Potomac Area Hostels (EIN 851246031) - 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

2020

Legal Domicile

Principal Officer

John Russell

Tax Period

2023-01-01 to 2023-12-31

Potomac Area Hostels, founded in 2020, is a small nonprofit that reported $117K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $160K exceeded revenue, resulting in a 37% operating deficit.

Mission

The organization's mission is to continue to foster cultural understanding and appreciation of nature through educational travel through workshops and programs. Plans to extend programs at our Richmond location to emphasize educational travel and cultural diversity with workshops, programs working with the local population and other organizations.

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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 $21,000

Program Service Revenue $95,488

Investment Income $60

Other Revenue $0

TOTAL REVENUE $116,548

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,372

Fundraising Expenses $0

Program Expenses $140,782

Other Expenses $130,134

TOTAL EXPENSES $159,506

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,548	$63,845	+0.8%
Expenses	$159,506	$147,215	+0.1%
Net Income	$-42,958	$-83,370	-0.5%

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

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

$5,710

Total Directors

$5,710

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Holly Harness	Treasurer	20.00	Officer Director	$5,710	$0	$5,710
John Russell	President	5.00	Officer Director	$0	$0	$0
Henry Wixon	Secretary	10.00	Officer Director	$0	$0	$0
Norbert Pink	Director	5.00	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	$116,548	$159,506	$2,063,904	$-42,958
2022	$63,845	$147,215	$2,106,862	$-83,370
2021	$1,921,438	$63,137	$2,190,232	$1,858,301
2020	$342,164	$329,619	$331,931	$12,545

Potomac Area Hostels