PLANO DEVELOPMENT CORPORATION (EIN 942577893) - 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

1979

Legal Domicile

Principal Officer

GILBERT YNIGUES

Phone

5596273700

Tax Period

2023-07-01 to 2024-06-30

PLANO DEVELOPMENT CORPORATION, founded in 1979, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.0M left a modest 13% surplus.

Mission

TO PROVIDE HOUSING FOR THE ELDERLY AND DISABLED PERSONS WITH LOW AND MODERATE INCOME LEVELS.

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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 $1,140,657

Investment Income $15,363

Other Revenue $1,763

TOTAL REVENUE $1,157,783

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,608

Fundraising Expenses $0

Program Expenses $918,737

Other Expenses $823,349

TOTAL EXPENSES $1,003,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,157,783	$1,123,761	+0.0%
Expenses	$1,003,957	$848,672	+0.2%
Net Income	$153,826	$275,089	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GILBERT YNIGUES	PRESIDENT	1.00	Officer	$0	$0	$0
TOMAS VELASQUEZ	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JOE L MORENO	CHAIR	1.00	Officer	$0	$0	$0
LINDA CAMARENA	TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	$1,157,783	$1,003,957	$3,123,833	$153,826
2023	$1,123,761	$848,672	$3,084,078	$275,089
2022	$1,118,016	$907,321	$2,995,009	$210,695
2021	$1,094,414	$890,200	$2,907,605	$204,214
2020	$1,079,416	$796,871	$2,720,746	$282,545
2019	$1,063,574	$805,452	$2,683,187	$258,122

PLANO DEVELOPMENT CORPORATION