WINTER BLAST FOUNDATION (EIN 205972962) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

LORI WITZ

Phone

2485417550

Tax Period

2023-01-01 to 2023-12-31

WINTER BLAST FOUNDATION, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $64K in total revenue in fiscal year 2023. Revenue surged 752% from the prior year, signaling strong growth momentum. Expenses of $60K left a modest 7% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE, RELIGIOUS OR EDUCATIONAL PURPOSES OR FOR THE PUBLIC WELFARE, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS TAX EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN ADDITION THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF SUPPORTING COMMUNITY BASED EVENTS, INCLUDING WINTER BLAST IN DETROIT, MI.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,000

Program Service Revenue $0

Investment Income $0

Other Revenue $14,250

TOTAL REVENUE $64,250

Expense Breakdown

Grants Paid $59,429

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,429

Other Expenses $316

TOTAL EXPENSES $59,745

Year-over-Year Comparison

	2023	2022	Change
Revenue	$64,250	$7,544	+7.5%
Expenses	$59,745	$8,416	+6.1%
Net Income	$4,505	$-872	-6.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI WITZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIEL J CETNAR	TREASURER	0.01	Officer Director	$0	$0	$0
MICHAEL HUGHES	SECRETARY	0.01	Officer Director	$0	$0	$0
HANK WINEMAN	MEMBER	0.01	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	$64,250	$59,745	$9,431	$4,505
2022	$7,544	$8,416	$4,926	$-872
2021	$-204	$2,694	$5,798	$-2,898
2020	$42,876	$31,401	$8,696	$11,475
2019	$12,645	$42,264	$3,521	$-29,619
2018	$58,526	$47,139	$33,140	$11,387

WINTER BLAST FOUNDATION