MIDLAND PARKER PLACE INC

EIN: 752639726 501(c)(3) Housing & Shelter

MIDLAND, TX

Total Revenue
$209,886
Total Expenses
$291,854
Total Assets
$660,790
Net Assets
$-1,290,065
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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
1997
Legal Domicile
TX
Principal Officer
Charlene Romero McBride
Phone
4325706694
Tax Period
2023-01-01 to 2023-12-31

MIDLAND PARKER PLACE INC, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $210K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $292K exceeded revenue, resulting in a 39% operating deficit.

Mission

We provide subsidized housing for the Elderly. We have 40 one bedroom apartments for elderly age 62 and over.

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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 (2023)

Revenue Breakdown

Contributions & Grants $68,052
Program Service Revenue $89,055
Investment Income $786
Other Revenue $51,993
TOTAL REVENUE $209,886

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,893
Fundraising Expenses $0
Program Expenses $250,058
Other Expenses $258,961
TOTAL EXPENSES $291,854

Year-over-Year Comparison

2023 2022 Change
Revenue $209,886 $278,807 -0.2%
Expenses $291,854 $313,207 -0.1%
Net Income $-81,968 $-34,400 +1.4%
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
2
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
4
$0
Total Directors
8
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charlene Romero McBride President 001.00
Officer Director
$0 $0 $0
David Diaz Member 001.00
Officer Director
$0 $0 $0
Maribel Estrella ED 030.00
Director Key Emp Highest
$0 $0 $0
Rachel Stone Secretary 001.00
Director
$0 $0 $0
Rev Billy Ashley Member 001.00
Officer Director
$0 $0 $0
Jody Sneed Treasure 001.00
Officer Director
$0 $0 $0
Ricardo Torres Member 001.00
Director
$0 $0 $0
Adrian Urquidi Member 001.00
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 No data No data No data No data
2023 $209,886 $291,854 $660,790 $-81,968
2022 $278,807 $313,207 $741,966 $-34,400
2021 $202,741 $279,091 $771,306 $-76,350
2020 $351,733 $270,332 $852,548 $81,401
2019 $194,543 $289,002 $770,270 $-94,459
2018 $151,243 $218,445 $766,063 $-67,202
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