PARVEE FOUNDATION (EIN 232107254) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

WILLIAM J NEUMANN

Phone

2153407220

Tax Period

2024-01-01 to 2024-12-31

PARVEE FOUNDATION, founded in 1979, is a small nonprofit that reported $204K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $109K, a strong 53% operating margin.

Mission

PROVIDE MONTHLY BENEFITS FOR RESIDENTS OF PINE RUN RETIREMENT COMMUNITY WHO ARE NO LONGER ABLE TO PAY THE MONTHLY RESIDENTS FEE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $134,513

Program Service Revenue $0

Investment Income $69,978

Other Revenue $0

TOTAL REVENUE $204,491

Expense Breakdown

Grants Paid $80,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,800

Other Expenses $14,877

TOTAL EXPENSES $95,677

Year-over-Year Comparison

	2024	2023	Change
Revenue	$204,491	$145,841	+0.4%
Expenses	$95,677	$87,004	+0.1%
Net Income	$108,814	$58,837	+0.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
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

PARVEE FOUNDATION