PERFECT PLACE DROP IN CENTER INC (EIN 352585557) - 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

2018

Legal Domicile

Principal Officer

KAREN ROBINSON

Phone

7342507943

Tax Period

2023-01-01 to 2023-12-31

PERFECT PLACE DROP IN CENTER INC, founded in 2018, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 14% surplus.

Mission

Drop in mental health recovery and wellness center

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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 $1,742

Program Service Revenue $1,267,876

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,269,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $490,934

Fundraising Expenses $0

Program Expenses $815,828

Other Expenses $603,768

TOTAL EXPENSES $1,094,702

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,269,618	$824,347	+0.5%
Expenses	$1,094,702	$839,936	+0.3%
Net Income	$174,916	$-15,589	-12.2%

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

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

$209,733

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN ROBINSON	EXECUTIVE DIRECTOR	50.00	Key Emp Highest	$109,733	$100,000	$209,733
TERESA HARRINGTON	PRESIDENT	10.00	Officer	$0	$0	$0
JENNIFER LEWIS	VICE-PRESIDENT	10.00	Officer	$0	$0	$0
JAMES STEELE Dec'd 722	SECRETARY	10.00	Officer	$0	$0	$0
JOANNE BARKLEY	TREASURER	10.00	Officer	$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	$1,269,618	$1,094,702	$260,637	$174,916
2022	$824,347	$839,936	$279,053	$-15,589
2021	$519,419	$429,143	$285,539	$90,276
2020	$435,612	$333,976	$220,973	$101,636
2019	$490,683	$303,822	$203,399	$186,861

PERFECT PLACE DROP IN CENTER INC