PRESERVATION COMMUNITIES INC

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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

BERNARD DEASY

Phone

3108026674

Tax Period

2022-01-01 to 2022-12-31

PRESERVATION COMMUNITIES INC, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $662K in total revenue in fiscal year 2022. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $628K, a strong 95% operating margin.

Mission

THIS ORGANIZATION PURPOSE IS TO FOSTER HOUSING FOR LOW-INCOME INDIVIDUALS FOCUSING ON THE ACQUISITION, PRESERVATION, AND REHABILITATION OF EXISITING HOUSING PROPERTIES PROVIDING DIRECT RENTAL ASSISTANCE TO "VERY LOW INCOME" HOUSEHOLDS.

Program Service Accomplishments

Program 1

Expenses: $33,755 Revenue: $632,193

THIS ORGANIZATION PURPOSE IS TO FOSTER HOUSING FOR LOW-INCOME INDIVIDUALS FOCUSING ON THE ACQUISITION, PRESERVATION, AND REHABILITATION OF EXISITING HOUSING PROPERTIES PROVIDING DIRECT RENTAL...

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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 $661,918

Investment Income $0

Other Revenue $0

TOTAL REVENUE $661,918

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,755

Other Expenses $33,755

TOTAL EXPENSES $33,755

Year-over-Year Comparison

	2022	2021	Change
Revenue	$661,918	$318,451	+1.1%
Expenses	$33,755	$75	+449.1%
Net Income	$628,163	$318,376	+1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERNARD DEASY	PRESIDENT	1.00	Officer Director	$0	$0	$0
JACQUELINE RAMOS	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN SMYDA	SECRETARY	1.00	Officer 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
2022	$661,918	$33,755	$2,651,615	$628,163
2021	$318,451	$75	$1,701,770	$318,376
2020	$924,241	$795,532	$1,383,394	$128,709
2019	$175,251	$250	$459,143	$175,001