VOA PALOMA HOLDING CORPORATION

EIN: 920279472 501(c)(3)

ALEXANDRIA, VA

Total Revenue
$4
Total Expenses
$950
Total Assets
$197
Net Assets
$-655,633
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CO
Principal Officer
DEJERNETTE BEATY
Phone
7033415000
Tax Period
2024-07-01 to 2025-06-30

VOA PALOMA HOLDING CORPORATION, founded in 2022, is a micro nonprofit that reported $147K in total revenue in fiscal year 2022.

Mission

THE CORPORATION SUPPORTS THE CHARITABLE AFFORDABLE HOUSING ACTIVITIES OF VOLUNTEERS OF AMERICA, INC. AND VOLUNTEERS OF AMERICA NATIONAL SERVICES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $4

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $950
TOTAL EXPENSES $950

Year-over-Year Comparison

2024 2023 Change
Revenue $4 $191 -1.0%
Expenses $950 $4,880 -0.8%
Net Income $-946 $-4,689 -0.8%
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
15
Independent Members
13
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
14
$3,651,421
Total Directors
15
$868,407
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL W KING PRESIDENT N/A
Officer Director
$0 $183,373 $868,407
DAVID NISIVOCCIA ASST. TREAS/ N/A
Officer
$0 $74,234 $516,603
JOSEPH BUDZYNSKI ASST TREAS/S N/A
Officer
$0 $116,809 $465,439
PAUL SOCZYNSKI ASST. TREAS/ N/A
Officer
$0 $30,221 $378,447
PETER DESJARDINS ASST. TREAS/ N/A
Officer
$0 $40,506 $319,503
NANCY GAVIN ASST. SEC/TR N/A
Officer
$0 $87,852 $285,594
KIMBERLY KING ASST. TREAS/ N/A
Officer
$0 $33,529 $256,810
DAVID PASKOFF ASST. TREAS/ N/A
Officer
$0 $17,960 $197,896
DEJERNETTE BEATY ASST. TREAS/ N/A
Officer
$0 $20,135 $193,522
FAITH NUTZ ASST. SEC/TR N/A
Officer
$0 $20,168 $169,200
PATTI ARNOLD DIRECTOR N/A
Director
$0 $0 $0
SHAWN BLOOM DIRECTOR N/A
Director
$0 $0 $0
KAREN ERICKSON TREASURER N/A
Officer Director
$0 $0 $0
KAREN HACKETT SECRETARY N/A
Officer Director
$0 $0 $0
CARMEN JACKSON DIRECTOR N/A
Director
$0 $0 $0
KEITH KNAPP DIRECTOR N/A
Director
$0 $0 $0
BETH MULLEN DIRECTOR N/A
Director
$0 $0 $0
DERRICK PERKINS VICE CHAIR N/A
Officer Director
$0 $0 $0
JEANNE PETERSON DIRECTOR N/A
Director
$0 $0 $0
NANCY RASE CHAIR N/A
Officer Director
$0 $0 $0
PATRICK SHERIDAN DIRECTOR N/A
Director
$0 $0 $0
JANET STRINGFELLOW DIRECTOR N/A
Director
$0 $0 $0
WALTER TEJADA DIRECTOR N/A
Director
$0 $0 $0
VORIS VIGEE DIRECTOR N/A
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
2025 $4 $950 $197 $-946
2024 $191 $4,880 $193 $-4,689
2023 $-147,342 $17,709 $362,473 $-165,051
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