PRESBYTERIAN SERVICE CENTER INC

EIN: 741503918 501(c)(3) Human Services

HOUSTON, TX

Total Revenue
$69,640
Total Expenses
$54,710
Total Assets
$1,586,595
Net Assets
$1,581,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
TX
Principal Officer
SUSANNA PRICE
Phone
5042201773
Tax Period
2024-08-01 to 2025-07-31

PRESBYTERIAN SERVICE CENTER INC, founded in 1957, is a micro nonprofit in the Human Services sector that reported $70K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $15K, a strong 21% operating margin.

Mission

PROVIDE AFFORDABLE HOUSING FOR THE MOBILITY IMPARED AND/OR LOW-INCOME SENIORS, 65 YEARS OLD AND OLDER.

Program Service Accomplishments

Program 1
Expenses: $27,572 Revenue: $0

MAINTAIN SAFE, ACCESSIBLE, AND AFFORDABLE HOUSING FOR LOW-INCOME SENIORS AND OTHER MOBILITY IMPAIRED PEOPLE. THIS INCLUDES PLUMBING, ELECTRICAL, HVAC, AND BUILDING MAINTENANCE AND REPAIRS. SINCE THE...

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MAINTAIN SAFE, ACCESSIBLE, AND AFFORDABLE HOUSING FOR LOW-INCOME SENIORS AND OTHER MOBILITY IMPAIRED PEOPLE. THIS INCLUDES PLUMBING, ELECTRICAL, HVAC, AND BUILDING MAINTENANCE AND REPAIRS. SINCE THE PROPERTY IS OVER FIVE ACRES WITH LARGE TREES MAINTENANCE OF THE GRASS (CUTTING) AND TREES (TRIM AND REMOVE FALLEN TREES AND LIMBS) IS INCLUDED. WE ARE CURRENTLY PAYING OFF A LOAN THAT WAS TAKEN OUT TO PAY FOR A MAJOR WATER PIPE REPAIR THAT OCCURED TWO YEARS AGO. THE ENTITY HIRED A MANAGEMENT COMPANY (VOLUNTEERS OF AMERICA) TO MANAGE THE PROPERTY AND PROVIDE MAINTENANCE SERVICES. VOA SUBCONTRACTED ACCOUNTING SERVICES FOR BILLING AND COLLECTION TO AN OUTSIDE CERTIFIED PUBLIC ACCOUNTANT. FOLDING CHAIRS WERE BOUGHT FOR RESIDENTS TO SIT ON THEIR PATIOS.

Program 2
Expenses: $20,585 Revenue: $0

CARRY INSURANCE ON THE PROPERTIES TO ENSURE THE RESTORATION OF AND AVAILABILITY OF THE RESIDECES IN THE EVENT OF FIRE, STORM OR OTHER DESTRUCTIVE FORCES ON THE PROPERTIES

Program 3
Expenses: $6,277 Revenue: $0

TAXPAYER PAYS FOR WATER, SEWER AND TRASH REMOVAL FOR RESIDENTS. ELECTRICITY FOR EMPTY UNIT IS ALSO PAID.

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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 $12,050
Program Service Revenue $57,590
Investment Income $0
Other Revenue $0
TOTAL REVENUE $69,640

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $54,434
Other Expenses $54,710
TOTAL EXPENSES $54,710

Year-over-Year Comparison

2024 2023 Change
Revenue $69,640 $77,933 -0.1%
Expenses $54,710 $62,476 -0.1%
Net Income $14,930 $15,457 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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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM SCOTT CHAIRMAN 15.00
Officer
$0 $0 $0
RICHARD PRICE VICE CHAIRMAN 10.00
Officer
$0 $0 $0
SUSANNA PRICE TRESURER 15.00
Officer
$0 $0 $0
CAROL FULLER SECRETARY 3.00
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 $69,640 $54,710 $1,586,595 $14,930
2024 $77,933 $62,476 $1,578,324 $15,457
2023 $67,000 $49,584 $1,563,686 $17,416
2022 $75,304 $73,688 $1,555,154 $1,616
2021 $60,259 $45,485 $1,546,789 $14,774
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