FOUNDATION FOR CHIROPRACTIC PROGRES

EIN: 202137895 Health Care

FOLSOM, CA

Total Revenue
$1,358,192
Total Expenses
$1,338,386
Total Assets
$734,485
Net Assets
$719,401
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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
2006
Legal Domicile
CA
Principal Officer
SHERRY MCALLISTER
Phone
8669013427
Tax Period
2023-01-01 to 2023-12-31

FOUNDATION FOR CHIROPRACTIC PROGRES, founded in 2006, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

GENERATE POSITIVE PRESS FOR THE CHRIOPRACTIC PROFESSION AND INCREASE PUBLIC AWARENESS OF BENEFITS OF CHIROPRACTIC CARE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,357,992
Program Service Revenue $0
Investment Income $200
Other Revenue $0
TOTAL REVENUE $1,358,192

Expense Breakdown

Grants Paid $0
Salaries & Benefits $534,635
Fundraising Expenses $24,469
Program Expenses $1,132,597
Other Expenses $803,751
TOTAL EXPENSES $1,338,386

Year-over-Year Comparison

2023 2022 Change
Revenue $1,358,192 $1,233,969 +0.1%
Expenses $1,338,386 $1,339,387 0.0%
Net Income $19,806 $-105,418 -1.2%
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

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Governance

Voting Members
16
Independent Members
16
Employees
4
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
4
$280,000
Total Directors
16
$280,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERRY MCALLISTER PRESIDENT 40.00
Officer Director
$280,000 $0 $280,000
DAN LORD DC DIRECTOR N/A
Director
$0 $0 $0
KRISTINE DOWELL DC DIRECTOR N/A
Director
$0 $0 $0
MAGGIE COLLUCCI DC DIRECTOR N/A
Director
$0 $0 $0
MARK SANNA DC DIRECTOR N/A
Director
$0 $0 $0
MICKEY BURT DC DIRECTOR N/A
Officer Director
$0 $0 $0
NICK DOYLE DC DIRECTOR N/A
Director
$0 $0 $0
RAY FOXWORTH DC DIRECTOR N/A
Director
$0 $0 $0
STEVEN CONWAY DC DIRECTOR N/A
Director
$0 $0 $0
CHARLES DUBOIS DIRECTOR N/A
Director
$0 $0 $0
KENT GREENAWALT CHAIRMAN N/A
Officer Director
$0 $0 $0
PETER MARTIN DIRECTOR N/A
Director
$0 $0 $0
MIKE MCCOY DIRECTOR N/A
Director
$0 $0 $0
TAMMY MEYERS DIRECTOR N/A
Director
$0 $0 $0
DON PETERSEN DIRECTOR N/A
Officer Director
$0 $0 $0
LORA TANIS 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,358,192 $1,338,386 $734,485 $19,806
2022 $1,233,969 $1,339,387 $717,761 $-105,418
2021 $1,284,622 $1,691,267 $839,141 $-406,645
2020 $1,513,040 $1,202,873 $1,290,501 $310,167
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