PASTURES NEW III INC (EIN 582044503) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

MIKE CALHOUN

Phone

9125385866

Tax Period

2023-07-01 to 2024-06-30

PASTURES NEW III INC, founded in 1992, is a micro nonprofit in the Health Care sector that reported $414 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $333K exceeded revenue, resulting in a 80323% operating deficit.

Mission

HISTORICALLY, TO PROVIDE QUALITY HEALTHCARE FOR THE RESIDENTS OF TOOMBS COUNTY AND OTHER SURROUNDING AREAS. THE ORGANIZATION IS IN THE PROCESS OF LIQUIDATING AND IS NOT OPERATIONAL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $414

Other Revenue $0

TOTAL REVENUE $414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $332,951

TOTAL EXPENSES $332,951

Year-over-Year Comparison

	2023	2022	Change
Revenue	$414	$114,108	-1.0%
Expenses	$332,951	$672,578	-0.5%
Net Income	$-332,537	$-558,470	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
ANTHONY MILLERTERM 43024	MEMBER	0.10	Director	$0	$0	$0
MIKE CALHOUN	CHAIRMAN	0.10	Officer Director	$0	$0	$0
DENNIS INGLEY	MEMBER	0.10	Director	$0	$0	$0
POLLYANN MARTIN	MEMBER	0.10	Director	$0	$0	$0
REID MCARTHUR	VICE CHARIMA	0.10	Officer Director	$0	$0	$0
RONNIE STEWART	MEMBER	0.10	Director	$0	$0	$0
TIM TRUXEL	MEMBER	0.10	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	No data	No data	No data	No data
2024	$414	$332,951	$2,107,552	$-332,537
2023	$114,108	$672,578	$5,778,881	$-558,470
2022	$443,990	$637,069	$145,702,165	$-193,079
2021	$94,571,212	$104,816,503	$156,126,750	$-10,245,291
2020	$114,288,970	$103,835,395	$258,672,976	$10,453,575
2019	$113,716,704	$101,847,646	$235,307,713	$11,869,058
2018	$114,911,032	$107,041,856	$228,375,757	$7,869,176

PASTURES NEW III INC