VOA PALOMA HOLDING CORPORATION

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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

2022

Legal Domicile

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 $4 in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $950 exceeded revenue, resulting in a 23650% operating deficit.

Mission

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

Program Service Accomplishments

Program 1

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 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 $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

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

$3,651,421

Total Directors

$868,407

Key Employees

Highest Compensated

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