PILGRIM TERRACE COOPERATIVE HOMES (EIN 953465019) - 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

1978

Legal Domicile

Principal Officer

Phone

8058452096

Tax Period

2025-01-01 to 2025-12-31

PILGRIM TERRACE COOPERATIVE HOMES, founded in 1978, is a small nonprofit in the Housing & Shelter sector that reported $586K in total revenue in fiscal year 2025. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $900K exceeded revenue, resulting in a 54% operating deficit.

Mission

TO PROVIDE SOCIAL SERVICE ASSISTANCE TO THE ELDERLY AND DISABLED IN SANTA BARBARA, CALIFORNIA.

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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 $196,723

Program Service Revenue $102,259

Investment Income $287,298

Other Revenue $0

TOTAL REVENUE $586,280

Expense Breakdown

Grants Paid $0

Salaries & Benefits $590,204

Fundraising Expenses $8,407

Program Expenses $787,283

Other Expenses $309,824

TOTAL EXPENSES $900,028

Year-over-Year Comparison

	2025	2024	Change
Revenue	$586,280	$405,273	+0.4%
Expenses	$900,028	$1,378,836	-0.3%
Net Income	$-313,748	$-973,563	-0.7%

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

$130,412

Total Directors

$46,960

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS ALVARO	Executive Dir.	20.00	Officer	$83,452	$0	$83,452
TERESA JEFFRIES	Secretary	18.00	Officer Director	$22,435	$0	$22,435
JOHN JEFFRIES	President	18.00	Officer Director	$16,176	$0	$16,176
DEBORAH L CONTRERAS	Treasurer	2.00	Officer Director	$8,349	$0	$8,349
DAVE SOMMERS	Vice President	2.00	Officer Director	$0	$0	$0
MICHAEL VONDRAN	Director	2.00	Director	$0	$0	$0
ALICE SAN ANDREAS-CALLEJA	Director	2.00	Director	$0	$0	$0
DAN MODISETTE	Trustee	2.00	Director	$0	$0	$0
JOSEPH P MULVIHILL III	Trustee	0.00	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	$586,280	$900,028	$3,451,693	$-313,748
2024	$405,273	$1,378,836	$3,701,546	$-973,563
2023	$480,355	$1,530,644	$4,519,300	$-1,050,289
2022	$396,767	$1,306,085	$5,389,985	$-909,318
2021	$931,865	$1,151,939	$7,389,220	$-220,074
2020	$599,718	$2,193,287	$7,857,733	$-1,593,569
2019	$471,873	$893,668	$9,005,035	$-421,795
2018	$439,150	$779,079	$9,335,436	$-339,929

PILGRIM TERRACE COOPERATIVE HOMES