CAMP KOREY (EIN 203829742) - 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

2005

Legal Domicile

Principal Officer

DAN WORRA

Phone

4254400850

Tax Period

2023-01-01 to 2023-12-31

CAMP KOREY, founded in 2005, is a community nonprofit in the Youth Development sector that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $4.7M exceeded revenue, resulting in a 39% operating deficit.

Mission

THE MISSION OF CAMP KOREY IS TO HONOR THE COURAGE, STRENGTH, AND DETERMINATION OF CHILDREN AND THEIR FAMILIES LIVING WITH LIFE-ALTERING MEDICAL CONDITIONS BY PROVIDING THEM WITH A TRANSFORMATIONAL EXPERIENCE IN A FUN, SAFE CAMP ENVIRONMENT WITH SPECIALIZED MEDICAL SUPPORT. OUR PROGRAMS ARE PROVIDED 100% FREE OF CHARGE TO CAMPERS AND FAMILIES.

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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 $3,328,533

Program Service Revenue $0

Investment Income $131,642

Other Revenue $-104,996

TOTAL REVENUE $3,355,179

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,700,151

Fundraising Expenses $794,604

Program Expenses $3,622,789

Other Expenses $1,964,415

TOTAL EXPENSES $4,664,566

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,355,179	$4,271,932	-0.2%
Expenses	$4,664,566	$3,720,148	+0.3%
Net Income	$-1,309,387	$551,784	-3.4%

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

Volunteers

667

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

$370,212

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS MCREYNOLDS	CO-PRESIDENT	5.25	Officer Director	$0	$0	$0
TIM ROSE - CO-PRESIDENT	INTERIM CEO (THRU 10/23)	2.75	Officer Director	$0	$0	$0
SUE COLBOURNE	VICE PRESIDENT	2.50	Officer Director	$0	$0	$0
CLAUDIA CAMPANILE	SECRETARY	2.75	Officer Director	$0	$0	$0
MICHELE KING	TREASURER	2.75	Officer Director	$0	$0	$0
SIDNEY ANDREWS	BOARD MEMBER	2.75	Director	$0	$0	$0
JEN CHAMBERS	BOARD MEMBER	0.75	Director	$0	$0	$0
DAMON ELDER	BOARD MEMBER	1.25	Director	$0	$0	$0
ANDY FRY	BOARD MEMBER	1.25	Director	$0	$0	$0
ERIN HAGSTROM	BOARD MEMBER	0.75	Director	$0	$0	$0
JENNIFER HARNISH	BOARD MEMBER	0.75	Director	$0	$0	$0
PATRICK KANE	BOARD MEMBER	0.75	Director	$0	$0	$0
ALI MOAYERI	BOARD MEMBER	1.50	Director	$0	$0	$0
MARK MOBILIA	BOARD MEMBER	0.75	Director	$0	$0	$0
KLANE WHITE MD	BOARD MEMBER	0.75	Director	$0	$0	$0
CRAIG WILSON	BOARD MEMBER	1.25	Director	$0	$0	$0
JAY HENNINGSEN	CEO (THRU 11/23)	40.00	Officer	$227,416	$26,067	$253,483
MICHELLE DEACON	FINANCE DIRECTOR (THRU 11/23)	40.00	Officer	$111,531	$5,198	$116,729

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	$3,355,179	$4,664,566	$18,301,413	$-1,309,387
2022	$4,271,932	$3,720,148	$20,199,578	$551,784
2021	$5,651,447	$3,275,530	$18,212,699	$2,375,917
2020	$3,462,590	$2,619,908	$11,137,218	$842,682
2019	$3,963,469	$3,011,372	$9,978,419	$952,097
2018	$3,563,935	$2,908,040	$8,844,903	$655,895
2018	$3,563,935	$2,908,040	$8,844,903	$655,895

CAMP KOREY