PENINSULA HOUSING DEVELOPMENT INC IX (EIN 650650912) - 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

1995

Legal Domicile

Principal Officer

GUARIONE M DIAZ

Phone

3056423634

Tax Period

2024-04-01 to 2025-03-31

PENINSULA HOUSING DEVELOPMENT INC IX, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $623K in total revenue in fiscal year 2024. Expenses of $888K exceeded revenue, resulting in a 42% operating deficit.

Mission

PENINSULA HOUSING DEVELOPMENT, INC. IX IS A NONPROFIT ORGANIZATION INCORPORATED UNDER THE LAWS AND STATUTES OF THE STATE OF FLORIDA FOR THE PURPOSE OF DEVELOPING, OWNING AND OPERATING A HUD 202 PROJECT WHICH PROVIDES AFFORDABLE HOUSING FACILITIES TO THE ELDERLY PERSONS.

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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 $0

Program Service Revenue $340,547

Investment Income $2,241

Other Revenue $280,126

TOTAL REVENUE $622,914

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,662

Fundraising Expenses $0

Program Expenses $884,726

Other Expenses $765,968

TOTAL EXPENSES $887,630

Year-over-Year Comparison

	2024	2023	Change
Revenue	$622,914	$586,002	+0.1%
Expenses	$887,630	$848,926	+0.0%
Net Income	$-264,716	$-262,924	+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

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

$248,353

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GUARIONE M DIAZ	PRESIDENT	2.00	Officer	$0	$16,596	$112,863
SERGIO MASVIDAL	SECRETARY	1.00	Officer	$0	$0	$0
RAQUEL C SWITZER	TREASURER	1.00	Officer	$0	$0	$0
MARTA NAVARRO	DIRECTOR	1.00	Officer	$0	$16,823	$135,490
WILFREDO ALLEN	DIRECTOR	1.00	Officer	$0	$0	$0
GLADYS BARREIRO	DIRECTOR	1.00	Officer	$0	$0	$0
NOEL CUBELA	DIRECTOR	1.00	Officer	$0	$0	$0
LUIS FERNANDEZ	DIRECTOR	1.00	Officer	$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	$622,914	$887,630	$8,532,255	$-264,716
2024	$586,002	$848,926	$8,818,519	$-262,924
2023	$501,894	$841,369	$9,081,033	$-339,475
2022	$485,041	$825,496	$9,403,431	$-340,455
2021	$465,923	$722,985	$9,683,909	$-257,062
2020	$519,880	$750,751	$9,982,427	$-230,871
2019	$451,129	$709,482	$10,199,685	$-258,353

PENINSULA HOUSING DEVELOPMENT INC IX