GREATER PALM SPRINGS REALTORS

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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

1988

Legal Domicile

Principal Officer

DAVINA LARA

Phone

7603206885

Tax Period

2025-01-01 to 2025-12-31

GREATER PALM SPRINGS REALTORS, founded in 1988, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2025.

Mission

TO PROVIDE SUPPORT AND PROFESSIONAL ASSISTANCE TO MEMBERS (REAL ESTATE PROFESSIONALS; TO PROMOTE PROFESSIONALISM WITHIN THE INDUSTRY AND TO PROVIDE MEMEBERS WITH THE TOOLS TO BECOME PROFICIENT IN THE INDUSTRY.

Program Service Accomplishments

Program 1

PROMOTE AND MAINTAIN HIGH STANDARDS IN THE REAL ESTATE PROFESSION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,085,776

Program Service Revenue $0

Investment Income $21,382

Other Revenue $8,620

TOTAL REVENUE $1,115,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $460,775

Fundraising Expenses $0

Other Expenses $647,984

TOTAL EXPENSES $1,108,759

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,115,778	$1,127,068	0.0%
Expenses	$1,108,759	$1,194,971	-0.1%
Net Income	$7,019	$-67,903	-1.1%

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

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
FRANK ALVAREZ	Director	0.50	Director	$0	$0	$0
ART ALVAREZ	Director	0.50	Director	$0	$0	$0
ROBERT CIPOLLONI	Director	0.50	Director	$0	$0	$0
BENJAMIN LEASKOU	Director	0.50	Director	$0	$0	$0
JOSH PRINGLE	Director	0.50	Director	$0	$0	$0
KAREN JOY TABBAH	Director	0.50	Director	$0	$0	$0
JON BARRIST	President Elect	0.50	Officer	$0	$0	$0
DONNA LARSON	Treasurer	0.50	Officer	$0	$0	$0
JOE PHELAN	President	0.50	Officer	$0	$0	$0
KEVIN STERN	Past President	0.50	Officer	$0	$0	$0
DAVINA LARA	CEO	10.00	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	$1,115,778	$1,108,759	$1,286,009	$7,019
2024	No data	No data	No data	No data
2023	$1,189,854	$1,196,029	$1,319,686	$-6,175
2022	$1,213,242	$1,101,056	$1,366,512	$112,186
2021	$1,257,983	$1,088,840	$1,221,521	$169,143
2020	$998,212	$913,754	$986,320	$84,458
2019	$1,023,578	$865,979	$856,212	$157,599
2018	$922,412	$794,603	$779,128	$127,809