Shorepines Bay Village Properties Inc (EIN 453724787) - 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

2011

Legal Domicile

Phone

5418881005

Tax Period

2024-01-01 to 2024-12-31

Shorepines Bay Village Properties Inc, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $97K in total revenue in fiscal year 2024. Expenses of $354K exceeded revenue, resulting in a 264% operating deficit.

Mission

As a 501(C)(2)real estate title holding company entity, the mission is to manage the rental activities to collect and remit rental receipts from its rental real estate to its sole member The Eugene and Marlaina Johnston Charitable Foundation, Inc.

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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 $0

Program Service Revenue $0

Investment Income $6,567

Other Revenue $90,858

TOTAL REVENUE $97,425

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,400

Fundraising Expenses $0

Other Expenses $245,100

TOTAL EXPENSES $354,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,425	$-22,112	-5.4%
Expenses	$354,500	$372,920	0.0%
Net Income	$-257,075	$-395,032	-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

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

$73,400

Total Directors

$113,940

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marcella Hall	President & CEO	30.00	Officer Director	$55,400	$0	$55,400
Patrick Terry	Director	15.00	Director	$22,540	$0	$22,540
Paul Felker	Secretary	15.00	Officer Director	$18,000	$0	$18,000
Ken Dresser	Director	15.00	Director	$18,000	$0	$18,000

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	$97,425	$354,500	$5,653,837	$-257,075
2023	$-22,112	$372,920	$5,906,171	$-395,032
2022	$-10,201	$124,826	$6,299,072	$-135,027
2021	$167,299	$436,006	$6,431,981	$-268,707
2020	$255,297	$427,413	$6,704,711	$-172,116
2019	$319,137	$396,992	$6,878,014	$-77,855
2018	$226,926	$487,094	$6,949,976	$-260,168

Shorepines Bay Village Properties Inc