DOUBLE HELIX CORPORATION (EIN 237170474) - 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

1971

Legal Domicile

Principal Officer

KELLY WELLS

Phone

3146643955

Tax Period

2024-01-01 to 2024-12-31

DOUBLE HELIX CORPORATION, founded in 1971, is a small nonprofit that reported $697K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $938K exceeded revenue, resulting in a 35% operating deficit.

Mission

The mission of KDHX is to build community through media. KDHX uses the power of music and education to engage and unite individuals and communities.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $614,653

Program Service Revenue $86,947

Investment Income $0

Other Revenue $-4,685

TOTAL REVENUE $696,915

Expense Breakdown

Grants Paid $0

Salaries & Benefits $295,891

Fundraising Expenses $147,884

Program Expenses $477,933

Other Expenses $642,412

TOTAL EXPENSES $938,303

Year-over-Year Comparison

	2024	2023	Change
Revenue	$696,915	$940,324	-0.3%
Expenses	$938,303	$1,267,977	-0.3%
Net Income	$-241,388	$-327,653	-0.3%

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

Volunteers

118

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
JOAN BRAY	Secretary	1.00	Officer Director	$0	$0	$0
GARY PIERSON	President	1.00	Officer Director	$0	$0	$0
PAUL DEVER	Vice President	1.00	Officer Director	$0	$0	$0
JEFFREY FERNHOFF	Director	1.00	Director	$0	$0	$0
RAY FINNEY	Treasurer	1.00	Officer Director	$0	$0	$0
FRANC FLORTON	Director	1.00	Director	$0	$0	$0
CARYN HADDIX	Director	1.00	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	$696,915	$938,303	$2,188,053	$-241,388
2023	$940,324	$1,267,977	$2,289,899	$-327,653
2022	$1,086,648	$1,223,249	$2,501,571	$-136,601
2021	$1,274,260	$1,252,091	$2,791,214	$22,169
2020	$2,752,253	$1,856,944	$2,855,067	$895,309

DOUBLE HELIX CORPORATION