The Palms Estates of Highlands County Inc (EIN 592412625) - 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

1959

Legal Domicile

Phone

8636551909

Tax Period

2025-01-01 to 2025-12-31

The Palms Estates of Highlands County Inc, founded in 1959, is a small nonprofit that reported $454K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

To provide a safe and healthy Christian community for senior citizens

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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 (2025)

Revenue Breakdown

Contributions & Grants $17,588

Program Service Revenue $423,399

Investment Income $12,723

Other Revenue $0

TOTAL REVENUE $453,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $135,619

Fundraising Expenses $0

Program Expenses $355,326

Other Expenses $331,754

TOTAL EXPENSES $467,373

Year-over-Year Comparison

	2025	2024	Change
Revenue	$453,710	$407,349	+0.1%
Expenses	$467,373	$416,788	+0.1%
Net Income	$-13,663	$-9,439	+0.4%

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

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
Larry Esworthy	President	2	Officer Director	$0	$0	$0
Alfred Growth	1st Vice President	2	Officer Director	$0	$0	$0
Ron Combs	2nd Vice President	2	Officer Director	$0	$0	$0
Karen Cupper	Secretary	2	Officer Director	$0	$0	$0
Jerry Moore	Treasurer	2	Officer Director	$0	$0	$0
Pam Collins	Board Member	2		$0	$0	$0
Kelly Fisher	Board Member	2		$0	$0	$0
Debra Gibson	Board Member	2		$0	$0	$0
Bob Martin	Board Member	2		$0	$0	$0
Harold Cornell	Board Member	2		$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
2025	$453,710	$467,373	$741,992	$-13,663
2024	$407,349	$416,788	$763,471	$-9,439
2023	$402,533	$384,114	$775,175	$18,419
2022	$350,763	$360,864	$764,655	$-10,101
2021	$375,002	$333,042	$942,591	$41,960
2020	$362,974	$307,709	$809,133	$55,265
2019	$351,739	$284,189	$762,941	$67,550

The Palms Estates of Highlands County Inc