PALM COURT SENIOR HOMES INC (EIN 680386802) - 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

1996

Legal Domicile

Principal Officer

JORDAN WELTON

Phone

4152581800

Tax Period

2024-01-01 to 2024-12-31

PALM COURT SENIOR HOMES INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $611K in total revenue in fiscal year 2024. Expenses of $742K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PERFORM THE CHARITABLE FUNCTIONS OF AND CARRY OUT THE CHARITABLE PURPOSES OF EAH INC., A RELATED CALIFORINIA NONPROFIT PUBLIC BENEFIT CORPORATION.

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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 $875

Program Service Revenue $606,169

Investment Income $3,935

Other Revenue $0

TOTAL REVENUE $610,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $742,173

Other Expenses $742,173

TOTAL EXPENSES $742,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$610,979	$569,375	+0.1%
Expenses	$742,173	$1,089,595	-0.3%
Net Income	$-131,194	$-520,220	-0.7%

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

N/A

Employees

N/A

Volunteers

N/A

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

$1,496,868

Total Directors

$1,496,868

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE FLEMING	SECRETARY	0.10	Officer Director	$0	$46,064	$354,634
WELTON JORDAN	PRESIDENT	0.10	Officer Director	$0	$33,719	$468,821
LAURA HALL	VICE PRESIDENT/TREASURER	0.10	Officer Director	$0	$47,351	$673,413

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	$610,979	$742,173	$831,520	$-131,194
2023	$569,375	$1,089,595	$769,470	$-520,220
2022	$34,179	$128,714	$831,534	$-94,535
2021	$27,716	$1,685,235	$831,550	$-1,657,519
2020	$35,593	$259,961	$2,324,027	$-224,368
2019	$890,147	$2,169,833	$2,461,337	$-1,279,686
2018	$456,178	$596,506	$987,223	$-140,328

PALM COURT SENIOR HOMES INC