POTENTIAL DEVELOPMENT PROGRAM INC (EIN 340789759) - 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

1953

Legal Domicile

Principal Officer

PAUL GARCHAR

Phone

3307467641

Tax Period

2023-01-01 to 2023-12-31

POTENTIAL DEVELOPMENT PROGRAM INC, founded in 1953, is a community nonprofit in the Human Services sector that reported $8.8M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $7.7M left a modest 12% surplus.

Mission

TO ASSIST CHILDREN WITH AUSTISM & DEVELOPMENTAL DELAYS POTENTIAL DEVELOPMENT PROVIDES INDIVIDUALIZED EDUCATION AND FAMILY SUPPORT SERVICES TO MEET THE SPECIAL NEEDS OF CHILDREN WITH AUTISM AND DEVELOPMENTAL DELAYS TO

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,425,182

Program Service Revenue $262,809

Investment Income $7,585

Other Revenue $75,302

TOTAL REVENUE $8,770,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,080,931

Fundraising Expenses $0

Program Expenses $6,657,329

Other Expenses $1,615,898

TOTAL EXPENSES $7,696,829

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,770,878	$7,234,845	+0.2%
Expenses	$7,696,829	$6,181,292	+0.2%
Net Income	$1,074,049	$1,053,553	+0.0%

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

154

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

Total Directors

$111,122

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN GOLDSBORO	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JAMES HOUCK	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT GEARHART JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
DELORAN THOMPSON	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDA MANSFIELD	SECRETARY	1.00	Officer Director	$0	$0	$0
ANGELA CROFFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL FAGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN FILIPOVICH	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE FIUMARA	BOARD MEMBER	1.00	Director	$0	$0	$0
MAXINE GORDON	BOARD MEMBER	1.00	Director	$0	$0	$0
R JOHN KUFLEITNER	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MERIBETH NOBLE	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL GARCHAR	EXECUTIVE DIRECTOR	40.00	Director	$111,122	$0	$111,122
DAVID PADGETT	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGEL PIXLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
RON RAUBENSTRAW	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT RUSU	BOARD MEMBER	1.00	Director	$0	$0	$0
SUE STRICKLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOMONT WARE	BOARD MEMBER	1.00	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
2023	$8,770,878	$7,696,829	$7,155,656	$1,074,049
2022	$7,234,845	$6,181,292	$6,132,887	$1,053,553
2021	$7,321,839	$5,280,674	$5,230,376	$2,041,165
2020	$5,561,516	$5,183,629	$3,892,775	$377,887
2019	$5,301,387	$5,028,239	$3,089,836	$273,148
2018	$4,693,189	$4,799,654	$3,025,693	$-106,465

POTENTIAL DEVELOPMENT PROGRAM INC