PASEO AVENUES INC

EIN: 883053413 501(c)(3) Housing & Shelter

OKLAHOMA CITY, OK

Total Revenue
$956,087
Total Expenses
$727,507
Total Assets
$241,825
Net Assets
$241,825
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
OK
Principal Officer
KINGSLEY TAZINYA
Phone
4059051950
Tax Period
2024-01-01 to 2024-12-31

PASEO AVENUES INC, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $956K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $229K, a strong 24% operating margin.

Mission

Our organization is a leading 501(c)3 non-profit based in the heart of Oklahoma City, dedicated to providing high-quality transitional living and support for independent United States Military Veterans, Senior Adults, and Disabled Adults. We focus on alleviating chronic homelessness and assisting individuals in their journey towards a happier, healthier, and purposeful lifestyle. With a strong commitment to fostering community reintegration, we offer residential services, emergency beds, case management, and a range of daily activities and entertainment to enhance the well-being and resilience of our residents. At our organization, we firmly believe in empowering our residents to achieve stability and independence, ensuring that they receive the care, hope, and support they need without having to worry about their housing or basic needs.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $956,087
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $956,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,926
Fundraising Expenses $0
Program Expenses $27,926
Other Expenses $699,581
TOTAL EXPENSES $727,507

Year-over-Year Comparison

2024 2023 Change
Revenue $956,087 $743,215 +0.3%
Expenses $727,507 $588,895 +0.2%
Net Income $228,580 $154,320 +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

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Governance

Voting Members
3
Independent Members
N/A
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KINGSLEY TAZINYA President 20.00
Director
$0 $0 $0
KIMALA HUBBARD ADMINISTRATOR 40.00
Officer
$0 $0 $0
TRACI JOHNSON ADMINISTRATOR 40.00
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 $956,087 $727,507 $241,825 $228,580
2023 $743,215 $588,895 $268,524 $154,320
2022 $407,411 $293,207 $114,204 $114,204
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