PARC DEVELOPMENTAL HOMES INC

EIN: 371134885 501(c)(3) Housing & Shelter

Peoria, IL

Total Revenue
$387,991
Total Expenses
$366,896
Total Assets
$648,726
Net Assets
$-310,173
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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
1986
Legal Domicile
IL
Principal Officer
Julia Kim Cornwell
Phone
3096913800
Tax Period
2024-07-01 to 2025-06-30

PARC DEVELOPMENTAL HOMES INC, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $388K in total revenue in fiscal year 2024. Expenses of $367K left a modest 5% surplus.

Mission

Provide housing for individuals with intellectual and developmental disabilities.

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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 $0
Program Service Revenue $387,869
Investment Income $122
Other Revenue $0
TOTAL REVENUE $387,991

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $320,457
Other Expenses $366,896
TOTAL EXPENSES $366,896

Year-over-Year Comparison

2024 2023 Change
Revenue $387,991 $370,754 +0.0%
Expenses $366,896 $349,136 +0.1%
Net Income $21,095 $21,618 0.0%
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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Prunty President 1
Officer Director
$0 $0 $0
Chris Broadhurst Secretary/Treasurer 1
Officer Director
$0 $0 $0
Kyle Grafford Director 1
Director
$0 $0 $0
Laura Sniff Director 1
Director
$0 $0 $0
Joe Corrigan Vice President 1
Officer Director
$0 $0 $0
Kevin Nowlan Director 1
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
2025 $387,991 $366,896 $648,726 $21,095
2024 $370,754 $349,136 $669,686 $21,618
2023 $356,043 $343,169 $666,636 $12,874
2022 $341,338 $333,614 $677,254 $7,724
2021 $341,979 $336,279 $706,031 $5,700
2020 $332,744 $324,949 $725,443 $7,795
2019 $334,442 $332,807 $741,219 $1,635
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