PRESERVE COMMUNITY FOUNDATION (EIN 264732039) - 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

2009

Legal Domicile

Principal Officer

PATRICIA K EASTMAN

Phone

4159812966

Tax Period

2024-01-01 to 2024-12-31

PRESERVE COMMUNITY FOUNDATION, founded in 2009, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 85% operating margin.

Mission

SUPPORT EDUCATION SCHOLARSHIPS FOR ECONOMICALLY DISADVANTAGED CHILDREN IN MONTEREY CNTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,158,598

Program Service Revenue $0

Investment Income $367,603

Other Revenue $0

TOTAL REVENUE $2,526,201

Expense Breakdown

Grants Paid $346,904

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $346,904

Other Expenses $19,717

TOTAL EXPENSES $366,621

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,526,201	$1,838,953	+0.4%
Expenses	$366,621	$226,931	+0.6%
Net Income	$2,159,580	$1,612,022	+0.3%

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
PAT FORESTER	CHAIRMAN/DIRECTOR	5.00	Officer Director	$0	$0	$0
CAROLYN BLATMAN	SECRETARY/DIRECTOR	5.00	Officer Director	$0	$0	$0
PAT EASTMAN	TREASURER/DIRECTOR	5.00	Officer Director	$0	$0	$0
SAL GUTIERREZ	EMERITUS/DIRECTOR	0.00	Director	$0	$0	$0
JEFF CHAMBERS	DIRECTOR	0.00	Director	$0	$0	$0
LINNEA GERBER	DIRECTOR	0.00	Director	$0	$0	$0
ZAN PEAT	DIRECTOR	0.00	Director	$0	$0	$0
BARBARA THRASHER	DIRECTOR	0.00	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	$2,526,201	$366,621	$5,480,927	$2,159,580
2023	$1,838,953	$226,931	$3,321,347	$1,612,022
2022	$196,862	$181,085	$1,709,325	$15,777
2021	$263,080	$217,305	$1,693,548	$45,775
2020	$788,101	$392,690	$1,647,773	$395,411
2019	$175,448	$70,556	$1,256,212	$104,892
2018	$215,603	$97,329	$1,147,470	$118,274

PRESERVE COMMUNITY FOUNDATION