PINELLAS COMMUNITY FOUNDATION

EIN: 237113194 501(c)(3) Philanthropy & Grantmaking

CLEARWATER, FL

Total Revenue
$21,652,227
Total Expenses
$17,825,459
Total Assets
$154,557,687
Net Assets
$146,470,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
FL
Principal Officer
DUGGAN COOLEY CFRE
Phone
7275310058
Tax Period
2024-01-01 to 2024-12-31

PINELLAS COMMUNITY FOUNDATION, founded in 1969, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $21.7M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 18% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY BY BRINGING TOGETHER PHILANTHROPY AND SOLUTIONS TO LOCAL ISSUES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,497,519
Program Service Revenue $0
Investment Income $7,138,904
Other Revenue $15,804
TOTAL REVENUE $21,652,227

Expense Breakdown

Grants Paid $15,207,655
Salaries & Benefits $994,151
Fundraising Expenses $315,732
Program Expenses $17,116,124
Other Expenses $1,623,653
TOTAL EXPENSES $17,825,459

Year-over-Year Comparison

2024 2023 Change
Revenue $21,652,227 $13,935,105 +0.6%
Expenses $17,825,459 $12,650,994 +0.4%
Net Income $3,826,768 $1,284,111 +2.0%
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

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Governance

Voting Members
11
Independent Members
11
Employees
10
Volunteers
25

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
3
$226,769
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DUGGAN COOLEY CFRE CEO / SECRET 40.00
Officer
$226,769 $0 $226,769
BO BRAULT CPA BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN DAVIDOV BOARD MEMBER 1.00
Director
$0 $0 $0
ERICA SMITH ROODHOUSE ESQ BOARD MEMBER 1.00
Officer Director
$0 $0 $0
KIT VAN PELT ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
ISAY M GULLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JUDGE MYRIAM IRIZARRY BOARD MEMBER 1.00
Director
$0 $0 $0
MARION RICH BOARD MEMBER 1.00
Director
$0 $0 $0
KIMBERLY RODGERS BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE SEIBERT VICE CHAIR 1.00
Officer Director
$0 $0 $0
WILLIAM STURTEVANT BOARD MEMBER 1.00
Director
$0 $0 $0
FREDDY WILLIAMS BOARD MEMBER 1.00
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 $21,652,227 $17,825,459 $154,557,687 $3,826,768
2023 $13,935,105 $12,650,994 $140,779,030 $1,284,111
2022 $8,175,378 $7,842,991 $118,703,653 $332,387
2021 $23,264,951 $18,892,031 $142,858,566 $4,372,920
2020 $24,159,880 $20,682,020 $135,249,213 $3,477,860
2019 $15,327,688 $5,121,765 $120,047,340 $10,205,923
2018 $12,646,495 $4,210,652 $97,426,209 $8,435,843
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