CODALE CHILDREN'S CHARITY CLASSIC (EIN 200057042) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

JON MITCHELL

Phone

8019757300

Tax Period

2020-01-01 to 2020-12-31

CODALE CHILDREN'S CHARITY CLASSIC, founded in 2003, is a micro nonprofit that reported $36K in total revenue in fiscal year 2020. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $235K exceeded revenue, resulting in a 545% operating deficit.

Mission

THE CORPORATION IS ORGANIZED AS A NON PROFIT CORPORATION AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, & EDUCATIONAL PURPOSES WITHIN THE MEANING OF 501(C)(3)

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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 (2020)

Revenue Breakdown

Contributions & Grants $11,260

Program Service Revenue $0

Investment Income $0

Other Revenue $25,210

TOTAL REVENUE $36,470

Expense Breakdown

Grants Paid $225,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $235,200

Other Expenses $9,500

TOTAL EXPENSES $235,200

Year-over-Year Comparison

	2020	2019	Change
Revenue	$36,470	$112,128	-0.7%
Expenses	$235,200	$1,924,300	-0.9%
Net Income	$-198,730	$-1,812,172	-0.9%

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

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	Role	Reportable Comp	Other Comp	Total
JON MITCHELL	PRESIDENT	Officer Director	$0	$0	$0
TODD SANDERS	VICE PRESIDENT	Officer Director	$0	$0	$0
JOEL GARDNER	SECRETARY	Director	$0	$0	$0
KENT CHADWICK	TRUSTEE	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
2020	$36,470	$235,200	$143,114	$-198,730
2019	$112,128	$1,924,300	$402,122	$-1,812,172
2018	$126,800	$78,000	$2,237,946	$48,800

CODALE CHILDREN'S CHARITY CLASSIC