PACE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

Principal Officer

RHIANNON EDWARDS

Phone

3176126800

Tax Period

2023-01-01 to 2023-12-31

PACE INC, founded in 1960, is a community nonprofit in the Crime & Legal sector that reported $3.1M in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.0M, a strong 33% operating margin.

Mission

TO PROVIDE A VARIETY OF SERVICES TO HELP PREVIOUSLY INCARCERATED PERSONS AND THEIR FAMILIES TO LEAD PRODUCTIVE AND RESPONSIBLE LIVES IN THEIR COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,584,932 Revenue: $1,078,439

TO PROVIDE A VARIETY OF SERVICES TO HELP PREVIOUSLY INCARCERATED PERSONS AND THEIR FAMILIES TO LEAD PRODUCTIVE AND RESPONSIBLE LIVES IN THIER COMMUNITY. SERVICES PROVIDED INCLUDE TRANSITIONAL...

TO PROVIDE A VARIETY OF SERVICES TO HELP PREVIOUSLY INCARCERATED PERSONS AND THEIR FAMILIES TO LEAD PRODUCTIVE AND RESPONSIBLE LIVES IN THIER COMMUNITY. SERVICES PROVIDED INCLUDE TRANSITIONAL, EMPLOYMENT, AND RECOVERY SUPPORT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,801,855

Program Service Revenue $1,150,830

Investment Income $108,597

Other Revenue $2,105

TOTAL REVENUE $3,063,387

Expense Breakdown

Grants Paid $127,776

Salaries & Benefits $1,330,691

Fundraising Expenses $105,822

Program Expenses $1,584,932

Other Expenses $596,765

TOTAL EXPENSES $2,055,232

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,063,387	$5,443,699	-0.4%
Expenses	$2,055,232	$1,556,748	+0.3%
Net Income	$1,008,155	$3,886,951	-0.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$106,384

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RHIANNON EDWARDS	EXECUTIVE DI	40.00	Officer	$97,803	$8,581	$106,384
ASHLEY ALLEN	BOARD MEMEBE	1.00	Director	$0	$0	$0
KEN BEACHE	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGIE BOARMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICK CALLAHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMANTHA DEWESTER	BOARD MEMBER	1.00	Director	$0	$0	$0
JEANINE KERRIDGE	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMIE NEWTON	BOARD MEMBER	1.00	Director	$0	$0	$0
VOP OSILI	SECRETARY	1.00	Officer Director	$0	$0	$0
MARSHALL SHACKELFORD	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
SCOTT SHEEHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIELLE TAYLOR	BOARD MEMBER	1.00	Director	$0	$0	$0
LEW WEISS	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL WEST	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN WURSTER	BOARD CHAIR	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	No data	No data	No data	No data
2023	$3,063,387	$2,055,232	$8,330,921	$1,008,155
2022	$5,442,454	$1,520,153	$4,599,938	$3,922,301
2021	$1,233,752	$1,252,641	$736,126	$-18,889
2020	$1,096,791	$1,093,438	$974,224	$3,353
2019	$928,795	$1,025,804	$649,907	$-97,009
2018	$1,109,434	$1,030,662	$707,854	$78,772