Partners for Housing Palm Beach County Inc

EIN: 352826504 501(c)(3) Community Improvement

West Palm Beach, FL

Total Revenue
$125,900
Total Expenses
$24,514
Total Assets
$113,446
Net Assets
$101,386
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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
2023
Legal Domicile
FL
Principal Officer
Cindee LaCourse-Blum
Phone
5613188430
Tax Period
2024-01-01 to 2024-12-31

Partners for Housing Palm Beach County Inc, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $126K in total revenue in fiscal year 2024. The organization ran a surplus of $101K, a strong 81% operating margin.

Mission

Charitable activities relating to creation, promotion, development and building of rental and homeownership affordable housing opportunities and affordable housing policies for low and moderate-income persons.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $125,900
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $125,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $24,514
TOTAL EXPENSES $24,514

Year-over-Year Comparison

2024 2023 Change
Revenue $125,900 N/A N/A
Expenses $24,514 N/A N/A
Net Income $101,386 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terri Murray President/Chair 2.00
Director
$0 $0 $0
Evelyn Dobson Vice-President 2.00
Director
$0 $0 $0
Cindee Lacourse-Blum Treasurer 2.00
Director
$0 $0 $0
Annetta Jenkins Secretary 2.00
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 $125,900 $24,514 $113,446 $101,386
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