PRESCOTT CHARITIES INC (EIN 860553428) - 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

1974

Legal Domicile

Principal Officer

GEORGIA W MCGEE

Phone

9287139940

Tax Period

2024-01-01 to 2024-12-31

PRESCOTT CHARITIES INC, founded in 1974, is a small nonprofit that reported $204K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $81K, a strong 39% operating margin.

Mission

OUR MISSION IS TO PROVIDE FACILITIES TO NEEDY CHARITIES OPERATING IN PRESCOTT AND PRESCOTT VALLEY, ARIZONA. WE BUILD OR ACQUIRE FACILITIES AT REDUCED COSTS OR REDUCED MORTGAGE RATES DUE TO COMMUNITY SUPPORT.

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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 $10,221

Program Service Revenue $78,000

Investment Income $116,253

Other Revenue $0

TOTAL REVENUE $204,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $104,592

Other Expenses $123,894

TOTAL EXPENSES $123,894

Year-over-Year Comparison

	2024	2023	Change
Revenue	$204,474	$240,006	-0.1%
Expenses	$123,894	$121,597	+0.0%
Net Income	$80,580	$118,409	-0.3%

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

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
BRADLEY NEWMAN	VICE-PRESIDENT	N/A	Director	$0	$0	$0
MICHAEL FANN	VICE PRESIDENT	001.00	Officer	$0	$0	$0
DANIEL RUSING	VICE PRESIDENT	001.00	Officer	$0	$0	$0
JON ATEN	VICE-PRESIDENT	000.50	Officer	$0	$0	$0
GLENN ACKLIN	VICE-PRESIDENT	000.50	Officer	$0	$0	$0
ERIC WILLIAMS	PRESIDENT	003.00	Officer	$0	$0	$0
GEORGIA MCGEE	TREASURER	003.00	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
2024	$204,474	$123,894	$4,461,155	$80,580
2023	$240,006	$121,597	$4,380,575	$118,409
2022	$126,039	$97,219	$4,302,232	$28,820
2021	$521,853	$89,003	$4,233,347	$432,850
2020	$595,194	$68,862	$3,800,496	$526,332

PRESCOTT CHARITIES INC