PRIMERFIELD FOUNDATION

EIN: 833567299 501(c)(3) Education

BEND, OR

Total Revenue
$986,624
Total Expenses
$324,162
Total Assets
$662,462
Net Assets
$662,462
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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
2019
Phone
5415508453
Tax Period
2024-01-01 to 2024-12-31

PRIMERFIELD FOUNDATION, founded in 2019, is a small nonprofit in the Education sector that reported $987K in total revenue in fiscal year 2024. The organization ran a surplus of $662K, a strong 67% operating margin.

Mission

At the Primerfield Foundation, our mission is to advance the understanding and application of groundbreaking technologies, research, inventions, theories, and discoveries. We are committed to sharing knowledge about these innovations and highlighting their significant implications and applications across a wide range of scientific disciplines, including health and medical technology, astrophysics, physics, and more.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $986,624
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $986,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $266,367
Other Expenses $324,162
TOTAL EXPENSES $324,162

Year-over-Year Comparison

2024 2023 Change
Revenue $986,624 N/A N/A
Expenses $324,162 N/A N/A
Net Income $662,462 N/A 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

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Governance

Voting Members
1
Independent Members
N/A
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
0
$0
Total Directors
1
$24,137
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID LAPOINT President 0.00
Director
$24,137 $0 $24,137
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 $986,624 $324,162 $662,462 $662,462
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