CAR DONATION FOUNDATION (EIN 263408048) - 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

2007

Legal Domicile

Principal Officer

LOREN DORSHOW

Phone

9525252238

Tax Period

2024-01-01 to 2024-12-31

CAR DONATION FOUNDATION, founded in 2007, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $56.2M in total revenue in fiscal year 2024.

Mission

FINANCIALLY SUPPORT CHARITABLE ORGANIZATIONS THROUGH MOTOR VEHICLE & OTHER PROPERTY DONATIONS.

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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 $72,669,203

Program Service Revenue $0

Investment Income $237,752

Other Revenue $-16,667,990

TOTAL REVENUE $56,238,965

Expense Breakdown

Grants Paid $16,500,275

Salaries & Benefits $318,455

Fundraising Expenses $39,472,592

Program Expenses $16,618,545

Other Expenses $24,022,209

TOTAL EXPENSES $56,574,816

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,238,965	$52,879,022	+0.1%
Expenses	$56,574,816	$52,897,093	+0.1%
Net Income	$-335,851	$-18,071	+17.6%

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

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

$304,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE ORWIG	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROGER GERSHIN	TREASURER	1.00	Officer Director	$0	$0	$0
ANNE VEACH	SECRETARY	1.00	Officer Director	$0	$0	$0
KARINNE TARSHISH	DIRECTOR	1.00	Director	$0	$0	$0
MARK KARON	DIRECTOR	1.00	Director	$0	$0	$0
MATT ROSENBERG	DIRECTOR	1.00	Director	$0	$0	$0
LOREN DORSHOW	EXECUTIVE DIRECTOR	40.00	Officer	$280,000	$24,000	$304,000

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
2024	$56,238,965	$56,574,816	$11,287,774	$-335,851
2023	$52,879,022	$52,897,093	$11,683,472	$-18,071
2022	$52,494,113	$53,522,866	$11,184,528	$-1,028,753
2021	$65,728,159	$63,461,586	$12,821,701	$2,266,573
2020	$49,162,961	$46,385,396	$10,591,554	$2,777,565
2019	$41,289,062	$41,976,458	$7,046,311	$-687,396
2018	$39,520,623	$39,293,044	$8,107,966	$227,579

CAR DONATION FOUNDATION