PEACE RIVER CENTER PROPERTIES II INC (EIN 475593872) - 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

2015

Legal Domicile

Principal Officer

LARRY G WILLIAMS

Phone

8635190575

Tax Period

2022-07-01 to 2023-06-30

PEACE RIVER CENTER PROPERTIES II INC, founded in 2015, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2022. Revenue surged 1100% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 7% surplus.

Mission

TO CONSTRUCT, OWN AND OPERATE OR CONTRACT TO OPERATE A CRISIS CAMPUS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $126,770

Investment Income $0

Other Revenue $1,698,145

TOTAL REVENUE $1,824,915

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,703,805

TOTAL EXPENSES $1,703,805

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,824,915	$152,124	+11.0%
Expenses	$1,703,805	$336,976	+4.1%
Net Income	$121,110	$-184,852	-1.7%

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

N/A

Independent Members

N/A

Employees

N/A

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

$362,743

Total Directors

$362,743

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY G WILLIAMS	PRESIDENT/SECRETARY (THRU. 04/23)	2.00	Officer Director	$0	$724	$145,555
DAVID TOURNADE	VP/TREASURER (THRU. 04/23)	2.00	Officer Director	$0	$22,151	$217,188
MICHAEL MICALLEF	CHAIR (THRU. 04/23)	2.00	Officer Director	$0	$0	$0
PETER GOLOTKO	DIRECTOR (THRU. 04/23)	2.00	Director	$0	$0	$0
MARY KAY LANGFORD	DIRECTOR (THRU. 04/23)	2.00	Director	$0	$0	$0
BRUNO DEZAYAS	DIRECTOR (THRU. 04/23)	2.00	Director	$0	$0	$0
ROBERT BODOLAY	DIRECTOR (THRU. 04/23)	2.00	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
2023	$1,824,915	$1,703,805	No data	$121,110
2022	$152,124	$336,976	$5,055,656	$-184,852
2021	$149,340	$376,123	$5,305,634	$-226,783
2020	$146,604	$375,874	$5,566,624	$-229,270
2019	$141,300	$385,046	$5,836,356	$-243,746
2018	$70,000	$228,980	$6,167,210	$-158,980

PEACE RIVER CENTER PROPERTIES II INC