Petersburg, VA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)PPL Development Co Inc, founded in 2013, is a small nonprofit in the Education sector that reported $130K in total revenue in fiscal year 2018. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $856K exceeded revenue, resulting in a 557% operating deficit.
To acquire and hold title to property to be used as a public library for the City of Petersburg, Virginia, developing such property as a library, leasing such a library and collecting income therefrom, and turning over the entirety of such income, less expenses, to the Petersburg Library Foundation, Inc. (PLF), a non profit corporation exempt under section 501 (c)(3) of the Code; supporting the mission, programs, and efforts of PLF in respect of the development, use and operation of such library; and engaging in any other lawful acts or activities for which corporations may be organized under Virginia Non-Stock Corporation Act necessary to satisfy the foregoing purposes.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $137,000 | $377,000 | -0.6% |
| Expenses | $456,699 | $471,426 | 0.0% |
| Net Income | $-319,699 | $-94,426 | +2.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Wayne M Crocker | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert C Walker | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| March Altman | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| F Heath Myers Jr | Secretary/Treas | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $137,000 | $456,699 | $10,859,575 | $-319,699 |
| 2022 | $377,000 | $471,426 | $11,298,646 | $-94,426 |
| 2021 | $2,232,741 | $497,023 | $11,692,269 | $1,735,718 |
| 2020 | $12,026,460 | $723,331 | $9,683,566 | $11,303,129 |
| 2019 | $211,403 | $818,700 | $10,362,457 | $-607,297 |
| 2018 | $130,317 | $855,758 | $10,969,755 | $-725,441 |
Compare PPL Development Co Inc with other nonprofits in Virginia and across the country.