CHOPCHOP FAMILY INC (EIN 043505334) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

SALLY SAMPSON

Phone

6179243993

Tax Period

2023-01-01 to 2023-12-31

CHOPCHOP FAMILY INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $923K in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 29% operating deficit.

Mission

CHOPCHOP FAMILY IS DEDICATED TO PROVIDING TOOLS FOR BUILDING ESSENTIAL LIFE SKILLS THROUGH THE LENS OF FOOD AND COOKING. CHOPCHOP FAMILY INCLUDES A DIVERSE AND INCLUSIVE COLLECTION OF PRODUCTS FOR CHILDREN, PARENTS, AND OLDER ADULTS. IN ADDITION TO OUR AWARD-WINNING MAGAZINES AND COOKBOOKS, THE CHOPCHOP FAMILY BRAND INCLUDES DIGITAL CONTENT, COOKING CURRICULA, AND HANDS-ON COOKING CLASSES. WE BELIEVE THAT COOKING AND EATING TOGETHER IS FUNDAMENTAL TO EVERY FAMILY'S HEALTH AND HAPPINESS, AND THAT IF CHILDREN LEARN HEALTHY EATING HABITS WHEN THEY'RE YOUNG, THEY WILL MAINTAIN HEALTHY LIFESTYLES INTO THEIR TEENAGE AND ADULT YEARS. COOKING NOT ONLY PROMOTES BETTER HEALTH, IT ALSO BUILDS RELATIONSHIPS, SAVES MONEY, AND TEACHES MATH, SCIENCE, AND CULTURAL AND FINANCIAL LITERACY, ALONG WITH OTHER CRITICAL LIFE SKILLS. WE AIM TO COUNTERACT TODAY'S RAMPANT "KITCHEN ILLITERACY" BY EMPOWERING FAMILIES AND COMMUNITIES WITH OUR POSITIVE MESSAGE AND COMMON- SENSE, INNOVATIVE, AND FUN SOLUTIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,879

Program Service Revenue $917,612

Investment Income $3,580

Other Revenue $0

TOTAL REVENUE $923,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $559,308

Fundraising Expenses $0

Program Expenses $818,932

Other Expenses $632,127

TOTAL EXPENSES $1,191,435

Year-over-Year Comparison

	2023	2022	Change
Revenue	$923,071	$965,175	0.0%
Expenses	$1,191,435	$1,118,245	+0.1%
Net Income	$-268,364	$-153,070	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$205,159

Total Directors

$205,159

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SALLY SAMPSON	PRESIDENT	40.00	Officer Director	$200,558	$4,601	$205,159
SHIKHA ANAND	SECRETARY	N/A	Officer Director	$0	$0	$0
HEATHER GRIMMETT	TREASURER	N/A	Officer Director	$0	$0	$0
BRINDHA MUNIAPPAN	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL SMITH	DIRECTOR	N/A	Director	$0	$0	$0
ANA SORTUN	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW STEINBERG	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$923,071	$1,191,435	$334,136	$-268,364
2023	No data	No data	No data	No data
2022	$965,175	$1,118,245	$585,233	$-153,070
2021	$1,196,030	$923,239	$782,006	$272,791
2020	$737,771	$1,322,563	$620,673	$-584,792
2019	$1,622,720	$1,695,152	$905,979	$-72,432
2018	$1,437,258	$1,498,394	$1,031,064	$-61,136

CHOPCHOP FAMILY INC