PIONEER61 INC (EIN 453846666) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

PIONEER61 INC is a small nonprofit in the International Affairs sector that reported $408K in total revenue in fiscal year 2017. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

PIONEER61, INC, IS ORGANIZED TO BUILD ORPHANAGES FOR HOMELESS CHILDREN, DEVELOP AND IMPLEMENT FEEDING PROGRAMS FOR THE HOMELESS, ASSIST THE UNDERPRIVILEGED IN RECEIVING AN EDUCATION AND/OR SKILLS TRAINING AND RESCUE THOSE ENSLAVED TO SEX SLAVE TRADE IN THIRD WORLD COUNTRIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $535,527

Program Service Revenue $4,468

Investment Income $37

Other Revenue $3,038

TOTAL REVENUE $543,070

Expense Breakdown

Grants Paid $0

Salaries & Benefits $182,441

Fundraising Expenses $73,424

Program Expenses $397,351

Other Expenses $298,216

TOTAL EXPENSES $480,657

Year-over-Year Comparison

	2023	2022	Change
Revenue	$543,070	$410,166	+0.3%
Expenses	$480,657	$424,129	+0.1%
Net Income	$62,413	$-13,963	-5.5%

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

$48,765

Total Directors

Key Employees

$36,900

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS BOYD	PRESIDENTDIRECTOR OF OPERATI	40.00	Officer	$48,765	$0	$48,765
BRUCE WOEST	EXECUTIVE DIRECTOR	40.00	Key Emp	$36,900	$0	$36,900
LOGAN A COFFEY	DIRECTOR	3.00	Director	$0	$0	$0
ANGELIQUE WOEST	DIRECTOR	1.00	Director	$0	$0	$0
ALAN KIRKPATRICK	DIRECTOR	1.00	Director	$0	$0	$0
KENRA COFFEY	DIRECTOR	1.00	Director	$0	$0	$0
MARLENE BOYD	VICE PRESIDENT	1.00	Officer	$0	$0	$0
TINA BOYD	SECRETARYTREASURER	1.00	Officer	$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	No data	No data	No data	No data
2023	$543,070	$480,657	$185,343	$62,413
2022	$410,166	$424,129	$123,990	$-13,963
2021	$391,837	$345,960	$137,420	$45,877
2020	$330,485	$335,233	$113,556	$-4,748
2019	$495,139	$391,033	$128,166	$104,106
2018	$423,376	$417,890	$17,845	$5,486
2017	$407,561	$407,329	$14,197	$232

PIONEER61 INC