PRESENCE LEGACY ASSOCIATION (EIN 361649520) - 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

1939

Legal Domicile

Principal Officer

TONYA MERSHON

Phone

8777374636

Tax Period

2020-01-01 to 2020-12-31

Mission

INSPIRED BY THE HEALING MINISTRY OF JESUS CHRIST, PRESENCE LEGACY ASSOCIATION PROVIDED ADMINISTRATIVE MANAGEMENT AND OTHER SUPPORT TO RESURRECTION UNIVERSITY, IN FURTHERANCE OF THE PROVISION OF COMPASSIONATE, HOLISTIC CARE WITH SPIRIT OF HEALING AND HOPE IN THE COMMUNITY IT SERVES THROUGH 8/20/2020. AS OF THAT DATE, PLA'S BYLAWS WERE AMENDED TO INDICATE THAT PLA'S PURPOSE IS TO OPERATE EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES. PLA AND PRESENCE CARE TRANSFORMATION CORPORATION (PCTC) WERE MERGED WITH AND INTO A SINGLE CORPORATION ON 12/31/2020. PCTC IS THE SURVIVING ENTITY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT J HENKEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
SR TERESA MALTBY	DIRECTOR	1.00	Director	$0	$0	$0
SR PATRICIA SMITH	SECRETARY	1.00	Officer Director	$0	$0	$0
DR THOMAS HUBERTY	DIRECTOR	1.00	Director	$0	$0	$0
SR MARY ELIZABETH IMLER	DIRECTOR	1.00	Director	$0	$0	$0
SR MARY SHINNICK	TREASURER	1.00	Officer Director	$0	$0	$0
VICTOR ORLER	DIRECTOR	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
2020	No data	No data	No data	No data
2019	No data	No data	No data	No data

PRESENCE LEGACY ASSOCIATION