PEACOCK LEGACY OF HOPE

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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

2021

Legal Domicile

Principal Officer

Michael Ballard

Phone

9792015960

Tax Period

2024-01-01 to 2024-12-31

PEACOCK LEGACY OF HOPE, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $274K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $239K left a modest 13% surplus.

Mission

The Corporation is organized and operated to minister to single mothers by providing (i) Christ-like assistance, care, community, and counseling; (ii) affordable and safe temporary housing; and (iii) church family to help walk through this challenging season of their lives.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

In 2024, the construction program began building two additional duplexes (four housing units) on our property in order to double our capacity. All of the exterior components of these units were...

In 2024, the construction program began building two additional duplexes (four housing units) on our property in order to double our capacity. All of the exterior components of these units were completed by December 2024. Garage enclosures were added to each of the four original housing units. A Storage Building to house equipment and supplies was constructed near the Community Center building. Capital Expenditures were $123,512 in addition to numerous volunteer labor hours.

Program 2

Expenses: $150,230 Revenue: $0

In 2024, the organization provided free housing to 4 single-mother families at one time, and we celebrated the first participant to graduate from our program. In addition to housing, Peacock Legacy...

Program 3

Expenses: $338 Revenue: $0

Each single mom supported by Peacock Legacy of Hope is carefully matched with a Moms Helping Moms (M&M) volunteer, who serves as a dedicated mentor throughout her participation in the program. These mentors play a vital role in fostering self-esteem and identifying the unique needs of each mother we serve. Peacock Legacy of Hope actively engages in goal-setting, career counseling, and addressing educational aspirations, among other personalized needs of the mothers. We utilize free or low-cost community counseling resources to provide optimal support for the mothers involved in our program.

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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 $269,001

Program Service Revenue $0

Investment Income $9,989

Other Revenue $-4,652

TOTAL REVENUE $274,338

Expense Breakdown

Grants Paid $4,892

Salaries & Benefits $136,132

Fundraising Expenses $14,120

Program Expenses $150,568

Other Expenses $98,273

TOTAL EXPENSES $239,297

Year-over-Year Comparison

	2024	2023	Change
Revenue	$274,338	$252,496	+0.1%
Expenses	$239,297	$191,227	+0.3%
Net Income	$35,041	$61,269	-0.4%

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

255

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

$164,705

Total Directors

$282,388

Key Employees

$87,136

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Ballard	President & Director	3	Officer Director	$0	$84,475	$164,705
William Taylor Jr	Director	2	Director	$0	$51,307	$117,683
Jeremiah Palmer	Executive Director	40.00	Key Emp Highest	$55,136	$32,000	$87,136
Charlene Heath	Secretary & Director	17	Officer Director	$0	$0	$0
Steve Hanson	Treasurer & Director	2.5	Officer Director	$0	$0	$0
Matthew Ferguson	Board of Directors Chair	10	Director	$0	$0	$0
Jane Brown	Director	12	Director	$0	$0	$0
Cindi Scofield	Director	8.5	Director	$0	$0	$0
Donnie Pockrus	Director	1.00	Director	$0	$0	$0
Cassian Schulz	Director	2.5	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	$274,338	$239,297	$910,241	$35,041
2023	$252,496	$191,227	$902,926	$61,269
2022	$642,713	$90,615	$866,291	$552,098