Pine Castle INC FY2024 filing

Tax-deductible

Jacksonville, FL501(c)(3)Since 1952EIN 59-0704733

Pine castle, INC. Was established in 1952 to promote the general welfare of developmentally disabled individuals and to provide a center for training for persons with intellectual disabilities.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$208K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
3 of 5
years in the black
Worth a look: 2 of the last 5 filings show a deficit.
Pt I · Ln 19 · 5 filings
How much reaches the programs?
77%
of spending
Looks good: 77% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$208K
to officers and key staff · 3% of spending
Looks good: leaders' pay is 3% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 1 is a concern.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
20
named funders · $773K
Looks good: 20 funders name it on their filings; 3 or more looks good.
Funders’ Sch. I, 990-PF
Do they carry debt?
$1.3M
liabilities
Looks good: debts are 14% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
20
independent of 20 voting board members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$7.1M
+6% vs prior year
Spent
$7.5M
To programs
77%
Net assets
$8.1M
By yearFY2020–FY2024
Revenue
$7.1M
FY2024▲ +6%
Revenue by fiscal year
FY2020$5.3M
FY2021$5.5M
FY2022$6.7M
FY2023$6.8M
FY2024$7.1M
FY2024$7.1M
Expenses
$7.5M
FY2024▲ +9%
Expenses by fiscal year
FY2020$5.2M
FY2021$4.7M
FY2022$5.8M
FY2023$6.9M
FY2024$7.5M
FY2024$8.1M
Net assets
$8.1M
FY2024▲ +1%
Net assets by fiscal year
FY2020$6.3M
FY2021$7.5M
FY2022$7.9M
FY2023$8.0M
FY2024$8.1M
FY2024$7.2M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CPine Castle INC
EINHdr · item D59-0704733
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 1954
Year of formationHdr · item L1952
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CJacksonville, FL
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jpinecastle.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.16 Fundraising $0.07
Program services77%$5.7M
Management & general16%$1.2M
Fundraising7%$534K
Total functional expensesLn 25$7.5M

Financial health

Is it on solid ground?

Program efficiency
77%
of spending reaches programs
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$9.4M
FY2024▲ +5%
Total assets by fiscal year
FY2020$7.9M
FY2021$9.0M
FY2022$9.4M
FY2023$9.0M
FY2024$9.4M
FY2024$8.5M
Total liabilities
$1.3M
FY2024▲ +31%
Total liabilities by fiscal year
FY2020$1.7M
FY2021$1.5M
FY2022$1.5M
FY2023$1.0M
FY2024$1.3M
FY2024$1.2M
Revenue less expensesPt I · Ln 19−$330K
Total assetsPt X · Ln 16$9.4M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420

Balance Sheet

Part X · end of year
CashLn 1$81K
Total assetsLn 16$9.4M
Total liabilitiesLn 26$1.3M
Total net assetsLn 32$8.1M
Months of cash on handcomputed0.1

Statement of Revenue

Part VIII
Contributions & grants$5.7M · 79%
Other revenue$706K · 10%
Program service revenue$628K · 9%
Investment income$130K · 2%
Contributions & grants79%$5.7M
Other revenue10%$706K
Program service revenue9%$628K
Investment income2%$130K
— government grantsLn 1e$3.9M
Total revenueLn 12$7.1M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.1M · Operating expenses (Pt IX) $7.5M · Less non-cash grants $142K · Cash operating expenses/yr $7.3M
3.4 months
Where the money goes
Program services
Program services $5.7M · Total expenses $7.5M
77%
Management & General
Management & general $1.2M · Total expenses $7.5M
16%
Fundraising
Fundraising $534K · Total expenses $7.5M
7%
Cost to raise $1
Fundraising expense (3-yr avg) $495K · Solicited contributions (3-yr avg) $1.6M
$0.32 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5.7M · Total revenue $7.1M
79%
Government reliance
Government grants $3.9M · Total revenue $7.1M
54%
Earned-income share
Program service revenue $628K · Total revenue $7.1M
9%
Investment reliance
Investment income $130K · Total revenue $7.1M
+2%
Program self-sufficiency
Program service revenue $628K · Total expenses $7.5M
8%
Growth & trend
Revenue growth (YoY)
This year $7.1M · Prior year $6.8M
+6%
Revenue CAGR
FY2019 $5.3M · FY2023 $7.1M
+8%
Net-asset trend (YoY)
End of year $8.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.1M · Expenses $7.5M
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $9.4M
—
Net-asset ratio
Net assets $8.1M · Total assets $9.4M
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $9.4M
21%
People & payroll
Highest Reported Total Compensation
Individual Lori Ann Whittington · Reported title CEO · Highest reported compensation $208K · Total expenses $7.5M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.5M · Total expenses $7.5M
74%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%——
Overhead ratio 16%——
Fundraising cost ratio 9%——
Revenue growth 6%——
Investment management fee ratio 0.2%——
Legal fee ratio 0.03%——
Accounting fee ratio 0.7%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$208,000Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Lori Ann Whittington$228,866$208,000$188,836$167,793——
Lori Ann Whittington————$142,493$145,669
Jose Rodriguez$133,971—————
Anthony Sutton$117,216—————
Lisa Jenkins$111,320—————
Randall Duncan—————$103,290

