THE PRET FOUNDATION

EIN: 461283509 501(c)(3)

NEW YORK, NY

Total Revenue
$271,540
Total Expenses
$384,286
Total Assets
$398,011
Net Assets
$91,553
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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
2012
Legal Domicile
NY
Principal Officer
GREG THORP
Phone
6468475750
Tax Period
2019-01-01 to 2019-12-31

THE PRET FOUNDATION, founded in 2012, is a small nonprofit that reported $272K in total revenue in fiscal year 2019. Expenses of $384K exceeded revenue, resulting in a 42% operating deficit.

Mission

SUPPORTING SUSTAINABLE SOLUTIONS TO ALLEVIATE HUNGER AND HOMELESSNESS.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $271,540
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $271,540

Expense Breakdown

Grants Paid $353,548
Salaries & Benefits $0
Fundraising Expenses $14,609
Program Expenses $353,548
Other Expenses $30,738
TOTAL EXPENSES $384,286

Year-over-Year Comparison

2019 2018 Change
Revenue $271,540 $271,647 0.0%
Expenses $384,286 $666,104 -0.4%
Net Income $-112,746 $-394,457 -0.7%
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

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Governance

Voting Members
4
Independent Members
4
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONICA GELINAS BOARD MEMBER 1.00
Director
$0 $0 $0
GREG THORP BOARD MEMBER 3.00
Director
$0 $0 $0
CLAUDE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH LEE PRESIDENT 1.00
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
2019 $271,540 $384,286 $398,011 $-112,746
2018 $271,647 $666,104 $212,951 $-394,457
2017 $172,184 $17,245 $614,701 $154,939
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