THE PLANK FOUNDATION (EIN 770114147) - 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

1986

Legal Domicile

Principal Officer

BOB PARKER

Phone

6613010345

Tax Period

2023-07-01 to 2024-06-30

THE PLANK FOUNDATION, founded in 1986, is a micro nonprofit that reported $43K in total revenue in fiscal year 2023. Revenue surged 2099% from the prior year, signaling strong growth momentum. Expenses of $71K exceeded revenue, resulting in a 68% operating deficit.

Mission

TO SUPPORT KERN COUNTY FIGHT AGAINST CANCER, HOSPICE EFFORTS AND IMMEDIATE COMMUNITY NEEDS.

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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 $4,990

Program Service Revenue $0

Investment Income $22,282

Other Revenue $15,262

TOTAL REVENUE $42,534

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,000

Other Expenses $11,393

TOTAL EXPENSES $71,393

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,534	$1,934	+21.0%
Expenses	$71,393	$61,355	+0.2%
Net Income	$-28,859	$-59,421	-0.5%

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
MICHELLE AVILA	PRESIDENT	0.50	Officer Director	$0	$0	$0
TOM BURCH	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MICHELE BROWN	SECRETARY	0.50	Officer Director	$0	$0	$0
BOB PARKER	TREASURER	0.50	Officer Director	$0	$0	$0
DT HOLDER	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN CHARETTE	DIRECTOR	0.50	Director	$0	$0	$0
AMANDA FRANK	DIRECTOR	0.50	Director	$0	$0	$0
ROSS HOFFMANN	DIRECTOR	0.50	Director	$0	$0	$0
QUON LOUEY	DIRECTOR	0.50	Director	$0	$0	$0
TERRY MAXWELL	DIRECTOR	0.50	Director	$0	$0	$0
SCARLETT SABIN	DIRECTOR	0.50	Director	$0	$0	$0
CHERIE SHOEMAKE	DIRECTOR	0.50	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	$42,534	$71,393	$827,282	$-28,859
2023	$1,934	$61,355	$779,613	$-59,421
2022	$92,347	$67,215	$786,221	$25,132
2021	$151,669	$57,156	$994,570	$94,513
2020	$101,173	$61,502	$787,361	$39,671
2019	$61,850	$60,425	$732,494	$1,425
2018	$74,360	$67,205	$723,319	$7,155

THE PLANK FOUNDATION