PECKHAM HOLDING COMPANY 2 INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

HARRY PIANKO

Phone

5173164000

Tax Period

2024-10-01 to 2025-09-30

PECKHAM HOLDING COMPANY 2 INC, founded in 2009, is a small nonprofit that reported $960K in total revenue in fiscal year 2024. The organization ran a surplus of $550K, a strong 57% operating margin.

Mission

TO ACQUIRE, OWN, DEVELOP, MANAGE, RENT, OPERATE AND HOLD THE REAL ESTATE AND BUILDINGS LOCATED AT 2511 AND 2525 NORTH MARTIN LUTHER KING, JR. BLVD IN LANSING, MICHIGAN, ON BEHALF OF PECKHAM, INC., A 501(C)(3) NON-PROFIT ORGANIZATION.

Program Service Accomplishments

Program 1

BUILDING RENTAL TO PECKHAM, INC., A NON-PROFIT ORGANIZATION, FOR BUSINESS SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $960,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $960,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $410,031

TOTAL EXPENSES $410,031

Year-over-Year Comparison

	2024	2023	Change
Revenue	$960,000	$960,000	N/A
Expenses	$410,031	$603,734	-0.3%
Net Income	$549,969	$356,266	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$631,160

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	MEMBER	1.00		$0	$0	$0
JO SPERRY	CEIO	1.00	Officer	$0	$60,150	$631,160

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	$960,000	$410,031	$3,391,420	$549,969
2024	$960,000	$603,734	$3,801,451	$356,266
2023	$960,000	$672,413	$4,405,184	$287,587
2022	$960,000	$704,497	$5,077,596	$255,503
2021	$959,999	$704,693	$5,782,092	$255,306
2020	$960,000	$708,168	$6,486,788	$251,832
2019	$960,000	$724,840	$7,191,634	$235,160
2018	$960,000	$737,157	$7,900,768	$222,843