Power Safe Place Resource Center of Virginia (EIN 844606674) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

Mya Power

Phone

5406836792

Tax Period

2024-01-01 to 2024-12-31

Power Safe Place Resource Center of Virginia, founded in 2022, is a small nonprofit in the Human Services sector that reported $467K in total revenue in fiscal year 2022. The organization ran a surplus of $376K, a strong 80% operating margin.

Mission

Provide direct charitable services to the homeless and underrepresented LGBTQIA community in rural Virginia.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,103

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $52,103

Expense Breakdown

Grants Paid $22,806

Salaries & Benefits $159,072

Fundraising Expenses $0

Program Expenses $198,268

Other Expenses $99,586

TOTAL EXPENSES $281,464

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,103	$210,475	-0.8%
Expenses	$281,464	$218,148	+0.3%
Net Income	$-229,361	$-7,673	+28.9%

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

N/A

Employees

Volunteers

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

$110,340

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mya Power	Executive Director	40.00	Director	$64,150	$0	$64,150
Kennedy Power	Director of Programs	40.00	Director	$46,190	$0	$46,190
Andre Strickland	Secretary	1.00	Officer	$0	$0	$0
Kisha Anderson	Treasurer	1.00	Officer	$0	$0	$0
Jamie Clem	Board Member	1.00	Key Emp	$0	$0	$0
Lance Jones	Co-Chair	1.00	Officer	$0	$0	$0
Quantrell Smith	Chair	1.00	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
2025	No data	No data	No data	No data
2024	$52,103	$281,464	$139,696	$-229,361
2023	$210,475	$218,148	$369,919	$-7,673
2022	$467,355	$91,718	$377,591	$375,637

Power Safe Place Resource Center of Virginia