PINE GARDENS I INC (EIN 680353653) - 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

1995

Legal Domicile

Principal Officer

JENNIFER HOFSTETTER

Phone

7074631975

Tax Period

2023-11-01 to 2024-10-31

PINE GARDENS I INC, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $3.2M in total revenue in fiscal year 2023. Expenses of $3.7M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE DECENT, AFFORDABLE HOUSING TO LOW AND MODERATE INCOME PERSONS.

🔒

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 $2,277,447

Program Service Revenue $943,381

Investment Income $14,186

Other Revenue $0

TOTAL REVENUE $3,235,014

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,226,603

Other Expenses $3,657,979

TOTAL EXPENSES $3,657,979

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,235,014	$3,018,393	+0.1%
Expenses	$3,657,979	$3,513,017	+0.0%
Net Income	$-422,965	$-494,624	-0.1%

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

$305,261

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON LEFEBVRE	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
RICHARD J HENDERSON	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
CHARLOTTE WATKINS	SECRETARY	1.00	Officer Director	$0	$0	$0
GARY L MIRATA	TREASURER	1.00	Officer Director	$0	$0	$0
MIKE PALLESEN	MEMBER	1.00	Director	$0	$0	$0
AMANDA PARDINI	MEMBER	1.00	Director	$0	$0	$0
FU LIN CHANG	MEMBER	1.00	Director	$0	$0	$0
RYAN LARUE	CEO	2.00	Officer	$0	$0	$150,535
JENNIFER HOFSTETTER	CFO	2.00	Officer	$0	$32,291	$154,726

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	$3,235,014	$3,657,979	$10,120,623	$-422,965
2023	$3,018,393	$3,513,017	$10,382,495	$-494,624
2022	$2,900,839	$3,628,032	$10,543,427	$-727,193
2021	$2,831,132	$3,362,292	$10,777,344	$-531,160
2020	$2,865,282	$3,229,380	$11,202,229	$-364,098
2019	$2,858,176	$3,165,989	$11,465,054	$-307,813
2018	$3,327,932	$3,210,766	$11,608,382	$117,166

PINE GARDENS I INC