Operation Chillout Inc (EIN 270181975) - 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

2009

Legal Domicile

Principal Officer

Raymond Chimileski

Phone

9085091462

Tax Period

2023-01-01 to 2023-12-31

Operation Chillout Inc, founded in 2009, is a small nonprofit in the Human Services sector that reported $138K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

Promoting and advocating for sustainable solutions for the multifaceted nature of poverty and homelessness.

🔒

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 $135,128

Program Service Revenue $0

Investment Income $7

Other Revenue $2,548

TOTAL REVENUE $137,683

Expense Breakdown

Grants Paid $105,541

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,210

Other Expenses $30,229

TOTAL EXPENSES $135,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$137,683	$215,066	-0.4%
Expenses	$135,770	$179,204	-0.2%
Net Income	$1,913	$35,862	-0.9%

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
Raymond Chimileski	Executive Director	020.00	Officer Director	$0	$0	$0
Leslie Chimileski	Trustee-Program Director	001.00	Director	$0	$0	$0
John Hennessey	Trustee-Board Advisor	001.00	Director	$0	$0	$0
Dave Vissoe	Trustee-Board Advisor	002.00	Director	$0	$0	$0
Albert Comploy	Trustee-Board Advisor	002.00	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
2023	$137,683	$135,770	$199,827	$1,913
2022	$215,066	$179,204	$197,914	$35,862
2021	$134,501	$126,686	$162,052	$7,815
2020	$132,263	$149,502	$154,237	$-17,239
2019	$213,692	$244,748	$171,476	$-31,056
2018	$499,932	$424,019	$202,532	$75,913

Operation Chillout Inc