PRESERVE MECKLENBURG INC

EIN: 834339674 501(c)(3)

CHARLOTTE, NC

Total Revenue
$73,826
Total Expenses
$51,353
Total Assets
$180,379
Net Assets
$180,379
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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
Legal Domicile
NC
Principal Officer
STEFAN PIENKNY
Phone
7043663255
Tax Period
2021-01-01 to 2021-12-31

PRESERVE MECKLENBURG INC, founded in 2019, is a micro nonprofit that reported $74K in total revenue in fiscal year 2021. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $22K, a strong 30% operating margin.

Mission

PRESERVE MECKLENBURG IS A REAL ESTATE ACTIVE PRESERVATION GROUP THAT WORKS TO SAVE LOCAL, HISTORICAL SITES BY SECURING, MARKETING AND SELLING THE FEE SIMPLE AND ANY LESSER INCLUDED INTEREST IN QUALIFYING PROPERTIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $62,963
Program Service Revenue $0
Investment Income $10,863
Other Revenue $0
TOTAL REVENUE $73,826

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $102
Program Expenses $50,075
Other Expenses $51,353
TOTAL EXPENSES $51,353

Year-over-Year Comparison

2021 2020 Change
Revenue $73,826 $172,138 -0.6%
Expenses $51,353 $26,731 +0.9%
Net Income $22,473 $145,407 -0.8%
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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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
38

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
4
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOMMY LEE EXECUTIVE COMMITTEE CHAIR 6.00
Officer Director
$0 $0 $0
MIKE SULLIVAN VICE CHAIR 2.00
Officer Director
$0 $0 $0
STEFAN PIENKNY EXEC. COMMITTEE TREASURER 2.00
Officer Director
$0 $0 $0
VICTOR JONES PROJECTS COMMITTEE CHAIR 2.00
Director
$0 $0 $0
PAMELA CLIFFORD FUNDRAISING CHAIR 3.00
Director
$0 $0 $0
J FRANK BRAGG JR BOARD MEMBER 5.00
Director
$0 $0 $0
ERIC GAMBLE SECRETARY 3.00
Officer Director
$0 $0 $0
BYL CAMERON BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY ALBERT BOARD MEMBER 2.00
Director
$0 $0 $0
LAURA HOOVER BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN JENEST BOARD MEMBER 3.00
Director
$0 $0 $0
CHRIS HEMANS BOARD MEMBER 1.00
Director
$0 $0 $0
G MILLER JORDAN BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN MAYER BOARD MEMBER 2.00
Director
$0 $0 $0
LOUIS ASBURY BOARD MEMBER 1.00
Director
$0 $0 $0
EMMA LITTLEJOHN BOARD MEMBER 2.00
Director
$0 $0 $0
MATTHEW RIDENHOUR BOARD MEMBER 2.00
Director
$0 $0 $0
PATRICK PARENTE BOARD MEMBER 2.00
Director
$0 $0 $0
BOYCE THIES BOARD MEMBER 2.00
Director
$0 $0 $0
PETER WASMER BOARD MEMBER 2.00
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
2021 $73,826 $51,353 $180,379 $22,473
2020 $172,138 $26,731 $157,906 $145,407
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