Greater Palm River Point Community Development Corporation

EIN: 593441012 501(c)(3) Community Improvement

Tampa, FL

Total Revenue
$264,711
Total Expenses
$266,665
Total Assets
$47,014
Net Assets
$27,696
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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
1996
Legal Domicile
FL
Principal Officer
Tony Altman
Phone
8136289179
Tax Period
2024-10-01 to 2025-09-30

Greater Palm River Point Community Development Corporation, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $265K in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum.

Mission

To build a better community for residents in the Greater Palm River area by investing in people through networks of creative and committed partners.

Program Service Accomplishments

Program 1
Expenses: $195,849 Revenue: $0

In 2025, we served over 5,000 children and family members. This is inclusive of our daily walk-in services, our 3 big annual community events, as well as us hosting 2 annual events for a partner...

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In 2025, we served over 5,000 children and family members. This is inclusive of our daily walk-in services, our 3 big annual community events, as well as us hosting 2 annual events for a partner agency.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $264,711
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $264,711

Expense Breakdown

Grants Paid $0
Salaries & Benefits $155,154
Fundraising Expenses $20,702
Program Expenses $195,849
Other Expenses $111,511
TOTAL EXPENSES $266,665

Year-over-Year Comparison

2024 2023 Change
Revenue $264,711 $128,346 +1.1%
Expenses $266,665 $165,398 +0.6%
Net Income $-1,954 $-37,052 -0.9%
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

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Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
11

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
5
$78,575
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pastor Aaron Harris Board Member 1.00
Director
$0 $0 $0
Marcia McKingley Board Member 1.00
Director
$0 $0 $0
Pat Odor Board Member 1.00
Director
$0 $0 $0
Barbie Tufts Board Member 1.00
Director
$0 $0 $0
Valerie Wilkerson Board Member 1.00
Director
$0 $0 $0
Brad Monroe Chairman 1.00
Officer Director
$0 $0 $0
Patricia Pearson Vice Chairman 1.00
Officer Director
$0 $0 $0
Mike McNabb Treasurer 1.00
Officer Director
$0 $0 $0
Joe Gross Secretary 1.00
Officer Director
$0 $0 $0
Tony Altman Executive Director 40.00
Officer
$78,575 $0 $78,575
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 $264,711 $266,665 $47,014 $-1,954
2024 $128,346 $165,398 $41,640 $-37,052
2023 $198,043 $177,153 $81,454 $20,890
2022 $418,805 $423,932 $56,261 $-5,127
2021 $65,280 $273,121 $87,059 $-207,841
2020 $265,626 $255,586 $296,016 $10,040
2019 $322,050 $252,560 $257,966 $69,490
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