BAY COVE REALTY CORPORATION C/O PINE HOLLOW COUNTRY CLUB (EIN 116006849) - 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

1960

Principal Officer

EVAN SILVERSTEIN

Tax Period

2021-01-01 to 2021-12-31

BAY COVE REALTY CORPORATION C/O PINE HOLLOW COUNTRY CLUB, founded in 1960, is a small nonprofit that reported $115K in total revenue in fiscal year 2021. Revenue fell 55% from the prior year — a significant decline worth monitoring.

Mission

REAL ESTATE HOLDING CORPORATION

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $115,360

TOTAL REVENUE $115,360

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $115,360

TOTAL EXPENSES $115,360

Year-over-Year Comparison

	2021	2020	Change
Revenue	$115,360	$254,319	-0.5%
Expenses	$115,360	$254,319	-0.5%
Net Income	$0	N/A	N/A

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

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
EVAN SILVERSTEIN	PRESIDENT	3.00	Officer Director	$0	$0	$0
VICTOR HATAMI	1ST VICE PRE	3.00	Officer Director	$0	$0	$0
HAROLD HERLING	2ND VICE PRE	3.00	Officer Director	$0	$0	$0
RICKY SPIKE	SECRETARY	3.00	Officer Director	$0	$0	$0
LON BIRNHOLZ	TREASURER	3.00	Officer Director	$0	$0	$0
RICHARD BUTWIN	BOARD MEMBER	3.00	Director	$0	$0	$0
BEN BRAUNSTEIN	BOARD MEMBER	3.00	Director	$0	$0	$0
JEFFREY ZWECKER	BOARD MEMBER	3.00	Director	$0	$0	$0
JOHN POLSINELLI	BOARD MEMBER	3.00	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
2021	$115,360	$115,360	No data	No data
2020	$254,319	$254,319	$6,466,036	No data
2019	$269,935	$269,935	$6,856,537	No data
2018	$287,633	$287,633	$7,231,255	No data

BAY COVE REALTY CORPORATION C/O PINE HOLLOW COUNTRY CLUB