PRESERVING HOME INC (EIN 561955629) - 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

1995

Legal Domicile

Principal Officer

DAN SARGENT

Phone

9193415980

Tax Period

2024-01-01 to 2024-12-31

PRESERVING HOME INC, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $7.0M in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 27% operating margin.

Mission

WE PROVIDE HOME REPAIR SERVICES TO ENSURE VULNERABLE HOMEOWNERS - INCLUDING SENIORS, INDIVIDUALS WITH DISABILITIES, AND FAMILIES WITH CHILDREN - LIVE IN SAFE HEALTHY HOMES.

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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 $6,930,693

Program Service Revenue $93,726

Investment Income $1,200

Other Revenue $0

TOTAL REVENUE $7,025,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,315,621

Fundraising Expenses $247,060

Program Expenses $4,533,513

Other Expenses $3,835,543

TOTAL EXPENSES $5,151,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,025,619	$3,673,796	+0.9%
Expenses	$5,151,164	$3,356,850	+0.5%
Net Income	$1,874,455	$316,946	+4.9%

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

184

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

$157,204

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG MCNAMARA	PRESIDENT	2.00	Officer Director	$0	$0	$0
ADAM UNDERWOOD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SOBERINA TRAYWICK	SECRETARY	1.00	Officer Director	$0	$0	$0
LAUREN JOYCE	TREASURER	1.00	Officer Director	$0	$0	$0
MELANIE MORESCHI	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL PERRY	DIRECTOR	1.00	Director	$0	$0	$0
SHELLY MCPHATTER	DIRECTOR	1.00	Director	$0	$0	$0
TODD REIDER	DIRECTOR	1.00	Director	$0	$0	$0
DAN CROSLEY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE TRAINOR	DIRECTOR	1.00	Director	$0	$0	$0
DAN SARGENT	EXECUTIVE DIRECTOR	40.00	Officer	$145,651	$11,553	$157,204

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	$7,025,619	$5,151,164	$3,503,391	$1,874,455
2023	$3,673,796	$3,356,850	$1,437,766	$316,946
2022	$2,952,255	$3,053,665	$1,043,274	$-101,410
2021	$2,781,755	$2,377,643	$784,092	$404,112
2020	$1,454,825	$1,622,922	$453,272	$-168,097
2019	$1,574,592	$1,308,916	$330,259	$265,676
2018	$906,125	$926,542	$270,514	$-20,417

PRESERVING HOME INC