$0	$0
DAVID GARDNER JR	Treasurer	1.00	Officer Director	$0	$0	$0
MIKE HALL	MEMBER	1.00	Director	$0	$0	$0
TRUDY BALESTRERI	MEMBER	1.00	Director	$0	$0	$0
STEVE KOHN	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
2024	$1,175,043	$1,312,541	$2,051,850	$-137,498
2023	$1,077,925	$1,119,238	$2,267,401	$-41,313
2022	$1,017,343	$1,006,610	$2,370,926	$10,733
2021	$950,755	$978,321	$2,424,942	$-27,566
2020	$908,657	$778,439	$2,531,600	$130,218
2019	$859,659	$835,224	$2,454,098	$24,435
2018	$818,120	$769,374	$2,616,022	$48,746

PALM TERRACE INTERFAITH HOUSING CORP