PINE OAKS III INC (EIN 043329757) - 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

1996

Legal Domicile

Principal Officer

GREGORY Y WINSTON

Phone

5084329611

Tax Period

2023-01-01 to 2023-12-31

PINE OAKS III INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $667K in total revenue in fiscal year 2023. Expenses of $785K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROVIDE AFFORDABLE LOW INCOME HOUSING 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 $277,930

Program Service Revenue $388,337

Investment Income $779

Other Revenue $0

TOTAL REVENUE $667,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,997

Fundraising Expenses $0

Program Expenses $538,578

Other Expenses $605,964

TOTAL EXPENSES $784,961

Year-over-Year Comparison

	2023	2022	Change
Revenue	$667,046	$667,840	0.0%
Expenses	$784,961	$790,585	0.0%
Net Income	$-117,915	$-122,745	0.0%

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
GREGORY Y WINSTON	PRESIDENT	5.00	Officer Director	$0	$0	$0
ROBERT DOANE	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
FORREST EATON	TREASURER	5.00	Officer Director	$0	$0	$0
DEBRA BASSETT	ASSISTANT TR	5.00	Officer Director	$0	$0	$0
PHYLLIS CUSHLANIS	SECRETARY	5.00	Officer Director	$0	$0	$0
JOE DELLA MORTE	DIRECTOR	2.00	Director	$0	$0	$0
LAURIAN SCHULTZ	DIRECTOR	2.00	Director	$0	$0	$0
JOYCE WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
KATHY COCKCROFT	DIRECTOR	2.00	Director	$0	$0	$0
JOHN CLARKE	DIRECTOR	2.00	Director	$0	$0	$0
ALBERT DEY	DIRECTOR	2.00	Director	$0	$0	$0
JOANNE CLANCY	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$667,046	$784,961	$3,997,008	$-117,915
2022	$667,840	$790,585	$4,121,117	$-122,745
2021	$613,482	$778,977	$4,278,037	$-165,495
2020	$627,367	$702,530	$4,403,052	$-75,163
2019	$576,333	$665,785	$4,479,419	$-89,452
2018	$546,735	$655,581	$4,562,103	$-108,846

PINE OAKS III INC