Cherished Creations Inc (EIN 223460913) - 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

1996

Legal Domicile

Principal Officer

Anthony Grande

Phone

9086652900

Tax Period

2024-01-01 to 2024-12-31

Cherished Creations Inc, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $235K in total revenue in fiscal year 2024. The organization ran a surplus of $68K, a strong 29% operating margin.

Mission

TO ASSIST IN THE LIVES OF SERIOUSLY ILL CHILDREN

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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 (2024)

Revenue Breakdown

Contributions & Grants $311,012

Program Service Revenue $0

Investment Income $14

Other Revenue $-75,544

TOTAL REVENUE $235,482

Expense Breakdown

Grants Paid $113,216

Salaries & Benefits $34,534

Fundraising Expenses $0

Program Expenses $139,117

Other Expenses $19,496

TOTAL EXPENSES $167,246

Year-over-Year Comparison

	2024	2023	Change
Revenue	$235,482	$244,108	0.0%
Expenses	$167,246	$123,673	+0.4%
Net Income	$68,236	$120,435	-0.4%

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

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
ANTHONY GRANDE	TRUSTEE	2.0	Director	$0	$0	$0
SUZANNE GRANDE	Secretary/Executive Director	2.0	Officer Director	$0	$0	$0
David A Grande	PRESIDENT/TREASURER	2.0	Officer Director	$0	$0	$0
Angela Grande	Vice President	2.0	Officer Director	$0	$0	$0
Daniela Cardone	TRUSTEE	2.0	Director	$0	$0	$0
Bianca Kovalcik	TRUSTEE	2.0	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	$235,482	$167,246	$504,083	$68,236
2023	$244,108	$123,673	$436,610	$120,435
2022	$172,420	$102,817	$317,850	$69,603
2021	$174,805	$125,582	$248,629	$49,223
2020	$157,487	$120,250	$207,065	$37,237
2019	$201,594	$207,884	$157,573	$-6,290
2018	$175,742	$219,853	$168,396	$-44,111

Cherished Creations Inc