Pineview Homes

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EIN 38-1851783 Unknown exempt organization Evart, MI
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2021
Revenue
$1.7M
FY2021▼ -26%
Expenses
$2.0M
FY2021▼ -13%

Form 990 for the fiscal year ending December 2021 (IRS tax year 2021).


Provides residential care for 37 boys. For fiscal year 2021 it reported $1.7M in revenue, $2.0M in expenses, and $271K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Evart, MI
Website
pineviewhomes.org
Filings
2 on file (2020–2021)
Revenue
$1.7MFY2021
Expenses
$2.0M
Net assets
$271K
People
19
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Figures match the IRS filing checked 9/13/26 · see original: IRS
Provided by the organization

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Size
$1–10M
What they do
Provides residential care for 37 boys.
Leadership
Julie Cole · Board of Directors
Money in and out
$1.7M revenue, $2.0M expenses
Bottom line
-17% surplus margin
Reported financial activity · FY2021
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$271K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$285K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Surplus margin
-17%
revenue over expenses, this year▼ -1158% vs prior filing year
Program spending
97%
of expenses reach programs+0.2% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$601K
FY2021▼ -33%
Total liabilities
$329K
FY2021▼ -2%
Revenue less expensesPt I · Ln 19−$285K
Total assetsPt X · Ln 16$601K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 326
Independent voting membersPt I · Ln 426

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CPineview Homes
EINHdr · item D38-1851783
Principal addressHdr · item CEvart, MI
WebsiteHdr · item Jpineviewhomes.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a26
Independent voting membersPt VI · Ln 1b26
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
See Pineview Homes executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $1.9M of program spending, described in the organization's own filed words · FY2021.
01

Pineview Homes, Inc. is a state licensed child caring institution developed and operated for the benefit of children who have been removed from their homes.

$1.9Mprogram expense

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Statement of Revenue

Part VIII
Program service revenue$1.4M · 79%
Contributions & grants$333K · 19%
Other revenue$33K · 2%
Program service revenue79%$1.4M
Contributions & grants19%$333K
Other revenue2%$33K
Investment income$1K
— government grantsLn 1e$274K
Total revenueLn 12$1.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$1.9M
Management & general3%$60K
Total functional expensesLn 25$2.0M

Balance Sheet

Part X · end of year
CashLn 1$293K
Total assetsLn 16$601K
Total liabilitiesLn 26$329K
Total net assetsLn 32$271K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $326K · Operating expenses (Pt IX) $2.0M · Less non-cash grants $4K · Cash operating expenses/yr $2.0M
2.0 months
Where the money goes
Program services
Program services $1.9M · Total expenses $2.0M
97%
Management & General
Management & general $60K · Total expenses $2.0M
3%
Fundraising
Fundraising $0 · Total expenses $2.0M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $95K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $333K · Total revenue $1.7M
19%
Government reliance
Government grants $274K · Total revenue $1.7M
16%
Earned-income share
Program service revenue $1.4M · Total revenue $1.7M
79%
Investment reliance
Investment income $1K · Total revenue $1.7M
+0.06%
Program self-sufficiency
Program service revenue $1.4M · Total expenses $2.0M
68%
Growth & trend
Revenue growth (YoY)
This year $1.7M · Prior year $2.3M
-26%
Net-asset trend (YoY)
End of year $271K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.7M · Expenses $2.0M
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $601K
Net-asset ratio
Net assets $271K · Total assets $601K
45%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $33K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $601K
5%
People & payroll
Highest Reported Total Compensation
Individual Julie Cole · Reported title Board of Directors · Highest reported compensation $0 · Total expenses $2.0M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.5M · Total expenses $2.0M
76%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth -26%
Accounting fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$1.7M revenue · viewing · ⤓ 990 PDF
FY2020$2.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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