DISCOVERY PLACE CORPORATION (EIN 371537550) - 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

2010

Legal Domicile

Phone

8013281050

Tax Period

2024-07-01 to 2025-06-30

DISCOVERY PLACE CORPORATION, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $254K in total revenue in fiscal year 2024. Expenses of $285K exceeded revenue, resulting in a 12% operating deficit.

Mission

Low income housing for elderly and/or physically disabled.

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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 $0

Program Service Revenue $254,189

Investment Income $15

Other Revenue $0

TOTAL REVENUE $254,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $209,167

Other Expenses $285,408

TOTAL EXPENSES $285,408

Year-over-Year Comparison

	2024	2023	Change
Revenue	$254,204	$240,040	+0.1%
Expenses	$285,408	$291,192	0.0%
Net Income	$-31,204	$-51,152	-0.4%

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

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	Role	Reportable Comp	Other Comp	Total
Jeff Gilbert	Chairman	Officer Director	$0	$0	$0
Jake Netzley	Vice Chair	Officer Director	$0	$0	$0
Cheryl Atwood	Secretary/Treas	Officer Director	$0	$0	$0
Mark Nordstrom	Board Member	Director	$0	$0	$0
Bob Thomas	Board Member	Director	$0	$0	$0
Braden Merrill	Board Member	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	$254,204	$285,408	$2,251,862	$-31,204
2024	$240,040	$291,192	$2,274,930	$-51,152
2023	$203,358	$278,919	$2,327,066	$-75,561
2022	$195,594	$258,177	$2,404,526	$-62,583
2021	$188,721	$242,189	$2,467,179	$-53,468
2020	$188,904	$255,522	$2,536,156	$-66,618
2019	$175,465	$237,772	$2,580,192	$-62,307
2018	$166,789	$255,110	$2,650,708	$-88,321

DISCOVERY PLACE CORPORATION