PAPPALARDO ALTERNATIVE PLACEMENTS INC (EIN 382448808) - 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

1982

Legal Domicile

Principal Officer

PHILLIP A PAPPALARDO

Phone

7345227102

Tax Period

2023-10-01 to 2024-09-30

PAPPALARDO ALTERNATIVE PLACEMENTS INC, founded in 1982, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023.

Mission

TO PROVIDE NON-PROFIT COMMUNITY SUPPORT AND SERVICES TO ADULTS WITH 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,158,990

Investment Income $1,125

Other Revenue $0

TOTAL REVENUE $2,160,115

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,993,798

Fundraising Expenses $0

Program Expenses $2,080,477

Other Expenses $293,372

TOTAL EXPENSES $2,287,170

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,160,115	$2,204,185	0.0%
Expenses	$2,287,170	$2,176,675	+0.1%
Net Income	$-127,055	$27,510	-5.6%

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

$37,700

Total Directors

$37,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FREDERICK C PAPPALARDO	PRESIDENT	0.00	Officer Director	$0	$0	$0
TIMOTHY M TINGSTAD	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
COLLEEN M PAPPALARDO	TREASURER	0.00	Officer Director	$0	$0	$0
PHILLIP A PAPPALARDO	SECRETARY/EXECUTIVE DIRECT	40.00	Officer Director	$37,700	$0	$37,700
DAVID G COULTAS	MEMBER AT LARGE	0.00	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	$2,160,115	$2,287,170	$791,441	$-127,055
2023	$2,204,185	$2,176,675	$915,839	$27,510
2022	$2,220,173	$2,060,854	$991,981	$159,319
2021	$2,331,127	$2,162,806	$789,725	$168,321
2020	$1,951,577	$1,890,181	$612,506	$61,396
2019	$2,014,693	$1,965,535	$522,104	$49,158
2018	$2,058,377	$2,067,267	$545,175	$-8,890

PAPPALARDO ALTERNATIVE PLACEMENTS INC