PHS ROCKWOOD AVENUE INC (EIN 932164852) - Form 990 Financial Analysis & Trantor Score

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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

2023

Legal Domicile

Principal Officer

MARK MEYER

Phone

6516316162

Tax Period

2023-10-01 to 2024-09-30

PHS ROCKWOOD AVENUE INC, founded in 2023, is a small nonprofit in the Housing & Shelter sector that reported $604K in total revenue in fiscal year 2023. Revenue surged 2126% from the prior year, signaling strong growth momentum. Expenses of $2.3M exceeded revenue, resulting in a 284% operating deficit.

Mission

CARE FOR THE ELDERLY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $604,242

Investment Income $0

Other Revenue $0

TOTAL REVENUE $604,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $463,284

Fundraising Expenses $0

Program Expenses $2,067,615

Other Expenses $1,856,219

TOTAL EXPENSES $2,319,503

Year-over-Year Comparison

	2023	2022	Change
Revenue	$604,242	$27,140	+21.3%
Expenses	$2,319,503	$128,915	+17.0%
Net Income	$-1,715,261	$-101,775	+15.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENYSE ETHRIDGE	EXECUTIVE DIRECTOR & COO	1.00		$0	$17,610	$198,085
CHRIS SCHMIDT	VP FINANCE	1.00		$0	$14,785	$158,202
DAN LINDH	President	0.05	Officer Director	$0	$0	$0
MARK MEYER	Treasurer/CFO	0.05	Officer Director	$0	$0	$0
JOHN BERGESON	Secretary	0.05	Officer Director	$0	$0	$0
TAMARA TASCHE	BOARD CHAIR	0.05	Officer Director	$0	$0	$0
DUANE LARSON	BD VICE CHAIR	0.05	Officer 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	$604,242	$2,319,503	$9,342,245	$-1,715,261
2023	$27,140	$128,915	$9,006,624	$-101,775

PHS ROCKWOOD AVENUE INC