PARADISE VALLEY CULTURAL AND ENTERTAINMENT DISTRICT CONSERVANCY (EIN 822122862) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

RAINY HAMILTON JR

Tax Period

2024-01-01 to 2024-12-31

PARADISE VALLEY CULTURAL AND ENTERTAINMENT DISTRICT CONSERVANCY, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $50K in total revenue in fiscal year 2024. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $264K exceeded revenue, resulting in a 426% operating deficit.

Mission

PRESERVE THE LEGACY OF THE RICH CULTURE AND ENTERPRENEURIAL SPIRIT OF DETROIT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50,250

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $50,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $247,116

Other Expenses $264,312

TOTAL EXPENSES $264,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,250	$222,441	-0.8%
Expenses	$264,312	$43,187	+5.1%
Net Income	$-214,062	$179,254	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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
DENNIS ARCHER JR	PRESIDENT	002.00	Officer Director	$0	$0	$0
RAINY HAMILTON JR	TREASURER	002.00	Officer Director	$0	$0	$0
ROGER BASMAJIAN	SECRETARY	002.00	Officer Director	$0	$0	$0
DAVID HOWELL	CHAIR	002.00	Officer Director	$0	$0	$0
HIRAM JACKSON	MEMBER	002.00	Director	$0	$0	$0
CHARLIE BECKHAM	MEMBER	002.00	Director	$0	$0	$0
MARIA PETRENKO	MEMBER	002.00	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	$50,250	$264,312	$331,760	$-214,062
2023	$222,441	$43,187	$204,746	$179,254

PARADISE VALLEY CULTURAL AND ENTERTAINMENT DISTRICT CONSERVANCY