PARKVIEW LEGACY FOUNDATION

EIN: 953290732 501(c)(3) Health Care

RIVERSIDE, CA

Total Revenue
$26,034,938
Total Expenses
$754,998
Total Assets
$40,789,091
Net Assets
$40,717,984
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
CA
Principal Officer
DAMIEN O'FARRELL
Phone
8339430003
Tax Period
2023-08-01 to 2024-07-31

PARKVIEW LEGACY FOUNDATION, founded in 1973, is a mid-sized nonprofit in the Health Care sector that reported $26.0M in total revenue in fiscal year 2023. Revenue surged 2326% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25.3M, a strong 97% operating margin.

Mission

TO ENGAGE IN THE SOLICITATION AND RECEIPT OF DONATIONS, BOTH CASH AND IN-KIND FOR THE BENEFIT AND NECESSARY SUPPORT OF PARKIEW COMMUNITY HOSPITAL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,868,276
Program Service Revenue $0
Investment Income $166,662
Other Revenue $0
TOTAL REVENUE $26,034,938

Expense Breakdown

Grants Paid $12,700
Salaries & Benefits $210,269
Fundraising Expenses $0
Program Expenses $517,808
Other Expenses $532,029
TOTAL EXPENSES $754,998

Year-over-Year Comparison

2023 2022 Change
Revenue $26,034,938 $1,073,017 +23.3%
Expenses $754,998 $607,752 +0.2%
Net Income $25,279,940 $465,265 +53.3%
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
12
Independent Members
12
Employees
2
Volunteers
12

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
$173,591
Total Directors
13
$173,591
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTONIO MEJICO CHAIR 1.00
Officer Director
$0 $0 $0
JUSTIN GILBERT TREASURER 1.00
Officer Director
$0 $0 $0
DEX ALEXANDER SECRETARY 1.00
Officer Director
$0 $0 $0
MATT STOWE MEMBER 0.50
Director
$0 $0 $0
DWIGHT TATE MEMBER 1.00
Director
$0 $0 $0
TOM LOZA MEMBER 0.50
Director
$0 $0 $0
KAREN DEMARCO MEMBER 0.50
Director
$0 $0 $0
KIM SARUWATARI MEMBER 0.50
Director
$0 $0 $0
NORM PELZER MEMBER 0.50
Director
$0 $0 $0
JOSE MEDINA MEMBER 0.50
Director
$0 $0 $0
DAYNE BRASSARD MEMBER 0.50
Director
$0 $0 $0
CALVIN PATEL MEMBER 0.50
Director
$0 $0 $0
DAMIEN O'FARRELL PRESIDENT AND CEO 40.00
Officer Director
$151,399 $22,192 $173,591
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 $26,034,938 $754,998 $40,789,091 $25,279,940
2023 $1,073,017 $607,752 $13,610,643 $465,265
2022 $580,011 $328,587 $12,548,638 $251,424
2021 $870,799 $347,347 $12,816,184 $523,452
2020 $3,357,877 $340,467 $11,669,123 $3,017,410
2018 $246,120 $124,808 $853,587 $121,312
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