PARVEE FOUNDATION

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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

WILLIAM J NEUMANN

Phone

2153407220

Tax Period

2025-01-01 to 2025-12-31

PARVEE FOUNDATION, founded in 1979, is a small nonprofit that reported $176K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Net assets of $1.9M represent 131 months of operating reserves.

Mission

PROVIDE MONTHLY BENEFITS FOR RESIDENTS OF PINE RUN RETIREMENT COMMUNITY WHO ARE NO LONGER ABLE TO PAY THE MONTHLY RESIDENTS FEE, AND ASSIST FORMER PINE RUN RESIDENTS WITH RELOCATION TO PERSONAL CARE WITHIN THE PINE RUN COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $168,750

PROVIDE MONTHLY BENEFITS FOR RESIDENTS OF PINE RUN RETIREMENT COMMUNITY WHO ARE NO LONGER ABLE TO PAY THE MONTHLY RESIDENTS FEE, AND ASSIST FORMER PINE RUN RESIDENTS WHO HAVE MOVED TO PERSONAL CARE.

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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 $83,355

Program Service Revenue $0

Investment Income $92,176

Other Revenue $0

TOTAL REVENUE $175,531

Expense Breakdown

Grants Paid $168,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $168,750

Other Expenses $16,638

TOTAL EXPENSES $185,388

Year-over-Year Comparison

	2025	2024	Change
Revenue	$175,531	$204,491	-0.1%
Expenses	$185,388	$95,677	+0.9%
Net Income	$-9,857	$108,814	-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

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
ED KOHLHEPP	DIRECTOR	2.00	Director	$0	$0	$0
KARL GIMBER	DIRECTOR	2.00	Director	$0	$0	$0
JILL HOSTVEDT	ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
WILLIAM NEUMANN	TREASURER	2.00	Officer Director	$0	$0	$0
MARGARET WHEATON	SECRETARY	2.00	Officer Director	$0	$0	$0
NANCY SPEARS	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
STEVE HIRT	PRESIDENT	6.00	Officer 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	$175,531	$185,388	$1,909,687	$-9,857
2024	$204,491	$95,677	$1,753,941	$108,814
2023	$145,841	$87,004	$1,532,190	$58,837
2022	$122,155	$134,034	$1,340,625	$-11,879
2021	$176,922	$113,629	$1,597,011	$63,293
2020	$127,416	$107,839	$1,430,527	$19,577