Palisades Village

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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

2007

Legal Domicile

Principal Officer

Erica Blanton

Phone

2022443310

Tax Period

2024-01-01 to 2024-12-31

Palisades Village, founded in 2007, is a small nonprofit in the Human Services sector that reported $413K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $165K, a strong 40% operating margin.

Mission

Provide meaningful services and activities to promote independence, physical and mental health, safety social engagment, education, and cultural enrichment of its older residents in NW Washington, DC.

Program Service Accomplishments

Program 1

Expenses: $141,671 Revenue: $0

Direct member services - Through its network of 260 volunteers, Palisades Village provided 1,567 services to its members in 2024. These services reflected 1,223 volunteer hours and included medical and general transportation, home visits, food deliveries, referrals for repairs and other services, shopping, yard work, technical assistance, and household chores. The Village also provided 11 hours of professional case management services to members who were experiencing medical or mental health issues. Volunteers also provided support services totaling 5,527 hours that included support for the office, such as data collection, answering phones, and planning and executing social and cultural events and the annual house tour and art show.

Program 2

Expenses: $43,898 Revenue: $0

Events - There were 28 social events in 2024 with 804 attendees and 40 informational programs and author talks with 427 attendees. Book club, foreign policy discussion groups, planner groups, mindful knitting groups and eye-to-eye support groups totaled 472 participants. Wellness activities including fitness, yoga, pickleball, a walking group and golf outings had 1,286 participants. Most events are in person.

Program 3

Expenses: $13,967 Revenue: $0

Community events - Activities open to the community at large. Activities include distribution of free masks and covid tests and vaccination clinics (including transportation if needed). Updates on...

Community events - Activities open to the community at large. Activities include distribution of free masks and covid tests and vaccination clinics (including transportation if needed). Updates on vaccinations and CDC and DC goverment guidelines are included in the Villages weekly newsletters. Participation in the Community 4th of July parade and DC Villages kick-off. Sponsored a community holiday sing-a-long, and art show and the 10th annual House Tour. These events involved 722 participants.

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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 $342,844

Program Service Revenue $0

Investment Income $32,207

Other Revenue $37,954

TOTAL REVENUE $413,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,404

Fundraising Expenses $10,802

Program Expenses $199,536

Other Expenses $79,215

TOTAL EXPENSES $247,619

Year-over-Year Comparison

	2024	2023	Change
Revenue	$413,005	$314,323	+0.3%
Expenses	$247,619	$145,873	+0.7%
Net Income	$165,386	$168,450	0.0%

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

260

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

$80,220

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nephelie Andonyadis	President	10.00	Officer Director	$0	$0	$0
Char Mollison	Vice President	10.00	Officer Director	$0	$0	$0
Sue Bowers	Secretary	10.00	Officer Director	$0	$0	$0
Ellen Myerberg	Treasurer	10.00	Officer	$0	$0	$0
Luz Benito	Director	5.00	Director	$0	$0	$0
Elaine Bole	Director	5.00	Director	$0	$0	$0
Job Dittberner	Director	5.00	Director	$0	$0	$0
John Hays	Director	5.00	Director	$0	$0	$0
William Iverson	Director	5.00	Director	$0	$0	$0
Charles Lanman	Director	5.00	Director	$0	$0	$0
Greg Mize	Director	5.00	Director	$0	$0	$0
Mike Sandifer	Director	5.00	Director	$0	$0	$0
Ellen Thrasher	Director	5.00	Director	$0	$0	$0
Erica Blanton	Executive Director	40.00	Key Emp	$80,220	$0	$80,220

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	$413,005	$247,619	$972,085	$165,386
2023	$314,323	$238,743	$868,777	$75,580
2022	$258,825	$190,399	$794,810	$68,426
2021	$251,393	$196,674	$674,785	$54,719
2020	$240,493	$200,340	$637,364	$40,153