PALISADES COMMUNITY ASSOCIATION (EIN 520040356) - 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

1958

Legal Domicile

Principal Officer

JESSICA DAVIS

Tax Period

2023-10-01 to 2024-09-30

PALISADES COMMUNITY ASSOCIATION, founded in 1958, is a small nonprofit that reported $276K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

THE PALISADES COMMUNITY ASSOCIATION INITIATES IMPORTANT PROJECTS AND ADDRESSES ISSUES THAT AFFECT THE PALISADES COMMUNITY IN WASHINGTON, DC. THE ASSOCIATION MAY TAKE ACTION ON LOCAL GOVERNMENTAL MEASURES AND POLICIES IN THE PUBLIC INTEREST. THE ASSOCIATION IS NON-PARTISAN AND NON-SECRETARIAN.

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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 $157,282

Program Service Revenue $118,431

Investment Income $0

Other Revenue $401

TOTAL REVENUE $276,114

Expense Breakdown

Grants Paid $71,860

Salaries & Benefits $49,747

Fundraising Expenses $0

Program Expenses $188,820

Other Expenses $177,701

TOTAL EXPENSES $299,308

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,114	$301,909	-0.1%
Expenses	$299,308	$291,343	+0.0%
Net Income	$-23,194	$10,566	-3.2%

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

160

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
JESSICA DAVIS	PRESIDENT	2.00	Director	$0	$0	$0
KATE KEGAN	1ST VICE PRE	2.00	Director	$0	$0	$0
CASEY DENOYER	2ND VICE PRE	2.00	Director	$0	$0	$0
KAREN SCHAAR	SECRETARY	2.00	Director	$0	$0	$0
STEPHEN GARDNER	GENERAL COUN	2.00	Director	$0	$0	$0
ALISON KINNAHAN	TREASURER	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
2024	$276,114	$299,308	$128,849	$-23,194
2023	$301,909	$291,343	$157,894	$10,566
2022	$262,993	$248,917	$147,328	$14,076

PALISADES COMMUNITY ASSOCIATION