PALO DURO II INC (EIN 364621477) - Form 990 Financial Analysis & Trantor Score

🔒

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

2007

Legal Domicile

Principal Officer

LEE ENDICOTT

Phone

4052360452

Tax Period

2023-01-01 to 2023-12-31

PALO DURO II INC, founded in 2007, is a micro nonprofit in the Housing & Shelter sector that reported $88K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $160K exceeded revenue, resulting in a 82% operating deficit.

Mission

ORGANIZATION WAS FORMED IN 2007 TO BUILD A LOW-INCOME HOUSING COMPLEX IN OKLAHOMA CITY FOR THE MENTALLY HANDICAPPED, TO BE FUNDED AND OPERATED UNDER HUD. NO ACTIVITIES IN THE ORGANIZATION OCCURRED UNTIL THE LATER PART OF 2009 WHEN CONSTRUCTION OF THE FACILITY BEGAN. CONSTRUCTION CONTINUED THROUGH 2010 WITH OPERATIONS BEGINNING IN 2011.

🔒

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 $62,172

Program Service Revenue $25,726

Investment Income $50

Other Revenue $0

TOTAL REVENUE $87,948

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,621

Fundraising Expenses $0

Program Expenses $148,217

Other Expenses $146,645

TOTAL EXPENSES $160,266

Year-over-Year Comparison

	2023	2022	Change
Revenue	$87,948	$72,350	+0.2%
Expenses	$160,266	$146,077	+0.1%
Net Income	$-72,318	$-73,727	0.0%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE ENDICOTT	CHAIRMAN	N/A	Director	$0	$0	$0
JIM GRAGG	DIRECTOR	N/A	Director	$0	$0	$0
BOB GREEN	DIRECTOR	N/A	Director	$0	$0	$0
VICKI HILL	DIRECTOR	N/A	Director	$0	$0	$0
JIM HUNTER	DIRECTOR	N/A	Director	$0	$0	$0
MIKE NEWCOMBE	DIRECTOR	N/A	Director	$0	$0	$0
PAGE ROSS	DIRECTOR	N/A	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	$87,948	$160,266	$1,053,251	$-72,318
2022	$72,350	$146,077	$1,087,624	$-73,727
2021	$78,060	$133,361	$1,137,812	$-55,301
2020	$83,499	$131,513	$1,186,263	$-48,014

PALO DURO II INC