PARC RESIDENTIAL OPTIONS (EIN 371343779) - 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

1995

Legal Domicile

Principal Officer

Julia Kim Cornwell

Phone

3096913800

Tax Period

2024-07-01 to 2025-06-30

PARC RESIDENTIAL OPTIONS, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $116K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $137K exceeded revenue, resulting in a 18% operating deficit.

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,120

Program Service Revenue $106,827

Investment Income $442

Other Revenue $0

TOTAL REVENUE $116,389

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $110,173

Other Expenses $137,183

TOTAL EXPENSES $137,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$116,389	$106,174	+0.1%
Expenses	$137,183	$128,215	+0.1%
Net Income	$-20,794	$-22,041	-0.1%

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
Tim Prunty	President	1	Officer Director	$0	$0	$0
Laura Sniff	Director	1	Director	$0	$0	$0
Chris Broadhurst	Secretary/Treasurer	1	Officer Director	$0	$0	$0
Kyle Grafford	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	$116,389	$137,183	$405,411	$-20,794
2024	$106,174	$128,215	$428,796	$-22,041
2023	$104,260	$117,456	$444,495	$-13,196
2022	$102,356	$123,950	$458,517	$-21,594
2021	$97,773	$120,527	$479,107	$-22,754
2020	$92,465	$116,598	$504,847	$-24,133
2019	$90,885	$117,559	$527,728	$-26,674

PARC RESIDENTIAL OPTIONS