Pinecrest Foundation Inc (EIN 363782988) - 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

1991

Legal Domicile

Principal Officer

Ferol Labash

Phone

8157344103

Tax Period

2020-07-01 to 2021-03-24

Pinecrest Foundation Inc, founded in 1991, is a micro nonprofit that reported $1 in total revenue in fiscal year 2020. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 5217300% operating deficit.

Mission

The Pinecrest Foundation mission is to maintain the financial strength for the current and continued growth of Pinecrest Community to preserve now and in the future that its residents and friends may continue to have a caring and secure environment in which to reside. We will continue to nurture our foundation by making sound decisions in regard to our assets that benefit our residents, staff, and friends, for now and in the future.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $1

Expense Breakdown

Grants Paid $52,059

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,059

Other Expenses $115

TOTAL EXPENSES $52,174

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1	$5	-0.8%
Expenses	$52,174	$82,555	-0.4%
Net Income	$-52,173	$-82,550	-0.4%

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

$112,150

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Welp	President	0.30	Officer Director	$0	$0	$0
Gary Henderson	Vice President	0.30	Officer Director	$0	$0	$0
Mike Anderson	Treasurer	0.30	Officer Director	$0	$0	$0
Dianne Swingel	Secretary (until 11/11/20)	0.30	Officer Director	$0	$0	$0
Dr Edward Baker	Director	0.30	Director	$0	$0	$0
Patricia Ball	Director	0.30	Director	$0	$0	$0
Beverly Binkley	Director	0.30	Director	$0	$0	$0
Neil Brinkmeier	Director (until 11/16/20)	0.30	Director	$0	$0	$0
Gerald Kinsley	Director	0.30	Director	$0	$0	$0
Gary Melvin	Director	0.30	Director	$0	$0	$0
Brenda Nevenhoven	Director	0.30	Director	$0	$0	$0
Patrice Nightingale	Director (until 11/11/20)	0.30	Director	$0	$0	$0
Kurt Zuck	Director	0.30	Director	$0	$0	$0
Ferol Labash	Chief Executive Officer	0.30	Officer	$0	$4,344	$112,150

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	$1	$52,174	No data	$-52,173
2020	$5	$82,555	$53,576	$-82,550
2019	$39,986	$391,674	$134,767	$-351,688
2018	$19,937	$16,071	$578,080	$3,866

Pinecrest Foundation Inc