Palm Springs Cruisin Association

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Phone

7603277151

Tax Period

2021-07-01 to 2022-06-30

Palm Springs Cruisin Association, founded in 1983, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $35K in total revenue in fiscal year 2021. Expenses of $31K left a modest 10% surplus.

Mission

PROMOTE PUBLIC INTEREST AND KNOWLEDGE ABOUT AUTOMOBILES THROUGH CAR SHOWS AND TO RAISE FUNDS FOR QUALIFIED 501(C)(3) ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $21,766 Revenue: $22,382

PROMOTE PUBLIC INTEREST AND KNOWLEDGE ABOUT AUTOMOBILES AND RAISE FUNDS FOR QUALIFIED 501(C)(3) ORGANIZATIONS

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $12,415

Program Service Revenue $22,381

Investment Income $0

Other Revenue $0

TOTAL REVENUE $34,796

Expense Breakdown

Grants Paid $21,766

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,766

Other Expenses $9,397

TOTAL EXPENSES $31,163

Year-over-Year Comparison

	2021	2020	Change
Revenue	$34,796	N/A	N/A
Expenses	$31,163	N/A	N/A
Net Income	$3,633	N/A	N/A

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ross McMullin	President	25.00	Officer Director	$0	$0	$0
Craig Korthase	Vice President	55.00	Officer Director	$0	$0	$0
Julie St John	Secretary	15.00	Officer Director	$0	$0	$0
Steve Hoag	Memebership Dir	10.00	Officer Director	$0	$0	$0
Diana Finnigan	Member at large	10.00	Officer Director	$0	$0	$0
Julius Varga	Treasurer	20.00	Officer Director	$0	$0	$0
George Dray	Sergent at arm	10.00	Officer Director	$0	$0	$0
Lynn Renshaw	Event coord	10.00	Officer Director	$0	$0	$0

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2022	$34,796	$31,163	$41,994	$3,633
2021	$42,131	$44,717	$19,850	$-2,586
2020	$276,403	$288,657	$22,436	$-12,254
2019	$233,179	$216,380	$34,690	$16,799