CHARLIE TIPPMANN FOUNDATION CHARIT… - Form 990 Financial Data

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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

2004

Legal Domicile

Principal Officer

DENNIS J TIPPMANN JR

Phone

2604419603

Tax Period

2023-01-01 to 2023-12-31

CHARLIE TIPPMANN FOUNDATION CHARITABLE TRUST, founded in 2004, is a small nonprofit that reported $487K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $593K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE TRUST IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES BY SUPPORTING THE PURPOSES OF VARIOUS QUALIFIED CHARITABLE ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $546,550

THE TRUST IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES BY SUPPORTING THE PURPOSES OF VARIOUS QUALIFIED CHARITABLE ORGANIZATIONS. THE TRUST SUPPORTED...

THE TRUST IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES BY SUPPORTING THE PURPOSES OF VARIOUS QUALIFIED CHARITABLE ORGANIZATIONS. THE TRUST SUPPORTED VARIOUS ORGANIZATIONS THIS PAST YEAR, SEE SCHEDULE A DETAIL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $235

Program Service Revenue $0

Investment Income $487,078

Other Revenue $0

TOTAL REVENUE $487,313

Expense Breakdown

Grants Paid $546,550

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $546,550

Other Expenses $46,600

TOTAL EXPENSES $593,150

Year-over-Year Comparison

	2023	2022	Change
Revenue	$487,313	$316,601	+0.5%
Expenses	$593,150	$717,909	-0.2%
Net Income	$-105,837	$-401,308	-0.7%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS TIPPMANN	TRUSTEE	0.10	Director	$0	$0	$0
BILL SULLIVAN	MANAGING TRUSTEE	0.10	Director	$0	$0	$0
MARK GURTNER	MANAGING TRUSTEE	0.10	Director	$0	$0	$0
RITA MORRIS	TRUSTEE	0.10	Director	$0	$0	$0
DAVID TIPPMANN	TRUSTEE	0.10	Director	$0	$0	$0
ANNA ROYAL	TRUSTEE	0.10	Director	$0	$0	$0
JAKE RUNYON	MANAGING TRUSTEE	0.10	Director	$0	$0	$0
MARY TIPPMANN	CHAIRMAN	0.20	Officer Director	$0	$0	$0
WILLIAM SWIFT	SECRETARY	0.20	Officer Director	$0	$0	$0
DEBRA BRENNEMAN	TREASURER	1.00	Officer Director	$0	$0	$0
BRADLEY TIPPMANN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DENNIS TIPPMANN JR	PRESIDENT	0.10	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
2024	No data	No data	No data	No data
2023	$487,313	$593,150	$8,142,614	$-105,837
2022	$316,601	$717,909	$7,777,102	$-401,308
2021	$816,283	$713,096	$9,764,933	$103,187
2020	$188,831	$682,754	$9,232,334	$-493,923
2019	$158,695	$536,503	$8,921,691	$-377,808
2018	$374,810	$423,654	$7,944,493	$-48,844

CHARLIE TIPPMANN FOUNDATION CHARITABLE TRUST