PRECIOUS GEMS SERVICES INC

EIN: 752635716 501(c)(3)

DALLAS, TX

Total Revenue
$158,371
Total Expenses
$425,340
Total Assets
N/A
Net Assets
N/A
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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
TX
Principal Officer
ALICE PAIGE
Phone
9722245638
Tax Period
2022-01-01 to 2022-12-31

PRECIOUS GEMS SERVICES INC, founded in 1995, is a small nonprofit that reported $158K in total revenue in fiscal year 2022. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $425K exceeded revenue, resulting in a 169% operating deficit.

Mission

PRECIOUS GEMS SERVICES, INC. PROVIDES HOUSING, NUTRIOUS MEALS, SKILLED LABOR AND OTHER LIFE SKILLS TRAINING TO MALE CLIENTS THAT ARE PETTY OFFENDERS AND MENTALLY CHALLANGED INDIVIDUALS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $158,371
Investment Income $0
Other Revenue $0
TOTAL REVENUE $158,371

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,228
Fundraising Expenses $0
Program Expenses $425,340
Other Expenses $364,112
TOTAL EXPENSES $425,340

Year-over-Year Comparison

2022 2021 Change
Revenue $158,371 $257,109 -0.4%
Expenses $425,340 $261,317 +0.6%
Net Income $-266,969 $-4,208 +62.4%
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

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Governance

Voting Members
5
Independent Members
5
Employees
16
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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICE PAIGE EXECUTIVE DIRECTOR 030.00
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
2022 $158,371 $425,340 No data $-266,969
2021 $257,109 $261,317 $266,969 $-4,208
2020 $266,632 $290,567 $271,177 $-23,935
2019 $407,399 $346,108 $295,112 $61,291
2018 $423,509 $436,666 $233,821 $-13,157
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