CHARITABLE LEASING CORPORATION ATTN MARK F HEARNE II (EIN 383332722) - 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

1997

Legal Domicile

Principal Officer

MARK F HEARNE II

Phone

6167748121

Tax Period

2025-01-01 to 2025-12-31

CHARITABLE LEASING CORPORATION ATTN MARK F HEARNE II, founded in 1997, is a micro nonprofit that reported $3 in total revenue in fiscal year 2025. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $53K exceeded revenue, resulting in a 1772567% operating deficit.

Mission

CHARITABLE LEASING IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO AN ORGANIZATION WHICH ITSELF IS EXEMPT UNDER 501(C)(3).

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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 $0

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $3

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $53,180

TOTAL EXPENSES $53,180

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3	$2	+0.5%
Expenses	$53,180	$73,594	-0.3%
Net Income	$-53,177	$-73,592	-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

N/A

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
MARK F HEARNE II	MANAGER	5.00	Director	$0	$0	$0
PILLAR FOUNDATION	DIRECTOR	0.00	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	$3	$53,180	$1,057,317	$-53,177
2024	No data	No data	No data	No data
2023	No data	$75,311	$1,140,386	No data
2022	No data	$91,350	$1,194,697	No data
2021	$1	$70,487	$1,244,185	$-70,486
2020	$1	$74,207	$1,309,827	$-74,206
2019	$2	$68,479	$1,384,033	$-68,477
2018	$2	$72,479	$1,452,510	$-72,477

CHARITABLE LEASING CORPORATION ATTN MARK F HEARNE II