HOMELESS COALITION OF PALM BEACH COUNTY INC (EIN 650125852) - 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

1988

Legal Domicile

Principal Officer

CHRISTIAN BERGSTROM

Phone

5613554764

Tax Period

2023-10-01 to 2024-09-30

HOMELESS COALITION OF PALM BEACH COUNTY INC, founded in 1988, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2023. The organization ran a surplus of $1.4M, a strong 54% operating margin.

Mission

PROVIDING SUFFICIENT RESOURCES TO END HOMELESSNESS THROUGH HOUSING, EDUCATION, ADVOCACY, AND COMMUNITY COLLABORATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,711,248

Program Service Revenue $0

Investment Income $29,278

Other Revenue $-134,135

TOTAL REVENUE $2,606,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $324,846

Fundraising Expenses $98,101

Program Expenses $1,026,810

Other Expenses $867,303

TOTAL EXPENSES $1,192,149

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,606,391	$2,706,152	0.0%
Expenses	$1,192,149	$1,635,089	-0.3%
Net Income	$1,414,242	$1,071,063	+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

Volunteers

548

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

$9,892

Total Directors

$9,892

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTIAN BERGSTROM	PRESIDENT	4.00	Officer Director	$0	$0	$0
PAUL DUMARS	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
DINA D'ANGELO	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
FRANCES FERGUSON	SECRETARY	1.00	Officer Director	$0	$0	$0
SALLY D CHESTER	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES CROWLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
SPERO GEORGEDAKIS	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHELLE LITT	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE OYOLA MCGOVERN	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA MCKINLAY	BOARD MEMBER	1.00	Director	$0	$0	$0
NEIL SCHILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY SMALLRIDGE	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDRE WADE	BOARD MEMBER	1.00	Director	$0	$0	$0
DR TOMARA MAYS	CEO	40.00	Officer Director	$9,892	$0	$9,892
ILAN KAUFER	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEXANDRIA AYALA	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELE POOLE	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANNON DURAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHERINE GRIFFIN	BOARD MEMBER	1.00	Director	$0	$0	$0
VICKI PEST	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF TRYNZ	BOARD MEMBER	1.00	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
2024	$2,606,391	$1,192,149	$1,590,494	$1,414,242
2023	$2,706,152	$1,635,089	$954,839	$1,071,063
2022	$2,533,240	$2,533,450	$891,353	$-210
2021	$2,424,080	$1,245,984	$1,042,751	$1,178,096
2020	$2,019,031	$981,284	$1,020,430	$1,037,747
2020	$2,012,991	$1,014,917	$1,014,389	$998,074
2019	$1,615,032	$902,138	$944,483	$712,894
2018	$946,486	$861,270	$955,576	$85,216

HOMELESS COALITION OF PALM BEACH COUNTY INC