PORT CITIES RESCUE MISSION (EIN 760187348) - 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

1984

Legal Domicile

Principal Officer

PASTOR KURT WASHINGTON

Phone

4099820202

Tax Period

2024-01-01 to 2024-12-31

PORT CITIES RESCUE MISSION, founded in 1984, is a small nonprofit that reported $211K in total revenue in fiscal year 2024. Net assets of $1.3M represent 77 months of operating reserves.

Mission

TO RESCUE THE POOR, HUNGRY AND HOMELESS OF THE GOLDEN TRIANGLE COMMUNITIES BY RENDERING RECOVERY.

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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 $145,866

Program Service Revenue $64,897

Investment Income $5

Other Revenue $0

TOTAL REVENUE $210,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,586

Fundraising Expenses $0

Program Expenses $184,516

Other Expenses $177,287

TOTAL EXPENSES $204,873

Year-over-Year Comparison

	2024	2023	Change
Revenue	$210,768	N/A	N/A
Expenses	$204,873	N/A	N/A
Net Income	$5,895	$0	N/A

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

$8,340

Total Directors

$8,340

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PASTOR KURT WASHINGTON	PRESIDENT	20.00	Officer Director	$0	$0	$0
WILFORD MALVEAUX	DIRECTOR	0.00	Director	$0	$0	$0
RONALD JOHNSON	OFFICER	0.00	Officer Director	$0	$0	$0
JAMES MOORE	DIRECTOR	0.00	Director	$0	$0	$0
ERIC P GUIDRY	DIRECTOR	0.00	Director	$0	$0	$0
DEBRA F PHILLIPS	SECRETARY	27.00	Officer Director	$8,340	$0	$8,340

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	$210,768	$204,873	$1,428,157	$5,895
2023	$127,901	$212,730	$1,385,470	$-84,829
2022	$109,000	$168,565	$1,467,556	$-59,565

PORT CITIES RESCUE MISSION