PENNINGTON MEDICAL FOUNDATION (EIN 720883155) - 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

1980

Legal Domicile

Principal Officer

PAULA PENNINGTON DE LA BR

Phone

2257632511

Tax Period

2023-01-01 to 2023-12-31

Mission

THE PENNINGTON MEDICAL FOUNDATION ADMINISTERS THE TRUST ESTABLISHED BY C.B. PENNINGTON AND IRENE W. PENNINGTON, PROVIDES FINANCIAL SUPPORT FOR MEDICAL RESEARCH PROGRAMS OF THE PENNINGTON BIOMEDICAL RESEARCH CENTER BY PROVIDING CAPITAL GRANTS AND SEED FUNDING, AND SUPPORTS THE DEVELOPMENT AND EXPANSION OF THE CENTER AND ITS PROGRAMS.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$18,207	-1.0%
Expenses	N/A	$217,144	-1.0%
Net Income	N/A	$-198,937	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAULA PENNINGTON DE LA BRETONNE	CHAIR/TRUSTEE	1.00	Director	$0	$0	$0
G LEE GRIFFIN	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES LAMAR	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD LIPSEY	TRUSTEE	1.00	Director	$0	$0	$0
JAKE L NETTERVILLE	VICE CHAIR/TRUSTEE	1.00	Director	$0	$0	$0
CLAUDE B PENNINGTON III	TRUSTEE	1.00	Director	$0	$0	$0
DARYL B PENNINGTON SR THRU 81222	TRUSTEE	1.00	Director	$0	$0	$0
RAYMOND G POST	TRUSTEE	1.00	Director	$0	$0	$0
DR WILLIAM B RICHARDSON THRU 6922	TRUSTEE	1.00	Director	$0	$0	$0
DR CHRISTEL C SLAUGHTER	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM F TATE IV	TRUSTEE	1.00	Director	$0	$0	$0
DR STEVE NELSON	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM HODGKINS	SECRETARY	1.00	Officer	$0	$0	$0
DR JOHN KIRWAN	EX-OFFICIO	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
2023	No data	No data	No data	No data
2022	$18,207	$217,144	$281,987	$-198,937
2021	$28,646	$150,239	$638,208	$-121,593
2020	$37,282	$117,493	$707,718	$-80,211
2019	$57,077	$129,660	$724,876	$-72,583
2018	$1,461,977	$230,983	$853,684	$1,230,994

PENNINGTON MEDICAL FOUNDATION