The Pleasure Island Foundation for a Sustainable Community
Nonprofit profile at a glance
- EIN
- 141993838
- IRS 990-EZ coverage
- 2013–2018
- Forms available
- Form 990-EZ 2018, Form 990-N 2010
- Location
- Carolina Beach, NC, USA
- Phone
- 9104588434
- Rating confidence
- Limited
- Sector
- Economic Development
Reported finances
- Expenses
- $1,174
- Assets
- $15,290
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GREG REYNOLDS (PRESIDENT)
People named in this filing
- KED COTTRELL (CHAIRMAN)
- JESSE JONES (TREASURER)
- GREG REYNOLDS (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To reinvest citizen, business and community resources to further enhance the quality of life, social, and economic well being of the pleasure island communities of carolina and kure beach in support of the goal of "one island, one community."
What it reported doing in 2018
To reinvest citizen, business and community resources to further enhance the quality of life, social, and economic well being of the pleasure island communities of carolina beach and kure beach in support of the goal of "one island, one community."
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 59.2%; rating input score 59
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 13.02; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -9.9% per year; rating input score 0; 57th percentile among comparable filings
- Revenue growth: 40.1% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 59.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $695 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 3 of 3 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2013 to 2018
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.