Presbyterian Village - North (EIN 382204058) - 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

1978

Legal Domicile

Principal Officer

Tracy Lathan

Tax Period

2024-01-01 to 2024-12-31

Presbyterian Village - North, founded in 1978, is a micro nonprofit in the Human Services sector that reported $52K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $21K, a strong 40% operating margin.

Mission

Management services are provided to Oakland Woods I and II properties, and wellness program services were offered to residents of Oakland Woods and to non-residents in the Pontiac MI area.

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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 $6,581

Program Service Revenue $45,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $51,581

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,070

Fundraising Expenses $0

Program Expenses $26,851

Other Expenses $10,785

TOTAL EXPENSES $30,855

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,581	$256,995	-0.8%
Expenses	$30,855	$42,777	-0.3%
Net Income	$20,726	$214,218	-0.9%

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

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

$69,794

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tracy Lathan	Adminsitrator	005.00	Officer	$0	$0	$69,794
Nancy Halinkski	Vice chair	001.00	Officer Director	$0	$0	$0
Larysa Blysniuk	Secretary	001.00	Officer Director	$0	$0	$0
Jayne Zellers	Treasurer	001.00	Officer Director	$0	$0	$0
Diane Baldwin	trustee	001.00	Director	$0	$0	$0
Trina Ellis-Erwin	trustee	001.00	Director	$0	$0	$0
Kathalee James	trustee	001.00	Director	$0	$0	$0
Carolton Jones	trustee	001.00	Director	$0	$0	$0
Lisa Murrell	trustee	001.00	Director	$0	$0	$0
Megan Seller	trustee	001.00	Director	$0	$0	$0
Michael Schick	trustee	001.00	Director	$0	$0	$0
Rachel Hurst	trustee	001.00	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
2024	$51,581	$30,855	$569,631	$20,726
2023	$256,995	$42,777	$547,562	$214,218
2022	$460,844	$77,206	$334,549	$383,638
2021	$222,350	$182,088	$337,155	$40,262
2020	$163,060	$51,991	$474,672	$111,069

Presbyterian Village - North