1100 CENTRAL AVENUE CORPORATION (EIN 461562505) - 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

2012

Legal Domicile

Principal Officer

MICHAEL R PENDER JR

Phone

9413650250

Tax Period

2023-01-01 to 2023-12-31

1100 CENTRAL AVENUE CORPORATION, founded in 2012, is a micro nonprofit in the Community Improvement sector that reported $95K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $90K, a strong 94% operating margin.

Mission

THE ORGANIZATION IS ORGANIZED AND OPERATED TO HOLD TITLE TO REAL PROPERTY, COLLECT INCOME THEREFROM, AND DISTRIBUTE THE ENTIRE AMOUNT THEREOF LESS EXPENSES, TO THE PINES OF SARASOTA HEALTHCARE, LLC, AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $94,970

Investment Income $0

Other Revenue $0

TOTAL REVENUE $94,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,236

TOTAL EXPENSES $5,236

Year-over-Year Comparison

	2023	2022	Change
Revenue	$94,970	$1,935,023	-1.0%
Expenses	$5,236	$71	+72.7%
Net Income	$89,734	$1,934,952	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL R PENDER JR	CHAIR	1.00	Officer Director	$0	$0	$0
LARRY SCHAPER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN OVERTON	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$94,970	$5,236	$2,443,982	$89,734
2022	$1,935,023	$71	$2,349,132	$1,934,952
2021	$166,928	$8,015	$2,292,599	$158,913
2020	$163,655	$7,496	$2,236,313	$156,159
2019	$160,446	$8,185	$2,236,323	$152,261
2018	$186,500	$101,901	$2,367,839	$84,599

1100 CENTRAL AVENUE CORPORATION