SAVE THE CORD FOUNDATION

EIN: 205953361 501(c)(3) Health Care

TUCSON, AZ

Total Revenue
$71,005
Total Expenses
$62,381
Total Assets
$13,537
Net Assets
$10,796
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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
2007
Legal Domicile
AZ
Principal Officer
CHARIS OBER
Phone
5202409021
Tax Period
2023-07-01 to 2024-06-30

SAVE THE CORD FOUNDATION, founded in 2007, is a micro nonprofit in the Health Care sector that reported $71K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $62K left a modest 12% surplus.

Mission

SAVE THE CORD FOUNDATION WAS ESTABLISHED TO CREATE AND PROVIDE EDUCATIONAL AWARENESS AND TO DISTRIBUTE UNBIASED, FACTUAL INFORMATION CONCERNING THE LIFE-SAVING BENEFITS OF CORD BLOOD, AND THE NEED TO PRESERVE THIS VALUABLE NATURAL RESOURCE.

Program Service Accomplishments

Program 1

CONFERENCES AND MEETINGS TO DISSEMINATE INFORMATION AND TO EDUCATE OFFICER'S AND OTHER VOLUNTEERS IN MOST RECENT CORD BLOOD ADVANCES.

Program 2

WEB SITE SETUP AND FUNCTIONING. THE HEART OF THE NON-PROFIT. USED TO EDUCATE VISITORS. ALLOWS VISITORS TO PARTICIPATE IN ACTIVITIES AND CONVEYS INFORMATION IN REGARDS TO BANK LOCATIONS.

Program 3

INFORMATIONAL PACKETS - INFORMATION IN REGARDS TO CORD BLOOD AND HOW TO GET INVOLVED.

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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 $71,005
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $71,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,000
Fundraising Expenses $0
Program Expenses $62,370
Other Expenses $24,381
TOTAL EXPENSES $62,381

Year-over-Year Comparison

2023 2022 Change
Revenue $71,005 $63,566 +0.1%
Expenses $62,381 $89,867 -0.3%
Net Income $8,624 $-26,301 -1.3%
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
1
Independent Members
1
Employees
N/A
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
1
$6,000
Total Directors
1
$6,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARIS OBER DIRECTOR/CO-PRESIDENT 40.00
Officer Director
$6,000 $0 $6,000
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 $71,005 $62,381 $13,537 $8,624
2023 $63,566 $89,867 $2,851 $-26,301
2022 $71,000 $80,920 $28,473 $-9,920
2021 $90,000 $43,800 $62,323 $46,200
2020 $85,800 $68,574 $18,849 $17,226
2019 $74,230 $84,038 $2,959 $-9,808
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