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Ohio · Nonprofit

Pine Cay Project

Pine Cay Project (Ohio) receives grants from 4 organizations whose IRS filings report $190,250 to it, the largest being BILL NYGREN FOUNDATION ($140,000). 3 of them have funded it in more than one year.

Revenue FY2025
$62k
Funders on record
4
Grants received
$190k
Net assets
$409k
3/4 repeat funderspeak grant-dependency 57%
01What it does

What Pine Cay Project does

Mission

Encourage education in the Turks & Caicos Islands.

As stated on its FY2025 Form 990-EZ.

Program

  1. Donated books, teaching aids and other supplies and equipment to a variety of educational organizations to further education in the Turk and Caicos Islands. Provided funds for innovative learning/teaching programs which cannot be funded by government resources. Helped island educators recover from the hurricanes of 2008 with needed books, learning materials and after school programs.

    $22,750 spentof which $22,750 as grants
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $22,750.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($111k) Expenses 100 ($47k) Net assets 100 ($194k)2018 Revenue 158 ($176k) Expenses 61 ($29k) Net assets 175 ($341k)2019 Revenue 90 ($100k) Expenses 232 ($109k) Net assets 171 ($331k)2020 Revenue 63 ($70k) Expenses 50 ($24k) Net assets 195 ($378k)2021 Revenue 74 ($82k) Expenses 264 ($125k) Net assets 174 ($338k)2022 Revenue 74 ($82k) Expenses 219 ($103k) Net assets 163 ($317k)2023 Revenue 57 ($63k) Expenses 59 ($28k) Net assets 181 ($352k)2024 Revenue 60 ($67k) Expenses 95 ($45k) Net assets 193 ($374k)2025 Revenue 56 ($62k) Expenses 56 ($26k) Net assets 211 ($409k)
'17'18'19'20'21'22'23'24'25
Revenue (56)Expenses (56)Net assets (211)Peer revenue range

Balance sheet

Total assets at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $194k to $341k (+75%).

$194k
$341k
$331k
$378k
$338k
$317k
$352k
$374k
$409k
'17'18'19'20'21'22'23'24'25
Total assets

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

88% of Pine Cay Project’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 4,031 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$64k
’17
$147k
’18
−$9k
’19
$47k
’20
−$42k
’21
−$21k
’22
$35k
’23
$22k
’24
$35k
’25

Leadership and staff

Board chair

Marie Yvonne Landel

Chair

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $9k → $2k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
2
2
2
3
4
2
1
1
1

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Pine Cay Project’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Pine Cay Project leans on a few funders — its largest provides 74% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

74%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2017 78% · 2018 88% · 2019 79% · 2020 75% · 2021 71% · 2022 91% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Pine Cay Project draws 100% of its grant income from funders outside Ohio, across 3 states in all.

IL
MA
PA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $31k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Pine Cay Project runs a healthier operating margin than three-quarters of the 1,793 international nonprofits its size.

Operating margin57% · top quartile
Revenue growth (annualized)−7% · above the median

this organization peer median middle 50% of peers· 1,793 international nonprofits under $100k, FY2025

Organizations like Pine Cay Project

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

72%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Screen this organization

A dated, signed PDF of the compliance screen for Pine Cay Project: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Pine Cay Project?
Pine Cay Project (Ohio) receives grants from 4 organizations whose IRS filings report $190,250 to it, the largest being BILL NYGREN FOUNDATION ($140,000). 3 of them have funded it in more than one year.
How many funders does Pine Cay Project have?
IRS filings report 4 organizations giving $190,250 in grants to Pine Cay Project, 3 of which have funded it in more than one year.
Who is the largest funder of Pine Cay Project?
BILL NYGREN FOUNDATION is the largest funder on record, with $140,000 in grants. The full list of funders is on this page.
How can an organization like Pine Cay Project find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Pine Cay Project →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing