PRESTON HOMES II INC (EIN 471619501) - 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

2014

Legal Domicile

Principal Officer

BRANDIE PRESTON

Phone

4195311200

Tax Period

2024-01-01 to 2024-12-31

PRESTON HOMES II INC, founded in 2014, is a small nonprofit in the Mental Health sector that reported $392K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $71K, a strong 18% operating margin.

Mission

OUR MISSION IS TO OFFER EXCELLENT AND AFFORDABLE HOME HEALTH CARE AND COMMUNITY BASED SUPPORT TO HOMELESS VETERANS AND OTHER DEPRIVED INDIVIDUALS AND FAMILIES OF NW OHIO.

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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 $392,389

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $392,389

Expense Breakdown

Grants Paid $0

Salaries & Benefits $203,691

Fundraising Expenses $0

Program Expenses $321,409

Other Expenses $117,718

TOTAL EXPENSES $321,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$392,389	$281,478	+0.4%
Expenses	$321,409	$319,689	+0.0%
Net Income	$70,980	$-38,211	-2.9%

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

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

$138,346

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDIE PRESTON	PRESIDENT	50.00	Officer	$72,000	$0	$72,000
DEBORAH PRESTON	VICE PRESIDE	40.00	Officer	$66,346	$0	$66,346

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	$392,389	$321,409	$363,203	$70,980
2023	$188,145	$319,689	$329,733	$-131,544
2023	$281,478	$319,689	$329,733	$-38,211
2022	$84,070	$216,731	$179,525	$-132,661
2020	$111,314	$182,542	$111,314	$-71,228
2019	$202,649	$160,421	$202,649	$42,228
2018	$91,565	$163,940	$102,503	$-72,375

PRESTON HOMES II INC