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 20Voting board membersPt VI · Ln 1a
  • 20Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides training and support for individuals with intellectual and developmental disabilities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $5.2M of program spending, described in the organization's own filed words · FY2023.
01

The pine castle academy the organization provides a college-like experience for participants. Each participant has an individualized daily schedule that includes time for skill-building with the award-winning pathways curriculum, and their choice of diverse extra-curricular activities, mental health services and field trips.

$3.7Mprogram expense
02

Group homes the organization provides five community group homes that provide 24-HOUR support for 36 residents, as well as skills training and community inclusion opportunities. Residents learn self-care and homemaking skills such as cooking, laundry, housekeeping, grooming, and decision-making.

$1.3Mprogram expense
03

Supported employment the organization provides support in finding jobs in the community for individuals with differences. The program assists with job development and placement, job sourcing and matching, on-the-job support and coaching, advice and support to employers, follow-up support, and mentoring to both employers and employees for…

$145Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 20 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Viewing $7.1M$7.5M+6% 990 PDF
FY2023 $6.8M$6.9M+1% 990 PDF
FY2022 $6.7M$5.8M+21% 990 PDF
FY2021 $5.5M$4.7M+5% 990 PDF
FY2020 $5.3M$5.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2024

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $7,473,701 across 18 lines filed
IX-5 Pay of current officers, directors and key staffManagement $104,841 · Fundraising $104,841$209,682
IX-7 Other salaries and wagesPrograms $3,558,944 · Management $597,312 · Fundraising $240,437$4,396,693
IX-8 Pension plan contributionsPrograms $47,274 · Management $6,782 · Fundraising $1,666$55,722
IX-9 Other employee benefitsPrograms $431,302 · Management $61,880 · Fundraising $15,201$508,383
IX-10 Payroll taxesPrograms $288,000 · Management $41,320 · Fundraising $10,151$339,471
IX-11b Legal feesPrograms $717 · Management $554 · Fundraising $729$2,000
IX-11c Accounting feesPrograms $17,921 · Management $13,857 · Fundraising $18,233$50,011
IX-11f Investment management feesManagement $17,127$17,127
IX-11g Other fees for servicesPrograms $60,809 · Management $47,019 · Fundraising $61,861$169,689
IX-12 Advertising and promotionPrograms $1,129 · Management $822 · Fundraising $137$2,088
IX-13 Office expensesPrograms $165,537 · Management $155,820 · Fundraising $23,689$345,046
IX-16 OccupancyPrograms $208,050 · Management $16,287 · Fundraising $10,296$234,633
IX-17 TravelPrograms $12,714 · Management $8,484 · Fundraising $7,394$28,592
IX-20 InterestManagement $19,700$19,700
IX-22 Depreciation, depletion and amortizationPrograms $217,072 · Management $14,963$232,035
IX-23 InsurancePrograms $108,144 · Management $16,176 · Fundraising $959$125,279
IX-24 Other expenses (24a–d)Programs $467,768 · Management $37,395 · Fundraising $984$506,147
IX-24e All other expensesPrograms $134,579 · Management $59,699 · Fundraising $37,125$231,403
IX-25 Total functional expensesPrograms $5,719,960 · Management $1,220,038 · Fundraising $533,703$7,473,701

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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