THE PALMS FOUNDATION OF SEBRING INC (EIN 593032441) - 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

1990

Legal Domicile

Principal Officer

PAUL STAIK

Phone

8638733830

Tax Period

2025-01-01 to 2025-12-31

THE PALMS FOUNDATION OF SEBRING INC, founded in 1990, is a micro nonprofit in the Housing & Shelter sector that reported $60K in total revenue in fiscal year 2025. Revenue surged 32% from the prior year, signaling strong growth momentum. Net assets of $1.8M represent 362 months of operating reserves.

Mission

TO PROVIDE SUPPORT FOR THE BENEFIT OF BOTH INDIVIDUALS AND GROUPS AGE 60 OR OLDER FOR THE PURPOSE OF LIFE ENHANCEMENT

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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 $900

Program Service Revenue $0

Investment Income $53,289

Other Revenue $6,277

TOTAL REVENUE $60,466

Expense Breakdown

Grants Paid $50,933

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,142

Other Expenses $14,643

TOTAL EXPENSES $65,576

Year-over-Year Comparison

	2025	2024	Change
Revenue	$60,466	$45,646	+0.3%
Expenses	$65,576	$49,673	+0.3%
Net Income	$-5,110	$-4,027	+0.3%

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

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
PAUL STAIK	PRESIDENT	1.00	Officer Director	$0	$0	$0
APRIL D COOPER	TREASURER	1.00	Officer Director	$0	$0	$0
MARY MARGARET STAIK	SECRETARY	1.00	Officer Director	$0	$0	$0
JERRY WHIDDEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BARBARA KESSELRING	ASSISTANT SECRETARY	1.00	Officer Director	$0	$0	$0
JULIA MERCER	DIRECTOR	0.50	Director	$0	$0	$0
AMY OHERN	DIRECTOR	0.50	Director	$0	$0	$0
ASHLEY STEFFNER	DIRECTOR	0.50	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
2025	$60,466	$65,576	$1,822,136	$-5,110
2024	$45,646	$49,673	$1,719,604	$-4,027
2023	$38,312	$60,575	$1,620,157	$-22,263
2022	$33,421	$26,586	$1,483,243	$6,835
2021	$29,296	$39,133	$1,787,729	$-9,837
2020	$51,508	$57,927	$1,607,108	$-6,419
2019	$57,561	$34,538	$1,435,668	$23,023
2018	$52,934	$43,918	$1,191,281	$9,016

THE PALMS FOUNDATION OF SEBRING INC