MIDLAND PARKER PLACE INC

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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

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. The housing is subsidized by US Department of HUD.

Program Service Accomplishments

Program 1

Expenses: $250,058 Revenue: $141,834

40 UNITS OF ONE BEDROOOM APARTMENTS FOR LOW INCOME 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%)

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

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