ST JAMES RESIDENCE OF THE PALM BEACHES (EIN 591847497) - 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

1981

Legal Domicile

Principal Officer

REV PAUL RASMUS

Phone

2059331020

Tax Period

2021-01-01 to 2021-12-31

ST JAMES RESIDENCE OF THE PALM BEACHES, founded in 1981, is a mid-sized nonprofit that reported $38.1M in total revenue in fiscal year 2021. Revenue surged 1588% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,475,939

Investment Income $36,628,157

Other Revenue $0

TOTAL REVENUE $38,104,096

Expense Breakdown

Grants Paid $39,462,515

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,481,606

Other Expenses $1,141,488

TOTAL EXPENSES $40,604,003

Year-over-Year Comparison

	2021	2020	Change
Revenue	$38,104,096	$2,257,110	+15.9%
Expenses	$40,604,003	$1,640,800	+23.7%
Net Income	$-2,499,907	$616,310	-5.1%

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	Role	Reportable Comp	Other Comp	Total
RICHARD ALDRICH	BOARD MEMBER	Director	$0	$0	$0
PETER WRONSKY	BOARD MEMBER	Officer Director	$0	$0	$0
JOHN RICHARDS	BOARD MEMBER	Director	$0	$0	$0
BILL HURD	BOARD MEMBER	Director	$0	$0	$0
MARTHA JONES-WHITE	BOARD MEMBER	Officer Director	$0	$0	$0
BISHOP PETER EATON	BOARD MEMBER	Officer Director	$0	$0	$0
BRENT MURRAY	BOARD MEMBER	Director	$0	$0	$0
REV PAUL RASMUS	BOARD MEMBER	Officer Director	$0	$0	$0
STEPHEN BORUFF	BOARD MEMBER	Director	$0	$0	$0
JOHN TIDY	BOARD MEMBER	Director	$0	$0	$0
DANNY SNEADE	BOARD MEMBER	Director	$0	$0	$0
CHARLES JOHNSON	BOARD MEMBER	Director	$0	$0	$0
TOM HUSTON	BOARD MEMBER	Director	$0	$0	$0
ANNE LEE	BOARD MEMBER	Director	$0	$0	$0
TIM MEYERSON	BOARD MEMBER	Director	$0	$0	$0
TIM HUSTON	BOARD MEMBER	Director	$0	$0	$0
EVERTT NEELY	BOARD MEMBER	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
2021	$38,104,096	$40,604,003	$94,288	$-2,499,907
2020	$2,257,110	$1,640,800	$3,098,948	$616,310
2019	$2,204,891	$1,811,214	$2,956,887	$393,677

ST JAMES RESIDENCE OF THE PALM BEACHES